What happened with crypto? - page 5.

riqo

newbie

Activity: 27

Merit: 8

Quote from: xanto on November 19, 2022, 06:29:38 PM

Hi all,my friends
I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened? Huh

So many things my friend, remember that its a great opportunity to buy now and hold long term

BD Crypto

full member

Activity: 658

Merit: 158

BTC Rocks

Don't you know about crypto market that it is highly volatile? You may be able to see a huge pump again and the highest ATH price also. Now we are in bear market that's why almost all cryptos are trading at a very cheap price. So it's the correct time to invest in cryptocurrency in my thoughts.

blockman

hero member

Activity: 3066

Merit: 629

Vave.com - Crypto Casino

Quote from: xanto on November 19, 2022, 06:29:38 PM

Hi all,my friends
I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened? Huh

It's because of the volatility of bitcoin and that's how it goes. No one can give the exact reason for it but we can all lean to the reason that it's because bitcoin is a very volatile asset. Good for you that you're able to move and enjoy your profits during the bear market and you can still make that much again while we're at the LOW price because we're in a bear market. You've seen how high it has made last year and it's low to be said right now. As you come back, you're all the means to reinvest again to bitcoin.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: tygeade on November 20, 2022, 03:22:50 PM

Quote from: michellee on November 20, 2022, 02:18:14 AM

This is like previous events where the price will decrease after bitcoin reaches a peak. But this time, we didn't expect the decline to be very drastic and almost touched the lowest point in 2020 and has already passed the lowest price in 2021. This gives us the experience that bitcoin is still moving very wildly and can be at any price point so we have to be careful if we want to invest in bitcoin.

The cause may be war, global problems, or government interference in the market. But since the beginning of this year, a lot of news and events have decreased the bitcoin price. We can only survive and you have a good time buying or investing in bitcoin again, considering that you already made a profit in 2021.

Yeah, nothing really new in here. The drop in the price, the inflation/recession, the war, the collapse of the exchanges and any other issues. All of them are already faced by us even before. The op is already registered on 2013. He have more experience than the rest of us here who only discovered crypto during the first boom in 2017 but he is the one that acts like a noob.

I think with that experience of him he can just browse the forum topics to easily know about the latest happening or he can also search using some specific key words in google but I guess he just too lazy to do that and only want's us to spoon feed him with info's.

Yes, he shouldn't panic at the current state of the crypto market because he should be used to it and have experienced it before. Or maybe he is not very active in following crypto news so this condition makes him confused in determining what he should do. But we don't know his true intentions and can only give what we know. The rest, he had to look for other information to find clues about what he could do.

Yamifoud

hero member

Activity: 2828

Merit: 518

Quote from: Silberman on November 20, 2022, 11:09:45 PM

Quote from: xanto on November 19, 2022, 06:29:38 PM

snip...

Since you have been part of this forum since 2013 I suppose you have an idea of what it is going on even if it is difficult to accept, the price crashed at the end of 2021 and then all kind of disasters have been hitting this market, some of them are just unexpected events which took everyone by surprise like the war, but there have been several projects which have mismanaged the funds of their clients and which have caused the market to suffer several setbacks.

And I'm not sure if he is able to understand it because of his reaction, he is totally thinking of always a climbing price and he forgets about the volatility of the market.

Anyways, the situation isn't new for me. Yes, there are a lot of people who will never accept reality. I think that OP has gone many years ago because of being mad with the market and now, he turns back the same. Because he could only understand the situation, I would really say that he will never leave crypto.

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: xanto on November 19, 2022, 06:29:38 PM

Hi all,my friends
I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened? Huh

Since you have been part of this forum since 2013 I suppose you have an idea of what it is going on even if it is difficult to accept, the price crashed at the end of 2021 and then all kind of disasters have been hitting this market, some of them are just unexpected events which took everyone by surprise like the war, but there have been several projects which have mismanaged the funds of their clients and which have caused the market to suffer several setbacks.

GreatArkansas

legendary

Activity: 2506

Merit: 1394

Quote from: xanto on November 19, 2022, 06:29:38 PM

(...)
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
(....)

Everything is possible in the cryptocurrency market. It's already proven over time, ever since the beginning of Bitcoin, there are a lot of things happening in the Bitcoin or the cryptocurrency market, it's not always the upside only but also the downside. So always expect the unexpected.
So for me, my answer to your question of what happened to cryptocurrency market is part of the cycle, it's not always "UP ONLY", expect also the corrections or downsides.

Kelvinid

sr. member

Activity: 2828

Merit: 344

win lambo...

