Topic: Historic BITCOIN crash - page 4. (Read 1083 times)

makes previous histories crash for reference bitcoin price movement indeed that's pretty good because we can determine time to sell or time to hold but in my opinion every year will not always same happened and this year was very curious to figure out whether the price will recover soon or the price will decrease again

Corrections, not really crash. We're still higher than where we were 3 months ago. Bitcoin price jumped too fast at the end of last year, it wasn't sustainable to keep so high prices.
Now we're still around the 10k$ support, which haven't been really broken yet. It may however if bad news still occur in the near future. We may go down to 8 or 6k$ eventually.

No one can tell what may happen next. It still the system will create and make the changes. Dont depend on the history of it because sometimes there is still a miracle and magic. One day, maybe it will be boom which people will be proud and shock of. So just be responsible and wait for the perfect oppurtunity.

I think it's quite normal, and it won't make bitcoin go extinct.
This is a corrective adjustment for the better development of bitcoin.
It will soon return to normal.

I understand corrections happen and I fully expect the market to recover from this, but I always see the expectation for recovery no matter what. Many people think it is very cyclical and predictable. That is never the case. Why do I always see 'bitcoin will bounce back' posts but never 'this is what will have to happen for bitcoin to never recover'. I understand the chances that Bitcoin crashes forever are slim to none, but we must calculate all possibilities. At what point does Bitcoin have to reach before the sentiment is that we will not recover? Or better yet, that it will not recover to previous highs. I keep seeing Bullish statements and positivism is a good virtue to have, but for once I'd like to see an argument in the other direction. Does it have to drop down 98% before we would have bearish thoughts? Does it have to lose so much in a certain period of time? Like I said, I am positive it's a simple correction and that we will atleast hit $50k Bitcoin in 3 months, my opinion, but I would just like to see counter arguments.

As i said to people earlier, this correction is happen every and this is not the worst one.
But i dont have the proof of it. But you post the list here and its good to inform every not to panic at all.

     great observation. i just wish a lot would also be doing the same before believing other people's predictions that are mainly fud and spreading these unverified fuds(to do their own research and observation). because clearly, if everyone does this, i am sure that less people will be losing big capitals(due to the fact they they are investing in the wrong time) or losing the chance to get a higher potential profit.


      now, although i can say that your observation is quite good, this is not enough to justify dip of this year. because even though the percentage of the drop is somehow kind of reassuring, i honestly think that this year's dip time frame(the speed or how fast the dip has happened) is somewhat the fastest compared to the past years which happened all in just a month. but that doesn't mean that this is something that is really bad. in fact, i see this as a healthy thing to happen for the crypto world. its just that the speed of the dip really worries me. but nevertheless, i still believe in bitcoins and still am invested on it. my point is that, before investing, every investor should really do the needed research and study their decisions very hard. they owe it to themselves.

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EDIT : i gave you a merit because you clearly deserved one. good day.

Yes, and hope as always bitcoin will recover.

On what basis do you say that? no wonder, maybe you are still new in the realm of cryptocurrency. What needs to be underlined is the limited number of bitcoins while the demand keeps increasing every year. Back to the law of demand and supply, when demand is high, prices will go higher. Meanwhile, the survey showed 60% of USA residents know about bitcoin and only 5% have. Only 5% and it represents the average number of people around the world who have bitcoins. Do you still think bitcoin overprice?

For example, if we compare bitcoin with gold by market capitalization,

Thanks for your Historic Percentage comparison.If we analyze all of these crashes our mind will certainly think that why it rose again and again.Due to series of crash still people around the globe put their investment in BTC trading,they understand that BTC is a pioneer in the digital currency,it has huge potential to offer something to its investor.Its crash history clarifies that it has potential to correct every year.2017 was breakout year for BTC,It rose to top height 19783 and went down by 33%.Lets be bullish on its price in 2018 a tremendous increase in 2018.

Yes, indeed this situation often happens, and this is not the worst, hopefully it does not get any worse, now it's best to buy and hold it, I hope this situation quickly ends, and back to normal in february, for situations better.

Why do you think it can not reach the $ 20,000 price? If everyone thinks like you and sells everything, they have here it will be a bad thing. The thought is that this stupid choice makes Bitcoin prices go down faster instead of going up again.

For me it's the risk of bitcoin investment so people may aware of bitcoin crash and uptrend everytime.
But in other side , bitcoin able make you , profit more than you can earn in 1 month ( salary )

I'm still have faith on bitcoin so just keep hold it !

Thank you for this information so far right now Ive got an idea on what happens to bitcoin price 7 years ago.So far right I even if I know the summary I am still afraid because we cant predict what will happen to bitcoin this year so I hope that bitcoin wont be gone so that many people will continue to earn for their future.

It is impossible to make predictions related to bitcoin, and I cannot say that we have crash of bitcoin now, I think we just have after boom stagnation. That's it.

Nice summary! Maybe today with CME futures is the next partial crash day?
Here is a fun web to vote for when the next major crash could be:

http://whenwillbitcoinbubleburst.cognitionis.com

 

Do not expect too much, history does not guarantee future results. You can base your investments from it but it is not a sure thing. You still have to get updates always and read the news to know if it will still go the same trend.

This is just his analysis when we come back with the history of bitcoin and I think it always happen the same thing. The history always repeat itself but then, we cannot say that this is really true.
I think the price of bitcoin will go the same way because it is a conspiracy of the whales in order for them to gain more profits.

It's a very good analysis of the past but we all have to be aware that this is a very volatile market and we need to maintain our portfolios accordingly. Hope in the future bitcoin will again reach the level highest it reached earlier and aiming more r heights. Optionally other altcoins also will start getting boom of there is proper back up of product or technology for the altcoins to survive in a longer period.

it's okay that bitcoin falling time to time. It always coming back to it's price and than higher. It's all okay and we need just wait or maybe invest