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Topic: Historic BITCOIN crash - page 5. (Read 1101 times)

member
Activity: 168
Merit: 10
Put it all on the line and go for broke
January 31, 2018, 02:34:29 AM
#31
Yeah, I bought in years ago and forgot about them until they made news at the $5000 USD level. Since then, I have learned a lot about the market and I have become a very patient trader in order to build up my positions. I have dabbled in other cryptos but who knows how many of them will survive the week or even the year. If you are afraid of the crash, cash out and keep some FIAT.
newbie
Activity: 109
Merit: 0
January 31, 2018, 02:30:19 AM
#30
Well, only expert knows about that, but I think in the long run, we will always see a little bit of an up move, and then a dip down. Let just continue and believe in Bitcoin.
member
Activity: 112
Merit: 10
January 31, 2018, 02:20:23 AM
#29
Where did you get that Historic list?

Can you be sure that is the real price of bitcoin in the past that crashes down?
Or is it your own speculation?

For me Bitcoin still has the price to believe I can still get it back.
full member
Activity: 364
Merit: 130
January 31, 2018, 02:15:33 AM
#28
There are not really any bad news that are driving this, my conspiracy theory is that there will be a breakout soon and whales are pushing the price down now, to scare the speculators and the newbie traders. They need to buy more cheap coins and the only way to get people to sell their coins, is for them to artificially create a fake "dump".  ^hmmmmm^

Once the price reach a very low point, they will quickly buy up these cheap coins and more newbies and speculators will be pushed out of the market.

I agree, maybe this looks like a manipulation of bitcoin prices, but with the aim that they can buy more BTC at a cheap price and get rid of the instant gain seekers. Well, after making "fake dump", turn the speculators and the newbie traders who become victims. this proves that investing in bitcoin is not as easy as they have in their minds. The winner is the one who managed to survive.

sr. member
Activity: 508
Merit: 250
In CryptoEnergy we trust
January 31, 2018, 02:13:49 AM
#27
You're right. Because this certain phenomena is happening all the time!! What should we do by this? We should try to proceed in buying more bitcoins! That is probably the best way for you to gain more profits. Get a position and hodl.
It was only noticeable now, since many were into knowledge of bitcoin this year, there are newbies who thinks they already losed alot, been holding btc for long and the only crash that seems hard for me before is from last year and see how it moves after that crash, just hold everything will be alright soon.
sr. member
Activity: 840
Merit: 268
January 31, 2018, 02:05:18 AM
#26
You're right. Because this certain phenomena is happening all the time!! What should we do by this? We should try to proceed in buying more bitcoins! That is probably the best way for you to gain more profits. Get a position and hodl.
hero member
Activity: 3080
Merit: 603
January 31, 2018, 02:01:03 AM
#25
Those panic sellers should know about this chart, taking back the time each year that there are crashes that happened to bitcoin. And for those who experienced this before will just this as something that is not so special but a very normal thing.
Bitcoin is overpriced. If people hold bitcoin will never reach $20k. We should sell.
Overpriced? it was at $19,000 before and now at $9,000? Do you think it's overprice?
jr. member
Activity: 322
Merit: 1
January 31, 2018, 01:49:07 AM
#24
let me remind you of this, that this is not the first time bitcoin has crashed very significantly and is not the worst of it all. (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?
How i wish I already knew bitcoin in 2011. I  should be rich by now.
newbie
Activity: 113
Merit: 0
January 31, 2018, 01:34:45 AM
#23
From this history, we can see that the biggest crash was: 2011 jun- Nov: -97%---> From $ 32 to $ 2; so shock.

let me remind you of this, that this is not the first time bitcoin has crashed very significantly and is not the worst of it all. (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?
newbie
Activity: 56
Merit: 0
January 31, 2018, 01:15:03 AM
#22
Bitcoin is overpriced. If people hold bitcoin will never reach $20k. We should sell.
full member
Activity: 1330
Merit: 147
January 31, 2018, 01:12:20 AM
#21
let me remind you of this, that this is not the first time bitcoin has crashed very significantly and is not the worst of it all. (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?

