What if there is no crypto bull run for next 10 years ? - page 6.

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Quote from: gunhell16 on September 03, 2023, 11:42:42 PM

Quote from: sheenshane on September 03, 2023, 06:30:52 PM

The sad thing is our interpretation of Bitcoin adoption is to make a profit which is not the creator's purpose of creating Bitcoin.
It's a tool to alternate cash and the purpose of no one controls it even the government, but here we are holding it for storing value.

Others interpretation is that it depends on whether an individual in the crypto space believes that. The fact is that most communities have believed in the positives seen in Bitcoin, and that includes me. As far as I can see, there is nothing wrong with it. Now, whatever Satoshi Nakamoto's reason for creating Bitcoin was, it was certainly not the only reason why he designed it.

Just try to imagine that more than a decade ago, Satoshi saw that Bitcoin would help in the future, and something is happening now that really helps. So the fact that we make a profit through Bitcoin is one of the reasons why Nakamoto created it. This may not be the main reason, but profit cannot be excluded. For me, the main reason why Bitcoin was created is because of blockchain technology, usage, and decentralization.

Why was Bitcoin created?

It is true that bitcoin is becoming an asset and not a currency as Satoshi intended. But I also don't see anything wrong with people considering it an investment or store of value. If it becomes a currency but does not bring too many benefits or has many users, what does it mean to be a currency? What we should care more about is the use cases, the benefits that bitcoin is bringing us. Do not worry too much when it is not used for the purpose for which it was created. Furthermore, although it is considered an asset, anyone can use bitcoin as a currency if they want. Bitcoin is the best multi-tool we have.

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I have made up my mind from the beginning of this year that I will not sell my Bitcoin until the price reach $100,000, which I believe before the next ten years the price will increase above that price for many investors to sell. There are two things that will definitely happen in crypto market, which are bullish and bearish, because whenever you are holding your crypto in the bearish season, know that bullish season will soon occur that will make you to release your crypto for profits making. I think, there will be crypto bullish before the end of this year 2023, but it will not be massive like 2021 that made many investors to experience huge amount of profits from their investment.

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Quote from: sheenshane on September 03, 2023, 06:30:52 PM

The sad thing is our interpretation of Bitcoin adoption is to make a profit which is not the creator's purpose of creating Bitcoin.
It's a tool to alternate cash and the purpose of no one controls it even the government, but here we are holding it for storing value.

Others interpretation is that it depends on whether an individual in the crypto space believes that. The fact is that most communities have believed in the positives seen in Bitcoin, and that includes me. As far as I can see, there is nothing wrong with it. Now, whatever Satoshi Nakamoto's reason for creating Bitcoin was, it was certainly not the only reason why he designed it.

Just try to imagine that more than a decade ago, Satoshi saw that Bitcoin would help in the future, and something is happening now that really helps. So the fact that we make a profit through Bitcoin is one of the reasons why Nakamoto created it. This may not be the main reason, but profit cannot be excluded. For me, the main reason why Bitcoin was created is because of blockchain technology, usage, and decentralization.

Why was Bitcoin created?

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Quote from: _BlackStar on August 31, 2023, 04:50:11 PM

Quote from: sheenshane on August 29, 2023, 06:54:39 PM

Quote from: krishnaverma on August 27, 2023, 10:21:53 PM

-snip-

>...<.

There will be a lot of things happening in 10 years - of course it's still hard to predict, but I agree with some of your assumptions. Uncertainty in value, regulations and laws as well as several other things will affect price volatility in the long term. However, we can learn and believe in one thing, namely; Bitcoin is an asset that is in high demand among modern society because its use cases as currency, investment assets and will have wide adoption cases as time goes on. This can guarantee a better future so the price can be expected to be higher over time.

That's indeed what I meant.
The shifts in demand influenced the price volatility of Bitcoin and it's true that Bitcoin has demonstrated its value as a versatile asset with use cases ranging from a digital currency to an investment vehicle, and it continues to gain adoption which I believe IMO will continue gaining adoption that result of continue hiking the price.

