When this thread and the first crash after bounce back from ATH started, I was thinking: no, Jan 2017 is not 2014! History does not repeat. But today I'm no longer sure. First ATH bounce back, today this news: https://qz.com/881373/bitcoin-btc-price-crashed-because-of-notices-issued-by-the-peoples-bank-of-china/. If MtGox would still be alive, I'd bet now, they are defaulting in a month. Now, any exchange going to be hacked or defaulted now?
//alex
Topic: Welcome back 2014! (Read 1950 times)
Back then the US government was selling thousands of bitcoin taken from silk road in auctions. That was an oversupply and price dropped. Thats not happening now
i wouldn't say no for bitcoin because i still remember that from $1200 the price could dropped at $300 below but i think big crash won't happening this time because the price still steady at $900 however i have feeling that this year would be different and probably the price won't back to $600 at least for next several months
everyone did not want to hope so. everyone would like to hope that the price of bitcoin will be increased significantly. due to the price increase will make bitcoin getting bigger in the world financial system.
The price tanked in 2014 because of the MtGox fiasco, which hurt confidence (plus lots of people lost money).
And in 2016, the price dropped a bit when bitfinex got hacked.
Hopefully the exchanges have learnt lessons and have beefed up security and have taken out insurance. Confidence in the infrastructure is bitcoin's main weakness.
And in 2016, the price dropped a bit when bitfinex got hacked.
Hopefully the exchanges have learnt lessons and have beefed up security and have taken out insurance. Confidence in the infrastructure is bitcoin's main weakness.
i wouldn't say no for bitcoin because i still remember that from $1200 the price could dropped at $300 below but i think big crash won't happening this time because the price still steady at $900 however i have feeling that this year would be different and probably the price won't back to $600 at least for next several months
Here comes the crash 
.This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/
I don’t think the price is going to crash that much because difficult times for the world economies loom ahead and this will only reinforce bitcoin by showing to the world how frail the economic system really is. .This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/
All these opinions doesn't really matter if it's not even possible to buy more coins if the block size issue is not solved soon.
Here comes the crash .This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/
No more crash ,no more panic selling ,bitcoin will stay above 800$ forever. Bitcoin is only playing at the price of 800$ and up,and it will surely goes up after months . The target price would 2500$ within this year. Collect and hold thats the best thing to do right now. .This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/
No, 2014 is not coming back. I don't think it will. In fact, it's more stable now and stronger. It possible to go up again to $1k+
Don't you think the situation right now it's almost the same like when we're at $700+... it goes up and down but stays within $700. So I think it is quite healthy now.
Don't you think the situation right now it's almost the same like when we're at $700+... it goes up and down but stays within $700. So I think it is quite healthy now.
This is nothing like 2014. What we had was a healthy correction and soon we'll rise again.
I hope you are right, this price decrease is torture for all of us here. I wasn't here 3 years ago, but on the chart's we are much here then before, and I doubt that price will fall drastically.
Let's wait with conclusions about the price, I think we still are not so far from last halving, bitcoin needs time to fins good foothold.
Here comes the crash .This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/
.This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/I dont think we are ready for 2014. at least not yet. And there was no crash, price just steadily declined whole year. More drastically in second half.
As I said we are far from 2014 right now. We will still see a lot of rise in Bitcoin price before 2014 will come back. It is more likely 2014 will happen in 2018 then in 2017.
Its a bit like 2014 indeed but I think that this one is better because its going slower and on a more stable way most likely.
Keep calm. 
if you haven't invested real money in bitcoin, you should have no reason to panic sell what's on your stash. This isn't the same as 2014 crash, and I think we most of us is expecting this since the price surge from December is already over, same as last year, when the December fever was over, there was a drop, just got worsen by the drama and the heist that happened.
Probably a repeat of history but not a hard fall since the community already learned and just look at the price movement as an opportunity. I think we will be having a long boring little price movements from now on.
if you haven't invested real money in bitcoin, you should have no reason to panic sell what's on your stash. This isn't the same as 2014 crash, and I think we most of us is expecting this since the price surge from December is already over, same as last year, when the December fever was over, there was a drop, just got worsen by the drama and the heist that happened. Probably a repeat of history but not a hard fall since the community already learned and just look at the price movement as an opportunity. I think we will be having a long boring little price movements from now on.
I think the current conditions are very different from those experienced then, because in 2013 we did not have any reference about what could be the limit on the price of bitcoin, but now we do have a reference in that matter, so a market correction was highly expected around $1,100. I would rather expect a gradual recovery in price next days to $1,100 again, with a extended stay at that level.
