Post
Topic
Board Speculation
Re: Regarding Bull runs and speculations
by
jseverson
on 30/10/2018, 05:34:03 UTC
Im curious as to why many people "hope" for a bull run? How is this bull run gunna happen if everyone is hoping for a bull run.

Money, perhaps? Everyone has been talking about Bitcoin going to the moon for as long as I can remember, so this isn't exactly unique to our current circumstance.

I essentially think the mega run was last year, why would any new money come into it after what happened last year? People saw the rise and the crazy fall and loss it does. No one is in it for technology its all about wanting to get rich. I don't see how people think a bull run is coming..

Care to help me understand how you think this?

Some people are in it for the technology, believe it or not. They're simply not as vocal as the price fanatics. I mean, there's very little to talk about otherwise, with few people actually being specialized enough to understand the technology side of things.

A drastic change could cause a bull run to happen. The mainstream knows about Bitcoin, but a vast majority of them has no interest in it. If they develop an interest one way or the other, then there's massive potential for growth.

All i see in crypto is PURE speculation and everyone will agree with ANYTHING that helps them secure there beliefs in there own investment.

That's not exactly a hot take with speculators making up majority of the market, but I like to think that most who are in this actually believe that Bitcoin will play a major role in society in the future. Everyone can count their money in the meantime.