Topic: New biggest crash since 2013? (Read 258 times)
In terms of absolute value lost, then this is by far the largest crash in history. However, in terms of relative value lost, there have been several more than 90% crashes since the beginning of Bitcoin, but these were in the early days so there wasn't much craziness like there is now. I don't think this crash it the same as the others, hence why it is taking so long to recover from.
Don't think so. It's 3rd bitcoin's crush in history and the previous two were harder, check the chart. But after every crush we've seen a new ATH
I will remain confident and always think that the market will progress and develop to become better, and I believe the market will become even bigger.
Actually the situation was much worst back then. There was a fall of almost 80% in the market of Bitcoin and it looked like it is not going to survive anymore however applying the concept of marginal benefits, the technology had to grow further. Many famous people had invested that time and held onto their coins which had grown immensely in value in 2017. Same will be the case this time despite the fall in the market.
Actually we have had something close to it already even though it is not as much as 80%. So far, it should always be expected that things like this should happen as long as greed sets into the market at times. One thing I have always noticed right from the onset is that, there is absolutely no way you can push a price manipulatively upward when there is really no serious demand except people wanting to get rich and expect that it won't have to correct. It does not happen that way!The market of cryptocurrency is yet to jump back and I am not sure if this market bearish situation is the most singular biggest crash since 2013. I think the cryptocurrency market is correcting from the rise of 2017 marker. Things should get back in time as all the negative vibes disappear!
Corrections are always a normal thing in the market and so far, the correction we have had so far has been a very healthy correction and I would not necessarily call it a big crash. Things and times are changing pretty fast, and no one absolutely knows how things would end up panning out as we forge ahead, but so far, the market looks like it is ready for some pretty good uptrend at least for the short term, and I guess at this stage, we will just have to wait and see how far it eventually goes. 
The market of cryptocurrency is yet to jump back and I am not sure if this market bearish situation is the most singular biggest crash since 2013. I think the cryptocurrency market is correcting from the rise of 2017 marker. Things should get back in time as all the negative vibes disappear!
It will bounce back thats for sure. This happened because of profit taking scenario.
Actually the situation was much worst back then. There was a fall of almost 80% in the market of Bitcoin and it looked like it is not going to survive anymore however applying the concept of marginal benefits, the technology had to grow further. Many famous people had invested that time and held onto their coins which had grown immensely in value in 2017. Same will be the case this time despite the fall in the market. All crypto coins will also increase in the future because now the price of coins is now falling short but soon they will have to wait for the price to wait a long time.
Yeah I also hope so, but till this time investors are disappointed from the current situation of the market. The price is not increasing for many months and it is not good for cryptocurrency market. People wonder what to do. Withdrawal is also in debts and holding is also not beneficial. The situation is very dangerous, but I am hopeful about the bright future of cryptocurrency.
It will bounce back thats for sure. This happened because of profit taking scenario.
Hey guys
what do you suppose, will the market jumps back up or it's the biggest sales campaign after 2013?
what do you suppose, will the market jumps back up or it's the biggest sales campaign after 2013?
Actualy,i've never have been point of view of what happens on cryptocurrency on the past year 2013,because im the middle only as a part of the community of this cryptocurrency world,otherwise since from research and knowledge about this crypto era this bearish situation that we feel now is not only happen this year,because there are also previous year situation thats market are in bearish,and its fully recover ,therefore we should not fear this happen in the market now and we only believe thats all test have an solution.
Indeed this is the biggest crash and on average those who make portfolios suffer losses of up to -70%, I think this is worth the increase of even up to 150% in 2017. Based on volatility I think if there are still many communities that are active in making investors put their money in cryptocurrency this will make an increase, only with the current conditions it would be better if we see what is happening in front of us.
I only saw one big crash after 2013 and that was in the start of this month when the price fell down to as low as it is today from almost $20000. It is a big loss for all the investors and those who sold their bitcoin for $20000 made thousands of dollars in each bitcoin. That was the worst time in the history of bitcoin. People were not expected that but it is business and we should accept this thing.
All crypto coins will also increase in the future because now the price of coins is now falling short but soon they will have to wait for the price to wait a long time.
Indeed this is the biggest crash and on average those who make portfolios suffer losses of up to -70%, I think this is worth the increase of even up to 150% in 2017. Based on volatility I think if there are still many communities that are active in making investors put their money in cryptocurrency this will make an increase, only with the current conditions it would be better if we see what is happening in front of us.
