#crypto

IS IT GOOD TIME FOR ANOTHER CRYPTO BULL RUN ? Do we really need it now?

Recently I've realized that more and more people are expressing their hopes to see another bull run in the crypto space.

Dreams of bitcoin reaching 40-50k usd within the next 2 years seem to be back.

Which isn't that surprissing considering the fact that BTC has been valued at around 3k usd for quite some time now and lately it trippled.

This movement surely brought a new wave of interest and hopes.

INTRODUCTION

Personally, I'm not sure if another bull run is what we really need at this current stage and I would like to share my own view and compare it to the opinion of others. Of course this will be in the form of friendly discussions coupled with an open mind.

ARE WE REALLY READY?

This is first question we shall ask ourselfs. Is this market ready for another bull run and consequences that will follow?

Many of us surely remember back in 2017, just two years ago when we've experienced a mass interest towards blockchain technology and cryptocurrencies. This interest was coming from pretty much every direction. Pretty much everyone was talking about those topics, and not to mention that a huge amount of money entered the market.

New ICOs have been created and launched one after the other, youtubers were promoting their channels with giveways. We were all flooded by streams of incoming visions of being wealthy and soon joining the club were those who bought themselves a "lambo" with the money earned by investing in crypto.

During those months, our entire focus was on one particular aspect: investing. Hardly anyone cared about the development of technology behind it all. Noone cared about the very necessary regulations that should have been in place. What we experienced seem to me like a "gold rush". Blinding everyone around and attracting "bad actors" in massive numbers.

YEAR 2018 and 2019

For many of us, 2018 was difficult. Some have lost their funds and trust towards this technology. Recent ICOs were shutting down one after another, turning this market into a graveyard.

At the same time some of the focus moved back into things that really matter: building infrastructure and development of this industry. The market become healthier, politicians and regulators didn't feel that much pressure and things slowed down a lot. Generally, the entire enviromnemt around crypto seemed to change for better.

SO LET'S GO BACK TO THE MAIN QUESTION

By now most of you, dear readers, would already know what my opinion is as I strongly believe that another bull run is not what we need now. If mass media would pick up on this topic now then we would surely experience new flow of interest, coming from speculative investors. That would take away the current focus on expanding infrastructure and mass adoption would also become less important.

But am I right? Or perhaps I'm all wrong and just perhaps this industry is already matured enough to experience another wave of interest coming from investors?

I would absolutely love to know your opinion, my dear readers, on that particular topic. I read, upvote and reply to all comments.

Yours, Piotr

Comments · 89

@oppongk(69)· 2611d
Thank you @crypto.piotr, if most hate sending Memo to them, I think it is neither here nor there, I mean we have so many ways of killing a cat, and then if it not dubious means of getting rich but just a mere engagement to get people to follow you, then why should people oppose this style? If not an envy, then what else? To me I prefer receiving your Memo, and please do always send me..... You can let us chat more on discord. Thank you for immense contribution, but I think the bottom line is if we do not experience the bull run, we will by all means get a different ways of having our STEEM increase in price for relieve!
@edmundocentenor(67)· 2625d
Hi https://steemit.com/photography/@edmundocentenor/bellas-flores-de-mi-jardn-beautiful-flowers-in-my-garden-qzkjwgh5
@ikkelins(1)· 2625d
This bull run has really taken me by surprise bro, i thought and per all the readins i have been doing i predicted next year. Sold all my btc with the hope of buying some later and right now it seems we have taken off already.

Hey, when you have time please send me a message here on telegram okay. user id @hexaney

Your friend, Kelvin.
@drakernoise(63)· 2627d
Hi Piotr, First off all, sorry for my late answer 😅 Nice subject this one. It’s quite clear your position too. I’m mostly with you to be honest. I saw as many of us how that “gold fever” spread over the world and how many innocents were scammed or cheated. People do tend very easily to follow such sirens songs, Bitcoin wasn’t to be an exception. The promise of a fast gain or becoming rich in a rush sounds quite attractive. But doesn’t it ever happens on our real lives?. Who doesn’t know any other that got stuck on a “sure” business with a succulent earnings reward?. Call it building bubble, stocks that were sure to hipe and many other assets that promised a big success. My experience in this life which is not short (maybe too short compared to others though) taught me that no easy money or benefit is real, I mean not in a normal environment. You need to be in a group of “big whales” or have a rich friend; you need to take shortcuts very frequently not so legals to achieve such gains and they normally have a great price physically or spiritually. Most frequently over the wealth of others. The normal way is not a fast one although it’s oftenly sold as fast. It requires effort, hard work, persistence, some suffering and why not a dose of good luck. I would love to become rich fast, why I wouldn’t? but I’m quite aware of what I’ve stated before so I try not to get caught on sirens songs and similars that would sell my soul and very likely loose my few resources and what is most valuable for me, my time. That’s one of the reasons why I love Steemit. It’s on hard times, on “bear” times when you can see more clearly who is who and what really makes you happy. Money is a volatile asset and we will leave it all here when we’ll have to go to the next step of our existence. What really matters is all the love you can spread with money to those who don’t have enough to even take a piece of bread. That love, that energy we generated when we take care of others and that generated on the happy momments we lived with those we love and others totally unknown, that energy, such spirit will ever remain. Maybe I’ve written too much, hope it was nice to read though. You have to sorry me but I’m more worried about the human aspect of the economy than in the economy itself, no matter if it’s real or virtual. My best wishes for all, take care, Hugs
@adimantong(62)· 2629d
Thank for sharing imformation mr.@crypto.piotr Success for you
@alexs1320(72)· 2630d
Thanks for the tip.

From my perspective, based on sci. publications, users = value Users sqare, log, users log(users)...

Are there more crypto users - yes

What sort of growth we can expect? Well, from 10 to 100x

BTC is present on keyboards, credit cards, there will be new users

Also, how valuable is Microsoft, Apple... Well, about 5 times more than BTC. Can BTC be as valuable as those - I guess that it can be

So my realistic price is in 50-100k range And utopian price is 500k At 500k, I'm selling EVERYTHING :D
@swayzilla(57)· 2631d
Thanks for the blockchain articles you sent me!! I appreciate it!

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@bleujay(74)· 2631d
Greetings @crypto.piotr,

To answer your memo query.....

No.

I am not in favour of the 50/50 split of post's reward.

All the best.

Cheers!
@tanbay(72)· 2632d
Dear Piotr, thank you for sending a note to my wallet informing me about your post. I'm surprised you don't mention Facebook and the upcoming 'cryptocurrency' they are about to release. I'm a little anxious what that will do to the entire market, including crypto...

Anyway I'm currently on the hunt for affiliates for a crypto wallet that pays interest and would be happy about your feedback and participation: https://steemit.com/dtube/@tanbay/g6b7zfvw
@joetunex(77)· 2632d
Hi @crypto.piotr from my point of view I will say let the development keep coming, it strengthen the crypto world and for our own benefit we are early adopters but need to accumulate more tokens before mainstream arrives.

I'm not in a rush, give it 3-5years from now and we will be in great position to welcome mainstream adoption.

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@usdmarketing(7)· 2632d
Online Earnings https://smartincomeguru.blogspot.com/

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@digicus(59)· 2632d
in my opinion there are advantages and disadvantages in dividing at 50/50, if one is an author it is not convenient, vice versa yes, as far as I'm concerned 75/25 is right, it seems correct to give a higher percentage to the author of the post

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@stever82(74)· 2632d
Man you get some hate for sending messages sorry I don’t always see them. They don’t bother me. I think that a bitcoin rally is coming and it will be hard to stop. More big money is getting into the game. It will drive up a the price a lot. The problem I see is that it is possible that this will hurt the alt markets and drive some projects to die. I hope they are hedging with some btc reserves. So many good ideas due becoming a product it happens all the time. Steem has a chance to make it.

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@mehazcehd(25)· 2632d
Bullrun good for all investors but it's not happening very often.Market better than a few months ago.Bought , some altcoins like ltc,enerji,veil when price low & now prices at least doubled,for some even more (ltc 6x).Even bullrun not happening soon it was very good months for me.
@supremacy126(38)· 2633d
Yes bull run brings money, I made bulk of USD in the last bull run, filled my bag with btc and some good altcoin like ltc, bnb and veil privacy coin waiting for another bull run
@cloudblade(65)· 2633d
BTC will halve the bonus of miners next year, so it may break through 20,000 again next year, and up to 50,000 after 6 years, so I agree with your guess...
@hobo.media(64)· 2634d
It seems to me that we're moving into a bull market and it is a good thing. If the bear market went on too much longer it could have actually been the death of Steem and many other projects. Steem needs to get back to $1 at least, quickly.

