The Bitcoin bull run started exactly year ago on Bitcoin sadly we are
As you can see on start of 2017 price was just 1000 USD. ETH during bull run got to that price at some point ;)
And where are we year later?
Pretty much in the red zone. WIll next bull run start soon ?
Discuss in comments ;)
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When whales start their bid bots,it could go much bigger.When real people come and start buying?i don't think that's going to happen soon.Anyway,it can go to 100K,in a few moments,if btc whales decide to do so.
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75% down side. Exorbitant upside.
Insiders could pump but their is no retail buy. Institutions should put pressure on the downside to increase positions in good projects while squeezing the shitcoins. When regulation comes they can then pump and shill to their clients. Good luck out there.😁
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Shit so so Sorrrh!
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thats rite the bull run was started
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I do have to agree with you @kingscrown. The market was booming last year around this time, but now the market is still bearish. We might or might have not seen the bottom yet, but the sideways movement is a great opportunity to accumulate more BTC (most importantly) and other altcoins, such as STEEM POWER, for the compounding effect.
That's why I actually started this blog, to share from my experience and also to educate people about free ways to accumulate Bitcoin, and to grow their holding slowly but surely during this bear market. Also a great time to dollar cost average :) I'm sure it will pay out in a years time...
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The next bull run will happen when bitcoin goes back to 4k lol
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I could definitely see that happening @stackin, although it is hard to reach that point due to the mining costs and the huge farms and investments that are made into the Bitcoin network by the giants like Bitmain, or even banking institutions, governments, and who knows who else...
As Mike Maloney would say, on the oposite side of every crisis, there is an opportunity...
Link to video here: Money vs Currency - Hidden Secrets Of Money Episode 1 - Mike Maloney
Link to one of my posts: SATOSHI FACTORY - Brief History of BITCOIN
It might be selfish of me to say this however, but I wouldn't mind dollar cost averaging a $4K BTC during all of next year :)
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The next Bull Run is when everybody will be gored in the ass by the bull.
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History rhymes... I say we rally to $7,500 in Dec, fall back, rally to 10k in Jan, and then finally break out between Mar-May. And BTC breaks 20k in 2019.
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When BTC goes down to 4k, maybe even 3k the reverse will start, before that we won't go higher, and we were going down but the damn tether fud made the price boom and it delayed us for almost 1 month, but I think in the next few days, max 3 weeks, we will see a drop... I can't see this going past early december... And it's almost been 1 year since the last bull run... that psychological 1 year mark is very important, many people will lose hope... but let's wait and see...
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Stability is necessary, too, for Bitcoin to remain as a healthy store value financial instrument.
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We may still lose half. Nothing compared to its upside potential :)
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major plot twist. market drop 10% at the same time.
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lets see might be the next run is delayed until next year. still too much trust in fiat big money already in. central banks raising rates again.
but transactionswise bitcoin is going up again. lets see if traffic stops at the last peaks morethan 400k now we slowy heading towards this area again
AND we see massive adaption.
Lets see how crypto performes in inflationary countries (venezuela, zimbabwe etc).
NOT forget: Bitcoin pushes the old financial sectors to innovate, so we cryptopeople actually improve live of fiat users (sending money via sms an seveal, better online performance, better apps etc)
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4 altcoins to hodl until 2020. have you checked this one? any opinion from crypto experts?
http://www.hodlerxl.com/sophiatx/sophiatx-the-blockchain-for-business/
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When the bull run was started?
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