I don't know exactly. Because every crash must be caused by some things. As in 2018, with the popularity of bitcoin has made the country to immediately regulate it, and after knowing what is bitcoin they forbid it. And the latest information is facebook prohibits to promoting about ICO and cryptocurency. Your question about will continue or not depends on the information that comes to bitcoin or cryptocurrency. In fact, for 2018 many big companies decide not to work with bitcoin, I think this is very bad news.
member
Activity: 336
Merit: 10
January 31, 2018, 12:59:07 AM
#20
if based on these figures, it can be assumed that 2018 we can expect a good growth! according to some we can break through the resistance line and descend to 8000, after which rapidly go up! I'm counting on such an outcome!
jr. member
Activity: 224
Merit: 2
The Experience Layer of the Decentralized Internet
January 31, 2018, 12:47:32 AM
#19
let me remind you of this, that this is not the first time bitcoin has crashed very significantly and is not the worst of it all. (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?

Thank you for this, It only shows that the decrease of the price that we are seeing now and the past few weeks has been a trend every year and it's all part of it. After this dip the price of Bitcoin, goes up again. So don't worry and do not panic. Just hold on to your coins and I am pretty sure it will recover again. Smiley
jr. member
Activity: 69
Merit: 2
January 31, 2018, 12:39:05 AM
#18
Some ideas of Bitcoin will increase. Bitcoin works through the trading process. One of his proofs is this. Prices will decrease as it is a normal matter. In the last few years, there are some variations of Bitcoin prices.
jr. member
Activity: 39
Merit: 1
January 31, 2018, 12:38:11 AM
#17
There are not really any bad news that are driving this, my conspiracy theory is that there will be a breakout soon and whales are pushing the price down now, to scare the speculators and the newbie traders. They need to buy more cheap coins and the only way to get people to sell their coins, is for them to artificially create a fake "dump".  ^hmmmmm^

Once the price reach a very low point, they will quickly buy up these cheap coins and more newbies and speculators will be pushed out of the market.

That's what's being spread over the internet, the whale conspirancy, but how you explain the fact BTC went to 19k on Dec 2017 ?
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
January 31, 2018, 12:36:49 AM
#16
There are not really any bad news that are driving this, my conspiracy theory is that there will be a breakout soon and whales are pushing the price down now, to scare the speculators and the newbie traders. They need to buy more cheap coins and the only way to get people to sell their coins, is for them to artificially create a fake "dump".  ^hmmmmm^

Once the price reach a very low point, they will quickly buy up these cheap coins and more newbies and speculators will be pushed out of the market.
newbie
Activity: 18
Merit: 0
January 31, 2018, 12:35:06 AM
#15
The way Bitcoin fluctuates you can  always expect it to crash sometime
full member
Activity: 183
Merit: 100
January 31, 2018, 12:33:57 AM
#14
let me remind you of this, that this is not the first time bitcoin has crashed very significantly and is not the worst of it all. (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?

Yes it happen every year for the bitcoin price. Thanks for the good information you provide. But theres no need to panic if still the value will go down as long as at the end of the year will be an increase. It will bounce back by june to december so hurry up and buy more bitcoin while still on dump

For the time being, Bitcoin is comparable to the Internet bubble, arguably one of the most extreme and largest bubbles. Some people think that the risk of cryptocurrency market growing, investors should be wary of the price callback risk.
newbie
Activity: 1
Merit: 0
January 31, 2018, 12:32:57 AM
#13
I think it's a normal crash. Nobody knows how much bitcoin will change tomorrow.
We don't have to panic
full member
Activity: 476
Merit: 107
January 31, 2018, 12:30:04 AM
#12
let me remind you of this, that this is not the first time bitcoin has crashed very significantly and is not the worst of it all. (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?

Yes it happen every year for the bitcoin price. Thanks for the good information you provide. But theres no need to panic if still the value will go down as long as at the end of the year will be an increase. It will bounce back by june to december so hurry up and buy more bitcoin while still on dump
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