Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: MrSpasybo on December 03, 2020, 08:55:12 PM
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“2017 was all about hype and first-time users jumping in to try to catch BTC because of FOMO (Fear Of Missing Out),” Celsius CEO Alex Mashinsky told Cointelegraph. “This time, it is different,” he noted. “The fact almost no one is searching for BTC,” said Mashinsky, referencing data from Google Trends, “tells you everyone already knows what it is and where to buy it (cash app or Paypal).”
Article: This bull market is different because people already know about crypto, Celsius CEO says (https://cointelegraph.com/news/this-bull-market-is-different-because-people-already-know-about-crypto-celsius-ceo-says)
In your opinion, is the crypto market really matured and does this bullrun have any big difference compared to 2017? Stats like Google BTC searches are for reference only, and I think searches lower than 2017 are simply because everyone already knows the basics of blockchain & BTC.
Currently, the investor situation with FOMO is still going on. They were FOMO by liquid DeFi projects, they were FOMO because PayPal, Ebay, Visa information accepted the value of BTC, however I am not sure if this FOMO is reasonable or not. I really expect BTC to reach $20K soon, and $15K is the bottom of next small correction. The obsession of BTC's fall in 2018 continues to haunt me, which makes me not dare to put much faith in this bull-run.
And since 2017, I haven't bought any more satoshi.
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2020s crypto bull run is sure different from that of 2017, just as you (the op) have clearly said , 2017s crypto bull run was more of a FOMO thing , thats people getting to know about bitcoin for the first time and deciding to try it out , but here in 2020, bitcoin is already known by almost anyone and i did say that the bull run is more natural this time because the price is been driven up by real investors this time.
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FOMO is always there but as long as we know how to play with the FOMO, I think there is no problem. Many people follow the FOMO or the hype of Defi projects, in the fact they really can earn big profits from the projects. Yeah, it is no problem if we know it well. But if we don't, just forget it.
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I agree that the bull run in 2017 was due to curiosity about Bitcoin and the blockchain technology in it. As for this year, indirectly the pandemic has a role in the increase in crypto prices besides because there is positive news about paypal, I hope that next year, namely 2021 the price of Bitcoin can be above 20K.
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Bullrun 2020 and bullrun 2017 comparison, I support bullrun 2017 because those bullrun all cryptocurrencies market bullrun but in bullrun 2020 only some popular coins price pumped. Bitcoin, Ethereum, ripple, litecoin etc price more pumping but others cryptocurrencies market are in dull position.
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In my opinion, the bull run that occurred in 2020 and what happened in 2017 is much different. Because it can be seen that the current bull run is very smooth and calm. Many people are more knowledgeable and experienced in crypto so they can control their emotions well during a bull run.
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In 2017, the term FOMO came into its peak of popularity but come 2020 it is seldom in connection with the ongoing bull run. Maybe because the market has already matured and it is now institutions pushing the demand higher...and although this is good news the other side on this is that more and more powerful organizations are top gain more Bitcoin away from the normal people which should have the case. Anyway, it is really true the bull run today is more solid and clearer than in the past.
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The conditions for the bull run in 2017 are very different from that in 2020. Because in 2020, many investors in crypto are increasingly familiar with crypto. So they are calmer in facing the bull run. And they're in no rush to sell either.
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I think in the 2017 cryptocurrency bullrun seem to be more heavier than of 2020 although many things have changed in the cryptocurrency industry that make up 2020 crypto bullrun talking about Defi project that was not their in the year 2017 gives more convinction that crypto bullrun in 2020more edge and profits in crypto investment.
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I still not convinced what happened with the btc price surge was a bull run, although I don't have an explanation to it but am not convinced it was a bull run either, I mean that will be quick and short bull run for btc alone, like what one member said above I believe it was the fomo and the news about PayPal (institutional investors coming into crypto) well this are just my opinion,
A proper bull run will most certainly carry other alts along.
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I think the conditions are quite different. Where in 2020 there are many crypto communities whose knowledge is already good. It's different from last 2017. And emotions can also be more muted because of course there are many who learn from experience.