In 2013 the price of Bitcoin was going down 90% from $1200 to around $250, but after that the price going up back to the highest price even now higher than that price. From this historical price, we will understand how high volatility of cryptocurrency. And in long run many crypto have potential to going up back to the highest even surpass that level price.
There was a way to many attach and crashes in 2018. Somebody is trying very hard to produce the crash of the market. It was made by multiple different persons, but very powerful people, who are very afraid of crypto currencies and the things that they can give and bring to people and the public in general.
Multiple attacks over cryptocurrencies this year.
If I am Satoshi, I will be fed up completely and stressed up.
First hacking on hacking on various exchanges and mining sites is the biggest problem we faced and followed by that dumped fallen mor.
ICO regulations and exchange regulations from various country made damage more cryptos.
Later fake news and whales. They pulled down the bitcoin and altcoins down.
After all these things happened still our giant Bitcoin is standing boldly in the marketplace as kingmaker. Salute to bitcoin.
If I am Satoshi, I will be fed up completely and stressed up.
First hacking on hacking on various exchanges and mining sites is the biggest problem we faced and followed by that dumped fallen mor.
ICO regulations and exchange regulations from various country made damage more cryptos.
Later fake news and whales. They pulled down the bitcoin and altcoins down.
After all these things happened still our giant Bitcoin is standing boldly in the marketplace as kingmaker. Salute to bitcoin.
For sure, the market would surely bounce back. This is like what happens steadily in the market. After the crash in 2014, it still rose and made new highs and this won't be an exception. You need need to believe in this amazing technology
Well, this year has also presented new challenges that were not faced in previous years, such as regularly pressures, ETF approval and rejections, multiple hacks and setbacks etc, all of this takes its toll on the industry and has lead to the terrible market that we see now. All bad times eventually come to an end, and this will be no different.
Yes, the market will bounce back, don't you worry about that 
This year is more like 2015 or 2016 with a lot ups and downs and the price remaining relatively constant.
So, if you're hoping for increases like you've seen at the end of 2017, you can forget about it
This year is more like 2015 or 2016 with a lot ups and downs and the price remaining relatively constant.
So, if you're hoping for increases like you've seen at the end of 2017, you can forget about it
Lol. I wonder how many people were still dreaming for the December 2017 dream. Those were the golden age for selling but was quite regretful to be tempted to hold even more. We're like flat in 6k+/USD right now and yet it barely breaks through 8k. The previous increase last week that was up to 7k made me think that this would just be a short-term bull run then it will go reverse once again. I was quite right about it though.
Hey guys
what do you suppose, will the market jumps back up or it's the biggest sales campaign after 2013?
what do you suppose, will the market jumps back up or it's the biggest sales campaign after 2013?
Probably like post Mt. Gox heist. We experienced bearish trend for so long that people lose hope, just like we witnessing right now. Too much anxiety and disappointed on people as evident of numerous threads asking what to do or something like that. Of course everything will come back, if there's something that we can hold on right now, its bitcoin past history. Just like I said, it took almost 2 year to bounce back but boy once it gets up, its really unstoppable. Forgot about the 2017 thingy though, we won't see it happening this year at least. Newbie investors are still in shock and in denial stage, but the sooner you accept the situation, the better is it for you.
I still believe that the market will soon rise again, and I strongly believe that bitcoin has enormous potential for the future.
At the least, one thing for certain is that the market is more matured than 2013 and that is a good thing. Market cap has increased over time, we tend to see less volatility even though it is still there but comparing to the likes of 2013, is a lot lower. This to me is a just a huge correction which is normal. A lot of people have noticed this happening after the bull run and then history repeating itself again, some listened and some still joined FOMO anyway. Let's see how much this one would go.I would not compare them, but definetely it is another big crash similar to one in 2013, then we also should know that recovery will also take lots of time before the next bull run.
Yes, anyone who is smart enough and has been able to learn what actually makes the market tick in terms of the future, will know that there is a lot more to come in the future for the growth of the market which is the reason why certain people tend not to bother much about the movement of the market in the short term but prefer focusing most of the their attention to what the future holds. The potential is there and things would get better than now, and that is worth waiting for. Jump to: