You forgot to mention the USDT / Bitfinex is in a way unfolding to look like another MtGox ??
We'll see. I don't think we're entering bear market anytime soon but we'll see.
Topic: The BTC Correction/Crash of 2017/18 is a CARBON COPY of 2012/13 (Read 361 times)
December 30, 2017, 09:18:57 AM
Well, I'm still not wrong.....
December 26, 2017, 09:44:30 AM
In 2013 there were at least two more crashes - 10.04.2013 and 19.11.2013. Have a look especially at 19.11.2013 - what a crash 900 to 460: 
And yet the rally was not over.
And yet the rally was not over.
December 26, 2017, 08:24:22 AM
Its not carbon copy of 2012/2013. If this is going to copy of history i will not sell my coins at bottom as same in history.
I will buy more and everybody is going to do same with me. So this will not be a copy of 2012
I will buy more and everybody is going to do same with me. So this will not be a copy of 2012
December 26, 2017, 06:39:33 AM
I can't believe you actually said "CARBON COPY" of the Mtgox crash.
First, you need to know what carbon copy means. Second, the was no crash, what we saw the first major correction the likes we haven't experienced before since we didn't see support during the uptrend of the last 6 months or so. And finally, I might consider discussing the possibility of a bear market when the price reaches 4 digits again.
First, you need to know what carbon copy means. Second, the was no crash, what we saw the first major correction the likes we haven't experienced before since we didn't see support during the uptrend of the last 6 months or so. And finally, I might consider discussing the possibility of a bear market when the price reaches 4 digits again.
December 26, 2017, 06:04:15 AM
What crash 
Did we have a crash I missed ??
Did we have a crash I missed ?? 
December 26, 2017, 05:59:51 AM
I can say we have thousands of this type of predict and many has saying a lot of thing relating to what happened in 2912/2013 and many charts cutout to support there claims. I think Bitcoin has died and clash ed several times based on people's speculations and thinking on the directions of price. In my opinion Bitcoin has come to stay and we should expect it to move faster at this early stages than predicted doom for it. I think we have a long way to go as far as Bitcoin bullish market is concerned and any bearish tendency should be look as little corrections.
December 26, 2017, 05:52:17 AM
There was mutliyear bear market after 2013 ATH?
Look at this chart:
https://charts.mql5.com/17/101/btcusd-w1-simplefx-ltd-btc1314.png
I see bear market from Dec-2013 to Dec-2014, then a range till Oct-2014 and bull market.
Looks likes anything below exponential grows is considered as a bear market
Look at this chart:
https://charts.mql5.com/17/101/btcusd-w1-simplefx-ltd-btc1314.png
I see bear market from Dec-2013 to Dec-2014, then a range till Oct-2014 and bull market.
Looks likes anything below exponential grows is considered as a bear market
December 26, 2017, 05:17:42 AM
Bears with shaky broken TA skills are becoming too many I give up getting angry about it 
December 26, 2017, 05:09:00 AM
bitcoin price not crash but only corection price
and today bitcoin price incraese again, problem difference with 2012/13
and today bitcoin price incraese again, problem difference with 2012/13
December 26, 2017, 02:43:43 AM
a bear market ?? so what ,i will not sell my bitcoins anyway ,because bitcoins will moving up eventally.i do not care about how many years .bitcoins is in a long term bull market ,every correction is a buying chance。
December 26, 2017, 02:38:05 AM
December 22, 2017, 07:13:19 PM
Another similarity between this crash (it's not finished yet, you'll see) and 2013 crash, are the bulls that are in denial. Just like the bears that are in denial during the bull run, making FUD after FUD, the bulls are doing the same thing now.
December 22, 2017, 06:58:11 PM
Don't consider what happened today as crash. I consider it as just a correction and definitely it will bounce back setting new records. This is what always happens and definitely it will happen again. I know that now there are few problems in the bitcoin network like high transaction fee and many unconfirmed transactions etc but definitely it will get solved in the very near future when the lightningnetwork is implemented.
