People will remember the last crypto boom and crash. It's in living memory of way, way more people than the Mt.gox shit, which only affected early adopter nerds.
So, when the bull run starts, everyone is going to think: 1. "wow, Bitcoin bounced back from that huge crash." 2. "wow, the naysayers were wrong" and the kicker: 3. "I'm not missing out this time, because even if it crashes, i'll hang on and it'll recover."
Like, what the fuck could stop the next bull once it really gets going? EVERYONE will still remember the last crash, and how we bounced back. So they'll be way more inclined to want to get in, because the >muh bubble fud will bounce right off them.
Am I making any sense? I feel like my little pea brain has grasped a big idea but I can't communicate it. The very fact that we had a recent bull/bear cycle like this means that when the next bull starts, people will be desensitized to fud.
Oh, and the fiat onramps will be way more advanced than in the last bullrun. People will be buying shitcoins on their phones, not fucking around trying to get verified on coinbase..
What stops the next bull run is all of the large players accumulating in this price range, and then being willing to dump for 2-3x gains. It's partially the reason you see 40-60% retraces back to ATH before crashing again. BTC will probably try to push back up to 10k, and then falter when everyone realizes their gains.
Parker James
This. Buy LINK, we don't need a bull market.
Caleb Powell
Nigger the top wallets have only been accumulating or hodling. Some institutions already own 1% of the supply. In a year we are going from 1800 BTC mined a day to 900. Its been 10 years and Satoshi has never moved his coins. More and more people are going to want an on-ramp to Psychedelics in the coming decade.
Brody Harris
I heard about btc in 2009 and laughed at it Later I read in the news that it is only used by drug dealers on the internet Then I before Mt. Gox I wanted to mine some but everybody kept saying it is not profitable anymore Then it flash crashed and I thought it would be over In 2017 the fomo got me. It took me a few months to grasp the whole thing but then it clicked in my brain. It is now 2019 btc is 10 years old and still around. At this point it just doesn't make any sense for the crypto space to go to 0.
Thomas Rodriguez
It looks like you spent a lot of time thinking about this yet everything you wrote is shit.
Jayden Bennett
People were taking profits the whole last bull run too, though?
Aiden Thomas
It happened december 2016 too. Price dropped from $1200 to $800. You know what happened a year later tho right ?
Elijah Perry
Ever wonder why the stock market crash is correlating with a huge dip in crypto? Crypto and stocks are opposites. Invest in crypto.
Vibe is releasing a FPS game on Jan 12th. It looks amazing. Not many people know about it yet. Binance & Vibe marketing campaign will start early Jan. Vibe is down 96% from ATH. Koreans are aggressively accumulating. Get in quick
eyeballs. For the time being, ETH and BTC are the only coins that matter. They will suck up more sat value from other coins as they gain value in the next year, and then alts will explode.
Jackson Bailey
except its never going to moon again. if you didnt make it in 2016/2017 you'll never make it with crypto. cope
Aaron Martinez
This time everyone will try to time the top, so it won't pump as high or for as long.
Bentley Ward
BTC is not private or fungible
What use does a large corporate entity or institution have with a coin that can be analysed through chain analysis so that their competitors, foreign governments, or other bad actors can analyse all of their transactions data?
Information leaked includes relationships, supply chains, profit and loss information, accumulated wealth, and more.
For people serious about Business Monero is the answer. Data mining will be a serious issue for commercial deployments.
ICOs and altcoins are done with no adoption or use case are done. You will make 4% a year on average with BTC because (((they))) won't let it perform better than Stock in the future.
I had the same thought OP a while ago. I always remember this meme with satoshi riding a rocket to the moon titled "you've been missing out on sweet gains since 2009" with all the cycles shown on a chart etc, this gets posted every bullrun and I agree, if/when btc recovers all the stupid normies will feel that it's safe to buy above 20k because "bitcoin really ALWAYS comes back"
antifragile so to speak
Zachary Perez
There are too many stories like this. If it took so long for us to come around, imagine how long itll take others.
