Earlier today we reached marketcap levels matching that of the pre bull run in November 2017. This is both good news and bad news. Good news is we can all buy all those Crypto’s we felt we missed out on, but the bad news is it might be a while before they rise.
Why? Well there are plenty of bag holders from the last bull run that are itching to sell, and as soon as a palatable price emerges they will be dumping. So we will be in a perpetual state of dumping until the weak hands and uninformed clear out.
So in short we will have a lot harder time seeing massive Gains as there are plenty of people ready to suppress. If you are here for the long haul, prepare for a battle as it won’t be pretty rising back to the top.
Going to be a long road up no matter how you slice it. Hopefully we do ge thta major news that breaks us free.
well from the first bull run that saw bitcoin go up to 1k and then dump down to 100-200$ and this one there was what? 2-3 years? so they will be holding for a long time and only projects with a good backing and good developments will see a rise in price, for another general bull run, we will probably have to wait for market regulations so that big money can come in and maybe even the Bitcoin LN which is the big promise to encourage mass adoption of Bitcoin...
For Steem, i guess we would probably see a up in price for the HF20 and when SMTs release, assuming they don't release at the same time, otherwise, i guess we are back on the development limbo, which, don't get me wrong, its good.
It’s looking like HF20 and SMT will be very close in dates.
Also the next bull run could very well take 3-4 years you never know
Yeah i agree, it could take a while to get another bull run going, but a lot of people confuse not being in a bull run to lack of opportunity but right now is the best time to fill bags or work your ass off here in steem to get more stake.
The sooner you get in your mind that a bull run may not come for the next 2-4 years and accept it, the sooner you will be able to start working on harvesting the sweet opportunities that the current market has.
And since the crypto community now is 100x times bigger than what it was back in 2013, opportunities are in every corner, from posting here on Steem to going around picking up airdrops, investing in proven projects that will obviously rise up faster in the next bull run.
Very well said. It will for sure be a slow grind unless we achieve some major catalyst. Even with that, so many people were burned they may not return.
I learnt sbd is gonna be the new tether
Thank you for the article.
I do believe that when the institutional money comes in --whether it's this year or 5 years from now -- it will dwarf the money that's in crypto today and the market cap will rise by multiples.
Patience, my friends.
In Nov altcoins pumped a lot because the price of BTC was really high. And so people moved BTC to altcoins. That's not the same now. So altcoins will not have a run like back then.
Your balance is below $0.25. This is your first notification that your account is running low and should be replenished.
You are very correct and i love this post. For me it's going to take at least 2 years for another bull run to set a new all time high. I am a true hodler and ready to go for 6 years :)
Good luck my friend. May the odds be in your favor.
Thank you so much for the well wishes
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Cannot take 6years bro
I am not talking about the market, i am talking about myself. With the coin i am holding, i am ready to go for 6 years
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Anything that suits u
so now in this situation, holding can be beneficial or not?
Holding is beneficial, but try doing offline business along the process so you can successfully holdl
Bitcoin has had 5 drops in value of around 80%. People talk about the most recent bull run as if it was the only one. In fiat terms it was the largest by far but in percentage terms it was just one of many.
This is the nature of crypto, free markets and no regulation. There will continue to be large price swings, huge run ups and spectacular crashes until crypto is regulated into a state of obideince!
well the prices are mostly manipulated due to the introduction of bitcoin futures by cme group they have been manipulating it since then
@crypto2crypto i think market is correction mode and many country is regulation issue.after regulation market will booming.
Someone's impersonating you my friend. And running a scam in your name.
I don’t catch every comment sent to me please refrain from assuming I would conduct myself in such a manner.
As for the account, I am investigating now.
I'm so sorry @crypto2crypto. I'm just so distraught about it. Not for my sake...but for others who may be scammed and TRULY not be able to afford having their money taken. I would never give more then I could afford to lose. However, others may not be so smart...and may be hurt. I've been wanting to do a post about this, because after it happened to me, I found out others are doing it too. I want to warn people but also wanted your insight on how it could happen. Then after not hearing back I panicked. I TRULY KNOW you wouldn't act this way as I have only ever known you to help people, as I've stated so many times in my replies to you. I apologise again. I truly am sorry for my last comment. I have changed it so it doesn't mar your image or look as though I doubt you. Please accept my apologies.😔 Will you let me know what you find if you figure it out?
All good my friend. I’m still trying to figure out how steem chat works
Steemchiller comes through Gmail. Here is a picture of the initial chat request with "details" displayed. Also, when I clicked block this "crypto2crypto" it showed I blocked the "no reply@steem" sender. I hope it helps. I'm going to contact Gmail and see if they can help. I also asked @abusereports for help.
Why chose my account? And how did the squire my name?
I have no idea. I feel like they must have known I'd trust you. So I also feel like it's someone somewhat familiar with either mine or your account.
What do I need to do to get 6 100% upvotes from a paid bid bot?
I'll just take a breath and see a good buying opportunity :)
@crypto2crypto when bitcoin can take bull run?
i think it will start regaining from last quarter of this year.