Quote from: BitHodler on July 12, 2018, 03:02:14 AM

Quote from: Febo on July 12, 2018, 12:02:39 AM

The Bitcoin cycles. Reaching ATH and then Bottom and again ATH and bottom. Is quite simple, those were 2 cycles. I would get to bored now to go search for dates of this cycles. But there were 4. Or even more if you count the ones before 2011. Now we are in 5th....

It will be interesting to see what the next bull run will look like, especially because of how likely it is that institutional investors will be fomo'ing with the retail market. It could turn out to be the biggest bull run we have ever seen.

We could potentially see another bull run this year with an ETF approval, and somehow I'm sure that it's not a matter of will an ETF ever get approved, but a matter of will it happen this or next year.

And that's just the first ETF. Eventually there is room for dozens of them, all competing with each other for volume. Bitcoin's spot market will become less relevant just like how that is with gold and other assets.

BitMEX for example already accounts for like 25-50% of Bitcoin's trading volume.

I believe the strength of bull market is influenced of how long cycle of recovery were. So if we will have 40% faster cycle then next bull market will not be as strong as 2017 bull market was that was quite strong since price exceed previous ATH for more then 16 times. But yes, this is not only factor. But i still believe that x16 over past ATH price increase will not happen.

Quote from: sindikat on July 12, 2018, 01:42:21 PM

It is incorrect to compare 2014 and 2018. Now the market is a completely different situation. In 2014, bitcoin was not in the hands of large capital. The big money was just coming in in bitcoin. There was no total control over the use of cryptocurrencies. Many people believed that bitcoin can become an Autonomous currency. But now these moods are fading and the capital is leaving bitcoin.

Yes the price now is $5000 and back then was $500. That is huge difference. But that dont change that Bitcoin moves in cycles as it already did 5 times.