Topic: Are we repeating the 2014 BTC crash??? - page 6. (Read 14571 times)

percentage wise yes, and this time at ten of thousands the magnitude scale

It's true that the bitcoin price is fluctuating, so I'm sure it will give us hope that bitcoin will manage all the issues so far and at the end of 2018 will show the price predicted by crypto experts and it's time to buy coin2, so we can get a profit at the end year 2018.

There is no a lot of difference between correction and crash, but that's only different from the phrase of the word.

It doesn't matter how people called it as. But we are at another downtrend again. The bottom will be appearing as soon as possible; It takes a short time to get another bump still after that.

There is a lot of tax news to the crypto right now.

There wasn't any crash on 2014, there was just a dip, and it was not even caotic like it is.

Just hold, dont sell anything.. Maybe you meant the crash of 2013, that was a REAL crash, and i am sure that it wont be the same as this one.

The price of the bitcoin start decreasing again we don't know until when the bitcoin decreased the price more or it will be stable or become high again. I hope the price crash happened last 2014 will not happen to this year.

I did not believe that the situation could happen again for the following reasons:
- the total capitalization of crypto has grown significantly since 2014.
- many countries have adopted Bitcoin.
- The crypto industry has developed significantly since that time.
But the market continues to fall and very unpleasant feelings creep into my mind more and more))

Times are good in my eyes, this is very understandable after such a huge pump, of course we will have a big correction phase, the difference between 2014 vs now is the amount of people who know about it, once we see good stability people will grow in confidence and we will have plenty of room for growth, I like the idea of being in a good position with the market at 250 billion rather than at 800 billion, much more room to grow now!

I don't mind if this goes on a bit longer, I'm in a position where I can buy quite a bit each month, more BTC for me + more room to grow can only be positive long term.

keep buying at the dips if you've got the money spare, don't be buying more than you can afford, food, bills and living comes first, with what's left just buy and take a longer term approach, the biggest mistake people make with trading is expecting to get rich quick, if you set yourself up right you can get yourself well a head in life vs just wanting to double up for a new phone or something meaningless.
during a bull market it'll leave most people quicker than they can buy, the best traders buy in fearful markets and sell in positive ones.

Also if you don't have the experience to really narrow down on good projects, just hold BTC till we go a bit more bullish, then the risk on altcoins will reduce, right now alts are a bit risky for the inexperienced types and you may end up losing BTC value, the alts are losing value greater than BTC and only a few are holding strong or gaining a little profit.

It could but historically we should be entering the recovery phase soon....it doesn't mean there will be no more dips but the movement should be upwards in general.  Then again, this is crypto world so anything can happen.

For me, I want to believe that the "suffering" is about to end.  Either I am correct or I am entering the denial zone. LOL 

How bitcoin overcome this straggles? Why this wont end? Bitcoin recover in short term and then it will happen again the price dump all cryptocurrency affected.

For me it is not the same situation cause i think that this down will last longer and after next few months the prices will just pump but we need to be patient for more time.

Yes it's not good if you sell your bitcoin, but what if you need a money for an emergency? Of course you will be forced to sell your bitcoin for it.

it sure seems like it but i also hope like you that we snap out of this soon!

What is your definition of correction vs crash?

This is definitely a crash but I agree that recovery will start soon.  Before that, we might see the bottom today (if not tomorrow).

You can compare the crash of 2014 and the correction right now. The market cap has hugely increased since then. This is just normal (and probably healthy) price correction for an asset. It also prove that Bitcoin and generally crypto is not in a bubble. I don't say that the price can reach its peak like in the end of 2017 but market will soon recover

Dumb money come in,dumb money went out I am waiting for next wave.

The system look the same and that gives us hope that bitcoin and cryptocurrencies to overcome this clash. I believe that 2014 and 2018 is showing the same price pattern and we believe that now should be a buying and accumulating moments and not really a selling or distribution moments.

If the 2014 trend is followed, last major dip (bottom) may be coming the next 24 hours (or so).  This could be painful to watch...

I agree on what you've said and if market is red just hold and wait till the market became green again . It's not good if you gonna sell your crypto or btc . Right now it's the best time to buy and HOLD .

You can either bury your head in the sand or face it and use it to your advantage.

I did not say it will die...rather it will crash like 2014.  Look where we were in December 17...likewise, I know it will recover.

how much nonsense will continue to be heard, too many negative news circulating at this time, your question is also the same thing with negative issues, i will answer your question bitcoin will not repeat the same accidents that happened in 2014, you can see later in the future you will find the bitcoin is at an unexpected value, so far I continue to think positively on the development of bitcoin and not really care about the nonsense in circulation at this time,