December 22, 2017, 06:47:54 PM
A multi year bear market? What the fuck are you saying? Are you at least re reading your posts once that you submited them?
This current crash can not even be compared with the one from 2013, have you even been in bitcoin when it did happened? Because most people who are always saying "yes, that crash was a chaos" have been introduced in bitcoin later on 2015 - 2016.
I am doing it so, there is a chart in tradingview, take a look in there and you will see how wrong you are with your actual accussations.
Japaneses are crap, and we all know that, they are manipulating the whole market by doing whatever they want, manipulation in it's maximum expresion, specially the mining pools.
This current crash can not even be compared with the one from 2013, have you even been in bitcoin when it did happened? Because most people who are always saying "yes, that crash was a chaos" have been introduced in bitcoin later on 2015 - 2016.
Bitcoin is entering a multi year bear market again. Just compare this current crash to the crash of 2012/2013; they are like carbon copies of each other.
I am doing it so, there is a chart in tradingview, take a look in there and you will see how wrong you are with your actual accussations.
Just compare this current crash to the crash of 2012/2013; they are like carbon copies of each other.
Japaneses are crap, and we all know that, they are manipulating the whole market by doing whatever they want, manipulation in it's maximum expresion, specially the mining pools.
The Japanese exchanges are the new Chinese exchanges, which reached ATH before BFX, Stamp, etc, just like the Chinese exchanges did back in 2012/13.
December 22, 2017, 06:36:30 PM
Bitcoin price is like a roller coaster, it's going up and down. You can choose 2 ways if you want to make profit on the long run:
1. Buying in and holding for at least a year and don't check the prices just monthly or so. This will help you to do your everyday life while your investment grows (hopefully, this is the easy way)
2. Buying and start to daytrade and make some profit on the volatility that's over 10% intraday, but this needs luck and a bit of knowledge (the hard way)
If you buy and you don't want to daytrade but you still check the prices twice or more daily, you just cause yourself hard time with no real result.
1. Buying in and holding for at least a year and don't check the prices just monthly or so. This will help you to do your everyday life while your investment grows (hopefully, this is the easy way)
2. Buying and start to daytrade and make some profit on the volatility that's over 10% intraday, but this needs luck and a bit of knowledge (the hard way)
If you buy and you don't want to daytrade but you still check the prices twice or more daily, you just cause yourself hard time with no real result.
December 22, 2017, 06:04:21 PM
Well that crash lasted about half a day -- back up to $15,400 per BTC.
December 22, 2017, 05:57:49 PM
It's a carbon copy of 2012/13.
Also in late 2013 and also in 2014. Just look at the graph or the historical data.
The total value of one bitcoin was lower, but the drop in percentages was also similar. Sometimes stretched over a slightly longer period. This is why and how people earn money from this. Because it keeps dropping and rising again by so much. Have we still not learned how this works?
I think many still know how it works. I think the media has really helped create this last drop and that is why it isn't as similar to 2012/2013 as the OP suggests in my opinion.
This is happening in front of many more people so it magnifies the impact quite a bit and created more loss versus what would have happened in the past.
I actually think this will be good for BTC because it will shrug off yet another panic sale and rebound. Coinbase hit $10,400 today which is the range the fibonacci apparently showed it hitting.
The $10k barrier had people so worried because of the psychological impact of 5 digit "value" that people predicted a lot of profit being taken then. I
December 22, 2017, 05:42:38 PM
where's the crash though? more dramatic jumps the other month nobody called a crash 
December 22, 2017, 05:34:34 PM
I think we need to consider another point of view. 30 days ago Bitcoin's value was $10,000 and today is $14,000.
A difference of 40% in just a month. So what? It's still an amazing growth. What about in January when it was at $1,0000 people were saying Bitcoin is expensive or Bitcoin is dead, now today $140000.
There is no reason to "complaint" when you see it as a long term.
A difference of 40% in just a month. So what? It's still an amazing growth. What about in January when it was at $1,0000 people were saying Bitcoin is expensive or Bitcoin is dead, now today $140000.
There is no reason to "complaint" when you see it as a long term.
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