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InvisibleAsante
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How long do you think this cryptocurrency bull market will last?
    #27254168 - 03/15/21 03:28 PM (2 years, 10 months ago)

We all remember the fist real bull run, years back, that awesome yet-to-be surpassed spike in the graphs of most older coins.

It was shortlived, good and followed by a long period of MEH.

Now the horizon is coming up again.

Call it a bull market, call it a bubble..

How long do you think it will last this time?

Cause when it pops, you gotta pull out in time because everything will drop in freefall"

How long to you think we have to go till it plummets?


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Invisiblegeorge castanzaM
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Re: How long do you think this cryptocurrency bull market will last? [Re: Asante]
    #27254176 - 03/15/21 03:30 PM (2 years, 10 months ago)

Until people realize that it's a fiat currency that you can't even hold in your hand, until then, or until J.P. Morgan says so is my guess.


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Offlineqman
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Re: How long do you think this cryptocurrency bull market will last? [Re: george castanza]
    #27254801 - 03/15/21 09:39 PM (2 years, 10 months ago)

Quote:

george castanza said:
Until people realize that it's a fiat currency that you can't even hold in your hand, until then, or until J.P. Morgan says so is my guess.



So wrong on so many levels. Bitcoin is hard money and JPM  is nothing more than a minor participant and a spectator at this point.

Bitcoin has many more bull cycles and this current bull run most likely has 6-12 months left, but that won't be the end of Bitcoin at all. Crypto is changing the global financial system and will only continue to do so in the coming years. It's out with the old and in with the new. There's no point fighting it, Wall Street isn't fighting it, they're embracing it because they know it's inevitable.

I truly believe this current bull run is going to get into a massive bubble that will shock the whole financial system. We haven't seen anything yet, it's going to get super stupid before it calms down.


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Invisiblegeorge castanzaM
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Re: How long do you think this cryptocurrency bull market will last? [Re: qman]
    #27254832 - 03/15/21 10:03 PM (2 years, 10 months ago)

Quote:

qman said:
Quote:

george castanza said:
Until people realize that it's a fiat currency that you can't even hold in your hand, until then, or until J.P. Morgan says so is my guess.



So wrong on so many levels. Bitcoin is hard money and JPM  is nothing more than a minor participant and a spectator at this point.

Bitcoin has many more bull cycles and this current bull run most likely has 6-12 months left, but that won't be the end of Bitcoin at all. Crypto is changing the global financial system and will only continue to do so in the coming years. It's out with the old and in with the new. There's no point fighting it, Wall Street isn't fighting it, they're embracing it because they know it's inevitable.

I truly believe this current bull run is going to get into a massive bubble that will shock the whole financial system. We haven't seen anything yet, it's going to get super stupid before it calms down.





Agree in part and disagree in part.

One thing for sure, silver is really shining and you can hold it in your hand. However it plays out should prove interesting.

:robblerobble:


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InvisibleAsante
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Re: How long do you think this cryptocurrency bull market will last? [Re: qman]
    #27255083 - 03/16/21 03:27 AM (2 years, 10 months ago)

Quote:

qman said:
Bitcoin is hard money




qman, remember Gold?

Sure you do, what a ride THAT was huh? :awegold:

Please know; NO.

Bitcoin is NOT hard money.

Crypto is inbetween Fiat and Precious Metals.

There is ONE gold, and it is Element 79, that gets created if 2 neutron stars have sex.

You have to run a physical gold mine to get physical gold, whether your mine consists of maw, paw and lil johnny swirling mud through a pan in a creek, or the South Deep Gold Mine of witwatersrand, South Africa, where they drill so deep into earths crust they have to aircondition the tunnels to avoid the miners from frying in the heat.

That gets you the :gold: that you and I, and God with us, love so much.


You can say: 'Crypto is hard currency." but no!

There are a limited number of tokens, yes, but coins are forked into new coins all the time SO THAT MEANS NOTHING. You can't fork Gold into Gold 2.0 and you cant create G00ld, Goldie and Goldz along with it to compete with it. What you can do with gold is create derivatives, paper gold, but to anyone with half a brain paper gold isnt gold but in fact part of the problem -derivatives- that gold hedges against. With crypto, a derivative is as good as the original, and many crypto's now are 100% better than bitcoin.

There will come a time soon when Bitcoin no longer is the leading crypto, and very big money will be made by those who bought its successor on the cheap, early.

There will even come a time something much better than crypto will be invented and crypto will become as beside the point as bakelite grammophone records in the iTunes era.

There will NEVER come a time where Gold, Platinum, Palladium and Rhodium  will cease to be the Kings of Metal, unless civilisation will go extinct, Even then, they will remkain valuable as we snuff out of history, unlike bitcoin.

So remember that its GOLD BEFORE AND AFTER.

Don't lose sight of it :awegold:


.
Quote:

qman said:

Bitcoin has many more bull cycles




I think this will be especially true of CRYPTO more so than BTC so keep your eyes peeled for a successor emerging, that will be The Next Bitcoin, so buy it when its 5 cents a piece :smile:

Quote:

qman said:
this current bull run most likely has 6-12 months left




We would all jizz in our pants if it would. Lets hope it will still be up a month from now.

The DECEMBER PEAK of years back was the DECEMBER PEAK for a reason.

Bubbles go faster and faster till they pop.


Quote:

qman said:

I truly believe this current bull run is going to get into a massive bubble that will shock the whole financial system. We haven't seen anything yet, it's going to get super stupid before it calms down.




I think too, and again, for Crypto more so than for Btc alone.

Don't fetishize Bitcoin :cophappy: at the expense of perhaps more succesful coin.

if $HITC does a 50x, it pwns anything BTC can offer.


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OnlineIce9
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Re: How long do you think this cryptocurrency bull market will last? [Re: Asante]
    #27255475 - 03/16/21 10:44 AM (2 years, 10 months ago)

Till it starts getting regulated, right now even for what looks like a pure bull market, the volatility seems to indicate some big players are playing shenanigans.  It's just too easy to manipulate right now.  And the people that hurts is generally the retail investor.


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The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man. -- George Brenard Shaw


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Offlineqman
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Re: How long do you think this cryptocurrency bull market will last? [Re: Asante]
    #27255792 - 03/16/21 03:35 PM (2 years, 10 months ago)

Quote:

Asante said:
Quote:

qman said:
Bitcoin is hard money




qman, remember Gold?

Sure you do, what a ride THAT was huh? :awegold:

Please know; NO.

Bitcoin is NOT hard money.

Crypto is inbetween Fiat and Precious Metals.

There is ONE gold, and it is Element 79, that gets created if 2 neutron stars have sex.

You have to run a physical gold mine to get physical gold, whether your mine consists of maw, paw and lil johnny swirling mud through a pan in a creek, or the South Deep Gold Mine of witwatersrand, South Africa, where they drill so deep into earths crust they have to aircondition the tunnels to avoid the miners from frying in the heat.

That gets you the :gold: that you and I, and God with us, love so much.


You can say: 'Crypto is hard currency." but no!

There are a limited number of tokens, yes, but coins are forked into new coins all the time SO THAT MEANS NOTHING. You can't fork Gold into Gold 2.0 and you cant create G00ld, Goldie and Goldz along with it to compete with it. What you can do with gold is create derivatives, paper gold, but to anyone with half a brain paper gold isnt gold but in fact part of the problem -derivatives- that gold hedges against. With crypto, a derivative is as good as the original, and many crypto's now are 100% better than bitcoin.

There will come a time soon when Bitcoin no longer is the leading crypto, and very big money will be made by those who bought its successor on the cheap, early.

There will even come a time something much better than crypto will be invented and crypto will become as beside the point as bakelite grammophone records in the iTunes era.

There will NEVER come a time where Gold, Platinum, Palladium and Rhodium  will cease to be the Kings of Metal, unless civilisation will go extinct, Even then, they will remkain valuable as we snuff out of history, unlike bitcoin.

So remember that its GOLD BEFORE AND AFTER.

Don't lose sight of it :awegold:


.
Quote:

qman said:

Bitcoin has many more bull cycles




I think this will be especially true of CRYPTO more so than BTC so keep your eyes peeled for a successor emerging, that will be The Next Bitcoin, so buy it when its 5 cents a piece :smile:

Quote:

qman said:
this current bull run most likely has 6-12 months left




We would all jizz in our pants if it would. Lets hope it will still be up a month from now.

The DECEMBER PEAK of years back was the DECEMBER PEAK for a reason.

Bubbles go faster and faster till they pop.


Quote:

qman said:

I truly believe this current bull run is going to get into a massive bubble that will shock the whole financial system. We haven't seen anything yet, it's going to get super stupid before it calms down.




I think too, and again, for Crypto more so than for Btc alone.

Don't fetishize Bitcoin :cophappy: at the expense of perhaps more succesful coin.

if $HITC does a 50x, it pwns anything BTC can offer.




Yeah, I agree that other crypto projects will do much better than Bitcoin on a percentage basis, but for this current bull run the main theme is Bitcoin and its new place in the global financial system. I'm loaded up with the Bitcoin mining companies, which are a very leveraged play on the price of Bitcoin. There's very few that even trade publicly today. In my opinion, these companies will (and already have) provide the greatest overall returns, even better than most of the alt coins.

There's going to be a serious mania in Bitcoin and crypto this year, there are no current signs of anything resembling a bubble like environment. Hell, there's not even a Bitcoin ETF available for trading in the US yet, that's all coming in the weeks and months ahead. It's going to get stupid, this has been very tame at this point.


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InvisibleLeafRaker
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Re: How long do you think this cryptocurrency bull market will last? [Re: qman]
    #27259111 - 03/18/21 03:08 PM (2 years, 10 months ago)

I think you'll see a different view in a few months. The end of the pandemic and the shift in politics that the pandemic caused will change a lot of long-standing assumptions about major forces in our economic lives. I'd mostly expect that causes some serious questions about crypto, but I would not dare say I was sure.


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InvisibleAsante
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Re: How long do you think this cryptocurrency bull market will last? [Re: LeafRaker]
    #27259226 - 03/18/21 04:38 PM (2 years, 10 months ago)

I hope this Crypto bullmarket will outlive this here Year of the Ox we're in!




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Invisiblegeorge castanzaM
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Re: How long do you think this cryptocurrency bull market will last? [Re: Asante]
    #27259619 - 03/18/21 09:49 PM (2 years, 10 months ago)

Quote:

Asante said:
I hope this Crypto bullmarket will outlive this here Year of the Ox we're in!







I am taking this as a sign from God to buy DNT all year long. I already traded most of my other altcoins for DNT  @$.31 and had already bought a plenty @.29, let's go Year of the Ox!


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OfflineskOsH
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Re: How long do you think this cryptocurrency bull market will last? [Re: george castanza]
    #27262015 - 03/20/21 01:37 PM (2 years, 10 months ago)

I buy so little at a time that I don't let myself get affected negatively by it. I'm still going to only put money into bitcoin, but not that much, so if it crashes I won't feel bad and I'll just buy a lot more.

Seems like onions could provide some type of market for everything should amazon become too big. Everyone can become a vendor and sell whatever they can offer.


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Invisiblesh4d0ws
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Re: How long do you think this cryptocurrency bull market will last? [Re: skOsH]
    #27263200 - 03/21/21 12:25 PM (2 years, 10 months ago)

I think it's over by October. Possibly even in the summer, but leaning more towards October/November.


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InvisibleNimpo
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Re: How long do you think this cryptocurrency bull market will last? [Re: sh4d0ws]
    #27264394 - 03/22/21 11:21 AM (2 years, 10 months ago)

Probably end of this year, going into 2022. I think we will see a similar crash at the end of 2017 come end of this year.

Buy that fuckin dip when it does


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Offlineqman
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Re: How long do you think this cryptocurrency bull market will last? [Re: Nimpo]
    #27264584 - 03/22/21 01:39 PM (2 years, 10 months ago)

Quote:

Nimpo said:
Probably end of this year, going into 2022. I think we will see a similar crash at the end of 2017 come end of this year.

Buy that fuckin dip when it does




No, we're not going to see a -85% downturn for Bitcoin after the peak, that's not going to happen. This is an entirely different market with totally different investors. Bitcoin is now mainstream with the Big Banks and other financial institutions endorsing it. I could see a -60% to -65% decline, but not a total crash like the last cycle.


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Invisibletrees
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Re: How long do you think this cryptocurrency bull market will last? [Re: qman]
    #27264704 - 03/22/21 03:00 PM (2 years, 10 months ago)

I'm 50/50 on that. There were investors and institutions last time who all pulled out. A lot of rational minds are agreeing that investors and institutions will pull out of this one just as fast


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Offlineqman
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Re: How long do you think this cryptocurrency bull market will last? [Re: trees]
    #27264827 - 03/22/21 04:36 PM (2 years, 10 months ago)

Quote:

trees said:
I'm 50/50 on that. There were investors and institutions last time who all pulled out. A lot of rational minds are agreeing that investors and institutions will pull out of this one just as fast




The institutions were very small players before the last run up, it was mainly the original whales that sold into strength. Retail and institutions are almost 50/50 for the buying in the recent 6 months. I would assume institutional will overtake retail in the months ahead. Will some institutions sell into the peak?  Yes, but most are going to hold for longer term. The retail dumb money has yet to come into the market, that's going to fall into the Bitcoin ETF when it comes available. Hell, there's going to be ETF's for Ether and other coins before this party comes to an end. We still have a long way to go, it's still early innings.


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InvisibleNimpo
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Re: How long do you think this cryptocurrency bull market will last? [Re: qman]
    #27264831 - 03/22/21 04:38 PM (2 years, 10 months ago)

Quote:

qman said:
Quote:

Nimpo said:
Probably end of this year, going into 2022. I think we will see a similar crash at the end of 2017 come end of this year.

Buy that fuckin dip when it does




No, we're not going to see a -85% downturn for Bitcoin after the peak, that's not going to happen. This is an entirely different market with totally different investors. Bitcoin is now mainstream with the Big Banks and other financial institutions endorsing it. I could see a -60% to -65% decline, but not a total crash like the last cycle.




Thats exactly what people were saying in 2017. Nothing has changed. There were institutional investors in 2017 too. Bitcoin marketcap is sitting at 1 trillion+. Id be willing to bet my entire net worth that the total money these big companies/investors have invested in BTC is sitting under 70 billion. Less than 10% total market cap. This can literally go tits up at any moment.

I think we are two market cycles away from any sort of reduced volatility regarding price drops on market corrections/bear market shifts.


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Invisiblegeorge castanzaM
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Re: How long do you think this cryptocurrency bull market will last? [Re: Nimpo]
    #27265142 - 03/22/21 09:52 PM (2 years, 10 months ago)

When the bear market comes this time many altcoins are going to go up. This particular market has dynamics that are changing rapidly, the ease that you can now invest,  coinbase giving away good crypto for free, this thing is going to boom big and crash big, and then repeat. (Or at least I'm hoping)



:awebig:



Question for the smart guys, are there any apps that let you buy puts on cryptocoins?


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OfflinegeokillsA
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Re: How long do you think this cryptocurrency bull market will last? [Re: george castanza]
    #27265620 - 03/23/21 07:57 AM (2 years, 10 months ago)



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InvisibleLeafRaker
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Re: How long do you think this cryptocurrency bull market will last? [Re: geokills]
    #27266307 - 03/23/21 03:39 PM (2 years, 10 months ago)

Hmm, there wouldn't be much counterparty risk with a firm like that, would there???


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