Topic: The most likely scenario that needs to happen for BTC to have another bull run (Read 146 times)
March 28, 2018, 04:34:35 PM
Regulation long run will be a good thing and some definitive news about Tether, hopefully good news would make a big difference. If tether does blow up then the price is going to take a hefty dump and may go to a level that is unrecoverable, at least within the immediate future.
March 28, 2018, 03:11:52 PM
Basically, my thought is, what needs to happen is all the regulation fud needs to get settled, for better or worse. The new rules and whether or not ICOs and coins are securities, the Tether stuff, everything. All that needs to get settled. When it does, it will probably be bad news for the price of most coins, an even the health of exchanges. But after that, institutional investors can get in knowing there is some legitimacy now. And then they will start buying and driving the price back up. I think most of these institutional investors will be putting money into BTC, so that will rise first. Not sure if the current batch of alt coins will follow as many many will be deemed illegal in parts of the world because of how they raised money.
Anyway, that's my take. There is a full write up below with more detail if you want to read it. But I'm curious to hear what people think.
http://jamescrypto.com/looking-for-the-next-btc-bull-run-to-20k-this-is-the-most-likely-scenario/
An indispensable boost for a bull run of bitcoin prices is certainly increasing investor purchasing power in bitcoin, and increasing purchasing power is influenced by investor confidence in crypto (especially bitcoin). Lately, we always find negative news about crypto including the prohibition of crypto advertisement by various social media services like Google, Facebook, Twitter, and even Reddit. The ban makes investor confidence in crypto decline and its effect is market capitalization also declining as many cash out of their investments in crypto to keep losses due to negative news. However, the ban is only a temporary regulation set by social media services because there are so many scam and even deceptive ICOs. Anyway, that's my take. There is a full write up below with more detail if you want to read it. But I'm curious to hear what people think.
http://jamescrypto.com/looking-for-the-next-btc-bull-run-to-20k-this-is-the-most-likely-scenario/
March 28, 2018, 02:24:33 PM
Basically, my thought is, what needs to happen is all the regulation fud needs to get settled, for better or worse. The new rules and whether or not ICOs and coins are securities, the Tether stuff, everything. All that needs to get settled. When it does, it will probably be bad news for the price of most coins, an even the health of exchanges. But after that, institutional investors can get in knowing there is some legitimacy now. And then they will start buying and driving the price back up.
When all that would happen, the crypto world will become way healthier. But it's not a requirement for price go up.
Bitcoin is good without regulation too. Many alts are good without regulations too. And all did rise last year without this help so they can rise this year too.
A big part of these prices is speculation. And leaving ammo for another big fall whenever the prices get big enough again can be some pig players' strategy too.
So while it would be nice to see all the things you proposed, don't feel bad if they don't get implemented too fast..
March 28, 2018, 02:12:54 PM
Very good point. I'm sure lots of people are scared now with the crypto landscape being the way it is. ICOs that once were about to roll out their marketing plans for the presales and sales now have to be delayed because they have to get certified in order to pass for Google's AdSense program, as well as twitter.
March 26, 2018, 08:48:22 PM
Very good point. I'm sure lots of people are scared now with the crypto landscape being the way it is. ICOs that once were about to roll out their marketing plans for the presales and sales now have to be delayed because they have to get certified in order to pass for Google's AdSense program, as well as twitter.
It's just everything is going to get backed up, and when everything gets backed up, the money gets backed up too.
It's just everything is going to get backed up, and when everything gets backed up, the money gets backed up too.
March 26, 2018, 08:41:53 PM
Basically, my thought is, what needs to happen is all the regulation fud needs to get settled, for better or worse. The new rules and whether or not ICOs and coins are securities, the Tether stuff, everything. All that needs to get settled. When it does, it will probably be bad news for the price of most coins, an even the health of exchanges. But after that, institutional investors can get in knowing there is some legitimacy now. And then they will start buying and driving the price back up. I think most of these institutional investors will be putting money into BTC, so that will rise first. Not sure if the current batch of alt coins will follow as many many will be deemed illegal in parts of the world because of how they raised money.
Anyway, that's my take. There is a full write up below with more detail if you want to read it. But I'm curious to hear what people think.
http://jamescrypto.com/looking-for-the-next-btc-bull-run-to-20k-this-is-the-most-likely-scenario/
Anyway, that's my take. There is a full write up below with more detail if you want to read it. But I'm curious to hear what people think.
http://jamescrypto.com/looking-for-the-next-btc-bull-run-to-20k-this-is-the-most-likely-scenario/
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