Ethereum is another blockchain that needs the bull market. All these projects benefited from development during 2018, but no blockchain has really reached a level that guarantees its place in the future, not even the King yet.

I subscribe to the thought that we're going to have two more bull markets before mass adoption is officially here. The next bull market, this one, is going to be the one where all the institutions FOMO in and legal matters get hammered out and things will go back to bearish trends. After that, the institutions will build hype to get the global retail market to buy at inflated prices, then we'll run into another bear market with most of the buyers feeling ripped. Finally, stability, unless the US dollar hyperinflates, then we'd have a third bull market and stabilization after a depression.

That's what I think on that...
@intellihandling(64)· 2635d
Dear Piotr, of course anther bull run will consequentely make an insane market, because people want to get profit in less time. In the other hand the bear market we got last year it will be not suistainable again, because value of coins is very low and weak, so let say if market will rise as it is doing right now it will be perfect, because BTC in the last 6 months double its value, but not in few days...
@gcalex(52)· 2635d
A bull run would be in the best interest of investors, not steem. Say hypothetically, steem goes viral tomorrow, would we be able to support a major influx of new users? And if we are able to support them, how many of them will stay for the long run? I think after a couple weeks or months most people would be disatisfied with the platform, sell their stake, and leave just like they did when steem crashed from it's all time highs. We should focus on interface and ease of access for the new investors to come. They shouldn't arrive to steemit.com and see an interface that looks like it's been around since 2010.. There's just so much we need to work on before the next bull run.

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@alokkumar121(82)· 2636d
Hi @crypto.piotr

Currently cryptocurrency market seem to be in good mood and I see many people excited for the bullrun.. I am not sure whether bull run is about to come or not but I have seen good growth within a month time.

As you talked about our readiness for bullrun i think this time we are well prepared than before. i remember last time during bulls all the Exchanges were busy in creating account and were taking few days to activate. Even few had stopped new account creation. There were so many ICO announced and most of them are vanished now.

Since last one was totally unexpected and technologically we were not ready but i think this time we can handle it better than before.

Nice topic brother.. have a great day.

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@machnbirdsparo(66)· 2636d
For one reason alone, a bull run is in the cards.
* IBM's World Wire (not to be confused with my MachWire) and Facebook's Global Coin
I dare you to argue this, cause if you do, then you're in our eagle club. Don't feel bad glimpsing a dash through mountainscapes, just know, you can. You can race falling leaves amidst the land of the Ice and Snow.
_{image from

Here are the points you would need to argue:

People will follow each other off a cliff.
for fear of being socially outcast

Influence from IBM, and now Facebook, set styles and trends.
(i.e. if Mark started wearing a suit, so too will you- or at least a surprising # of your buddies [btw I like suits in a number of circumstances, but I know there is more to life.])

IBM/FB's influence is of fear, not love, and less and less of respect.
Given that, and given the wonderful effort by the crypto world to establish an image, IBM and FB look as out of place in crypto as the USA playing soccer. We will play, and even win, but to lose because of boredom is no place to invest your money.

``All that said, merely because IBM and FB are investing in their own crypto (World Wire and Global Coin) that will drive the price of Bitcoin until at least the original blockchain is proven utterly inept. ``
These three points are as solid as having the best military in the world. Go ahead, I dare you to argue against IBM's remaining power and struggle to keep new powerhouses like Google, FB, and Amazon in check. All the while those, who attempt to solve what neither could, now struggle to survive, not looking to grab a few extra bucks.
After all, IBM invented the quantum computer, not Apple.

Never meant to say ideas, hope and promise would drive Bitcoin (especially after the bust in Jan 2018). The inspiration of mountain treks was for the foolhardy who make it through knowing the path of the blind.

Of course this will be in the form of friendly discussions coupled with an open mind.

Gotta allot for this constraint. No wonder why.

At the same time some of the focus moved back into things that really matter: building infrastructure and development of this industry. The market become healthier, politicians and regulators didn't feel that much pressure and things slowed down a lot.

Yes. Crucial. For the discussion of a bull, the fact that coins are beginning to distance themselves more and more from Bitcoin will give a foothold to the crypto markets. We know Ethereum can stand on its own. We even know Litecoin can operate as better mechanism than banks and PayPal (for global transactions). Saying crypto is an industry is like saying that US Dollar and Chinese Yuan are.