Don't get mad or get surprised by the market trend because that is how it really works. I know you are also aware of the situation last 2018-2020 where there is too much drop happen and it has just happened again. And instead of wondering why the price of crypto is still low than you think, better help yourself to accept these changes whether you like it or not, the drop certainly will come and so the price increase.
I'll take this time to buy more...

tygeade

legendary

Activity: 2086

Merit: 1058

Quote from: michellee on November 20, 2022, 02:18:14 AM

This is like previous events where the price will decrease after bitcoin reaches a peak. But this time, we didn't expect the decline to be very drastic and almost touched the lowest point in 2020 and has already passed the lowest price in 2021. This gives us the experience that bitcoin is still moving very wildly and can be at any price point so we have to be careful if we want to invest in bitcoin.

The cause may be war, global problems, or government interference in the market. But since the beginning of this year, a lot of news and events have decreased the bitcoin price. We can only survive and you have a good time buying or investing in bitcoin again, considering that you already made a profit in 2021.

Yeah, nothing really new in here. The drop in the price, the inflation/recession, the war, the collapse of the exchanges and any other issues. All of them are already faced by us even before. The op is already registered on 2013. He have more experience than the rest of us here who only discovered crypto during the first boom in 2017 but he is the one that acts like a noob.

I think with that experience of him he can just browse the forum topics to easily know about the latest happening or he can also search using some specific key words in google but I guess he just too lazy to do that and only want's us to spoon feed him with info's.

The Cryptovator

legendary

Activity: 2394

Merit: 2223

Signature space for rent

I'm curious at what price you sold your Bitcoin. I hope that it does not fall below this price. Nothing is wrong with Bitcoin; it is simply reacting to the global economy because it is a part of it. The entire cryptocurrency market has collapsed as a result of numerous negative news stories. For example, Luna and FTX drama. You are missing a lot of things here because you have been disappeared for a long time. So, just be active, and you'll notice a lot of things you've been missing for a long time.

Ultegra134

hero member

Activity: 1680

Merit: 845

I'm guessing that you sold at a quite high price in 2021, at least over $40–50,000. Since you already know Bitcoin's capabilities in terms of value, consider this an opportunity to acquire it and prepare for the new bullish season. Unfortunately, the economy is in a dire situation worldwide for a variety of reasons, such as the war, the energy crisis, excessive inflation, etc., which isn't helping any kind of investment, from stocks to assets and cryptocurrencies. Even the S&P 500 index has lost value in the past few months.

To summarize, this period is a great time to acquire discounted Bitcoin if you have the available budget.

palle11

sr. member

Activity: 2366

Merit: 332

Quote from: xanto on November 19, 2022, 06:29:38 PM

Hi all,my friends

Why is bitcoin trading at 2020 prices?
This is unbelievable!!!

It is normal and not unbelievable. Take the opportunity to invest before the next bull. It happened in 2017 and happening again. Those that invested around $4k got profit during the ATH.

Quote from: xanto on November 19, 2022, 06:29:38 PM

Or because of the government sticking its nose into this market?
What happened? Huh

Not that. Whether the government stick out her nose or ear won't stop the way bitcoin is working. There are bull times usually times after halving and bear that happens far more before the next bull which is around this time if you can calculate very well from the last halving. So the government don't have a hand in it.

xanto

member

Activity: 216

Merit: 11

Quote from: bittraffic on November 20, 2022, 09:30:06 AM

Quote from: ?? on ??

Quote from: TheUltraElite on November 20, 2022, 03:52:57 AM

If you have sold your bitcoin back in 2021, I guess you got the all time highs around 60k USD, in which case a late congratulations are in order.

However you must have seen the ups and downs that happen in this world and hence should not come as a surprise that an exchange got hacked and the shitstorm started with that after a long drawn bear market where price was on the lower end of 20k for a long time eventually crashed to 16k.

But now since you are back, you should start buying once again, if you are willing to ride to coaster once more.

But what exactly made you come back to this forum once again? - if I may ask, I am curious to know.

It's no secret
Honestly,i was not even interested in bitcoin all this time
In all that time and looked at its price literally 15 times,i had more important things to do
I was growing my business internationally
And i came back because i decided to remember what made me get rich and was surprised that bitcoin returned after such a huge growth to the priec
I am an advocate of decentralization but i think that the government can control the crypto market
It's already correlated with the US stock market

What are you talking about? It's just bear market. You got lucky for selling at the peak price. Now you think it's over.

The government can't control the crypto market. It can start all over again even if BTC can drop to $8k, BTC will live. As long as there are people who resist giving up freedom, crypto will live and will have a market running.

Thanks for the feedback
But the government will try to control bitcoin and eventually it will succeed,because investing in cryptocurrency is a huge drain on capital,which no government needs
I didn't say it's over,i just said im surprised at the price of bitcoin at the moment

bittraffic

hero member

Activity: 3038

Merit: 617

Quote from: ?? on ??

Quote from: TheUltraElite on November 20, 2022, 03:52:57 AM

If you have sold your bitcoin back in 2021, I guess you got the all time highs around 60k USD, in which case a late congratulations are in order.

However you must have seen the ups and downs that happen in this world and hence should not come as a surprise that an exchange got hacked and the shitstorm started with that after a long drawn bear market where price was on the lower end of 20k for a long time eventually crashed to 16k.

But now since you are back, you should start buying once again, if you are willing to ride to coaster once more.

But what exactly made you come back to this forum once again? - if I may ask, I am curious to know.

It's no secret
Honestly,i was not even interested in bitcoin all this time
In all that time and looked at its price literally 15 times,i had more important things to do
I was growing my business internationally
And i came back because i decided to remember what made me get rich and was surprised that bitcoin returned after such a huge growth to the priec
I am an advocate of decentralization but i think that the government can control the crypto market
It's already correlated with the US stock market

What are you talking about? It's just bear market. You got lucky for selling at the peak price. Now you think it's over.

The government can't control the crypto market. It can start all over again even if BTC can drop to $8k, BTC will live. As long as there are people who resist giving up freedom, crypto will live and will have a market running.

xanto

member

Activity: 216

Merit: 11

Quote from: sheenshane on November 19, 2022, 06:49:35 PM

How many years have you been in the crypto space?
If you know the crypto market very well you might understand what's going on.

I suggest you visit those Cryptocurrency and Bitcoin news websites. It'll give you up-to-date information regarding what's going on now but of course only those reliable sources.

You sold all your Bitcoin, I think it's time now to full your bag again.

I registered here in 2013,talked to people and left in 2018
Then came back again in 2020,sold bitcoins in 2021 and left
And here i am again
But i don't know if I should buy bitcoins right now
There are so many scams,you don't know what to believe

Falconer

legendary

Activity: 2660

Merit: 1141

Quote from: xanto on November 19, 2022, 06:29:38 PM

-snip-

Unsurprisingly, this sort of thing should be very familiar in the crypto market regardless of the current reason.
Drops can be interpreted as something normal for the price of bitcoin, and you shouldn't be surprised about it even though we are currently at a big discount. There are many reasons today why prices are falling and these have probably been discussed at any time in the space.

But you are lucky, you have sold all your bitcoin in 2021, that should have made you very profitable. You can buy them again and top up your bitcoin wallet for future investments. It's a cycle that won't come as a surprise if you know how the crypto market works.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

If you have sold your bitcoin back in 2021, I guess you got the all time highs around 60k USD, in which case a late congratulations are in order.

However you must have seen the ups and downs that happen in this world and hence should not come as a surprise that an exchange got hacked and the shitstorm started with that after a long drawn bear market where price was on the lower end of 20k for a long time eventually crashed to 16k.

But now since you are back, you should start buying once again, if you are willing to ride to coaster once more.

But what exactly made you come back to this forum once again? - if I may ask, I am curious to know.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

This is like previous events where the price will decrease after bitcoin reaches a peak. But this time, we didn't expect the decline to be very drastic and almost touched the lowest point in 2020 and has already passed the lowest price in 2021. This gives us the experience that bitcoin is still moving very wildly and can be at any price point so we have to be careful if we want to invest in bitcoin.

The cause may be war, global problems, or government interference in the market. But since the beginning of this year, a lot of news and events have decreased the bitcoin price. We can only survive and you have a good time buying or investing in bitcoin again, considering that you already made a profit in 2021.

bittraffic

hero member

Activity: 3038

Merit: 617

Yes, the government still not understanding it that BTC couldn't be controlled so they stick their nose for regulatory capture, and crashing the market thru FTX collapse will be the start of it.

But of course, I'm wearing my tinfoil hat. It's just the cycle of the crypto market, nothing is going but a bear market that is normalized in crypto due to the halving.

Pandu Geddon

hero member

Activity: 826

Merit: 583

Quote from: xanto on November 19, 2022, 06:29:38 PM

What happened? Huh

I don't think you need to be surprised by the current market conditions. what surprised you?
If you are long enough with your asset holdings and also your experience in the crypto market, I'm sure nothing will surprise you from the current market situation. because of course, you gain experience from how long you have been in the crypto market.
you can go by following the news on some social media which will indeed tell you what happened. Even though you have sold all your assets, that doesn't mean you don't have a track of what you follow on social media.
Whatever your reason for returning to the crypto market, maybe now is the right time for you to start your investment plan again.

Topic: What happened with crypto? - page 5. (Read 994 times)