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The price of Bitcoin rises – the Bull Run or bull trap? The situation on Wednesday

the The price of Bitcoin could attract in the last few days. It also looks at the most crypto-currencies of the Top 20. If Ethereum course (ETH), Ripple price

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The price of Bitcoin rises – the Bull Run or bull trap? The situation on Wednesday
the The price of Bitcoin could attract in the last few days. It also looks at the most crypto-currencies of the Top 20. If Ethereum course (ETH), Ripple price (XRP), IOTA-rate (MIOTA), or the Stellar lumen rate: increases in the double digits in the past week are not uncommon. The question that is of concern to the crypto Community now: we Have to do it with a long-term development? The current increases are the next big Bull Run? Or is it the case, however, only a Bull? The situation on Wednesday.

By Phillip Horch
15. May 2019BTC$7.943,00 -1.80%Facebook Twitter LinkedIn xing mail

As the price of Bitcoin the 8,000-US-Dollar-mark on the 14. May left behind, was trying to the bull market. Finally, a look at the course confirmed histories: with a few exceptions the Figures of the crypto classes colored green. The Ripple price (XRP) could, in the meantime, even within 24 hours, a good 20 percent. Time to take a look at the fundamental side of Bitcoin & co. Bull Run or bull trap?

ICOs belong to the past Alternatives make a wide

While the price of Bitcoin had reached its last all-time high, there were three letters to be at least as high in the course: ICO. The possibility of using Initial Coin Offering to collect in a short period of time, a lot of capital, not attracted, however, only serious entrepreneurs. Also – and in retrospective, these seem to outweigh even cheater detected here's your Chance. The result: Today's romp in the Blockchain-the cosmos more than 2,000 crypto-currencies, of which the largest part is probably one of those ICO-wave. The least to be used, because only a few Benefit.

A Good of these developments nevertheless, The cryptographic Community has learned from their mistakes. The Ecosystem was able to tire and to prepare the next wave. If Security Token Offerings or Initial Exchange Offerings: The new Alternative to ICOs are seen as a serious and well-founded. Overall, then, in terms of new Coins suspect: The Ecosystem has matured, the Sh*tcoins can slowly die out. 1:0 for the Bull Run.

Bakkt brings BTC Futures

After a long Winter, a long summer – the whistling follows, at least the swallows from the roof. In the Blockchain Ecosystem, which could be available in July. Because from the looks of it, Bakkt at the end of July the long-awaited Bitcoin Futures from the home. The announcement coincided directly with a rise in the Bitcoin price. Finally, the Futures exchange has the right to Bakkt an Initiative of the major Intercontinental Exchange; a heavy-weight in trade with options and Futures.

Although the start date is not yet out, still we dare to have a positive bulls-standings and say 2:0 for the Bull Run.

The carpet for institutional investors is rolled out

Institutional investors are regarded as promises of Salvation in the crypto-community. With them, the widespread hope, comes also the big capital in the Market capitalization of crypto-currencies in the world. So far, those were, however, to wait for: The Ecosystem was considered to be uncertain, the lack of control of crypto-currencies was commonly seen as a stumbling block for the "big players".

The more positive the message is to interpret, that the insurance giant has been issued by Munich re, the FinTech company Curv a Police, after the investment in crypto-currencies to be secured against theft. Institutions and organizations may enjoy the protection of their deposits in the amount of 50 million US dollars. All this does not dispel the concerns of institutional investors. Nevertheless, A step in the right direction. 3:0.

conclusion

The examples chosen are just what they are: examples. They were looking for negative messages, these would also be not far. So the last word in the Case of BitFinex is not spoken, for example, for a long time. The recent Hack of the Bitcoin exchange Binance is not just that you want to throw it contrary to the crypto-Ecosystem trust. However, None of these messages could make it to throw in the Bitcoin Ecosystem out of balance. Rather, it remained stable, with the rates further to attract. One more reason to be bullish.

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