Viewing a response to: @futurethinker/re-jrcornel-crypto-is-the-party-about-to-begin-again-20180914t175034304z
Yes, the euphoric phase may be a ways off still. In the past, bear markets turned into slightly bullish markets for a long period of time, there there was a short euphoric burst where the really big gains were made which was followed by a crash. Though, even if prices don't moon this quarter, just pulling bitcoin back up around $8,500 or higher and steem back up over $1.50-$2.00 would make many people feel like partying. ;)
post_id | 62,457,912 |
---|---|
author | jrcornel |
permlink | re-futurethinker-re-jrcornel-crypto-is-the-party-about-to-begin-again-20180914t182556025z |
category | crypto |
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ememovic | 0 | 9,296,615,218 | 100% | ||
futurethinker | 0 | 55,610,785,972 | 100% | ||
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mtl1979 | 0 | 489,559,853 | 100% | ||
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sergino | 0 | 1,149,738,485 | 5% |
Hmm I researched a few markets, and havent seen that happening. The bump to 50% that was for me the short bullish moment. I think if it goes up, it will slowly go up.
post_id | 62,555,095 |
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author | futurethinker |
permlink | re-jrcornel-re-futurethinker-re-jrcornel-crypto-is-the-party-about-to-begin-again-20180916t012001689z |
category | crypto |
json_metadata | {"app":"steemit\/0.1","tags":["crypto"]} |
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Take a look at this: https://weisscryptocurrencyratings.com/news/4-bitcoin-bull-markets-big-lessons-learn-1308 The 4 main bull markets in bitcoin. All 4 patterns have some similarities. Especially about the slow grind higher and then a short euphoric burst followed by a steep correction.
post_id | 62,611,513 |
---|---|
author | jrcornel |
permlink | re-futurethinker-re-jrcornel-re-futurethinker-re-jrcornel-crypto-is-the-party-about-to-begin-again-20180916t180030085z |
category | crypto |
json_metadata | {"tags":["crypto"],"app":"steemit\/0.1","links":["https:\/\/weisscryptocurrencyratings.com\/news\/4-bitcoin-bull-markets-big-lessons-learn-1308"]} |
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sauravrungta | 0 | 1,116,468,140,141 | 100% | ||
jrcornel | 0 | 2,624,608,099,832 | 100% | ||
jondoe | 0 | 40,778,245,320 | 100% | ||
corndog54 | 0 | 9,908,282,666 | 100% | ||
sergino | 0 | 255,497,441 | 1% |
Hmm I think looking at patterns could be dangerous to predict the validity of bitcoin, and in general companies. It will all depend on if bitcoin will be become a mass adopted crypto currency.
post_id | 62,648,132 |
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author | futurethinker |
permlink | re-jrcornel-re-futurethinker-re-jrcornel-re-futurethinker-re-jrcornel-crypto-is-the-party-about-to-begin-again-20180917t054311070z |
category | crypto |
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