Yes, this is the second time and that this alone more than enough to differentiate the current situations are not the repetition of 2014. Moreover the strong bitcoin adoption and interests of from China investors will not let bitcoin to fall down anything happened in 2014.
Nice zig-zag pattern … Not really sure how to interpret this right now.
What do you guys think?
//alex
What do you guys think?
//alex
I think the current conditions are very different from those experienced then, because in 2013 we did not have any reference about what could be the limit on the price of bitcoin, but now we do have a reference in that matter, so a market correction was highly expected around $1,100. I would rather expect a gradual recovery in price next days to $1,100 again, with a extended stay at that level.
The prime reason for 2014 fall down must be collapse of mtgox. As long as we are not facing any similar bitter things, we are no where going to experience 2014 again. There are lot of development with respect to bitcoin adoptions hence these bumps might lead to sustaining price levels.
Today's pullback was just a part of bitcoin's usual higher end fluctuations, certainly it will not trigger anything similar to 2014.
Today's pullback was just a part of bitcoin's usual higher end fluctuations, certainly it will not trigger anything similar to 2014.
Indeed MtGox was hard for the price in 2014 and dropped the price even lower that time. But the collapse started before MtGox and it dropped rapidly and it I assume it would also (maybe not that low or not that fast) without MtGox. Let's see where this ride is going now.
//alex
Lol so many bagholders who bought above 1100 people never learn, I think de price will go back to 500/600 dollar range and stay there for a while.
Bitcoin will never reach 800 or 600 again ? i heard that before
a few months later the price hit 240 dollar.
Bitcoin will never reach 800 or 600 again ? i heard that before
a few months later the price hit 240 dollar. 
The prime reason for 2014 fall down must be collapse of mtgox. As long as we are not facing any similar bitter things, we are no where going to experience 2014 again. There are lot of development with respect to bitcoin adoptions hence these bumps might lead to sustaining price levels.
Today's pullback was just a part of bitcoin's usual higher end fluctuations, certainly it will not trigger anything similar to 2014.
Today's pullback was just a part of bitcoin's usual higher end fluctuations, certainly it will not trigger anything similar to 2014.
It recovered very quickly so there is nothing to be afraid of. It is just a normal market reaction. Remember the price quickly shoot to 1100+ just a few days ago. It is expected that there will be correction. It may still drop some more but when that happens, it is a perfect opportunity to buy not to panic.
Its not the same scenario. We have no unfounded MtGox pumping the prices and btc actual value was genuinly built during the last months.
This is nothing like the almost 1000% value increase in a -2 month period by the end of 2013. Just take a look at the charts and you will see the differences.
This is nothing like the almost 1000% value increase in a -2 month period by the end of 2013. Just take a look at the charts and you will see the differences.
I seen that too, from 960$ to 920$ today in 5minutes, like nothing.
Here comes the crash .This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/
.This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/I wont call it a crash from my angle because the margin from where it was and now is not really much although I agree that it amounts to loss of great amount to someone else. I would rather take it to mean a slide if there is anything like that. Also, I believe it will rise again but the question is the time frame to get to the point where we are? it could be tomorrow, it could be a month from now or even a year from now... who knows...
It was a crash considering only the price of BTC as it enters 2017, but on the overall aspect, it is not, just some minor manipulation for the whales to cash out and at the same time crash bitcoin price to buy back again and rally to another ATH. 2014? I think no. Bitcoin is in different environment atm than it was way back 2014.
If the price stays below $900 for a week, I think it is a crash. Otherwise, it is just a need correciton.
Here comes the crash .This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/
.This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/I wont call it a crash from my angle because the margin from where it was and now is not really much although I agree that it amounts to loss of great amount to someone else. I would rather take it to mean a slide if there is anything like that. Also, I believe it will rise again but the question is the time frame to get to the point where we are? it could be tomorrow, it could be a month from now or even a year from now... who knows...
It was a crash considering only the price of BTC as it enters 2017, but on the overall aspect, it is not, just some minor manipulation for the whales to cash out and at the same time crash bitcoin price to buy back again and rally to another ATH. 2014? I think no. Bitcoin is in different environment atm than it was way back 2014.
It's normal market behavior. If the price can go up a lot in a very short time, then it can go down that fast as well. I am quite happy with where the price went down as I managed to buy back at $920. If the price happens to go down even further, then I'll buy back more. If the price goes up again, I'll cash these coins out.