I leave you with this:

yep. this low quality was the numero uno on Google search return.. never was any tingBTW. I am turning this into a post and crediting you with the inspiration.
https://steemit.com/machwire/@machnbirdsparo/inspired-post-via-a-bitcoin-bull-run}
@culgin(72)· 2636d
Hi @crypto.piotr,

I guess after over a year of crypto bear market, many people are yearning for a bull run. From what I see, the bull run has already started and it is at its formative phase. Like all bull markets, the run won't be smooth and will have its ups and downs. So hang on tight :)

Market moves in cycles, so regardless we are ready or not, the market will inevitably move. I guess in life the best opportunities usually goes to those who are ready. Thanks!

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@hendersonp(72)· 2637d
hello how are you @crypto.piotr , I think the token should rise in price, perhaps not to its historical maximums but if a better price is needed for the projects to continue counting, just steemit.inc step by reduction of person by the low value of steem and I'm sure many projects have gone through the same thing. regards
@nuancedthought(42)· 2637d
Meh not really. Rather have consistent stable growth that forces people to find real methods to earn and makes businesses dependent on real strategies.
@jiujitsu(63)· 2637d
Bull runs are going to happen every 4 years based on the bitcoin halving.

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@fucho80(69)· 2637d
Friend @crypto.piotr thank you for this very well done analysis.

By now most of you, dear readers, would already know what my opinion is as I strongly believe that another bull run is not what we need now. If mass media would pick up on this topic now then we would surely experience new flow of interest, coming from speculative investors. That would take away the current focus on expanding infrastructure and mass adoption would also become less important.

So in your opinion everything must follow its course, everything should continue to flow the same?

There has been an apparent stability in the cryptographic market, and this, although it will not bring profits, I think it is safer for everyone.
@tinyhousecryptos(50)· 2638d
@crypto.piotr I'm one of those who DO appreciate your wallet messages and DO accept them from you; you may keep on messaging me. I enjoy your posts and will continue to "resteem" the ones I feel needs to "be heard". Thanks again for sharing your interesting content. Also, I like how you kindly work with others on here whether they want your wallet messages or not.
@jadams2k18(66)· 2638d
I don't understand why the Bull run is bad, I guess for those who invested their money in cryptocurrencies is a relief since they recovered what they had lost with the fall in prices these last 2 years. On that side, that's fine with me. Besides, it also attracts more investors. Because if there is no rise in prices, who would invest?
@mrnightmare89(74)· 2638d
hello my friend, I appreciate your little steem by promoting other's post but sad to say I can't open it through memo because of using phone only. But if you don't mind I love to read what post you'll recommend but do it in a comment so that I can go there directly, thanks mrnightmare89

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@edmundocentenor(67)· 2638d
Hi, regards, I saw your comment and I need to delete my delegation to MAGIC-DICE, how is the procedure? thank you!
@andyjem(55)· 2638d
I personally would like to see a steady Bull walk. A nice slow but sustainable rise in crypto that can be trusted. This will help to get more people interested in their use. Many folks don't have the money to invest and the losing money is not on their agenda nor is gambling. For crypto to become mainstream they must trust that their money is safe. There are a few stable coins making and appearance and these will help to bring more interest and more trust. Crypto is the future of moving money around the world without government interference. That is really the main benefit. The future is bright I just hope it comes soon. Cheers @crypto.piotr 😎

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@anosend(36)· 2638d
This is also season for altcoins. Im look atvril, bnb, atomic wallet, monero, LTC, OS to buy.
@truthsfinder(63)· 2638d
Hi bro! I badly need help here. https://steemit.com/fundition/@truthsfinder/cebu-600-challenge-2019-passion-of-riding-fund-raising
@micrologic(44)· 2638d
We need it.
@chireerocks(75)· 2638d
@crypto.piotr, Most importantly world needs Knowledge Transfer of Blockchain and Cryptocurrency space. If we just focus towards price then definitely we will going to see many limitations in this space.

First of all we have to strengthen this space and only Knowledge brings the strength and it empowers.

Let's collectively spread the right Knowledge so that this space will be adopted by masses who are vigilant about all dynamics of this space.
_{This comment was made from https://ulogs.org}
@kpelumo(33)· 2638d
Am always excited when I read such great articles. Keep it up. Would love to read an article about privacy from coins, especially the Veil privacy coin.
@kpelumo(33)· 2638d
Let the bull run come please. There's no specific time mapped out for it. Everyone is expecting. And please, during bull run, Bitcoin should carry ethereum and Veil along. Am starting up trading these coins and I need profit.
@jamesndungu(62)· 2638d
Crypto market is very volatile, Its very confusing to new investors - So many potential investors are keeping off because of the Volatility of the market.

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@bitandi(76)· 2638d
Very Nice

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@tinyhousecryptos(50)· 2638d
Thanks for sharing your information with me about Voice. Very interesting!

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@maryviola(26)· 2638d
As a cryptocurrency enthusiast that I'm, all I need right now is cryptocurrency going to mainstream and mass adoption. This Bull run maestro do a lot of harm than good to this great community. It scare new prospects who would like to be part of this industry, they perceived it as a community where the fat birds keeps feeding on the small birds. So let's work on the adoption and the industry will grow organically. I just need my precious veil to grow organically.
@arcange(79)· 2639d
Congratulations @crypto.piotr! Your post was mentioned in the Steem Hit Parade in the following categories:
- Comments - Ranked 8 with 55 comments
- Pending payout - Ranked 3 with $ 171,72
@dannev(42)· 2639d
Another bull run will surely come. Am waiting for altcoins to join in the bull run. Meanwhile, trading Veil is my passion now. The price movement is healthy enough.
@makdon(37)· 2639d
We are ready... I have purchased some veil, bnb, awc eos, LTC. Waiting for the bull soon. They got great future. I will get more veil soon.
@vimukthi(76)· 2639d

Personally, I'm not sure if another bull run is what we really need at this current stage.

Exactly my friend. These prices are just distractions. What we need is real change. STEEM is priced slightly above 5% of its value at the height. But the ecosystem is stronger and better than ever. The price hype is what create bubbles and bubbles are what create massive busts.

To add to that BTC is outdated as dial up internet. We need better technology and the public isn't even looking for it.
@abduljalil.mbo(65)· 2639d
Nice post, thanks you my friend
@lisfabian(77)· 2639d
Hello friend, I just feel that everything is paralyzed. Surely politicians are the ones who understand the most, it is not convenient for them to explain. We live and we recreate in that past that was very nice. We must unite what we want to serve, inform ourselves and help others. Of course this will be a union of people who like that many benefit. May everything improve and this is my most sincere opinion. In my country Venezuela is a really devastating silence. Thanks for the support.
@zohor(18)· 2639d
Stellar is also a payment technology that aims to connect financial institutions and drastically reduce the cost and time required for cross-border transfers. In fact, both payment networks used the same protocol initially.

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@acidyo(85)· 2639d
So now you're both spamming wallets and bid bots? gtfo
@chomsy(48)· 2639d
Definitely am eagerly expecting another bull run. I have coins in my portfolio that needs the bull run for me to cash out real good. I currently trade Veil and ethereum though and I enjoy the profits from them.
@borjan(79)· 2639d
I'm very new in this things, been on Steemit only two months now, and I don't understand much the nuances of the economy ... but I don't like the bull run euphoria and getting rich fast priorities in anything ... so I kind of agree with you ... but I don't have any good arguments in that matter
@mrnightmare89(74)· 2639d
before I start saying my opinion, have a good day and very well explained..

Indeed you are right, we fell during 2018, even me I lost my interest in staying here. But still, I stay and in fact I'm staying here for a year. If you just have faith in steem, you won't be afraid that steem will lose in the race. If we just all widened our points of view here in steem, we will be the one to make the steem can be at first in a bull run. If you still doesn't know about loving steem, there are community that focus in believing steem. @nathanmars is the man who ia behind of it all, share the love and keep on believing.

i hope I made a sense in this topic of yours..

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@praditya(67)· 2639d
I also believe that we donot need another bull run for now, rest whatever will happen will be accepted. Keep flourishing @crypto.piotr
@gabbynhice(67)· 2639d
What i am waiting for is not a bull run yet but the HF21. I am curious what changes it will make for us. To be honest i dont care much about other crypto currency because i dont have that much time to check the news all day long so i mainly focusing on steem. So first hope we can focus on the issues what we have here now than i really wish the SMT's will come soon and than the bull can come also. Step by step. But not everyone thinking like me. Just example what i saw few days ago with BTC2 it was crazy. Morning it was 0.32$ than end of the day it hits a 36 or 40$ than back to 2-5$ I dont really need this stress😁 I will be happy to catch a crypto like that but this is more gambling. So my answer is not yet. We still have time before the bull run.

( plus i need more steem before bull😂 )

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@suesa(73)· 2639d
Would you please stop sending me wallet spam? I'm not going to read or vote any of the posts you're sending me.
@cryptocopy(64)· 2639d
You're right, it's a hard question to ask, "Is the crypto world ready for a bull run?" I mean, are there enough developed projects in existence that have something to offer your everyday investor other than an altcoin with speculative value? I remember all those altcoins sprouting almost every day last year claiming to be the next big thing or promising to disrupt every industry under the sun. Where are they now? Most of them seem to have disappeared after harvesting emails through an airdrop or generating funds through an ICO. We really don't want a repeat of that.

Sadly, any bull run will always generate interest from all sorts of people from the investors and technology creators down to those looking make a quick buck and even the bad actors who will always find ways to abuse the system.

As for STEEM, unless we fix the current problems plaguing the blockchain, a bull run might just attract the bad actors looking to game and abuse the system, again. I remember last year when STEEM was still trading between $2 and $3. I would get all sorts of wallet messages every day with one dubious offer after another. There were also a few instances of STEEM and SBDs stolen from accounts, and what not. I guess the low prices drove them away?

Personally, though, I'm still hoping for a bull run for STEEM and the rest of the cryptos. But, as you pointed out, it's something that we need to be cautious of. So, I hope it comes, but I am also hoping that we're more prepared for it, both so we could really benefit when it happens and so that it's not followed by a terrible crypto winter right after.
@tyvexsdf(31)· 2639d
Everybody wants a bullrun. But I think bitcoin is slowly going into a correction. If bitcoin goes down, then all altcoins will follow. I think, this is what bearish people are waiting.
@achim03(74)· 2639d
Hi Piotr, I personally agree with you. I don't want a bull market because this brings tons of people on the cryptomarket who only have one goal: Speculate and Earn.

I want stable prices and I want people who use the blockchain technology practically.

Whether prices go up or down, 1 btc stays 1 btc and there are only 21 million of them ever. Probably even less because many are lost. So why would I worry about its price? The more people use btc, the more it will be in demand. So I don't need to worry about bulls or bears. I just want people to use the coins !

Best regards, Achim
@sipahikara(65)· 2639d
‘Entering the crypto world with dreams of being rich constantly prevents the bull run. The goal should not be to be rich. Understanding this technology and investing in it will bring the system to many different places.’
@sipahikara(65)· 2639d
Entering the crypto world with dreams of being rich constantly prevents the bull run. The goal should not be to be rich. Understanding this technology and investing in it will bring the system to many different places.
@sipahikara(65)· 2639d
Entering the crypto world with dreams of being rich constantly prevents the bull run. The goal should not be to be rich. Understanding this technology and investing in it will bring the system to many different places.
@sipahikara(65)· 2639d
Entering the crypto world with dreams of being rich constantly prevents the bull run. The goal should not be to be rich. Understanding this technology and investing in it will bring the system to many different places.
@sipahikara(65)· 2639d
Entering the crypto world with dreams of being rich constantly prevents the bull run. The goal should not be to be rich. Understanding this technology and investing in it will bring the system to many different places.
@coininstant(69)· 2639d
Yeah it is the bull run, we have halving next year, BTC always goes to the moon now until then, and a little bit after!
@swiftcash(64)· 2639d
This post has received $0.011 in an upvote from @swiftcash, funded by @msg768 🤑
@edgarare1(68)· 2639d
Hello my friend @crypto.piotr I’m back and using Partiko app for my reply..

Well. About the topic. Firts of all, interesting publication to discuss..

A lot of experts say that a Bull Run is coming again. But answering your question..!! Is it a good time for another Crypto Bull Run..? If we are talking in future “Yes” it is a really good time...

But now we are in the present, and in my personal opinion it is not a good time for this change.. Maybe it sounds good for reach people but it is not good for beginners...

Many people were very lucky when Bitcoin was cheap and everyone get it. But now it is very difficult to buy and invest in this coin...

Just a small example: here is Steem. And now it seems to be cheap but many people can’t buy just one coin... if the price of Steem grows up now a 200% many people disappear from Steemit.. difficult cheap but more difficult 1-2-3 USD..