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I would also say in 2017 there was huge hype in the market but now I can say there is no hype and BTC is over 19000$. Now many countries recognize bitcoin. But we all are waiting for the altcoins bull movement as well. Most of the altcoins are still in the consolidated zone and ready to fly. I would consider a complete bull run only when altcoins will also rise.
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The price of Bitcoin is increasing because of FOMO, that's true, but at the same time, bitcoin has a blockchain and has an affordable price, so at the beginning of the Bitcoin transaction it was used to pay for pizza, nobody knew that bitcoin price would reach $ 20k in 2017.
But the price of Bitcoin is increasing due to the demand, using Bitcoin to pay for $ 100k worth of items only needs to have 5 BTC with easy transactions without transaction limits per day like banking.
Therefore, the bullrun in 2020 looks like it will reach a new ATH, everything will be seen when the number of requests from BTC this year.
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Well, of course, everything changes. It is natural.
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In 2017 there were many projects that made it possible to earn very decent money, literally from scratch and in 10 minutes of work, if we talk about bounties and airdrops, literally every 3rd project brought x5-x10 for investors. There was a hype and the crypt became very popular and profitable for leveling. Now we are witnessing a certain revival of the market, but there is no such thing as in 2017, unfortunately, since there are a lot of unscrupulous projects, and it is very difficult to find a real one that will not disappear when the funds are raised.
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I think cryptocurrencies are starting to improve. That means every cryptocurrency is moving in a digital ecosystem of improvement. So the market situation is much better. There will be more improvements in the days ahead from 2017 onwards.
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In 2017, if I am not mistaken, there was a very rapid growth of the entire cryptocurrency market, and in 2020 the growth of the cryptocurrency market began from the very beginning of the year and the cryptocurrency market is still growing, so of course I can immediately say that the growth of the cryptocurrency market in 2020 is very different from the growth of the cryptocurrency market in 2017.
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Without reading the article, here's what I think the difference is in 2017 and 2020/2021
2017 bullrun was backed by retail investors due the ICO hype and the news that Japan officially acknowledge BTC as a currency might have added more fuel to the fire.
2020 ongoing bullrun wasn't even about DeFi. AFAIK, there's only a few who got sucked into this and got rug pulled compared to the ICO days because early investors learned their lessons. If DeFis were launched in 2018/2019, I bet it wouldn't even pump ethereum or other coins with smart contracts. 2020 was all about the institutional investors and yes, the pandemic also made them realize that BTC is a good store of value.
In 2021, prepare for an even bigger push both from retail and institutional investors.
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Bullrun 2020 and bullrun 2017 comparison, I support bullrun 2017 because those bullrun all cryptocurrencies market bullrun but in bullrun 2020 only some popular coins price pumped. Bitcoin, Ethereum, ripple, litecoin etc price more pumping but others cryptocurrencies market are in dull position.
Crypto markets are very matured and investors have gathered experience form 2017 bull run. The recent bull run is behaving with very maturity but it is only for few coins like Bitcoin, Ripple, BNB, LTC and few top coins including Defi tokens. This trend is good as bull run for all coins at the same time will ultimately destroy the market after a few days when bear will lay down with fever and it's difficult then to pull him.
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Bullrun 2020 and bullrun 2017 comparison, I support bullrun 2017 because those bullrun all cryptocurrencies market bullrun but in bullrun 2020 only some popular coins price pumped. Bitcoin, Ethereum, ripple, litecoin etc price more pumping but others cryptocurrencies market are in dull position.
Crypto markets are very matured and investors have gathered experience form 2017 bull run. The recent bull run is behaving with very maturity but it is only for few coins like Bitcoin, Ripple, BNB, LTC and few top coins including Defi tokens. This trend is good as bull run for all coins at the same time will ultimately destroy the market after a few days when bear will lay down with fever and it's difficult then to pull him.
Today, the cryptocurrency market is more stable and investors are more thoughtful when making their decisions regarding a particular project. That is why we do not see such sharp jumps in the market rate. I believe that slowly but surely until the middle of next year, Bitcoin will reach a new all-time high.
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There seems to be particularly similarities in the bull run of 2017 and 2020 but the value of more altcoins has still dropped. I think it will improve in the coming times and people's trust in cryptocurrency will remain intact.
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Maybe bull run in 2017 is big as compared to bull run of 2020 . Bitcoin really pump from 5000$ to 20K USD . I think This is still perfect time to exchange Bitcoin or other currency into Usdt . Maybe their will be some dump after December of 2020 .
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What about now? Aside from bitcoin, do you really think this will not collapse?
Market happens in circle, we will soon experience another one and you should expect market decrease and altcoins will suffer the most. The ones that aren't fundamentally built will collapse.
If you are having profits, sell and buy back when it tanks as the market is still smiling on everyone.
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This bull market is really different from the one in 2017. Then there was hype, now there is almost no hype. Also, we climbed too quickly from the base, in a very short time. Moreover, there was no access to the exhibitor. This is strange. A correction would be very possible now.
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Yes, those two are very different. In 2017 there were mostly retail investors and that is why the market dump so easily. But this time we have big institutional investors and they are not dumb that they will dump the price after seeing a little bit of market manipulation. People are more matured now.
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Now there is a lot of news about Bitcoin in the news, but FOMO has not yet arrived, since people already saw the price of 20k in 2017. I think the hype will return to the markets when Bitcoin gains a foothold above 25-30k.
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The bull run of 2017 can't be compared to that of 2020. I strongly doubt that we will be seeing the sustained success of the cryptocurrency industry in terms uniform price appreciation like we saw back in 2017. There was literally money pumping into the industry and everything was bullish. However, in 2020, people have been cautious about investing into unknown projects and the bullish trend hasn't been uniform or affected most altcoins.
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The situation in 2020 is much better. But 2017 was the best time for cryptocurrency. I think the current situation is not the same as before in 2017. However, it has improved a bit. So I think it is important for a bull run to happen in the market.
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I found it different because every year is another year. All things are subject for change. The 2017 bullrun was for 2017. The 2020 massive bullrun (if there is) is for 2020.
I mean the movement to bull run on 2017 should not be the same pattern on this 2020 or 2021. Why? In order to confuse crypto enthusiasts. If the same pattern will be use, then no more excitement for the next wave.
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This time the bull run is much much bigger than the one of 2017. At 2017 when people were making money by trading many people started investing blindly this time most of the invetsors have vast knowledge of crypto. Big payment systems like PayPal and Visa started accepting crypto. Al of this having a great impact on the market. This time the bull run will be much bigger than the one of 2017
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I still believe that the main events will take place in the beginning of 2021. bitcoin has not yet shown everything it is capable of ... soon, very soon, we will see big movements.
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I do not think that what was in 2020 is Bullrun, only some altcoins and bitcoin are growing, I hope for the growth of cryptocurrencies in 2021. Therefore, I do not think it is correct to compare 2017 and 2020.
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Absolutely, 2020 bull run is a prefer bull market and it has so far performed better than the 2017. This year bull run has created it's own record that any one may look forward to experience once again, through it is still very active till this time (04/12/2020). The 2017 bull run was very quick and resulted to the biggest FOMO that eventually crashed at start of January, 2018. Obviously the 2020 bull run has a unique story to tell in some months to come, and I think that the bull market will continue until 2021.
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Yeah, it is likely different. In this tear, the term of increasing the price is is still really diffenet. At the previous one, it is soeasy for crytpo to make profits . The currenct bullrun is not like a bullrun bcause it still has significant bullrun after so others
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Conditions that are much different. Where the 2017 bull run was full of emotions so many people ended up missing the opportunity. Whereas now crypto players are much smarter and much more able to control their emotions in trading. So it looks more stable and safer.
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I still believe that the main events will take place in the beginning of 2021. bitcoin has not yet shown everything it is capable of ... soon, very soon, we will see big movements.
Nevertheless, we cannot guarantee that it will take place. What we have is just prediction and maybe base also on our analysis from the past scenarios. I'm also optimistic to see bull run at the end of this year until the first quarter of 2021.
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In my point of view I can't crypto community is already matured and thus the very different of today's bull run. Since whales can manipulate the market we can still consider them as the reason behind it while taking the opportunity of the adoption of some big online business such as PayPal.
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At present, the market situation has improved a lot. However, it was not like in 2017. After two long years of bad times since 2017, the current situation has improved a lot. So I think it's going to get better.
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I think the mass adoption of cryptocurrency has started in the public, and we as the crypto community should be proud of this, because our actions so far that have always supported crypto are starting to pay off.
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Let me compared their differences between the 2017 and 2020 bull run. In the 2017 bull run most of the altcoins that are on top in the market mostly spike their price value in the market while Bitcoin was also kicking its price as well. However, this 2020 bull run is not the same where most of the altcoins so far are not kicking their price value in the market, only their difference is for sure the price of Bitcoin will increase more than 20k$ almost before the end of this year.
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Bullarun 2020 vs bullerun 2017 There are many differences between them in 2017 the market was much higher later the market went down a lot but by the end of this year bulls are running in almost every currency. It won't take long for the fire to go to the previous place the market will rise further towards the beginning of the new year it may take a long time for the bull to finish.
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“2017 was all about hype and first-time users jumping in to try to catch BTC because of FOMO (Fear Of Missing Out),” Celsius CEO Alex Mashinsky told Cointelegraph. “This time, it is different,” he noted. “The fact almost no one is searching for BTC,” said Mashinsky, referencing data from Google Trends, “tells you everyone already knows what it is and where to buy it (cash app or Paypal).”
Article: This bull market is different because people already know about crypto, Celsius CEO says (https://cointelegraph.com/news/this-bull-market-is-different-because-people-already-know-about-crypto-celsius-ceo-says)
In your opinion, is the crypto market really matured and does this bullrun have any big difference compared to 2017? Stats like Google BTC searches are for reference only, and I think searches lower than 2017 are simply because everyone already knows the basics of blockchain & BTC.
Currently, the investor situation with FOMO is still going on. They were FOMO by liquid DeFi projects, they were FOMO because PayPal, Ebay, Visa information accepted the value of BTC, however I am not sure if this FOMO is reasonable or not. I really expect BTC to reach $20K soon, and $15K is the bottom of next small correction. The obsession of BTC's fall in 2018 continues to haunt me, which makes me not dare to put much faith in this bull-run.
And since 2017, I haven't bought any more satoshi.
IMHO, I think yes, the market is more mature and stable now compared to 2017-2018 respectively, which are mostly driven by hype and manipulation. But in 2020 the demand for Bitcoin and other cryptocurrencies is not due to hype or whatsoever, but I believe its an organic demand from the institutional players and investors thats why we see the price of Bitcoin now and other cryptocurrencies it was slowly rising and slowly dipping its very different from 2017-2018 thats why I believe Its because the Market is more stable now.
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2017 was the best time for cryptocurrency. In 2017, most bounty campaigns were successful. However, the current time is the new waz of 2017. However, much has improved. Currently the market situation is much better.
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The bull run for 2017 was on a different class compared to 2020. In 2017 just buy any token and the next day you have 50/100% but in 2020 it is selective. Some cryptocurrency gave not moved.
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I think it's a bit different from Bullrun in 2017, where 2017 was very fast to go up in price and then dumped quickly too.
I see BullRun in 2020 tends to be very slow but sure and various altcoins have decreased in price a little when compared to 2017. This is my opinion for this market at December 2020 .
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I can see that people are getting more and more interested in cryptocurrency. The public understands that it is very easy to earn income from here if you have some knowledge about cryptocurrency. As the days go by, the general public's interest in cryptocurrency is increasing.
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I didn't take participated in bullrun 2017 because I entered the cryptocurrencies market after bullrun. But I have full participated in bullrun 2020 . I think bullrun 2020 is more important and significant than bullrun 17. Because it happened after two big scams year 2018, 2019.
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2020, Bullrun is very protective. The market grew very fast in 2017. Without any support. But this time BTC has risen with a lot of support. This time, even after playing the dump, very little has come down. BTC has risen based on a lot of news. Hope Btc never come under 13-14 thousend.
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The conditions for the bull run in 2017 are very different from that in 2020. Because in 2020, many investors in crypto are increasingly familiar with crypto. So they are calmer in facing the bull run. And they're in no rush to sell either.
The bull run this 2020 is not so much aggressive like the bull run went back to 2017. Even this days there are a lot of us who waits further impressive bull run and we expect to see the price above $20K. Once the price of Bitcoin breaks the $20K barrier then that is official bull run.
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Right, it is risky to invest with this highest price right now and this bull run is different because it was not surge up fast unlike the year 2017 where all cryptos surging up so fast. If you pick bitcoin to invest then it is not the right time, but altcoin has a chance.
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2017, No other year. Cryptocurrency is performing much better in the current market. However, 2017 was a good time for all cryptocurrencies. I don't know if he will come back like that. However, the current year is much better.
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I still believe that the main events will take place in the beginning of 2021. bitcoin has not yet shown everything it is capable of ... soon, very soon, we will see big movements.
There are more possibilities to happen. Bitcoin is always capable to change the movement once the right time happens. Maybe the year 2021 is the most awaited year for all cryptonians.
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2020s crypto bull run is sure different from that of 2017, just as you (the op) have clearly said , 2017s crypto bull run was more of a FOMO thing , thats people getting to know about bitcoin for the first time and deciding to try it out , but here in 2020, bitcoin is already known by almost anyone and i did say that the bull run is more natural this time because the price is been driven up by real investors this time.
In each and every bounty whatever people join they got a sweetable profit. many people did not think that if they post on Facebook Twitter or Telegram and they got money . In that time some people who just join with curiosity then they get payment . That was the golden time of cryptocurrency .
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A bull run needs to take place in the market. We saw the highest amount of market value in 2017. But in 2018 we didn’t know much about the market. In 2020, the market situation is much better. The value of every coin in the market is improving. So I think there will be a big bull run.
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The post is the reality on ground . bitcoin and cryptocurrency has gained the attention it seeks for long time ago. i strongly believed that bitcoin has passed the stage of early adoption. it is global now and it is been recognised there the aspect FOMO is meant for newbies getting into the crypto sector and also people with little or no idea of crypto trading.
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The situation in 2017 was much better. But the current situation is improving, but not like in 2017. So I think this year is coming to an end, but there will definitely be a bull run next year. As a result, Bitcoin will improve a lot. We just have to be patient.
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I think Bullrun is not in 2020, but in 2021. And the next Bullrun will be bigger than the previous Bullrun happening in 2017. I am very optimistic that the upcoming Bullrun is in 2021, bro. Let's wait for some months again to see the maximum increase in crypto values for all tokens/coins.
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The conditions for the bull run in 2017 are very different from that in 2020. Because in 2020, many investors in crypto are increasingly familiar with crypto. So they are calmer in facing the bull run. And they're in no rush to sell either.
The bull run this 2020 is not so much aggressive like the bull run went back to 2017. Even this days there are a lot of us who waits further impressive bull run and we expect to see the price above $20K. Once the price of Bitcoin breaks the $20K barrier then that is official bull run.
Yes, prices for cryptocurrency in the second half of 2017 grew very quickly and partially with the well-coordinated manipulation of whales. Also, prices then began to fall quickly in early 2018. Now the situation is really different. Cryptocurrency participants have gained some experience, and there are many objective factors for the growth of the cryptocurrency market. Therefore, even the price correction took only a few days and was not deep.
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I was not into the crypto market when bull run 2017 took place, but I am quite impressed with the price chart of the top 10 coins on coinmarketcap. Their price crash in 2018 makes me feel insecure about the scenario of the crypto market in 2021. Expect the 2020 bull run to be stable, not just a financial bubble.
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I think Bullrun is not in 2020, but in 2021. And the next Bullrun will be bigger than the previous Bullrun happening in 2017. I am very optimistic that the upcoming Bullrun is in 2021, bro. Let's wait for some months again to see the maximum increase in crypto values for all tokens/coins.
The bull market has occurred in 2020 but only the beginning, while the peak will occur in 2021, so now is the right time to enter the market and invest and then hold on to 2021. Some months are too fast, at least wait up to a year, because every chart movement requires time to go up.
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Bitcoin has really significantly strengthened its position over the years and it began to be used more actively, including at the expense of wallets, etc. I think it will be only more interesting in the future...
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Every bitcoin investor right now is just smiling at the price of bitcoin as it held strong and indeed valuable enough to generating good ROI. More persons are gonna become millionaires and we have bitcoin thanks for that 2020 is better then 2017 for Bitcoin.
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Conditions were very, very different. Where in the 2020 bull run, many people understand and have more knowledge. So it runs more smoothly without a lot of sudden sales. They are much more patient because maybe they have learned a lot from the experience in 2017.
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Every bitcoin investor right now is just smiling at the price of bitcoin as it held strong and indeed valuable enough to generating good ROI. More persons are gonna become millionaires and we have bitcoin thanks for that 2020 is better then 2017 for Bitcoin.
He3 ... of course those who still hold bitcoin can smile and be happy that the things that are waiting for the end of the year to give extraordinary suprisse have been given by bitcoin.
but maybe many also cannot enjoy the sharp increase from bitcoin, like myself have to give up because of the need due to the prolonged pandemic so it must be a priority. started trying to collect altcoins to be able to at least be exchanged for bitcoin even though the value is small but hope there is a glimmer of hope with the increase.
I hope that this increase does not end here that next year bitcoin can create a renewable and more fantastic ATH.
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The 2020 bull run feels more interesting and amazing because the price of Bitcoin is also much higher than the 2017 bull run. And indeed there are so many surprises in 2020. Crypto players are also much smarter now, so not many people have lost.
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The bull run for 2017 was on a different class compared to 2020. In 2017 just buy any token and the next day you have 50/100% but in 2020 it is selective. Some cryptocurrency gave not moved.
I think only Bitcoin perform bull run and not the market or altcoins whom we expected to pump impressively. Bitcoin broke $20k and possible to hit $28k and stay stable before 2020 end. Bitcoin pump altcoins are still in dump. 2020 is very big difference from 2017 bull run. Today even the top altcoins decrease which supposedly in up trend position.
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An interesting comparison but I don't think it will be the same. In 2021, I don't think altcoins will experience bullish performance. I cannot create any comparisons. I'll try short selling instead. ???
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What I never thought was that 2020's Bullrun was not followed by Altcoins. Only Bitcoin has increased a lot, whereas I have held several Altcoins because I expected the Price to experience Bullrun like Bitcoin.
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One way or another, the movement will still be similar to a sinusoid. After all, there is no constant growth. Last time, everything was "on the surface" (in the sense that when altcoins began to grow rapidly in January 2018, it was necessary to jump off the train). How it will be this time is still unknown, but very interesting))
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What I never thought was that 2020's Bullrun was not followed by Altcoins. Only Bitcoin has increased a lot, whereas I have held several Altcoins because I expected the Price to experience Bullrun like Bitcoin.
Due to the large increase in the price of bitcoin or some other factors, some of our altcoins are also showing good growth now. However, I agree that in general, the price increase for altcoins compared to bitcoin, which has now reached $ 28,750, is not that high.
In 2017, following the growth of bitcoin, all altcoins also grew in price. This is how 2017 differs from 2020 in the cryptocurrency market. Next year should be special too.
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This time bull run is backed by billions in institutional money plus the pro crypto policies emerging in big countries so this time around the bulls will be bigger than ever as we can see signs of adoption as well.
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The difference is clear. 2017 was filled with influencers and whales trying to steal from young and new traders with little or no experince of how volatile the market was. the current bull is driven by institution and the public that believed in bitcoin. No one even whales can determine current market movement. no matter how much you have. over 500 hundered billion market cap.
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This time bull run is backed by billions in institutional money plus the pro crypto policies emerging in big countries so this time around the bulls will be bigger than ever as we can see signs of adoption as well.
yes, of course our hope is that what you say can be realized well because we know that during this pandemic period it will certainly be able to help many people and hopefully they will also share when they get it.
We really hope that it will be bigger than in 2017 because let everything be useful for many people and can help each other in this difficult time.
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I think there will be different times, prices, markets, capital and everything between 2017 and 2020.
In terms of the year it is different, 2017 was the last year and 2020 is the current year which allows the current year to be able to increase the price so fast.
I assume that 2020 and tomorrow 2021 will collect the cryptocurrency market so fast and full of Fiat entering the market.
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Bullrun 2020 is totally different from Bullrun 2017.In 2017 crypto was not so mature.very less people knew about it. Now almost every one knows about Bitcoin and crypto.More companies and Institutions are involving into crypto and one more thing this Bullrun still continue.
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Bullrun 2020 is totally different from Bullrun 2017.In 2017 crypto was not so mature.very less people knew about it. Now almost every one knows about Bitcoin and crypto.More companies and Institutions are involving into crypto and one more thing this Bullrun still continue.
I agree with you, at 2020 crypto currencies are more popular bad I see many people already invested and learn about crypto world. By seeing the popularity I think bullrun 2020 and the next 2021 will have super bullish, almost all crypto will pump. It will higher than 2017. Hopefully.
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Bullrun 2020 is totally different from Bullrun 2017.In 2017 crypto was not so mature.very less people knew about it. Now almost every one knows about Bitcoin and crypto.More companies and Institutions are involving into crypto and one more thing this Bullrun still continue.
I agree with you, at 2020 crypto currencies are more popular bad I see many people already invested and learn about crypto world. By seeing the popularity I think bullrun 2020 and the next 2021 will have super bullish, almost all crypto will pump. It will higher than 2017. Hopefully.
2021 will be bullish which the predictions of majorities crypto enthusiasts. Let us stay positive toward 2021. Today is the last day of 2020 later at midnight is 2021. Popularity of crypto is moving forward and I think it will never going backward.
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This bull run 2020 has already broken all previous records and bitcoin has gone up and is not going to stop. I am sure that everyone will see such growth in altcoins and bitcoin in particular, which we never dreamed of. Next year will be a year of growth and revival for sure.
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I see this situation is almost the same as in 2017, only the difference is in the date and time.
It looks like the whale group is doing the same thing to raise the Bitcoin price to over $ 25k, until now I still want to see if the altcoins will pump up and the price will hit the new ATH or not.
If altcoins are pumping up too, I think that this trend will occur until Q1 2021 So let's see if the price of an altcoin like ETH will reach its new ATH or not
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In 2020 we saw a reversal in Bitcoin, a good growth of 800-900% percent was shown, next year I plan to see a similar picture for altcoins
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Thats your opinion , to me i fear from altcoins more than bitcoin , because no matter what will happen bitcoin will remain with the same value and the importance for the big investors but not for altcoins , they are only dumping and im not sure if we gonna recover our loses from that dump ..
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The bull run of 2020 is different from 2017. In 2017 Bitcoin continued to grow. As a result, Alt coins increased without restraint. Suddenly Bitcoin is dumped and everything is dumped. However, the market is moving forward with very strong support in 2020. This time the market is very unlikely to collapse.
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The biggest difference (besides what people have learned) is that the 2017 Bitcoin capitalization was $320,575,829,568 and today is $ 220,000,000,000 more only for Bitcoin. That makes altcoins relegated to the background which i dont think will change anytime soon, people right now just want to see Bitcoin and sell their altcoins to buy more Bitcoin.
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Bitcoin is traded by various companies and organizations including PayPal. So Bitcoin broke the previous record and set a new record. The price of Bitcoin has increased much more in 2020 than in previous years. As 2020 draws to a close, in 2021 other currencies, including Bitcoin, will become even more popular around the world.
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The price of the Bitcoin currency rose the most in 2020, breaking the 2017 record. I think Bitcoin is more dignified than the 2017 bull run to the 2020 bull run. Because the value of bitcoin has increased to the maximum amount by 2020.
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The current year is better than 2017. 2020 was much better. 2021 is starting to get better again. The beginning of the year is very good for the cryptocurrency market. The cryptocurrency market will be even better throughout 2021.
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The 2017 bull run was not the highest bull run. The bull run that took place in 2020 is accompanied by extreme excitement in the market. Its impact will fall in 2021. In 2021 Bitcoin will set a new record. The price of Bitcoin will rise further.