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

in crypto •  18 days ago  (edited)
111.jpgRecently 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

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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?

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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

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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

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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

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Would you please stop sending me wallet spam? I'm not going to read or vote any of the posts you're sending me.

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Dear @suesa

I absolutely respect your decision and you won't hear from me again.

Yours,
Piotr

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!

So now you're both spamming wallets and bid bots? gtfo

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Dear @acidyo

I'm just a regular guy, who doesn't have insane resources (like yourself) and Im using all available (and very limited) tools that are being provided to build some exposure.

Since I'm not whale - the only way of pushing my post to trending page is by paying for it (bid bots). Unfortunatelly I do not have luxury of upvoting my own post (neither I've friends who could really help) to ensure that it will end up in trending page.

At the same time I'm spending my own resources (which are quite limited) to promote content of those who I consider valuable.

If it does upset you that I've send you memo, then please accept my appology. I will make sure not to bother you again.

Regards,
Piotr

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No whales are able to push a post to trending with their own vp, no whales or other users spam other users memo with mentions about their posts, most that do it get ignored. If you want to promote your post then promote it with just bid bots like everyone else does, if you don't get any traction then maybe your post sucks and no one gives a shit about what you have to say. Don't try and get traction on your post by spamming every active users memo like junkmail from 1990 which seems to be the era your formulate your responses as well.

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I agree he shouldn’t spam but bidbots are fucking stupid and part of the reason many people will spam. They think spamming is a more economical way to get the attention. Bidbots are whack and need to go.

Posted using Partiko iOS

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So I'm not the only one getting messages from him!

Posted using Partiko Android

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Thank you @acidyo for taking the time to share your view on that subject.

I obviously am fully aware that some people are okey to receive memos and are using it as a way of sending notifications to others.

At the same time I know that this method does upset others.

if you don't get any traction then maybe your post sucks

Perhaps my content sucks.

However, similar problem seem to have most content creators who have very little SP. On daily basis I see many great authors who have no visibility. Without having funds to upvote their content to trending page and without sending memos to those who know them ... they end up simply being "invisible".

I obviously appreciate your effort to reply to my comment. And I will surely not bother you with my unwanted memos in the future.

Regards,
Piotr

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  ·  16 days ago (edited)

However, similar problem seem to have most content creators who have very little SP. On daily basis I see many great authors who have no visibility. Without having funds to upvote their content to trending page and without sending memos to those who know them ... they end up simply being "invisible".

What does this have anything to do with anything? At least those users don't become spammers but try to gain a genuine following like many of us have done throughout the years without spamming the living shit out of people with bots.

You realize I try and help out those users you mention daily through the efforts of OCD, right? Hey maybe if you were active in the community instead of just replying to people in your own posts and stumbling into random posts now and then that you write about and use as a decoy in memos to promote your own posts with you'd know what else is going on on the platform and wouldn't try and keep sidetracking the problem we had in the first place here.

If you want to promote your posts that's fine, don't pretend that you have to spam people's wallets to get some interaction to justify it. If that were the case then you sure are making it even harder for those users since if everyone started spamming wallets it would become an even bigger problem. We have follows and feeds for a reason.

Also good job on unfollowing the user above me cause she asked you not to spam her wallet, classy use of the follow function, I'll expect an unfollow as well now thank you byeee.

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Dear @acidyo

We clearly disagree but I still would like to thank you for sharing your own view with me.

All the best
Piotr

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.

Posted using Partiko iOS

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Hi @jamesndungu

Thank you for your comment and for sharing your thoughts with me.

Cheers
Piotr

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.

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I just noticed that I never actually thanked you for this comment @lanzjoseg

So big thx and have a great weekend buddy :)
Piotr

We always need it

Posted using Partiko Android

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.

Posted using Partiko Android

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bull run maybe but it is not set .... could be a head fake and consolidation.

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Thanks for dropping by and resteeming my post @darrenciccone

Yours,
Piotr

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Dear @oivas

I actually do not want to imagine damage that could be done for Steemit if STEEM would reach USD 3.

That would most likely not end well.

Even right now new users struggle with low and very strict Resource Credit limitations. Could you imagine anyone paying 150 usd and powering up to 50 SP ... just to be able to "test" what this platform is about?

That could potentially be a real issue. I would love to hear your view.

Yours
Piotr

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on one hand you are right, BUT the world cant wait until Steemit is ready, because Steemit is a very slow develpoment plattform as we all know from the past. Is Steemit ready in another 1 year for a bull run? This is a good question. It looks like still in the next year not.....

The new PAL Plattform comes out, good. BUT as you mentioned, the register Part ist still problemematic here.

So, Investors of crypto are not waiting till a single plattform is ready. I will not say, that another plattforms are fully ready, but they are near to...but steemit i far far way from it.

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Dear @travelwithus

Thanks for dropping by and sharing your view but I've lost you here: BUT the world cant wait until Steemit is ready,

World would surely not wait for Steemit to be ready. I fail to see how would it be related to problem Im pointing out (that high price of STEEM with current Resource Credit algorythm would means slow death for this platform because of lack of new users).

Have a great weekend ahead,
Piotr

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Solid point! PAL platform looks good but i don't really see the improvement?

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True, but that is assuming that every newbie has to buy himself or herself Steem Power. That said, I do understand the other narrative of finding it difficult to find exposure here when you are new without SP.

Now, my point is that if you are a newbie worth your salt, would the upvotes from others be of a higher value when Steem is at a higher rate? A good example would be @curie whose upvote value went down drastically as Steem fell from USD 1 to 0.3. These are whales with the right intention and a higher Steem price helps them as much as the people they are voting.

Lastly, a higher Steem price will attract more investors and users. Today we know whales are selling like no tomorrow to exit (therefore the price depreciation). But on the other hand, maybe new whales will come in. The possibilities are many. Maybe, a writing house for articles, publishers, production house (wouldn't that be cool) can come in.

Today we are in a small pond trying to make things work within these limits. When price goes up it brings up the possibility of make Steem an ocean. Not to mention, your own current SP will have ten times the worth.

Posted using Partiko Android

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Dear @oivas

Every newbie pretty much NEEDS to power up at least 40-50SP in order to have a chance to even "test" Steemit and drop few comments a day.

Would anyone delegate his own SP to new users (having 15SP and almost no activity yet)? I hardly doubt so.

So powering up is a must.

Now, my point is that if you are a newbie worth your salt, would the upvotes from others be of a higher value when Steem is at a higher rate?

I understand and fully agree. For those who would establish their position on Steemit higher price would be amazing.

Lastly, a higher Steem price will attract more investors and users.

Yes and no.

It will attract investors, but not users.

New users will quit right away. The only rescue from this situation is simple: Steemit Inc. would have to change Resource Credit algorythm and make it easier for beginners. But I hardly doubt they would even consider it.

Yours
Piotr

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I do hope that the HF21 has something better to offer to newbies. I haven't read much about it yet. Let's see.

Posted using Partiko Android

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You guys realize Steem’s all time high is like $8 right? That’s the point of earning and buying as much as possible at the current price. Eventually it will break $8 again and then in the correction it probably will land between $1 - $3. After 2021 bull run it’s unlikely to see sub $1 Steem again.

Posted using Partiko iOS

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Hi @jiujitsu

I think we all realize that 8$ was ATH, but that was before HF20 (hard fork 20) has been announced and Resouce Credits were introduced. At that time new users didn't have to deal with RC and crazy limitations.

Yours
Piotr

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That has nothing to do with the speculation from FOMO noobs every 4 years. That’s a huge part of these bull runs, and most of them won’t have any idea what a hard fork is, or any of the issues that Steem faces. They will see social media crypto, it’s position on coin market cap, and it’s ATH of $8 and the % up, then they buy in.

Posted using Partiko iOS

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Appreciate your comment @jiujitsu

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

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Dear @borjan

Thanks for dropping by and sharing your thoughts with me.

but I don't like the bull run euphoria and getting rich fast priorities in anything ...

I feel you. I've experienced latest bull run and that euphoria has been very addictive but once it was over ... it all felt just so wrong.

Again thx for dropping by

Yours
Piotr

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.

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Dear @cryptocopy

This is absolutely one of the best comment I've read today. Late thank you for taking the time to share your opionion with me.

are there enough developed projects in existence that have something to offer your everyday investor other than an altcoin with speculative value

Solid question. One that I'm also asking myself from time to time.

We really don't want a repeat of that.

Clearly we're on the same page here.

I also wanted to make some suggestion.

My impression is, that the hardest part of attracting attention on STEEMIT is the fact, that our audience have very little chance to actually find our publications. Lack of solid notification system is an obvious issue. And regardless how hard I would try - there is very little chance I would find out about your new interesting publications (my feed is just flooded with to many posts).

Please allow me to share some suggestion with you. If you would ever publish content related to blockchain, crypto, artificial intelligence, psychology etc. then perhaps you could simply send me memo with link to that post.

This way not only I would have a chance to read your publication, but I will also upvote it right away with 20k SP voting power. If I would consider it interesting then I may also share it with wider audience.

Please let me know what do you think.

Cheers, Piotr

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

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Hi @achim03

Thanks for your comment. I just wanted to check out your latest publications ... just to realize that you didn't post in 2 MONTHS! OMG. So long. Hope you're not going to give up on Steemit.

Yours
Piotr

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Hi my friend, I'm still around don't worry ;-). Thanks for reminding me to write a post from time to time... I just did that. Have a nice weekend!

Best regards,
Achim

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Dear @achim03

Thanks for reminding me to write a post from time to time... I just did that.

I love to hear that :) Will check it out right away! :)

I also wanted to make some suggestion.

My impression is, that the hardest part of attracting attention on STEEMIT is the fact, that our audience have very little chance to actually find our publications. Lack of solid notification system is an obvious issue. And regardless how hard I would try - there is very little chance I would find out about your new interesting publications (my feed is just flooded with to many posts).

Please allow me to share some suggestion with you. If you would ever publish content related to blockchain, crypto, artificial intelligence, psychology etc. then perhaps you could simply send me memo with link to that post.

This way not only I would have a chance to read your publication, but I will also upvote it right away with 20k SP voting power. If I would consider it interesting then I may also share it with wider audience.

Please let me know what do you think.

Cheers, Piotr

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Hi Piotr,
Thanks a lot for this proposition. I will gladly send you a message when I publish my next article. I realised I owed you an answer on Telegram. Sorry about that. I was the whole weekend at Karate Tournament with my Kids...

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hi @truthsfinder

Thx for sharing link to your post with me. Will check it out later on today.

Cheers, Piotr

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Thanks brother! That will really be a big help to me. :)

Thanks for sharing your information with me about Voice. Very interesting!

Posted using Partiko Messaging

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Hi @tinyhousecryptos

Absolutely. I noticed that you even resteemed this post. Im glad you enjoyed it :)

Cheers, Piotr

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..!!

Posted using Partiko iOS

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I absolutely love your comments @edgarare1

I’m back and using Partiko app for my reply..

Have you been away lately? Sorry if I didn't notice. I've been quite not-present lately as well.

Thank you for sharing your view on that particular subject. I'm also glad to see that we're on the same page.

if the price of Steem grows up now a 200% many people disappear from Steemit.. difficult cheap but more difficult 1-2-3 USD..

Indeed. This is serious problem. Most users will give up on Steemit if powering up to 50-100SP would cost them so much money.

We don’t need a Bull Run now..!!

AMEN!

Have a great upcoming week buddy,
Cheers, Piotr

@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

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Dear @chireerocks

Thx for your comment buddy.

If we just focus towards price then definitely we will going to see many limitations in this space.

We're definetly on the same page here.

ps. Would you mind sharing with me what is ulogs.org ? I've noticed you've been using it to post comments.

Yours
Piotr

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Creator of Ulog Project is @surpassinggoogle and the core idea of this project is giving everyone opportunity of celebrityhood and creating fresh content (Experiences, daily life, spontaneous thoughts, creative) to reshape the world of Internet with fresh content because if we see Google Search now it's showing nothing new.

ULOGS, Steemgigs and Macrohard Ecosystem is Tokenised with Teardrops Token. And this journey will move ahead with Certified Uloggers.

Hope that you will look into this project and will become Certified Ulogger soon.

Thank you so much for your appreciation and stay blessed.

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Dear @chireerocks

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I just realized that I never actually thanked you for your reply. I really appreciate that you're so very responsive.

I also wanted to make some suggestion.

My impression is, that the hardest part of attracting attention on STEEMIT is the fact, that our audience have very little chance to actually find our publications. Lack of solid notification system is an obvious issue. And regardless how hard I would try - there is very little chance I would find out about your new interesting publications (my feed is just flooded with to many posts).

Please allow me to share some suggestion with you. If you would ever publish content related to blockchain, crypto, artificial intelligence, psychology etc. then perhaps you could simply send me memo with link to that post.

This way not only I would have a chance to read your publication, but I will also upvote it right away with 20k SP voting power. If I would consider it interesting then I may also share it with wider audience.

Please let me know what do you think.

Cheers, Piotr

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Thank you so much for your kind gesture and response brother. Definitely i will remember your suggestion if not mine then i will try to share valuable posts which falls under above Category.

Have a great time ahead and stay blessed.

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.

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hi @kpelumo

I've noticed that you wrote about VEIL just several days ago. I never actually hear about this project so I cannot share any opinions.

Cheers
Piotr

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.

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.

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Dear @maryviola

It seem that you're very new on Steemit. Welcome to our platform and thank you for sharing your thoughts with me.

all I need right now is cryptocurrency going to mainstream and mass adoption.

I'm not sure if I understood well. So you're hoping that crypto will enjoy attention of mainstream media? Wouldn't it actually "kill" mass adoption?

Cheers,
Piotr

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.

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Dear @philipkavan

Thank you for your comment. We're clearly on the same page here.

Have a great weekend,
Yours, Piotr

I also believe that we donot need another bull run for now, rest whatever will happen will be accepted.
Keep flourishing @crypto.piotr

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Thx for dropping by @praditya

Have a great upcoming week,
Yours, Piotr

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.

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Dear @gandhibaba

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I just realized that I never actually thanked you for your reply. I really appreciate that you're so very responsive.

I also wanted to make some suggestion.

My impression is, that the hardest part of attracting attention on STEEMIT is the fact, that our audience have very little chance to actually find our publications. Lack of solid notification system is an obvious issue. And regardless how hard I would try - there is very little chance I would find out about your new interesting publications (my feed is just flooded with to many posts).

Please allow me to share some suggestion with you. If you would ever publish content related to blockchain, crypto, artificial intelligence, psychology etc. then perhaps you could simply send me memo with link to that post.

This way not only I would have a chance to read your publication, but I will also upvote it right away with 20k SP voting power. If I would consider it interesting then I may also share it with wider audience.

Please let me know what do you think.

Cheers, Piotr

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I share your sentiments, friend. Steemit needs to really improve the user interface to fit into the vision of a 21st century social media. Thanks for your thoughts. I will let you know when I need your help to reach wider audience on Steemit or Steem related posts. Cheers!

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.

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I'm sorry @slwzl but I don't speak spanish :(

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.

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Dear @adenijiadeshina

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I just realized that I never actually thanked you for your reply. I really appreciate that you're so very responsive.

I also wanted to make some suggestion.

My impression is, that the hardest part of attracting attention on STEEMIT is the fact, that our audience have very little chance to actually find our publications. Lack of solid notification system is an obvious issue. And regardless how hard I would try - there is very little chance I would find out about your new interesting publications (my feed is just flooded with to many posts).

Please allow me to share some suggestion with you. If you would ever publish content related to blockchain, crypto, artificial intelligence, psychology etc. then perhaps you could simply send me memo with link to that post.

This way not only I would have a chance to read your publication, but I will also upvote it right away with 20k SP voting power. If I would consider it interesting then I may also share it with wider audience.

Please let me know what do you think.

Cheers, Piotr

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Okay. Thank you. It will be my very pleasure

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

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Thank you @sacra97 for your valuable comment :)

And enjoy your upcoming weekend,
Piotr

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.

Posted using Partiko Android

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Dear @wakeupkitty

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I just realized that I never actually thanked you for your reply. I really appreciate that you're so very responsive.

I also wanted to make some suggestion.

My impression is, that the hardest part of attracting attention on STEEMIT is the fact, that our audience have very little chance to actually find our publications. Lack of solid notification system is an obvious issue. And regardless how hard I would try - there is very little chance I would find out about your new interesting publications (my feed is just flooded with to many posts).

Please allow me to share some suggestion with you. If you would ever publish content related to blockchain, crypto, artificial intelligence, psychology etc. then perhaps you could simply send me memo with link to that post.

This way not only I would have a chance to read your publication, but I will also upvote it right away with 20k SP voting power. If I would consider it interesting then I may also share it with wider audience.

Please let me know what do you think.

Cheers, Piotr

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.

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Dear @mudcat36

Thank you for your kind comment.

Would you perhaps consider using "enter" from time to time? To separate blocks of texts? It would make it much easier to read.

Yours
Piotr

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.

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Dear @ketcom

Thank you for your kind comment.

Would you perhaps consider using "enter" from time to time? To separate blocks of texts? It would make it much easier to read.

Yours
Piotr

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No problemo Chief. Lol.

Posted using Partiko Android

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.

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Dear @vimukthi

Thanks for dropping by buddy. I always appreciate your comments.

And I'm glad to see that we're on the same page.

To add to that BTC is outdated as dial up internet.

You nailed it. I love this comparison :)

Yours
Piotr

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.

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Hi @lisfabian

Thank you for your kind comment and for sharing your thoughts with me.

ps. you wrote in your profile that you're a coach. What kind of coach? Would you mind sharing?

In my country Venezuela is a really devastating silence

God bless Venezuela. You are all going through such a hard time.

Cheers
Piotr

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..

Posted using Partiko Android

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Love your comment @mrnightmare89 :)

even me I lost my interest in staying here.

Luckily you're still around :)

ps. I've seen work done by @nathanmars and I kind of admire him and his efforts.

Cheers
Piotr

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😂 )

Posted using Partiko Android

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Dear @gabbynhice

Thanks for dropping by buddy. I always appreciate your comments.

What i am waiting for is not a bull run yet but the HF21.

Im guessing I've missed something. Is HF21 coming?

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$

This is just insane, isn't it? It only shows how speculative this market still is.

So my answer is not yet. We still have time before the bull run.

I'm glad we're on the same page :)

Yours
Piotr

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They will make changes if i am not mistake. The proposal system and also the reward pools.
So i guess there will be a hf again.

I am not sure but i also read about it i think. But maybe i am mistake😁

Posted using Partiko Android

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.

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Dear @mintymile

line2.png

I just realized that I never actually thanked you for your reply. I really appreciate that you're so very responsive.

I also wanted to make some suggestion.

My impression is, that the hardest part of attracting attention on STEEMIT is the fact, that our audience have very little chance to actually find our publications. Lack of solid notification system is an obvious issue. And regardless how hard I would try - there is very little chance I would find out about your new interesting publications (my feed is just flooded with to many posts).

Please allow me to share some suggestion with you. If you would ever publish content related to blockchain, crypto, artificial intelligence, psychology etc. then perhaps you could simply send me memo with link to that post.

This way not only I would have a chance to read your publication, but I will also upvote it right away with 20k SP voting power. If I would consider it interesting then I may also share it with wider audience.

Please let me know what do you think.

Cheers, Piotr

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I absolutely love your comments @mintymile

sure there was a mini bull wave from 6000$ to 8000$ , I missed it coz of fear.

Very true. We cannot really talk yet about bull run. Right now we've only seen some small movements and market seem to be only "warming up".

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

We're pretty much on the same page here. Thx again for dropping by :)

Have a great upcoming week buddy,
Cheers, Piotr

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.

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Hi @jacuzzi

But I do hope we see another BIG run before the end of the year.

I hope we won't see this run anytime soon :) It surely would inspire people to invest. But I'm not sure if it would inspire many to build apps.

Instead of new projects, new apps - people would only talk about prices and profits. We've been through it already.

Thx for your comment and have a great upcoming week buddy,
Piotr

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

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Dear @mrnazrul

Thanks for dropping by and your comment. Appreciate it.

You can be more realistic about the real picture of the time.

I'm not sure if I understand. I've read your entire comment and I'm still very much confused.

Yours
Piotr

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You are a sarcastic, gentleman and lively person. I wish you good health and longevity.

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I must admit that I really enjoyed reading this comment @mrnazrul :)

Have a great monday ahead,
Piotr

Greetings @ crypto.piotr

Thanks to your brainstorming section I learn more about the world of cryptography.
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Appreciate your comment @tramelibre

ps. God bless Venezuela

Yours, Piotr

It will be good if there is another bull run as long as it stays and not go back down later

Posted using Partiko Android

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Isn't true , that everything that goes up need to also goes down? :)

Thx for sharing your view with me @yashny
Piotr

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.

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Hi @softwaricho

Thanks for sharing your view on that subject with me.

ps. I've noticed that you're from Caracas. I've met number of Venezuelans but noone from Caracas itself. Would you consider this place very dangrous to life in current days?

Yours
Piotr

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Vzla is a dangerous place, of course Caracas is too. In here you better get caught by some robbers than by the police. There's no law, no rules nor logic just the ruler's absurd.

But as everyone living here are poor the smugglers have moved to another cities, to extract gold, trafficking gas, etc. So there's a little peace. But you can starve if you are poor, you can be kidnapped if you are rich or you can just die for the lack of medicine if you are ill.

Our hope is an international alliance make a stop of this nonsense. And we keep fighting for survive meanwhile. Thanx for asking.

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Dear @softwaricho

line2.png

I just realized that I never actually thanked you for your reply. I really appreciate that you're so very responsive.

I also wanted to make some suggestion.

My impression is, that the hardest part of attracting attention on STEEMIT is the fact, that our audience have very little chance to actually find our publications. Lack of solid notification system is an obvious issue. And regardless how hard I would try - there is very little chance I would find out about your new interesting publications (my feed is just flooded with to many posts).

Please allow me to share some suggestion with you. If you would ever publish content related to blockchain, crypto, artificial intelligence, psychology etc. then perhaps you could simply send me memo with link to that post.

This way not only I would have a chance to read your publication, but I will also upvote it right away with 20k SP voting power. If I would consider it interesting then I may also share it with wider audience.

Please let me know what do you think.

Cheers, Piotr

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.

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Dear @maxwellmarcusart

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

Very true. We're clearly on the same page here.

Thx for dropping by and enjoy your monday :)

Yours
Piotr

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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Dear @uio

Thank you for being so responsive and for sharing your opinion with me. Appreciate it a lot.

Yours,
Piotr

‘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.’

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Dear @sipahikara

Thanks for dropping by and your comment. Appreciate it.

ps. I think accidentaly you've posted same comment 5 times in a row :)

Yours, Piotr

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.

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Appreciate your comment @tyvexsdf

All the best and enjoy upcoming weekend,
Piotr

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 😎

Posted using Partiko Android

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Dear @andyjem

"steady bull walk" :) That's new.

Enjoy your friday buddy,
Piotr

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?

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Bull run wouldn't be bad if this market would be at least regulated across the world @jadams2k18

I don't understand why the Bull run is bad

Bull runs are surely great thing for speculative investors. But they are taking away attention from development.

Yours
Piotr

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Hi, dear friend

Bull run wouldn't be bad if this market would be at least regulated across the world

When you say regulated, you mean SEC regulated?

Hi, regards, I saw your comment and I need to delete my delegation to MAGIC-DICE, how is the procedure? thank you!

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Dear @edmundocentenor

You can open steemworld.org/@edmundocentenor and find 'delegations' tab and remove it from there.

Cheers
Piotr

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Thank you very much, friend @crypto-piotr, I already eliminated the delegation!

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I'm glad I could help @edmundocentenor

I also wanted to make some suggestion.

My impression is, that the hardest part of attracting attention on STEEMIT is the fact, that our audience have very little chance to actually find our publications. Lack of solid notification system is an obvious issue. And regardless how hard I would try - there is very little chance I would find out about your new interesting publications (my feed is just flooded with to many posts).

Please allow me to share some suggestion with you. If you would ever publish content related to blockchain, crypto, artificial intelligence, psychology etc. then perhaps you could simply send me memo with link to that post.

This way not only I would have a chance to read your publication, but I will also upvote it right away with 20k SP voting power. If I would consider it interesting then I may also share it with wider audience.

Please let me know what do you think.

Cheers, Piotr

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Hello, I am very grateful and excited for your offer, I still do not handle well or know much about the platform, but I want to go further to get more out of it, I'll leave you the last 2 publications I made, about Venezuelan musicians, thank you very much friend @crypto.piotr.
https://steemit.com/palcoin/@edmundocentenor/homenaje-a-musicos-venezolanos-hoy-augusto-brandt-tribute-to-venezuelan-musicians-today-augusto-brandt
https://steemit.com/palcoin/@edmundocentenor/homenaje-a-musicos-venezolanos-hoy-pedro-pablo-caldera-tribute-to-venezuelan-musicians-today-pedro-pablo-caldera

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

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Dear @hendersonp

I think the token should rise in price, perhaps not to its historical maximums
Thank you for sharing your thoughts.

My main concern is related to regulators and politicians. It would not do any good if this market would enter bull run while even regulators across the world didn't yet decide how to treat all of it.

Wouldn't you agree?

Cheers, Piotr

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...

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Dear @intellihandling

Thank you for sharing your thoughts with me. Im guessing that we're pretty much on the same page here and our opinions are pretty much similar.

Cheers, Piotr

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!

Posted using Partiko Android

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Dear @culgin

Market moves in cycles, so regardless we are ready or not, the market will inevitably move.

That's true. However it would not do any good if this market would enter bull run while even regulators across the world didn't yet decide how to treat all of it.

So hang on tight :)

Thanks for your positive comment. I surely will hang on tight. Luckily all I have is STEEM there isn't that much to worry about :)

Cheers, Piotr

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.

Posted using Partiko iOS

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Dear @gcalex

A bull run would be in the best interest of investors

Indeed. This pretty much the way I see it as well.

Say hypothetically, steem goes viral tomorrow, would we be able to support a major influx of new users

Solid question. I would say that no, we wouldn't. And those new users would be probably also attracted with financial gains only. Not right kind of crowd.

Thank you for dropping and sharing your thoughts with me.

Have a great weekend ahead,
Piotr

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It's me again @gcalex

I noticed that your latest post is 2 months old. Did you give up on Steemit?

Yours
Piotr

Meh not really. Rather have consistent stable growth that forces people to find real methods to earn and makes businesses dependent on real strategies.

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Dear @nuancedthought

Thank you for dropping and sharing your thoughts with me.

ps. I noticed that your last post is 3 month old. Did you give up on posting on Steemit?

Have a great weekend ahead,
Piotr

@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.

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Dear @tinyhousecryptos

I'm one of those who DO appreciate your wallet messages and DO accept them from you
I like how you kindly work with others on here whether they want your wallet messages or not.

I love to hear that :)

I also wanted to make some suggestion.

My impression is, that the hardest part of attracting attention on STEEMIT is the fact, that our audience have very little chance to actually find our publications. Lack of solid notification system is an obvious issue. And regardless how hard I would try - there is very little chance I would find out about your new interesting publications (my feed is just flooded with to many posts).

Please allow me to share some suggestion with you. If you would ever publish content related to blockchain, crypto, artificial intelligence, psychology etc. then perhaps you could simply send me memo with link to that post.

This way not only I would have a chance to read your publication, but I will also upvote it right away with 20k SP voting power. If I would consider it interesting then I may also share it with wider audience.

Please let me know what do you think.

Cheers, Piotr

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Sounds great, thanks! However, when I do post, it's mainly about tiny houses and my own tiny house projects. I mainly "follow" the crypto stuff because I'm not knowledgeable enough to blog about cryptos, so I follow others who are knowledgeable about cryptos and blockchain to learn more about that subject.

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

Posted using Partiko Android