Pages:
Author

Topic: Market Crash 2018: It's History Baby! - page 2. (Read 745 times)

jr. member
Activity: 84
Merit: 1
November 26, 2018, 08:33:09 PM
#35
i think this time would be better if we take advantage of opportunities rather than complaining. when prices crash means the opportunity to invest, if we still believe in cryptos
always taking chances in the midst of uncertainty is one extraordinary trading technique, not all traders can master the situation if prices continue to fall, because most traders always seek profits from time to time, but if they can hold for a while by starting infestations on when our prices fall so we can get a good profit in the future, but all we can do if our finances are healthy, not with the money we owe to the bank, because we will be very burdened with the daily expenses that we have to pay.
full member
Activity: 322
Merit: 100
November 26, 2018, 08:24:05 PM
#34
The year 2018 is going to be recorded as one of the years with the worst cryptocurrency market crash ever.
But hey, this is not the first time for the market crash (remember 2013) and it is not the end of a line for the cryptocurrency.
For me, all I see is another big opportunity to buy more bitcoins. Heck, the bitcoin cash looks awesome too Shocked plus some good looking altcoins.



Yeah, crash not only happening this year but also it already happened from the past, mesning even though theres a lot of fud and negative thinking out there about bitcoin crash, i still have more faith in bitcoin, i already missed the ride last time, so i dont want to miss it again.
legendary
Activity: 2618
Merit: 2304
November 26, 2018, 07:49:32 PM
#33
It looks like we may be close to the final bottom and it would be another typical Bitcoin cycle completed.

if this cycle ends up mirroring 2011, the target is close to $1200. Shocked it would be pretty depressing to see bears threatening the 2013 ATH!

i'm hopeful the crash will end by 85%, near the $3000 support. whatever happens, it probably won't parallel either the 2011 or 2014 cycles to the tee. markets rarely repeat things exactly.

Perhaps this crash will encourage new investors to buy Bitcoin or other crypto currencies. Many people said they regret that they didn't buy BTC in early times when its price was low. Now some of them are likely to be coin holders. New money may appear on the crypto exchange markets due to this collapse. I heard that several trading analysts warned of a bubble in this economic field.
legendary
Activity: 1652
Merit: 1483
November 26, 2018, 07:25:45 PM
#32
It looks like we may be close to the final bottom and it would be another typical Bitcoin cycle completed.

if this cycle ends up mirroring 2011, the target is close to $1200. Shocked it would be pretty depressing to see bears threatening the 2013 ATH!

i'm hopeful the crash will end by 85%, near the $3000 support. whatever happens, it probably won't parallel either the 2011 or 2014 cycles to the tee. markets rarely repeat things exactly.
sr. member
Activity: 685
Merit: 250
November 26, 2018, 06:51:30 PM
#31
Some individual investors and institutions are starting already to increase their portfolio considering the down market. They don't wait for the bottom to reach they just keep on acquiring those coins. Actually, you don't need to wait for the bottom, just keep on buying whenever there is a price drop, then just get the average, they might still ended up at huge discount. This year, 2018, is really go down to the history of cryptocurrency.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
November 26, 2018, 06:11:56 PM
#30
Yet investors are still waiting for the bottom. Bloody but this drops is promising for high returns everyone  should start accumulating slowly now before the prices gets wild, Maybe we will never see this 4 digits price of bitcoin again next year, who knows? These events are keep on repeating and this is a once in a lifetime opportunity and I believe that crypto is here to stay.
member
Activity: 390
Merit: 11
November 26, 2018, 06:07:02 PM
#29
crypto potential continues to increase and also many people already know crypto well but the trend has actually declined in 2018 and prices look bad, reaching $ 3900, but this is an opportunity to add to the investment portfolio and will satisfy in the next few years
member
Activity: 225
Merit: 10
November 26, 2018, 05:54:15 PM
#28
It's really history baby, bitcoin drops to its lowest price this year plus an 11-month long bearish period. What makes this very difficult is that we came from an all time high last year.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
November 26, 2018, 05:46:07 PM
#27
By Bitstamp prices:

-All time high: $19666
-Lowest price hit after ATH: $3474
-Crashed % = -82.33

Looking at the previous Bitcoin crashes:




It looks like we may be close to the final bottom and it would be another typical Bitcoin cycle completed. At $2474 we would be at -87 to match the MtGox crash.

It's been 344 days and MtGox crash was 411, so we would still have 67 days of bear market ahead until final bottom. Of course, no crash is 1:1 the same, that's just some stats, we could have already bottomed, we may go for lower lows quicker and recover faster. The bottom line is, we are close, everyone that was going to sold sold already, now people that still want to sell will wait for an higher price and dump, then that would be it. The next cycle will begin and next ATH will dwarf $20k.


Great graphic, great to get a visual of the various substantial crashes
bitcoin has gone through.
If that graphic is anything to go by we will be bouncing back very
healthily from this crash, bitcoin has always recovered stronger than
the previous high.

It's merely possible to happen mate, and normally after a great crash I can visualize that everything here in crypto was a balanced situation. When you encounter downfalls, eventually after certain struggles you'll be able to sustain and recover back what has been lost.
sr. member
Activity: 791
Merit: 273
This is personal
November 26, 2018, 05:16:02 PM
#26
The question is, how long will it take to recover?

