if I say agree with your analysis, I will say YES, I made a thread here too https://bitcointalksearch.org/topic/bitcoin-prediction-2020-2021-5043315
so I think what happened in 2018 is almost similar to 2014, if you don't believe this is my picture for an analysis for additions to this thread, hopefully useful
2012 - Bitcoin halving
2013 - go to the moon
2014 - hacking problem from MTGOX and others
2015 - Bitcoin prices wake up from the downturn
2016 - Bitcoin halving
2017 - go to the moon
2018 - the bitcoin problem is usually about HACK
2019 - Bitcoin prices wake up from the downturn
2020 - Bitcoin halving
2021 - Huh You know it
http://www.bitcoinblockhalf.com
Topic: Are we repeating the 2014 BTC crash??? - page 2. (Read 14571 times)
Everyone is trying to explain why Bitcoin and altcoins crashed in early 2018. There is only one explanation: FOMO. Nothing else, Bitcoin was bought by people who cant even work with computer...
If history repeat itself. Then we have a bright future. Because after the drop in 2014. Bitcoin starts to recover. And reach its all time high every year. So lets wait what will happen in the coming months
What happens in the past is different from what is happening at this time. The drop is truly alarming. But still believe that it can recover anytime soon.
For me it looks more the same when China started to ban BTC) But charts looks like 2014) agree)
But why everybody is talking about regulation, laws. IMHO crypto is something that can't be regulated, there is no need in laws here. Price of crypto must depend just on users and merchants who accept crypto. Hope that fall of crypto is over.
But why everybody is talking about regulation, laws. IMHO crypto is something that can't be regulated, there is no need in laws here. Price of crypto must depend just on users and merchants who accept crypto. Hope that fall of crypto is over.
Yes, it is look like 2014 when cryptocurrency stood and many stopped believing in it. I hope the history will repeat and who will not leave the cryptocurrency will earn a lot.
These new topics keep popping up, displaying new charts and graphs with analysis, and all are meaningless.
Price of bitcoin is very volatile, right now price is going down now and maybe tomorrow it will go up again. We are just in a dip and bitcoin is in a healthy correction and it will recover sooner or later. It is a bad time to sell your coins, so hold!
Price of bitcoin is very volatile, right now price is going down now and maybe tomorrow it will go up again. We are just in a dip and bitcoin is in a healthy correction and it will recover sooner or later. It is a bad time to sell your coins, so hold!
I think not. In 2014 there was a completely different situation. Now the crypto currency has become widely known and popular, it can be legalized at the state level. I do not think that we can talk about the collapse.
Putting it in figures, in late 2013, the fall in cryptocurrency was very huge and a total of 80% fall in the value of Bitcoin was recorded. A whooping fall in the total market capitalization as well. The situation this year has not been so different as well.There has been a huge fall. ETH is down from $800 to less than $300. Bitcoin showed below $5000 as well. The small coins in the market disappeared and a whole recession has been recorded with the market being stagnant for long. This is expected to change till the next year.
Yes, the crash has happened. Now we have to wait for a recovery. I don't know for how long we are going to wait before a recovery.
Perhaps, after all, the situation is more or less similar,and everything happens in one scenario, so you should still take into account the factor that bitcoin has already fallen earlier, but then rose.
I find the market behaving strangely. There are so many good things happening, btc transactions are fast and cheap, big names buying into crypto etc. but interest has fallen down so much, the price and the volumes. Its odd. I mean its way up from 12 months ago, but still, given how much better it is now its strange the price doesnt follow and keeps bouncing up and down in this small range.
It is at a crossroad...
- it got noticed by many weak speculators last year who dumped in the 1st sign of trouble.
- governments started acknowledging crypto (which is good) but introduction of regulations, taxes, etc also caused anxiety.
- new big investors (whales) are coming in and likely manipulating the market.
- etc.
- etc.
It is finding it's place and balance right now and as far as I am concerned, it is a good thing.
I am confident we will come out with a big bang...the only question is how soon.
BTC is still tracking the 2014 crash which took 3 years to recover. I think this time recovery will be sooner...hopefully before fall...this year or next???
I think that we do not. Then the situation was different. Now the crypto currency is being legalized at the state level. About collapse we can not talk
Stop with those charts. Bitcoin is not FOREX.
Current situation situation have nothing in common with 2014. You can't compare 2014 market cap with the current nearly half a trillion market. Dips like this is completely normal for crypto's.
Current situation situation have nothing in common with 2014. You can't compare 2014 market cap with the current nearly half a trillion market. Dips like this is completely normal for crypto's.
Agree with you bitcoin's very different from Forex although there is the same thing, it is just a coincidence factor because they have a bond to both.
Bitcoin is highly speculative its value can change at any time unnoticed. Yes 2014 is a sad year for bitcoin growth, where insults and ridicule come and go blanketing its growth.
I think not. In 2014 there was a completely different situation. Now the crypto currency has become widely known and popular, it can be legalized at the state level. I do not think that we can talk about the collapse.
2014 was a way too horrible and painful year for bitcoin and whole digital market than the recent crash and I also think that we will never face such situation ever again in future. Nobody can deny fluctuations that will occur over time but the market especially bitcoin has grown a lot stronger than it used to be back then. It is the most expensive and beneficial asset we know so far. 
I think not. In 2014 there was a completely different situation. Now the crypto currency has become widely known and popular, it can be legalized at the state level. I do not think that we can talk about the collapse.
The pattern seems the same, but reasons are different. And as the fundamental reasons are different, there is no point saying current correction repeats 2014
Exactly, maybe charts are showing the same but the value of Bitcoin is completely different, there are many different why bitcoin price is declining because of people ways to sell their coins at the current price of bitcoin.
I don't think that btc will crash repeating the same trend last 2014. In the case now, the value aren't the same. At the same time 2014 investors are not that many like this year. One of the biggest factor that helps btc elevate is the investors demand in the market. The greater the demand the larger the price. And btc already learns it's weakness last 4 years. And therefore they already have actions or strategies so that crash will be avoided.
You are totally right. Current market drift has challenged all graphs and has demonstrated them inadequate in the current circumstance. The present plunge is the thing that I call typical adjustment which is ordinary in the crypto space and once the remedy is finished, everything backpedals to commonality. Shitcoins with no genuine utilize cases will not survive the present plunge which for me is a method for weeding them out.
The pattern seems the same, but reasons are different. And as the fundamental reasons are different, there is no point saying current correction repeats 2014
Exactly, maybe charts are showing the same but the value of Bitcoin is completely different, there are many different why bitcoin price is declining because of people ways to sell their coins at the current price of bitcoin.
I don't think that btc will crash repeating the same trend last 2014. In the case now, the value aren't the same. At the same time 2014 investors are not that many like this year. One of the biggest factor that helps btc elevate is the investors demand in the market. The greater the demand the larger the price. And btc already learns it's weakness last 4 years. And therefore they already have actions or strategies so that crash will be avoided.
The pattern seems the same, but reasons are different. And as the fundamental reasons are different, there is no point saying current correction repeats 2014
Exactly, maybe charts are showing the same but the value of Bitcoin is completely different, there are many different why bitcoin price is declining because of people ways to sell their coins at the current price of bitcoin.
I don't think so, still strong at $6k in the past few weeks and we have a rise at $8k. Many have predicted that we are going less than $5k before when we are still in fall in the beggining of the year but look it rise again now. If ever history repeat itself then we have nothing to do with it but to buy and wait for price increase again but still I believe it won't going to be the same as 2014.
Jump to: