I guess Bitfinex can't print so many tethers
Or can they? Well, it is not even certain if they will be able to print anything due to ongoing investigations into their shady practices of rigging the market. Now we will probably see real evidence emerge of what has been rumored for 3 years. Namely, that the ATH of 20k in 2017 was all fake and happened entirely thanks to crafty market manipulation carried out by a tightly-knit group of knowledgeable people (read, no more bull runs of the 2017 scale)
Or can they? Well, it is not even certain if they will be able to print anything due to ongoing investigations into their shady practices of rigging the market. Now we will probably see real evidence emerge of what has been rumored for 3 years. Namely, that the ATH of 20k in 2017 was all fake and happened entirely thanks to crafty market manipulation carried out by a tightly-knit group of knowledgeable people (read, no more bull runs of the 2017 scale)
People were saying the same thing in 2015 about the 2013 bull run. That it was all thanks to the bot Karpeles had set. That it was all fake and won't ever happen again, but it did. I hope the next bull run will be all natural instead of a speculative bubbles like 2013 and 2017, but I believe it will happen.
Any constant continue price change can be called bull run if there's no intervention and even if we will not reach the current ATH made by the past 2017 bull run still we are lucky if we bought bitcoins more cheaper since imagine the total percentage we possibly get if the upcoming halving will bring another historic greatness next year.
Does that mean a constant price change that we've witnessed in 2018 can also be called a bull run? For over a year we were going from 20k to 3k. It fits your definition.
