Why was the bull run so weak?
Why was the bull run so weak?
Carson Russell
Brayden Powell
Because its not over
Colton Sanchez
Lol how much did you lose?
Ayden Thompson
Your pic answers your question. It's a curve. BTC's log curve is curved. It's not a straight line upwrds. Also it wasn't as weak as some retards want to paint it as being, it went from 4k to 69k.
Michael Davis
Joseph Turner
Honestly think it's a truncated bear market. Peaked in Nov 2021 and bear started shortly thereafter, meaning we bottom before end of 2022 (if not already), and chop sideways/slow melt up in 2023 before bull market's back on in 2024. Accumulate.
Adam Bell
Jaxson Morgan
A x3.5 is indeed weak compared to 2017 bull run…
Jace Hughes
why is it easier to move a stone than a mountain?
Thomas Allen
So once BTC becomes a stable coin in the next few bull runs then altseason will basically be extinct?
Jonathan Moore
you need to examine the low to high ratio in the cycles user
Austin Hill
>examing it from top to top
gains can obviously be much higher than 3.5x in this last bull run if you're not buying the top of the last run. bitcoin still did quite nicely last bull run if you were buying in the bear market.
but yeah there's always diminishing returns in large marketcap assets that people buy up over years. you're not going to get any 1000x's on microsoft stock any time soon either. if something has roughly a $10 billion market cap, adding $1 billion will pump it 10%. but if something has around $100 billion marketcap, $1 billion will only add around 1%. same shit with bitcoin, requires much more buying pressure to move the market today than it did 5-10 years ago.
Matthew Martin
fpbp
Ryan Adams
Walk into the nearest Wal-Mart and look around. How many people there are putting their entire paycheck straight to bitcoin? ZERO. Probably not even you because you're an idiot too. Bitcoin is a GUARANTEED 2x in less than four years with no custodial risk. Likely much more than 2x when people catch on to what's happening. And people still don't IMMEDIATELY transfer out of US dollars? And financial advisors recommend 5% allocation? Don't overthink this. Bitcoin has survived for too long already to fail after the USD doubles in supply overnight again. You can't get higher returns unless you're a highly skilled drug lord. And even then you should take profits in bitcoin.
Caleb White
The only NFT project I'm using right now is Streeth. Because:
>Street Art NFTs by world recognized street artists.
>Huge Collaborations such as: Orcas VC, Shoeuzi, Kryptomon
>Doxxed KYC Team
>Audit by CoinScope
Grayson Russell
Corona and Ukraine shit didn’t help this bull run either
Nicholas Evans
rona initiated the bull run with helicopter money, ukraine created a one in a generation opportunity on the usd/rub pair
Lucas Foster
It's only natural, next run will be even more pathetic. When adjusted for inflation this run was worse than people realise.
Joshua Rivera
>When adjusted for inflation
the 69k peak would have been 65k in 2018, when adjusted for inflation.
Leo Walker
Just because the bullmarket was truncated it doesn't mean the bearmarket will be as well...
Nathan Mitchell
That's exactly what it would mean you absolute mong. pic related.
The truth, however, is
Samuel Cruz
>Bitcoin has survived for too long already to fail
Is that so?
Aiden Hill
No there will only be alt-season.
Matthew Jackson
screncap