Topic: Historic BITCOIN crash - page 2. (Read 1101 times)
Many of the panic sellers will take lesson from this history view, don't expect a smooth rise in cryptos as always new comers are expecting. Bitcoin is highly volatile and will always remain volatile, we will see many major dips in future too as the community is expending.
Actually this is history of bitcoin and never afraid to invest because we are known his volatility. It's always crashed but it is recovered. So please hodl never do panic selling on your bitcoin. For better and for worst I will invest on bitcoin.
This time, bitcoin definitely did not crash as much as 2013 or 2011.
Not yet, but the 2013 crash lasted until 2015 to go down from 1200 all the way to 200. With bull traps, yes.
In fact, what is remarkable in this crash, was not so much the downward motion. The truly remarkable aspect was that after the pyramid game collapsed, it took of again. So there's hope for yet another bubble, but first, we'll have to go really seriously down, and "lose all hope". When all hope is gone, bitcoin will look like "money" again, people will gain interest, and the next bubble can start.
It seems like you completely discard altcoins which are still present in the picture somewhere. Let's face it, Bitcoin is not quite up to date right now. LN may solve a bunch of problems, but how long will its deployment take? If the whole market goes down, a few alts may eat a solid chunk of Bitcoin's pie. Oh, wait, isn't that what they have already been doing all this time? Anyway, it would be interesting to see how things are going to unfold in this department when "we'll have to go really seriously down and lose all hope". See you there.
The current market condition is staggering with the difficulty of the market to break the $ 10k mark. Can It be a sign that there will be a subsequent low tide after a few days ago had dropped to about $ 7k? Nevertheless, the $ 9k point has become an excellent entry point considering the last bitcoin ATH is $ 20k and it's already crashed more than 50% from the last All-time high.
I think the other way around. If we stablizes at this current price of $9K then I'm sure more investors will come in because they will see that the market has somewhat settled down from a tough month in January. I don't think that this is a case of another bull trap, we have seen enough and this crisis is over unless another bad news enter the picture.
Yes, this is really a excellent buying point. Still not late to buy at this time. And as you have pointed out crashes like this resulted in a big price increase hitting all-time-high.
The current market condition is staggering with the difficulty of the market to break the $ 10k mark. Can It be a sign that there will be a subsequent low tide after a few days ago had dropped to about $ 7k? Nevertheless, the $ 9k point has become an excellent entry point considering the last bitcoin ATH is $ 20k and it's already crashed more than 50% from the last All-time high.
My basic rule for bitcoin dump is! no matter what happened to the prices, just hold tight to my bitcoins and never even think of selling them. And they always gives me nice price boost after every dump. 
I do sympathize with you, even though I am now a little bit worried about this current value but whatever happens I do trust my faith that bitcoin will soon rise again. Additionally, this is the time traders has the chance to buy btc while it was low. And I think many are waiting for this moment or many were surprised by this sudden drop.A correction is expected.of course after the 20k run last december but i don't think many considered it to be this severe. I didn't. But yeah i don't think this should cause us any worries since history's got our backs and clearly, it shows that we should recover strongly. Though hearts have been broken before by too much expectation to i'm a bit wary.
This time, bitcoin definitely did not crash as much as 2013 or 2011.
Not yet, but the 2013 crash lasted until 2015 to go down from 1200 all the way to 200. With bull traps, yes.
In fact, what is remarkable in this crash, was not so much the downward motion. The truly remarkable aspect was that after the pyramid game collapsed, it took of again. So there's hope for yet another bubble, but first, we'll have to go really seriously down, and "lose all hope". When all hope is gone, bitcoin will look like "money" again, people will gain interest, and the next bubble can start.
My basic rule for bitcoin dump is! no matter what happened to the prices, just hold tight to my bitcoins and never even think of selling them. And they always gives me nice price boost after every dump.
I do sympathize with you, even though I am now a little bit worried about this current value but whatever happens I do trust my faith that bitcoin will soon rise again. Additionally, this is the time traders has the chance to buy btc while it was low. And I think many are waiting for this moment or many were surprised by this sudden drop.
So it was a historical for crashed down of bitcoin,sooner or later it will be recovered again and back for increasing of price.Now we know already that it was happening again but it will be back for pump and I am sure that in the middle of the year the price will moving on.
Now, I'm relieved somehow because I already know that the dip happening these days seems much milder than before (based on those data you gathered). My confidence on btc's recovery boost a lot because if btc survived after those horrible downfalls sspecially on the year 2011 where its price dropped up to 97℅, then I'm pretty sure that btc will do it again since today's dip is not too big.
If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
Actually, we can't accurately predict if this dip will continue or not but I guess the recovery of btc will happen by middle of this month. Well, I think both sides are still favorable for us because we can be able to buy more coins if btc will continue dropping and the wait for withdrawals is finally over if it pumps. 
let me remind you of this, that this is not the first time bitcoin has crashed very significantly and its not the worst of all crash. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:
2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496
If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
You forgot the big 2014 crash from $1250 to $380 and ultimately $160. And why are you including tiny dips from 2017 and 2012? None of those are crashes - those are interim corrections within a bull trend. We are just NOW exiting a 2 year bull trend and should see something of greater magnitude from ATH like 2011 and 2014.. 2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496
If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
Some high-rollers are having fun with Buy/Sell walls.
Eat dem coinz
Eat dem coinz
let me remind you of this, that this is not the first time bitcoin has crashed very significantly and its not the worst of all crash. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:
2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496
If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496
If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
Crashes are going to be expected as long as cryptocurrencies exist. I think that there is no doubt about that. You simply cannot expect bitcoin to continue rising without any sort of crashes, that is just going to be 100% impossible.
This time, bitcoin definitely did not crash as much as 2013 or 2011.
In fact, it is around the same size as the crashes that we experienced last year.
I am still quite optimistic that the price will go up despite of this, and settle above $10k. Right now, an all time high will be quite hard to achieve but I think the major support level will be strengthened at $10k.
let me remind you of this, that this is not the first time bitcoin has crashed very significantly and its not the worst of all crash. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:
2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496
If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496
If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
As we can see, January is the worst month for Bitcoin, and winter is also the time, when it falls. Hope that BTC will celebrate its triumph in several months at least. I am waiting for its jump, and the price at least close to 20-25K.
let me remind you of this, that this is not the first time bitcoin has crashed very significantly and its not the worst of all crash. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:
2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496
If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496
If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
We will likely get back where we had started this summer, or rather August, somewhere around $7,000 unless a miracle happens and Lightning Network gets fully activated within the next few weeks. But since it is not very likely, the price has enough momentum to drop lower. Also, we shouldn't forget that the crash we have seen is the strongest after the Gox collapse. It make take very long till we get back on track, and the longer we stay low now, the lesser our chances to rise later. Bitcoin is speculation, and if it fails it is typically game over.
let me remind you of this, that this is not the first time bitcoin has crashed very significantly and its not the worst of all crash. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:
2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496
If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496
If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
The actual crash in 2014-15 was much much deeper. It went down to about $208 on Jan 14th 2015. In other words it wasn't a short 49% crash as you are portraying, but an initial short crash, and then a slow bleed downwards. If you owned in early 2014 by early 2015 you had lost about 76%.
If you don't believe me, look at the graph on Coinmarketcap and hover your curser around the early 2015 prices:
https://coinmarketcap.com/currencies/bitcoin/
let me remind you of this, that this is not the first time bitcoin has crashed very significantly and its not the worst of all crash. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:
2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496
If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
Its good that you stated the statistics from past years as many people in the forum are just worrying too much cause maybe some are new to the forum so some don't remember the stats you stated. By reading this they would get to know that worst have seen in the past years so there is nothing to worry about. And every year there has been a decent percentage of increase at the end of the year. So, just hold on to your bitcoins and wait as the price is gonna rise . 2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496
If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
Yes this statistic brings relief to me and definitely bring relief to all those panic users who are literally crying and gone crazy for a dip as this is not the first time the value has been dipped and this will not be the last dump as well. This time of the year all the regulators and some government have decided to bring down the value of bitcoin so they are coming up with all these useless regulation I doubt they might try to reinvest into bitcoin when the value drops down to the lowest and again cash out once the value reaches high.
This has been a major crash in the entire history of bitcoin. It has lead to the drop of value marking a drastic change in the value in a much shorter time period. This has termed to be the reason for the fall the fall in value and marketcap of most of the altcoins listed.
I think it will continue in February, and can drop to 4k in a worst case scenario (and even with that, it would last only some hours).
I will not bet on it though. I nearly got squeezed by that bounce between december and january. I will hold in cold storage. It can revert at any minute and start a intense bull run, without any notice. We dont know what is being discussed at the back of those futures markets.
Also, pay attention to volume. Theres fewer and fewer people selling at the current price. It looks like a group of whales (or even a single whale) is selling low, but they will run short of bitcoins sooner or later. The fees have decreased and people will be able to move their new bought coins to cold storage without too much of a hassle, so the volume can drop easily from the exchanges, which will increase the price.
I will not bet on it though. I nearly got squeezed by that bounce between december and january. I will hold in cold storage. It can revert at any minute and start a intense bull run, without any notice. We dont know what is being discussed at the back of those futures markets.
Also, pay attention to volume. Theres fewer and fewer people selling at the current price. It looks like a group of whales (or even a single whale) is selling low, but they will run short of bitcoins sooner or later. The fees have decreased and people will be able to move their new bought coins to cold storage without too much of a hassle, so the volume can drop easily from the exchanges, which will increase the price.
let me remind you of this, that this is not the first time bitcoin has crashed very significantly and its not the worst of all crash. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:
2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496
If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
Its good that you stated the statistics from past years as many people in the forum are just worrying too much cause maybe some are new to the forum so some don't remember the stats you stated. By reading this they would get to know that worst have seen in the past years so there is nothing to worry about. And every year there has been a decent percentage of increase at the end of the year. So, just hold on to your bitcoins and wait as the price is gonna rise . 2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496
If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
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