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Author Topic: Unique bull run  (Read 3051 times)

Offline Quantum X

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Unique bull run
« on: January 26, 2021, 04:30:46 PM »
We know that bitcoin is the foundation of the success of digital money and it started 10 years ago by purchasing pizza for 10,000 btc. I'm sure that the friends of pizza seller mocked him by allowing the buyer to sold his pizza for unrecognized money.

But hey, it was the turning point of bitcoin, the story that would never be forgotten and everyone who hears it will desire to be that lucky pizza man. Now bitcoin is being valued by the retailers and institutions and also it is clear to all of us that altcoins were born following the footsteps of bitcoin. But of course majority of them didn't go well and had left terrible story to some 3 years ago.

In spite of the unlucky day leading every mind to see the high risk in cryptocurrencies the market didn't stop. Now as we observe something good is happening in the market which is majority in the crypto community believe that this is all because of the pandemic and I agree . It is pushing the world to understand what is beyond tradition— a place free from middleman, fast transaction while making money in an easiest way.

Because of this it made me think that the upcoming bull run is more better than the last 2017 bull run. Investors, traders, and whales now understood how digital assets filled the broken pipe to where their assets are flowing.

What do you think guys?

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Unique bull run
« on: January 26, 2021, 04:30:46 PM »

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Re: Unique bull run
« Reply #1 on: January 26, 2021, 04:59:09 PM »
The current bull run will be very different from 2017. Until 2017, a very strong PR campaign of cryptocurrency, especially Bitcoin, took place, and when the price began to rise, new investments began to pour into the cryptocurrency markets. And after reaching $ 20,000, investors took their profits. But after the fall, there was also a lack of confidence in cryptocurrencies. Today, there will be no such situation and everyone understands that corrections will occur, but there will be no global fall.

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Re: Unique bull run
« Reply #2 on: January 26, 2021, 09:11:10 PM »
Gentle men, I must remind you that the current bull run since late November 2020 to this year, 2021 has already made a different market conditions and can't be compared again with the bull run of 2017, it is now a records and again  waiting for more records. The records of crypto market of 2017 is completely overtaken by the current bull market that has been creating many new records even on this January 2021.
Honestly, the crypto market situation has drastically changed, the adoptions, awareness, institutions investment interest, and more has obviously increased. I think we may not experience a long deep, corrections or bear market this year. Let watch how 2021 goes.

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Offline Fivestar4everMVP

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Re: Unique bull run
« Reply #3 on: January 26, 2021, 09:55:35 PM »
You are definitely right, @op, but I will like to say something about the pizza guy you mentioned. You said everybody would want to be that lucky pizza guy, this made me think about something, like does anyone know what later happened to the 10,000 bitcoins the pizza man got from the pizza buyer??, cus people can only wish they were the pizza seller if the pizza seller really held his bitcoins and didn't dump them for peanuts at the very early stage, but if by chance, he sold them too early, then I don't see why people should envy or wish they were him.
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Re: Unique bull run
« Reply #4 on: January 27, 2021, 10:46:24 AM »
Today, there will be no such situation and everyone understands that corrections will occur, but there will be no global fall.
I think it is too early to think that there will be no more global fall in cryptocurrency space. Volatile will never left as it is part of crypto game and so as long as it is existing there is no way to think that the bearish market will be absence if that is what you mean.

Honestly, the crypto market situation has drastically changed, the adoptions, awareness, institutions investment interest, and more has obviously increased.
I agree which is the reason why some believe bitcoin will hit up to $100k and the bull run for altcoins.
 
Quote
I think we may not experience a long deep, corrections or bear market this year. Let watch how 2021 goes
I believe that the bull run has not yet come to its peak and when it does we can expect that the momentum will stop and the market will change direction again. We never know what kind of reason we can hear to pull down the market and see a long bearish market. So even it couldn't come this year still bearish is next in line to expect.

but if by chance, he sold them too early, then I don't see why people should envy or wish they were him.
"Pretty bad luck" it all I can say. ;)
« Last Edit: January 27, 2021, 11:00:21 AM by Quantum X »

Offline TomPluz

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Re: Unique bull run
« Reply #5 on: January 29, 2021, 07:54:43 AM »
Are we still expecting a coming bull run to happen, as if the current bull run is not the real one or just the beginning of a much larger one? With the way it is right now, I think it can take a lot of things to happen before there can be a larger bull run, though of course cryptocurrency is so hard to predict. Anyway, what is important is that we are still bullish as of now and winter (the bear) has not fully controlled the market, there can be some ups and downs in the prices but those can be considered as normal.

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Re: Unique bull run
« Reply #6 on: January 29, 2021, 11:08:27 AM »
I guess every bull run is different so that the crypto enthusiasts will not easily predict the next thing to happen. The pump now is not really like the past where that day there was a massive pump to the point of quick rich. Shitcoins before also pumped. I guess we are not yet in the center of bull run.

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Re: Unique bull run
« Reply #6 on: January 29, 2021, 11:08:27 AM »


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Re: Unique bull run
« Reply #7 on: January 29, 2021, 11:52:12 AM »
I Agree that today's Bullish Market trend is very unique and different from the 2017 Bullish trend and I believe that today's growth was purely organic and not artificially induce unlike in 2017 thats why only selected cryptocurrencies were gaining much price momentum and other cryptocurrencies remain's the same or have a little price gain compared to others.

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Re: Unique bull run
« Reply #8 on: January 30, 2021, 02:56:08 AM »
I think you are right in this opinion because according to traders, analysts, and big time retailers the 2017 bull run is not made through natural process and that is the very reason of its longest crashed.
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Re: Unique bull run
« Reply #9 on: January 30, 2021, 06:36:57 AM »
It looks like every year in cryptocurrency will be unique. It is developing rapidly and the coronavirus pandemic has only accelerated its development and public acceptance. While we are still at the beginning of this path and where we will come, we do not know yet .. The reaction of society to Elon Musk's tweet testifies to the fragility and great potential of cryptocurrency.

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Re: Unique bull run
« Reply #10 on: January 30, 2021, 06:48:42 AM »
I think the cryptocurrency showed us an excellent result this year and this is not the limit, since I believe that there will be a bull run this year and we will see cosmic prices in the market.
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Re: Unique bull run
« Reply #11 on: January 31, 2021, 04:11:56 PM »
It looks like every year in cryptocurrency will be unique. It is developing rapidly and the coronavirus pandemic has only accelerated its development and public acceptance. While we are still at the beginning of this path and where we will come, we do not know yet .. The reaction of society to Elon Musk's tweet testifies to the fragility and great potential of cryptocurrency.
I think the pandemic plus high valued investors like Elon Musk hives us a glimpse of how bright is the future of digital currency. In this case I can say that the information for what is coming is somehow predictable but only for the real projects.

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Re: Unique bull run
« Reply #12 on: January 31, 2021, 10:59:02 PM »
This is not unique, this is what we really need, the Bullrun
This is the time where everyone can enjoy profits so highly during Bullrun era, and maybe make some people lost their money because they may buy at high and the price is going down always.
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Offline ayatoslaw

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Re: Unique bull run
« Reply #13 on: February 01, 2021, 01:11:07 AM »
Because of this it made me think that the upcoming bull run is more better than the last 2017 bull run. Investors, traders, and whales now understood how digital assets filled the broken pipe to where their assets are flowing.
I think what you are saying makes sense, because indeed the development of cryptocurrency is very fast and attracts many people to come, even now many stock and forex players are interested in cryptocurrency,
That means, a lot of experienced people try to invest, and this will affect the direction the market moves, that's why I also agree that this time bullish will be different from 2017.

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Re: Unique bull run
« Reply #14 on: February 08, 2021, 11:28:27 AM »
Because of this it made me think that the upcoming bull run is more better than the last 2017 bull run. Investors, traders, and whales now understood how digital assets filled the broken pipe to where their assets are flowing.
I think what you are saying makes sense, because indeed the development of cryptocurrency is very fast and attracts many people to come, even now many stock and forex players are interested in cryptocurrency,
That means, a lot of experienced people try to invest, and this will affect the direction the market moves, that's why I also agree that this time bullish will be different from 2017.
If that is so then we can think the other chance that the price would not experience the hard bearish in this year and we can even more expect that this will cross until next year.
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