The sad thing is our interpretation of Bitcoin adoption is to make a profit which is not the creator's purpose of creating Bitcoin.
It's a tool to alternate cash and the purpose of no one controls it even the government, but here we are holding it for storing value.

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Quote from: krishnaverma on August 27, 2023, 10:21:53 PM

What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?

I'll keep it there and will do some other things that might be more productive than waiting for the bull run. Bitcoin's growth was rapid and was one of the best so if it becomes laggard then that's not a problem because no matter how slow it is, the opposite of it will come for its growth.

Quote from: krishnaverma on August 27, 2023, 10:21:53 PM

Personally, I am very much positive with bitcoin future but we should also be prepared for all situations. Nothing can be guarantee in present times and we must also be prepared for worst situations.

I am prepared for all the situations that can come. The experiences and roller coaster rides that we've been with through it have taught a lot of things in life for me. It had increased my patience and that's why if nothing happens for a decade, I probably might be doing something else but my holdings is there and remains.

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Quote from: Don Pedro Dinero on August 27, 2023, 10:45:40 PM

Apart from what Solosanz has said, I would add that I do not make plans based on extremely improbable situations. The situation you describe is so improbable that it is not worth worrying about. In the unlikely event of that happening, we would see what to do, making decisions on the fly, but I prefer to plan for the price to continue to grow in future cycles, albeit less than it has done in the past ones.

This is true, because making plans inline of probability of a situation can be a bit frustrating if and when such predictions/speculations never come to reality and that is why, it is most important not focus on any short term or long term predictions and never to base your investment decisions on such speculation, 10 years is such a long time and for that ,a lot of occurrences will still occur before that time.

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Quote from: Unbunplease on September 02, 2023, 04:11:48 PM

It is during the bull run that the manipulator makes his main money. Therefore, it just doesn't make sense for him to cancel the alt season. At the moment bitcoin is the main means of attracting attention to cryptocurrencies, but if people don't see big "X's", the interest will fade quickly. Right now, making 2-3x on bitcoin is good, but it's not enough.

Market manipulators can make money in multiple different scenarios, whenever they can predict the price action, thay can capitalise on that, whether price goes up or down. They don't need bull run to earn great profits. They can do the same with smaller movements in either direction.
Retail investors aiming only for > x100 opportunities haven't been relevant for a good while now. By definition, they don't operate with big funds, as no one would be betting any serious money on a very risky assets (only such can offer yields of that level).

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It is during the bull run that the manipulator makes his main money. Therefore, it just doesn't make sense for him to cancel the alt season. At the moment bitcoin is the main means of attracting attention to cryptocurrencies, but if people don't see big "X's", the interest will fade quickly. Right now, making 2-3x on bitcoin is good, but it's not enough.

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Quote from: krishnaverma on August 27, 2023, 10:21:53 PM

What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?

Personally, I am very much positive with bitcoin future but we should also be prepared for all situations. Nothing can be guarantee in present times and we must also be prepared for worst situations.

Will such a thing be important to me? Yes, but that is not really the only reason I use bitcoin, if the value of my bitcoin holdings goes up then without a doubt I will be happy about it, however I really do not think the fiat system can remain as strong as it was a long time ago, and if I am correct then the next decades are going to be very difficult for everyone in general due to the system becoming more unstable, and as such it makes sense to keep holding your bitcoin even under a scenario in which it does not experiment bull runs anymore.

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Quote from: boltz on September 01, 2023, 05:45:43 AM

I don't think something like this can happen and more likely we are about to enter a new bull run in 2024 towards 2025. I say this because 2023 didn't bring anything great into crypto space and price so far doesn't look like he wants to go up or down and most likely it will settle around this 25k$ area for a couple of months.

But , if there will be no crypto bull run in the next 10 years that should also be fine as long as there is no crypto crash for the next 10 years as well as that would mean only stability and nothing more and I'm sure a lot of crypto users will be pleased with this.

Price volatility is the most basic thing in trading crypto assets – including bitcoin. But maybe we can't expect volatility when demand and supply are always changing, after all bitcoin is not a stablecoin whose value tends to be stable compared to other assets.

I can always say that the price of bitcoin will always fluctuate both down and up. In fact, we will face two decisive cycles in the next 10 years - I mean halving. Imagine if the halving didn't make bitcoin more expensive - where would minners go?

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Quote from: Razmirraz on September 01, 2023, 03:42:30 AM

It is very unlikely that this scenario will occur, Crypto asset prices cannot be controlled by any party. the price, which is very dependent on supply and demand, always makes crypto assets move in both directions, if they don't go up, the price will go down. Crypto asset prices never stay still for long without movement, it is very difficult to guess the price because it always changes by the minute, hour and day.

Price changes that continue to occur in crypto assets from minutes, hours and days are also based on changes from market visitors such as traders and buyers to own long-term investment assets which are also always different in minutes, hours and days. So the possibility for two-way movement will always exist in the market, especially in crypto assets which are already very popular and which are very much in demand by everyone.

Quote

I believe crypto assets especially Bitcoin will continue to increase in the future. In accordance with the initial concept when investing, buy at a low price, sell when the price is high, there is no reason for me to sell assets before my investment goals are achieved.

Everyone has an end goal, especially those whose profession is investors who specifically place money in Bitcoin. They will definitely use a method like that when the goal of their investment has been achieved because it is about profits that really have to be done with certain techniques in order to be profitable in the future.

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I don't think something like this can happen and more likely we are about to enter a new bull run in 2024 towards 2025. I say this because 2023 didn't bring anything great into crypto space and price so far doesn't look like he wants to go up or down and most likely it will settle around this 25k$ area for a couple of months.

But , if there will be no crypto bull run in the next 10 years that should also be fine as long as there is no crypto crash for the next 10 years as well as that would mean only stability and nothing more and I'm sure a lot of crypto users will be pleased with this.

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Quote from: krishnaverma on August 27, 2023, 10:21:53 PM

What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?

This is a financial market, a speculative market and to be able to maintain participants as well as attract newbies. Market makers are always looking for new games after each cycle, just like we had ICO, IEO, P2E... it can be seen that they are always trying to find new games to maintain the market. so your hypothesis, I think it will never happen. if this were a pure growth industry it might happen but cryptocurrency is being seen as just a money game so there will always be something new to attract players. You don't need to worry too much about that, because market makers never want this market to disappear.

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Quote from: krishnaverma on August 27, 2023, 10:21:53 PM

What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?

It is very unlikely that this scenario will occur, Crypto asset prices cannot be controlled by any party. the price, which is very dependent on supply and demand, always makes crypto assets move in both directions, if they don't go up, the price will go down. Crypto asset prices never stay still for long without movement, it is very difficult to guess the price because it always changes by the minute, hour and day.
I believe crypto assets especially Bitcoin will continue to increase in the future. In accordance with the initial concept when investing, buy at a low price, sell when the price is high, there is no reason for me to sell assets before my investment goals are achieved.

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Of course, there is no guarantee that such a thing will happen. We make plans based on the cycles experienced in the past and the thought that we will experience the bear-bull cycle is because the past cycles have happened. Having halvings means a bull run. There are so many companies, communities, and individuals investing in the crypto markets, and i don't think they care about Bitcoin's peer-to-peer payment feature and the Bitcoin ecosystem. Their main purpose is to make a profit.

I'm sorry but one of the most important reasons for the growth of the crypto markets is the dream of making easy money. One of the reasons for the size of the crypto markets is the dream of making easy money. For big players to make money, the market must be active. As a result of the oath to be taken, the big players will get richer and we need a bull run to take this oath. There will always be a bull run because the rich can smell money.

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Quote from: sheenshane on August 29, 2023, 06:54:39 PM

Quote from: krishnaverma on August 27, 2023, 10:21:53 PM

-snip-

10 years? That's impossible.
Try to look at the market history, there is usually a bull run right after Bitcoin halving, it could be in the next year when halving occurs.
It's proven by the market history and I believe that the price of Bitcoin will repeat itself.

However, IMO having a broader perspective and a long-term horizon can be beneficial and some investors believe in the fundamental value of cryptocurrencies like Bitcoin, which extends beyond short-term market fluctuations.

It has been mentioned many times that investing in bitcoin has risks. Only those who understand and are able to control risk are really encouraged to invest - otherwise they may need to follow the lead of old investors who have always believed in banks or other immovable assets.

There will be a lot of things happening in 10 years - of course it's still hard to predict, but I agree with some of your assumptions. Uncertainty in value, regulations and laws as well as several other things will affect price volatility in the long term. However, we can learn and believe in one thing, namely; Bitcoin is an asset that is in high demand among modern society because its use cases as currency, investment assets and will have wide adoption cases as time goes on. This can guarantee a better future so the price can be expected to be higher over time.

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Quote from: krishnaverma on August 27, 2023, 10:21:53 PM

What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?

Personally, I am very much positive with bitcoin future but we should also be prepared for all situations. Nothing can be guarantee in present times and we must also be prepared for worst situations.

I believe on the cycle of the market and having no bull run in the next 10 years will be worst because that means there is no progress and that is not just about the cryptomarket I'm sure it will also affect the other market. Let's be more optimistic here and have a good reason to wait for the next bull run, again invest what you can afford to lose so you won't need to worry about how long will be the next bull run, just be more patient and for sure it will be worth it with Bitcoin.

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Even if there is no bull run in the ten years to come, bitcoin is not stable or stagnant in one place, it is volatile and fluctuating and with that nature of bitcoin you buy it when it is lower and also sell a bit of it when it is a bit higher and with that you wouldn't feet the full hit of the bear market and just like that you will keep going gradually to the real bull market in the future time to come. As an investor , you have to know that it is not all time you have a juicy season.

Anyone that has no faith in the bitcoin market can not involved himself and invest in it. You have faith in bitcoin and have predetermination to invest in bitcoin so that in case anything happens along the line, you will be gallant to face the music. But understand the investment before you start the journey.

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Quote from: wxa7115 on August 29, 2023, 11:19:38 PM

Quote from: krishnaverma on August 27, 2023, 10:21:53 PM

What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?

Personally, I am very much positive with bitcoin future but we should also be prepared for all situations. Nothing can be guarantee in present times and we must also be prepared for worst situations.

No bull run does not mean there is not going to be any growth, since an average growth of 10% every year will be enough to offset inflation, and taking into account the rest of the advantages bitcoin offers that would be enough to keep me invested in it.

However this does not seem as a scenario that could actually happen, as even if bull runs will get milder from now own, they will still appear and bring great benefits to all of those willing to wait for them to take place.

And if there's no growth then for sure people would flock away and would be finding some place for them to deal with on which it is really that much worth than on a market which doesnt really have that kind of moment
for a decade.It would really be that a common approach that you would really be needing to find some place on which you could really be able to benefit with because if not then you would really be stuck on a market
which it doesnt really give out any changes but for a market something volatile as this then it would really be finding hard to believe that there would be no bull runs on a decade time. People or investors do easily get bored and on the time that they arent seeing any movement then it would really be a normal approach that they would really be that finding for something else on which they could really be able to benefit for long term.
This isnt something that you could really be able to stop for investors on doing that specially if doubts and lost of trust is already happening then it would really be that common that they would be finding another place
on which they could make money. They cant really stay on a place on which it doesnt really give out any benefits or whatever it would be.

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Crypto is full of volatility and price fluctuations keep happening every second, it is impossible if there is no price increase or movement for the next 10 years.
If there is absolutely no movement or it always drops to ZERO, then the entire cryptocurrency ecosystem will die and there will be no more crypto. But looking at the real thing that's not going to happen. Crypto is a technology that is prepared for the future and will not be eroded by any era or regulations, will continue to develop with new innovations.

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