Here comes the crash .This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/
.This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/I wont call it a crash from my angle because the margin from where it was and now is not really much although I agree that it amounts to loss of great amount to someone else. I would rather take it to mean a slide if there is anything like that. Also, I believe it will rise again but the question is the time frame to get to the point where we are? it could be tomorrow, it could be a month from now or even a year from now... who knows...
it may drop back to 800, but there is no seeing 250, or even 500 again, we need a way to stabilize at least one market, ltc, btc, something, in order for this to be used as a regular currency, there is no way for people to want to spend something that can buy a pack of cigarettes one day and only a candy bar the next, then two days later, it can buy a carton of cigarettes, people need a stable market for an accepted currency
I think it is just a normal that the price is crashing. this is not new to me i told the others already that the price will not stay long and it will crash soon..
I am just relaying what is the price from past year and i think there is similar movement from 2015 when i was heard about bitcoin and until now the movement are same..
I am just relaying what is the price from past year and i think there is similar movement from 2015 when i was heard about bitcoin and until now the movement are same..
Here comes the crash .This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/
.This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/It will bounce up 1,000$ soon. maybe it's about 2days . They are dumping to get more cheap bitcoins.
Please hold bitcoin closely or you will drop your profit. Good luck.
Its at 911 atm looking at preev.
Lets see what happend.
I sold a BTC at 980 dollars just to be sure.
Lets see what happend.
I sold a BTC at 980 dollars just to be sure.
The price is $950 now. So there is no need to worry.
I think this will be a little different from the last 2014 years. in 2014 the price may fall too deep, and even the price of nearly $ 200. but, I feel that this year the price of bitcoin will last at prices above $ 950, and maybe more. I believe this year bitcoin be better.
It is really different and im not hoping that bitcoin would go back again to the price the same on year 2014 because its really a long long way to reach this price now on bitcoin and it cant really easily dip its price that low unless if all people will sell off their coin then its possible. Bitcoin price is stabilizing again on $940-980 
I think this will be a little different from the last 2014 years. in 2014 the price may fall too deep, and even the price of nearly $ 200. but, I feel that this year the price of bitcoin will last at prices above $ 950, and maybe more. I believe this year bitcoin be better.
Shit was too hot.
Like Icarus, the price of Bitcoin climbed too high, too fast, and burnt its wings.
Luckily I predited this yesterday and moved everything I had but about $100 into trashy altcoins.
Hopefully one of these shitcoins makes me a few bucks.
This is all satire, since its not like $975 is a terrible price right now.
Anyways as long as Bitcoin doesn't drop to $500 or something I'm sure we are fine.
Like Icarus, the price of Bitcoin climbed too high, too fast, and burnt its wings.
Luckily I predited this yesterday and moved everything I had but about $100 into trashy altcoins.
Hopefully one of these shitcoins makes me a few bucks.
This is all satire, since its not like $975 is a terrible price right now.
Anyways as long as Bitcoin doesn't drop to $500 or something I'm sure we are fine.
Here comes the crash .This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/
.This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/I'm not sure there will be a huge panic sell... Or at least the market is able to take it.
Of course price had to go down a bit but... I mean even 900$ is nearly the double of the price last year! It's already an incredible growth so no reason to panick or anything!
I guess that as long as btc doesn't go below 600$ it's fine for me.
Here comes the crash .This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/
Yes agree it will rise again. There is 983.5 Preev, maybe some new users in bitcoin world will sell it, but I'm holder and will hold in long terms.This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/But that's all it was. Just a short dip that bounced back with in a couple of minutes and for the last 3.25 hours it is now on the rebound and recovering.
Recovery takes times, doesn't it?
We might go to 10k soon if new pump starts which I think will soon happen.
Here comes the crash .This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/
Yes agree it will rise again. There is 983.5 Preev, maybe some new users in bitcoin world will sell it, but I'm holder and will hold in long terms.This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/But that's all it was. Just a short dip that bounced back with in a couple of minutes and for the last 3.25 hours it is now on the rebound and recovering.
Recovery takes times, doesn't it?
Here comes the crash .This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/
Yes agree it will rise again. There is 983.5 Preev, maybe some new users in bitcoin world will sell it, but I'm holder and will hold in long terms .This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/
Its at 911 atm looking at preev.
Lets see what happend.
I sold a BTC at 980 dollars just to be sure.
Lets see what happend.
I sold a BTC at 980 dollars just to be sure.
Here comes the crash .This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/
.This is the problem with people panic selling. bitcoin price falling down now lol.It was 950$ on btc-e and i refresed the page 5 minutes later and down to 876$. I am a lifetime bitcoin holder and i can take it.I know it will rise again.what do you guys think? i think now price will reach back 600$ in no time. :/ Jump to: