Quote from: khiholangkang on June 11, 2024, 06:57:54 PM

Quote from: Marvell1 on June 10, 2024, 07:53:38 AM

Quote from: khiholangkang on June 09, 2024, 05:36:41 PM

Quote from: Marvell1 on June 09, 2024, 02:50:53 PM

That's still a question mark, and if what you say is true it means we won't see a bear market anymore, bitcoin won't drop 50%-70% like before and that means that we will no longer have bull season. I mean we won't have a bull run like everyone expecting, a market where bitcoin will increase 2x, 3x from current price, many altcoins will increase x5-x10? And the market gradually start moving like the stock market?

Bitcoin gradually becomes more stable and profits from bitcoin will gradually become smaller. I don't want this to happen and I believe many people don't want this to happen either.

I think the bull and bear markets still exist but the scale is smaller and does not have a significant decline like the previous year or cycle, because the competition for accumulation is getting bigger because of the ETF the bitcoin market can also be touched by more investors, so many assume that the decline in bitcoin will not be as deep as in previous cycles, most of which used to be retail investors but now institutions that have greater financial fundamentals are also competing, regarding the possible increase I think it is far more likely that today's prices are still relatively cheap than what should get the attention of many investors.

The biggest reason is that we are not competing with retailers anymore in accumulating bitcoin.

If volatility decreases it will also make the cryptocurrency market less attractive because most of us choose bitcoin and cryptocurrencies because of their high volatility, and think the stock market is boring.

Personally, I am thinking of a scenario where bitcoin will gradually stabilize and will be the game of Wall Street, but with the altcoin market nothing will change. I mean bitcoin will gradually become an asset with stable growth like gold and no longer be as volatile as before, but the alts market will still have pump and dump cycles because that is necessary if the market makers want to retain and attract players. The volatile nature is what makes cryptocurrencies different from other markets, if it disappears people will lose interest.

If you pay attention to the bitcoin rainbow chart, you must have seen that bitcoin fluctuations have indeed decreased, but if compared to S&P or the wall street game that you made, bitcoin will be an asset that has higher fluctuations among assets such as stocks and others.

If talking about stable gold I don't think so, it's too far away, because bitcoin is the riskiest asset compared to gold if seen from my perspective, bitcoin will have a Dump and Pump cycle too but relatively lower, unless retail bitcoin investors have very massive growth it might have a much bigger impact on its fluctuations, because retail must be easily consumed by fomo and also panic sell.

Talking about altcoins is definitely crazier especially on coins or tokens that don't have many fundamentals.

Currently, you're right because bitcoin is still a more volatile asset and still one that offers higher returns than the stock market. But over the next few years, there's no guarantee that bitcoin will continue to maintain its volatility or become as boring as the stock market. Like I said, I don't want that to happen either because once bitcoin's volatility decreases that means our profits will also decrease. But I don't rule it out, Wall Street can do whatever they want.
But if that happens, I think we still have the altcoin market, a risky and volatile market Grin

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