Topic: What were the final days like prior to the following bull run? (Read 170 times)
Nothing much, prior to the last days of year 2017 it was quite an amazing one from the market price which encourage most investors to trade their coins for Xmas and New year. Though what we all seeing right now might not be related to what happen last year, so waiting patiently for the bull run might not be realistic in year 2018.
November 12, 2018, 04:09:01 PM
Sentiment right now seems to be through the floor on various crypto subs and alts are crying day and night.
The year 2018 was not like last year, it's unbelievable the losses that many people are having, have altcoins that fell from $400 which was the price they had in January of this year to $30 which at the current price, imagine having a losses like that? anyone would be panic and afraid to go back to buy crypto
There hasn't been a substantial change in BTC lately and the volatility seems to have dropped significantly in Q4.
this was expected, we do not have good news that create a lot of demand and increase the price, we have had many bad news, so it was expected that the price would stagnate or drop
We are approaching the one year anniversary of the peak, so my question to those than held or spectated last time:
What was it like and how does this compare?
What was it like and how does this compare?
Last year was very good and this year was very bad
November 12, 2018, 02:30:16 PM
Sentiment right now seems to be through the floor on various crypto subs and alts are crying day and night. There hasn't been a substantial change in BTC lately and the volatility seems to have dropped significantly in Q4. We are approaching the one year anniversary of the peak, so my question to those than held or spectated last time:
What was it like and how does this compare?
Yes, we are almost 1 year since from the ATH and for those who bought on that peak price.Ive been wondering if they do able to hold up until to these days. No one can able to What was it like and how does this compare?
predict on when would be the next bull run.Lots of speculation flying around but there no precise or on spot that can able to say when. This might last up even on next
years, no one really knows.
November 12, 2018, 01:24:42 PM
The hype started when Bitcoin was reaching the 1.2k mark again, after that it ''slowly'' climbed up to 3-4k. The next wave happened because of the upcoming fork which absolutely pumped the price even further, it pumped so hard that even though the fork didn't even happen, the price was high enough for some insane FOMO from regular people which is what pushed the price even further to crazy levels.
We need normal investors and FOMO if we want to break the 20k mark.
We need normal investors and FOMO if we want to break the 20k mark.
November 12, 2018, 11:34:59 AM
Contrary to popular belief it didn't happen in one day.
During the spring and summer the price was around at 1000 dollar levels, even though the altcoin market collapsed like hell during the summer because of the bitcoin cash hype that was going on and people moving to bitcoin to collect their bitcoin cash, the price of bitcoin kept rising up, during the autumn it reached highs of 3 thousand dollars which was new for bitcoin at the time, than it went higher to 4-5 thousand levels and last year around this time it was around 6 thousand once again.
It means even though the price looked like it was going up really fast, it was actually quadrupled and even more in the past months before the skyrocket movement started. So the price didn't actually went up in a day, it went up for almost 4 months before it start to go higher quicker.
During the spring and summer the price was around at 1000 dollar levels, even though the altcoin market collapsed like hell during the summer because of the bitcoin cash hype that was going on and people moving to bitcoin to collect their bitcoin cash, the price of bitcoin kept rising up, during the autumn it reached highs of 3 thousand dollars which was new for bitcoin at the time, than it went higher to 4-5 thousand levels and last year around this time it was around 6 thousand once again.
It means even though the price looked like it was going up really fast, it was actually quadrupled and even more in the past months before the skyrocket movement started. So the price didn't actually went up in a day, it went up for almost 4 months before it start to go higher quicker.
November 12, 2018, 10:20:29 AM
It is as we're seeing now. The ATH is reached, the fever over heats, the crash starts, gradually we experience a huge percentage loss, wailing continue for days, things start to stabilize, people reorganize themselves during stability, another upsurge begins slowly, ATH is broken, a massive run follows and the cycle continues.
You're absolutely right! This is exactly how it happened. I remember I had just come into the crypto space not long before the bull run and it played out just like this. The upsurge began slowly and became sustained for days and then there was wildfire, people putting almost their all in Bitcoin thinking the upsurge will continue. Speculators didn't help matters either, fake predictions of BTC hitting $100k fueled a lot of FOMO.
November 12, 2018, 10:10:23 AM
It is as we're seeing now. The ATH is reached, the fever over heats, the crash starts, gradually we experience a huge percentage loss, wailing continue for days, things start to stabilize, people reorganize themselves during stability, another upsurge begins slowly, ATH is broken, a massive run follows and the cycle continues.
November 12, 2018, 09:47:16 AM
I really don't know about the opinions of others, but in my opinion and if my memory serves me right, the markets were quiet as hell. I don't remember people being bullish here on bitcointalk, on Reddit, and on social media in general. As always, there's of course a few people who just screams "moon" and "lambo", but still. People are much confident right now about bitcoin I think, which worries me a bit as it might be a sign that we haven't really reached the bottom yet.
November 12, 2018, 09:42:48 AM
Sentiment right now seems to be through the floor on various crypto subs and alts are crying day and night. There hasn't been a substantial change in BTC lately and the volatility seems to have dropped significantly in Q4. We are approaching the one year anniversary of the peak, so my question to those than held or spectated last time:
What was it like and how does this compare?
What was it like and how does this compare?
If you can really see the price of Bitcoin right now, it hasn't gone down from $6k levels and that for sure would be the bottom of this dip and anytime soon bull run may come.
November 12, 2018, 09:33:55 AM
Sentiment right now seems to be through the floor on various crypto subs and alts are crying day and night. There hasn't been a substantial change in BTC lately and the volatility seems to have dropped significantly in Q4. We are approaching the one year anniversary of the peak, so my question to those than held or spectated last time:
What was it like and how does this compare?
What was it like and how does this compare?
Not sure any one will remember for a certainty what the final days were like or what the build up to the bull run was like, but all I know is that the market was fluid and there was new money flowing into the space. ICO's were doing well and as such there was a lot of new entrants into the crypto space.
November 12, 2018, 08:45:38 AM
Sentiment right now seems to be through the floor on various crypto subs and alts are crying day and night. There hasn't been a substantial change in BTC lately and the volatility seems to have dropped significantly in Q4. We are approaching the one year anniversary of the peak, so my question to those than held or spectated last time:
What was it like and how does this compare?
The last days will not be different from these days. It will only stabilize and grow very slowly. I think the market has really changed and we are investing in a solid value. We will not worry about the market being manipulated anymore. What was it like and how does this compare?
November 11, 2018, 11:15:35 PM
Sentiment right now seems to be through the floor on various crypto subs and alts are crying day and night. There hasn't been a substantial change in BTC lately and the volatility seems to have dropped significantly in Q4. We are approaching the one year anniversary of the peak, so my question to those than held or spectated last time:
What was it like and how does this compare?
What was it like and how does this compare?
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