It will be a catastrophe. Not people, not investors, not Steem and finally not Steemit..!!!

We don’t need a Bull Run now..!!

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@mrnazrul(53)· 2639d
My dear #crypto.piotr , You can be more realistic about the real picture of the time. This time you did not have any exceptions. There may be many things like calf racing, but bull racing can be rhythmic. You are right on the right track. Now it's just a matter of asking for the mouth of the people. Are they upset or amused? Everything is coming in the novelty. Why the crypto market is not? Thanks friend #Piotr
@lanzjoseg(78)· 2640d
Hi @crypto.piotr

Is this market ready for another bull run and consequences that will follow?

Always in this market so that it can work well, two things must definitely interact, the bidders and the bidders. While it is very true that the market is flooded with many crypto is also very true that there will always be that investor who can give movement to this huge wheel where everyone with a little monetary liquidity can also invest and know what is the best time, we just have to see the movement of that wheel and see what this new run offers us in the long run with its guarantees.

But am I right? Or perhaps I'm all wrong and just perhaps this industry is already matured enough to experience another wave of interest coming from investors?

Good question and possible answer: maturity does not depend on the industry, this is only my thought I hope not to offend, but those who will always act directly will be humans and as all humans we are exposed to errors, the detail is in correcting those errors in time, that would be maturity.

My good friend a great pleasure to read your publication.

I send you a big hug from Venezuela.
@softwaricho(41)· 2640d
I would love to ride the wave in a crypto trade bull run. I don't know if it is going to happen. I agree with you that we still need a lot to grow from the inside. To look for tech improvements. Some FOMO will unfocus us, but also will make our community bigger.
@mintymile(69)· 2640d
Well... I am not a tall sure if this is a bull run...sure there was a mini bull wave from 6000$ to 8000$ , I missed it coz of fear.

But it looks like BTC will go to 10,000 and FOMO stuff will kick in and all that... but I am not interested in that kind of bull run because to benifit from it I should have invested went crypto coins reached its bottom.

Weather we are ready? ... Dear we can't help it, its how market is. I would love to support coins for the project on their development of blockchain technology, but for investing purposes have to cut all these emotions off and put the money on the crypto that would go up because of so so factors.

I think this year is a good year to still hold for few more months till prices up up and profits come, I am hopeful for some coins. I am ready...if its a bull wave to some extent...ETH, LTC, BNB, Theta and Atomatic coin. I don't mind another bull wave so can make some profits for the joy of investing, no hopes of getting rich that will be greedy, its just a game.

Sell all the stuff at the right time though, cant be greedy, its very risky and stupid.
@jacuzzi(75)· 2640d
I am hoping it holds off for a little bit so I can invest more before it takes off! But I do hope we see another BIG run before the end of the year. It will keep inspiring people to invest and build apps on the platform, and from this we will see more growth of users.. and that will spillover to make Steem stronger as well.
@tramelibre(55)· 2640d
Greetings @ crypto.piotr

Thanks to your brainstorming section I learn more about the world of cryptography.
@yashny(70)· 2640d
It will be good if there is another bull run as long as it stays and not go back down later

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@maxwellmarcusart(80)· 2640d
I dont think it is the right time for crypto to get another bull run because as usual just few set of people will benefit from it and it will drop again in few months making the majority to loose their investment.

I have no problem with it if would rise and stand for a long time.
@ketcom(74)· 2640d
Very brilliant write-up. In my personal opinion I think we lost a lot of people who had a lot of bad experience about what crypt-currencies really are, if you ask around you'll see a lot of people believe it is a HYIP or Ponzi thing. I would rather prefer that people understand what cryptos really are and how they are been used in real world to after peoples lives positively. Based on the past experience a lot of people will never touch anything crypto because they never really knew what it is all about. But if people understood what it is, it will definitely grow with time without any manipulations because people understand the value of it.
@mudcat36(65)· 2640d
It’s a good question. I’ve been buying bitcoin since 2010 and had I kept what I’ve sold over the years....well lambo would be a reality. I can’t help but feel by looking at the recent surge up to 8k territory that we are due another drop potentially back to around 6k or lower. I’ve learned not to get to excited when we recover from lows and consolidate much higher than where we were....but still lower than what most forecast we are going to consolidate around. Unlike other rises in value in the crypto sphere we have seen in the past we today have more infrastructure and awareness of cryptocurrency as a space. With that awareness we don’t have the uneducated or uninformed enthusiasm that we saw in the last run. This isn’t me saying we won’t have another crazy FOMO driven bull run, but the market may drag its feet getting to it’s all time crazy highs we saw before...despite the length of the recent bear market. Ideally I’d love to see a way to truly diversify in the crypto sphere. So much is tied to the value of BTC in regards to altcoin performance so in a utopian sense seeing something come along as a new flagship technology in the block chain space to cause a halving of sorts (rather than completely dependent on BTC) would be awesome. Unrealistic highs and lots of froth in the market tend to get the attention of the talent in tech and we start to see new innovations each time so who knows, we could see that. A rise in crypto prices will never be a bad thing in my book. We do have a lot more awareness and structure in the space than ever before so the next run up could be interesting. We can always be sure it will be filled with the unexpected which is always exciting. The crypto space has never calcified or stagnated as there are so many great people always busy behind the scenes figuring out how to leverage distributed ledger technologies towards achieving awesome goals. So a market uptick now is as good a time as any. When it does happen I do think we are far better positioned than we have ever been before. Thanks for the post. Was an enjoyable read through.
@wakeupkitty(72)· 2640d
I wonder who starts the bull run. I agree with you we are not ready. I know from last time as I wanted to sell my bitcoin it was not possible. They said they were not prepared of so many people/transaction and had to school more people first. So I could not lay my hands on my money. It was at the moment it was at its top. I still find it suspicious.

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@sacra97(77)· 2640d
We will see those new changes, do not arrive when the currency was at its maximum, and we are still waiting for that good rise that does not seem to come. Meanwhile we keep writing nice, to fill our days @crypto.piotr
@mrme1984(67)· 2640d
We always need it

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@adenijiadeshina(66)· 2640d
I believe many people are tired of seeing their crypto portfolio sitting red and they wanna make a huge profit on their investment. Not all actually care about the development of the blockchain technology.
@steemingmark(56)· 2640d
I would live it if we got a bull run!! Obviously however not sure the technology is ready and there are some big questions like sustainable power and legislation etc to answer. If crypto bulled I would consider getting back my money and getting out of crypto.

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@philipkavan(57)· 2640d
I don't want another crypto bull run.It is because when the price goes up beyond our expectation,some people start investing their money in crypto with the hope to earn.Then the price comes down to its normal level and they lose their money.I think it mostly some people who like to create a situation where the price goes up.As soon as they get to understand that people are investing their money,they start taking away their money from the market.As a result,a lot of people get affected.I don't like bull run.
@fitinfun(72)· 2640d
What I am looking for and pay attention to is mainstreaming. It's all well and good for investors to play around like it is the crypto-stock market, but that will never get crypto a good rep. I look for people like me who are "users" of this currency to make it really take off.

The news that hits my radar is about medium and large size companies and governments taking payment in crypto as well as regular people using it in their daily activities. When there is more of that action - then we can leave the banksters in the dust.
@slwzl(77)· 2640d
Asumo que los cambios son necesarios. Soy prácticamente nueva en este mundo y no vi la época en donde alcanzó su máximo valor la moneda, esperemos que si esto viene estemos preparados realmente. Gracias por traernos estos temas de gran interés.
@steemitboard(66)· 2640d
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@uio(70)· 2640d
Your point is logical here but some people want to see the bull run. This will be great for the hype and bring more people in, who might be in just for the sake of money but can see how this techno can serve the world.
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@gandhibaba(75)· 2640d
This is a fine article, no doubt. I think I understand your point of view clearly. If we build right, the bull run will naturally come. However, remember that we need money to build, so both are important and mutually inclusive. Thanks for sharing, anyway.
@oivas(71)· 2640d
It indeed appears that a bull run is in place but the question is why Steem refuses to move? Hope next run sees Steem peaking as well. Imagine Steem at USD 3. Ten times current level. And that is not even its historic maximum.

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INTRODUCTION

ARE WE REALLY READY?

YEAR 2018 and 2019

SO LET'S GO BACK TO THE MAIN QUESTION

Comments · 89

For one reason alone, a bull run is in the cards.

``All that said, merely because IBM and FB are investing in their own crypto (World Wire and Global Coin) that will drive the price of Bitcoin until at least the original blockchain is proven utterly inept. ``

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