The 2013 market crash took years to get back to the point where it was. Will we see a speedier recovery this time or are we here for a looooong loooong ride? I hope not, but history has shown that these big crashes take time to recover from.

the 2014 bear market (longest to date) took 14 months from top to bottom, followed by 9 months of sideways. we're currently 11 months into this bear market. so that gives us some idea of the possibilities.

i'd say we shouldn't expect a bull market to emerge for a good year from now.
Good point! I do not think so that this bear market is nearly over, Bitcoin have more room to go down and we did not see capitulation candle yet which is with larger volume. Beside that, 2018. year is not over yet, one month in crypto is something like one year in stocks market.
sr. member
Activity: 378
Merit: 250
November 26, 2018, 05:14:22 PM
#25
What bull market? Let's see where the bottom is; if the graphs from the previous page are of any value, we can still some months of corrections.
hero member
Activity: 826
Merit: 500
November 26, 2018, 05:14:13 PM
#24
it looks like bitcoin will soon be replaced with another currency, like technology, first generation computers are replaced by the next generation, it could be that at this time there will be a generation of bitcoin that has better functions and services
Bear market conditions like this, it is better for me to calm down while looking for solutions to cover the losses I experienced with a more profitable real business
legendary
Activity: 2436
Merit: 1362
November 26, 2018, 05:14:03 PM
#23
By Bitstamp prices:

-All time high: $19666
-Lowest price hit after ATH: $3474
-Crashed % = -82.33

Looking at the previous Bitcoin crashes:




It looks like we may be close to the final bottom and it would be another typical Bitcoin cycle completed. At $2474 we would be at -87 to match the MtGox crash.

It's been 344 days and MtGox crash was 411, so we would still have 67 days of bear market ahead until final bottom. Of course, no crash is 1:1 the same, that's just some stats, we could have already bottomed, we may go for lower lows quicker and recover faster. The bottom line is, we are close, everyone that was going to sold sold already, now people that still want to sell will wait for an higher price and dump, then that would be it. The next cycle will begin and next ATH will dwarf $20k.


Great graphic, great to get a visual of the various substantial crashes
bitcoin has gone through.
If that graphic is anything to go by we will be bouncing back very
healthily from this crash, bitcoin has always recovered stronger than
the previous high.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
November 26, 2018, 05:08:10 PM
#22
Yet another list of the history is being written since we had the longest bearish market this year.

How long will it take before we see a bull market, is it going to take 14 months too before we get to the bull market or is it longer than that?

Time will tell and of course it's up to the investors and traders if what would they do to make a change in this market.
full member
Activity: 490
Merit: 123
November 26, 2018, 03:47:04 PM
#21
You could be right but on the other hand it is just so hard to keep some postive view in this absolute panic selling what is going on now. This just shows that there is a very long way ahead of us towards some rational market recovery.
hero member
Activity: 910
Merit: 501
November 26, 2018, 03:01:57 PM
#20
That’s what I am trying to say all the time, it is too early to bury blockchain and its future. "The blow bubble" predictions have bean said so many times and nothing happened, so I am just sitting and watching. Spoiling your nerves and FUDding is the last option.
sr. member
Activity: 2366
Merit: 332
November 26, 2018, 01:54:38 PM
#19
i think this time would be better if we take advantage of opportunities rather than complaining. when prices crash means the opportunity to invest, if we still believe in cryptos

I think that is the best thing to do. For crypto believers, staying positive and seizing the bear as an opportunity to buy into your crushing coins is the way we should go.
legendary
Activity: 3500
Merit: 6981
Top Crypto Casino
November 26, 2018, 01:28:28 PM
#18
Heck, the bitcoin cash looks awesome too Shocked plus some good looking altcoins.

That is 7 days worth of pure hell in the crypto markets--yikes!

I agree that it's probably a good buying opportunity for bitcoin, but I don't have any faith in BCH so I'd stay away from that one for the long-term.  Some of the other ones that might be useful in the future might be worth buying, but I still think bitcoin is where it's at. 

However, even with Bitcoin Cash, you probably could make a decent profit by trading it short-term.  I don't think it's dead or dying even if I lack the aforementioned faith in it.  Other investors probably DO have faith in it and thus will cause it to rebound.  I keep saying this, and it hurts:  If only I had money to buy!!  This is the kind of volatility that can make you big bucks by day trading.
legendary
Activity: 1372
Merit: 1252
November 26, 2018, 01:23:01 PM
#17
By Bitstamp prices:

-All time high: $19666
-Lowest price hit after ATH: $3474
-Crashed % = -82.33

Looking at the previous Bitcoin crashes:




It looks like we may be close to the final bottom and it would be another typical Bitcoin cycle completed. At $2474 we would be at -87 to match the MtGox crash.

It's been 344 days and MtGox crash was 411, so we would still have 67 days of bear market ahead until final bottom. Of course, no crash is 1:1 the same, that's just some stats, we could have already bottomed, we may go for lower lows quicker and recover faster. The bottom line is, we are close, everyone that was going to sold sold already, now people that still want to sell will wait for an higher price and dump, then that would be it. The next cycle will begin and next ATH will dwarf $20k.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
November 26, 2018, 01:22:50 PM
#16
it is not even close to being the "worst" market crash of all times. ...
True. I am not sure what the worst was? As I recall we dropped from $32 - $2. That was brutal by percentage.
Yeah this is during 2011 and that was 95% in total. Those days when Mt.Gox was hacked.

The year 2018 is going to be recorded as one of the years with the worst cryptocurrency market crash ever.
I agree with them that this isn't the worst.

Analysis of 8 Historical Crashes this article is all about the history of those crashes and you may compare what's the worst for the past years.
Pages:
Jump to: