Topic: no 1 reason why the bulls are starting real soon!!! - page 2. (Read 22186 times)

I certainly wouldn't say the long term charts say they are highly correlated. I think if anything they show there is no correlation, and that bitcoin's market cycle has had nothing at all to do with the stock market cycle, though that could change as bitcoin becomes larger and larger and therefore is affecting by the movings of larger and larger entities in the global financial system. Unless you are just saying they've both been in decade long bull runs which isn't really fair to make any assessment of the correlation then.

While the US economy hasn't turned yet the stock market has and bond yields are turning and several other things. Not to mention that US stocks and economy are massively propped up respectively due to the giant tax giveaway to corporations that got investors all excited leading up to it in 2017 (which immediately after it passed the markets had zero reason to go up anymore) and the hundreds of billions of dollars annually of extra deficit spending the US has done over the past two years. At some point that house of cards is gonna fall back to reality and thats when we get real negative movement, not just the 20% fall the markets have seen recently, which is only the beginning or the turnaround.

Anyway, I think Bitcoin will be sideways and then upwards later in the year, while stocks will probably continue to be very volatile and slightly somewhat downward as I don't think the economy will start going down until 2020 probably, which is when we'll really start to see some falling stock markets. Basically, I wouldn't touch stocks for a couple years, and would be (and am!) accumulating as much bitcoin as possible right now to sell on the next boom which hopefully occurs while stocks are still recovering to hit both upswings in a row!

Personally, I don't mind a bit of healthy volatility

I mean like it was in early 2018 and before, when massive corrections and downfalls were quickly followed by powerful rebounds and breakouts. But today it seems a bit different (or maybe not a bit). What we see now is price stagnating most of the time, then it suddenly crashes like 50% and again enters a sideways mode

I wouldn't call that boring like what others are thinking of this phenomenon, but it is not what we saw in the past. All in all, it wouldn't be a big deal if Bitcoin has found a true bottom but we can know it only in retrospect. So there is no guarantee or knowing that it won't suddenly crash again in the coming days or months and then move to sleep

Cryptopia hack is not a bad news for bitcoin or any coin, its a bad news for people who traded there, even worse its bad news for people who hold coins on cryptopia exchange, like here on forum we didn`t have enough warning topics and comments about holding coins on any exchange. Now its happen again and now we are in same situation again.
Anyway cryptopia exchange is located in New Zeland, they sure have some laws about it and police is involved too, they will found out was it a hack or inside job. Many worse hacks happened before, this will not hurt crypto in general.

As much as I like your idea, like buying more cryptocoins, it cannot happen because investors are waiting for a positives news. However, it's not coming, and on the contrary another negatives news arrived today when another crypto exchange was hacked. So this is another sad day for all crypto enthusiast because such news might drag the market down again.

If there's no bull run in the first half of the year, I will think it's not gonna happen anymore this year.
One year is enough, we've seen a lot of correction under that span of time, some people even panic and sold their holding, some quit and just forget crypto, I don't what will happen more if this market will not change its direction.

We need the spirit of optimism, as an investors, profit is what we are after of, if that will come, it will never make us happy with investing.
I would like to think it's a still sleeping but I'm hoping when it wakes up, it will bring chaos to the market, not that people are dumping but people get FOMO.

the long term charts are highly correlated, but the stock market falling shouldn't directly affect crypto. the question is whether a larger financial crisis or depression is on the horizon. that would affect all markets, including stocks and crypto.

it's mainly equities and crude oil that have been hit hardest and both have staged solid recoveries (or at least the beginnings on one). the current dip in stocks hasn't exactly spread to other markets so i'm inclined to reject the idea that a major financial crisis is about to hit. the economic numbers don't support the idea of a crash either (yet anyway).

so i'm thinking 2019 will probably be a pretty sideways (but volatile) year for both stocks and bitcoin.

It seems like now the bulls are sleeping for quite a long time, I predict he will wake up by the end of 2019 or early 2020. It is better now that we don't expect too much to see bulls, because he is still sleeping very soundly.

Bull market likely ain't happening anytime soon. I expect it to begin at some point in the second half of this year, and think the price is unlikely to hit 5 digits this year - though probably in early 2020.

Don't expect a bull market to happen anytime. Sure Bitcoin is bottoming out and has been the past two months (and well had been for two months prior to that before the BCH split and hash war played havoc with the whole crypto market).

Stock market going down may or may not affect crypto. I'm still unsure if it will have a negative, positive, or no strong effect. I could see it being either one. Honestly I kinda of think it won't have that strong of an effect on crypto because the people who are of the mindset where they know Bitcoin is a good investment are gonna have already bought at these low prices, there is no reason to hold on to teetering stocks when bitcoin is bottoming. The people who will sell later on in the stock bear market over the next year or two will probably just go into bonds or cash because if they weren't smart enough to get out of the stock market yet and into a bottomed out bitcoin they probably still won't be smart enough in the near future. Basically I think your average investor is still to skeptical of Bitcoin (or doesn't even know about it yet) to buy in on the current cycle. They won't buy in until Bitcoin is going crazy again in like two years shooting towards 6 digits.

BAKKT has been delayed due to still waiting on regulatory approval, ETF is unlikely to be approved in February. Wall St interest in Bitcoin is still pretty tepid I'd say, and will likely take many months to really build up into making a significant impact on the price, especially since they go through OTC markets anyways so supply in those will have to start getting thin from big buys before the OTC market has to start pulling from exchanges and thereby directly affecting the price.

Normal retail investors area clearly still unsure if the price will sink more or go up soon, and until a majority of sellers in the market think it is going to go up they are gonna keep selling in the 3000/4000 price range. There's plenty of volume and buying happening, but the seller market still thinks Bitcoin could go down so until they become convinced they can sell for much higher soon the bull market won't start. You see plenty of people saying Bitcoin will go down under 3000 or 2000, which tells you there are plenty of people happy to sell under 4000 or so and that will probably be the case for a while longer.

But thats great, cuz for those of you using this time to accumulate it means you likely have a bunch of months to buy super cheap <$4000 Bitcoin.

The stock market crash affected the cryptocurrencies market negatively but that is not the number one reason why cryptocurrencies market crash.  Many investors has to pull out their investments because of the way the market is been manipulated and scamming activities.  Icos scammers are the one that bring the cryptocurrencies market down and not the stock market.

Yeah, if you've been in this market for some time now, you'll know that a simple hike of a few hundred dollars isn't an indication of a bull run at all. Nope. A small price rise can have a corresponding correction that could drag the price lower.

What ever the reason of that the important with that is we need to push the market to start bull run. But how we can do that, if we buy more cryptocoins we can do that. But this year 2019 mostly the bull run starts because we can see more investing again and the price of the coins increasing slightly and if we work on that we can see the bull run start this month and only few months only the market fully recover and we can have more profit to get because we are united to wait and to invest again to cryptocurrency.

Right, the bulls is still nowhere to be found. Although we see some sign of the price spike in recent days, it's not enough to push it even further resulting into another dump in the last 24 hours.

So as much as we wanted to see the bulls forming around, it's not the case because the bears is too strong at this point and it seems that they're not exhausted, although they are weakening, we might see them pull one dramatic scenario wherein bitcoin will go down below $3K, before we can finally see the bulls wrestle the market from them.

There is still no sign for bullrun even there are already uptrends in the price of bitcoin and other cryptocurrencies. These uptrends are mostly on short term and is always followed by dump or decline so it means factors that will trigger a bullrun are still not there. I think the price of cryptocurrencies will go up or down whatever the situation in the stock market.

If you keep thinking the bull market will begin soon you will be disappointed, the bull market will take at least one more year to appear and if you keep exhausting yourself thinking it will appear soon you could sell your coins in desperation and that is something you do not want to do since the whales are manipulating the market to try to make all the weak hands to get out of the market.

Unless BTC shows any real signs of recovery instead of these small pumps and dumps for the investors to grow their BTC and fist side-by-side through Bitmex, I don't really see why BTC would get away over a new ATH.


You're going towards the wrong path, baby! BTC doesn't really need SEC, SEC needs BTC and it'll be proven once they start sending BTC to sky-high levels immediately after approval of the things will be in action. Bear market is what they created themselves, they created opportunities for themselves as well as their so-called institutional investors to be lucky enough to snatch away our BTC from us at dirt-cheap rates.


Let's really "hope" it happens and that, we achieve it the way you told us.

Long term could be not just economical but also life changing. Bitcoin is a thing that people have been using to pay for stuff as well, since the beginning. Way before people started to make billions or at least millions of dollars with it there was a 10.000 bitcoin pizza deal made right here on this forum. Hence, that is what we are headed right now as well.

Yes, I think long term the finance and price part of bitcoin will be a lot higher and would help a lot more people get out of poverty because of the global part of bitcoin there will be people all around the world making a first world income while living in third world countries (like me) but at the same time making bitcoin as a payment option will make it worth more than just money for all of us. Short term we have neither of those things, not adoption not price.

Price could go to 10 thousand dollars TODAY and still wouldn't make any poor person rich all of a sudden, it just triples your worth, as long as you do not have 200k that turns into 600k (which means you were still not poor) your 500 dollars or 1000 dollars won't turn into anything meaningful.

If you look at the short term we won't get much benefit from it, but people who hold the Bitcoin for the long term will always give us very good money in the long-term. In my country, i cannot able to use bitcoin in any stores, so it is better to hold them for the long term.

Long term investment is a good choice, I have a friend who has invested in 2010 and he chose long term investment to buy bitcoin with $200, now with $200 we can only buy 1 ETH but at that year he bought a lot of bitcoin. One can imagine the profit he will get, even though he did not sell bitcoin at ATH last year and sell it now he will still get profit. Indeed, it's a little difficult to convince someone to choose a long term investment, they only focus on instant investment.

they have a lot of money because they are smart, imagine that they take 1 billion dollars and invest now and hold for the next 3 years, they know that 1 billion dollars had become a lot of money in those 3 years. Who has a lot of money to invest has more advantages. A guy who buys $1000 in bitcoin and hold for 3 years to make $3000 profit, after going through the choke of price ups and downs, the guy at the end just has a small profit ( $3000 ) but these Rich guys can buy many bitcoin and hold for 3 years, they spend holidays in the Bahamas and after 3 years they look at their money in the wallet and they see big profit and they can afford to spend other holidays


 

better think of the second option

We can all analyse what we want, but in BTC its everybody thinks.....nobody knows
Maybe the reason why i like it so much

Just believe in longterm succes of it