Topic: Why use the word CRASH instead of LOSSES on BTC? (Read 334 times)
I agree with the main topic until some point. Not all of the decreases in the price can be called as crash. However, I think that the recent dump in Bitcoin price can be called like that. Because it happened in a very short time period like half an hour and it fell by $10k also. "Crash" word might even be not enough to define this. But I agree that a gradual decrease in time is not a crash.
Why not use the word REKT (it's the same as WRECK).
Although REKT implies deep discounts of up to 50% or greater, I like the way it is pronounced succinctly and shows depth. An extremely powerful word for a big loss.
Every time Bitcoin drops in price, it is also an opportunity to buy in and enjoy short-term profits.
Although REKT implies deep discounts of up to 50% or greater, I like the way it is pronounced succinctly and shows depth. An extremely powerful word for a big loss.
Every time Bitcoin drops in price, it is also an opportunity to buy in and enjoy short-term profits.
Really? Not so well-versed in crypto chad lingo (if I am even permitted to use that term haha) but I always assumed REKT was the equivalent of getting totalled. As in, absolute liquidation. Only guys I can imagine getting completely wrecked would be futures traders going long at over 10:1 leverage. That dip would have wiped them out in a blink, even with stop loss I imagine.
So yeah, if this relatively small dip Rekt'd you, well, can't say you shouldn't have known, hm?
I suppose Bitcoin can use REKT. Bitcoin still often falls deeply in price in a short time and causes other cryptocurrencies to fall several deeper drops. The word REKT, in my opinion, is for the whole market whenever Bitcoin falls sharply and deeply.
Regardless of how you choose to definite it, somehow I can't see traditional media or institutional investors using such parlance. It just adds an additional layer of obscurity to something that's already difficult enough for outsiders to comprehend. Seems like a bad idea all round.
Why not use the word REKT (it's the same as WRECK).
Although REKT implies deep discounts of up to 50% or greater, I like the way it is pronounced succinctly and shows depth. An extremely powerful word for a big loss.
Every time Bitcoin drops in price, it is also an opportunity to buy in and enjoy short-term profits.
Although REKT implies deep discounts of up to 50% or greater, I like the way it is pronounced succinctly and shows depth. An extremely powerful word for a big loss.
Every time Bitcoin drops in price, it is also an opportunity to buy in and enjoy short-term profits.
Really? Not so well-versed in crypto chad lingo (if I am even permitted to use that term haha) but I always assumed REKT was the equivalent of getting totalled. As in, absolute liquidation. Only guys I can imagine getting completely wrecked would be futures traders going long at over 10:1 leverage. That dip would have wiped them out in a blink, even with stop loss I imagine.
So yeah, if this relatively small dip Rekt'd you, well, can't say you shouldn't have known, hm?
I suppose Bitcoin can use REKT. Bitcoin still often falls deeply in price in a short time and causes other cryptocurrencies to fall several deeper drops. The word REKT, in my opinion, is for the whole market whenever Bitcoin falls sharply and deeply.
If you have friends who are yet to accept BTC, the way they talk about BTC when ever there is a dip will make you think that BTC project has ended.
They will be like, "I heard BTC has crashed"
To me the word "crash" means and sounds like a total or woeful failure.
If the market is on the negative side(losses) there should be some other friendly words to calm the situation to lay man, rather than using the word "crash" which seems like a perpetual exaggeration or failure.
For instance, if a coin has a very good support at $5 and in the future rose to $20 and later on drops to dollar $15 gradually, it should not be called a crash.
It's a marketing move IMO. I remember how there was a brief moment when Bitcoin went from something like $55k to $45k, and my relative (who is a Bitcoin skeptic) said he read on Forbes (or a similar reputable source) that Bitcoin crashed massively and if I'm okay (since he knows I own some BTC). What he didn't know was that just a few months ago the price was below $20k, and now, after the allegedly devastating crash, it's $45k, so it's actually still a huge success. This works on people who are already cautious when it comes to Bitcoin, and more generally, news that invoke fear are more engaging than those which are trying to be neutral. Crash sounds more seriously than a decrease of the price, so that's the preferred term for media. They will be like, "I heard BTC has crashed"
To me the word "crash" means and sounds like a total or woeful failure.
If the market is on the negative side(losses) there should be some other friendly words to calm the situation to lay man, rather than using the word "crash" which seems like a perpetual exaggeration or failure.
For instance, if a coin has a very good support at $5 and in the future rose to $20 and later on drops to dollar $15 gradually, it should not be called a crash.
because this crash covers the global whether it's small or large, it's still a crash.
it feels exaggerated and seems negative and a failure but it's okay to say that I think, even though I prefer to say it just as a correction to make it seem simpler and less affected by what happened.
and when ordinary people and beginners panic, it's another matter, they have to start learning the ins and outs of what's here, because what causes them to panic is buying at prices that are already too high and will definitely be surprised when there is a decline like this (my experience used to be like this) but over time everything feels more ordinary what new people need is calm and not rash in doing something.
I suggest maybe that if you don't like to say "crash" at least just say it's a "discount" given by the market
.
it feels exaggerated and seems negative and a failure but it's okay to say that I think, even though I prefer to say it just as a correction to make it seem simpler and less affected by what happened.
and when ordinary people and beginners panic, it's another matter, they have to start learning the ins and outs of what's here, because what causes them to panic is buying at prices that are already too high and will definitely be surprised when there is a decline like this (my experience used to be like this) but over time everything feels more ordinary what new people need is calm and not rash in doing something.
I suggest maybe that if you don't like to say "crash" at least just say it's a "discount" given by the market
. 
If you have friends who are yet to accept BTC, the way they talk about BTC when ever there is a dip will make you think that BTC project has ended.
They will be like, "I heard BTC has crashed"
To me the word "crash" means and sounds like a total or woeful failure.
If the market is on the negative side(losses) there should be some other friendly words to calm the situation to lay man, rather than using the word "crash" which seems like a perpetual exaggeration or failure.
They will be like, "I heard BTC has crashed"
To me the word "crash" means and sounds like a total or woeful failure.
If the market is on the negative side(losses) there should be some other friendly words to calm the situation to lay man, rather than using the word "crash" which seems like a perpetual exaggeration or failure.
For every kind of business and investment, there are particular vocabularies that are associated with them. The word crash is used in cryptocurrency because it is the vocabulary that is used to describe a massive drop in value, just like you have other vocabularies like "bubble" "burst" etc. "Crash" only sounds like a total or woeful failure to you because of the normal meaning that you have associated with it.
When you say crash it portray the severity of the action more than using the word loss, it even sound more hars than the latter plus it is commonly use among crypto enthusiasts. People also use Dumping more than loss for the same reason.
I am not sure why this much confusion with you but me and my friends are using this word all the time. Market has crashed, this is also used in the normal share market. I have never seen such mass confusion with single word because same has been used and applied in the movies too! whether they are hollywood or bollywood they also use the same word. The market crash word has been used in the movie "Wolf of wall street" and bollywood series "Scam: 1992" in Indian version.
This is why its not a confusion, rather its expression of the market and it's current state. Loss is like loosing the materialistic value from the whole trade. For example market loss means your money was taken away by other trader and did not come to you again. The crash is loosing the money temporarily but it returns once the market gains the money.
This is why its not a confusion, rather its expression of the market and it's current state. Loss is like loosing the materialistic value from the whole trade. For example market loss means your money was taken away by other trader and did not come to you again. The crash is loosing the money temporarily but it returns once the market gains the money.
It's really subjective. We have different perspectives in viewing something and for instance, this word crash seems awful to you but totally normal to others.
Pretty much sums it up. I've been around since 2013, so price moves don't even register on my radar unless they're truly spectacular. I definitely don't see the current situation as a "crash" and I'm not concerned in the slightest. But I can see how it might be concerning for someone who only got involved more recently. Maybe they're not used to this kind of volatility.
Crashes is for the market and losses are for the individual if I am remembering correctly so they're used in a different context so I don't think that there's no need for substitution.
I do not use the word "crash" when BTC price is down but I always use the word "correction" for BTC because correcting the price can gain more supports so, in the next few days, the price can back increase. The word "crash" seems to make them worry about their investment, so we need to know how to calm them down and always think positive about the current situation.
If we can always be bold about the "correction" every time BTC is down, they will not think seriously about that moment instead, they will think about buying more bitcoin.
If we can always be bold about the "correction" every time BTC is down, they will not think seriously about that moment instead, they will think about buying more bitcoin.
It's a normal word. It crushed from the last high price it hitted. But it doesn't mean that it's "dying" or will go only down with time. Don't put too much sense in this word.
Why not use the word REKT (it's the same as WRECK).
Although REKT implies deep discounts of up to 50% or greater, I like the way it is pronounced succinctly and shows depth. An extremely powerful word for a big loss.
Every time Bitcoin drops in price, it is also an opportunity to buy in and enjoy short-term profits.
Although REKT implies deep discounts of up to 50% or greater, I like the way it is pronounced succinctly and shows depth. An extremely powerful word for a big loss.
Every time Bitcoin drops in price, it is also an opportunity to buy in and enjoy short-term profits.
Really? Not so well-versed in crypto chad lingo (if I am even permitted to use that term haha) but I always assumed REKT was the equivalent of getting totalled. As in, absolute liquidation. Only guys I can imagine getting completely wrecked would be futures traders going long at over 10:1 leverage. That dip would have wiped them out in a blink, even with stop loss I imagine.
So yeah, if this relatively small dip Rekt'd you, well, can't say you shouldn't have known, hm?
If you have friends who are yet to accept BTC, the way they talk about BTC when ever there is a dip will make you think that BTC project has ended.
They will be like, "I heard BTC has crashed"
To me the word "crash" means and sounds like a total or woeful failure.
If the market is on the negative side(losses) there should be some other friendly words to calm the situation to lay man, rather than using the word "crash" which seems like a perpetual exaggeration or failure.
For instance, if a coin has a very good support at $5 and in the future rose to $20 and later on drops to dollar $15 gradually, it should not be called a crash.
They will be like, "I heard BTC has crashed"
To me the word "crash" means and sounds like a total or woeful failure.
If the market is on the negative side(losses) there should be some other friendly words to calm the situation to lay man, rather than using the word "crash" which seems like a perpetual exaggeration or failure.
For instance, if a coin has a very good support at $5 and in the future rose to $20 and later on drops to dollar $15 gradually, it should not be called a crash.
It's really subjective. We have different perspectives in viewing something and for instance, this word crash seems awful to you but totally normal to others. The word crash is often used in other forms of investments and not only in crypto. The crash is also used by the investors and traders in the stock market. It is also used by the managers of a company to describe the sudden price drop of something like sales in the business industry. In our community, the crash is associated with the downward movement or trend of coins' value in the market. This is also called or referred to as correction of the majority because a crash doesn't totally mean that the coin won't be able to bounce back. It would regain its position and increase again over some time. It's just that there are some factors that have impacted its trend and caused it to go down but eventually will climb up again. After all, crypto is volatile. We must always expect up and down trends.
If you have friends who are yet to accept BTC, the way they talk about BTC when ever there is a dip will make you think that BTC project has ended.
They will be like, "I heard BTC has crashed"
To me the word "crash" means and sounds like a total or woeful failure.
If the market is on the negative side(losses) there should be some other friendly words to calm the situation to lay man, rather than using the word "crash" which seems like a perpetual exaggeration or failure.
For instance, if a coin has a very good support at $5 and in the future rose to $20 and later on drops to dollar $15 gradually, it should not be called a crash.
They will be like, "I heard BTC has crashed"
To me the word "crash" means and sounds like a total or woeful failure.
If the market is on the negative side(losses) there should be some other friendly words to calm the situation to lay man, rather than using the word "crash" which seems like a perpetual exaggeration or failure.
For instance, if a coin has a very good support at $5 and in the future rose to $20 and later on drops to dollar $15 gradually, it should not be called a crash.
I think the term "crash" refers to the massive drop in BTC price from its original price and the word " losses" refers to the traders/holder losses while holding a specific coin such as BTC. Don't take the word crashed negatively because it really happens even in the stock market.
Why not use the word REKT (it's the same as WRECK).
Although REKT implies deep discounts of up to 50% or greater, I like the way it is pronounced succinctly and shows depth. An extremely powerful word for a big loss.
Every time Bitcoin drops in price, it is also an opportunity to buy in and enjoy short-term profits.
Although REKT implies deep discounts of up to 50% or greater, I like the way it is pronounced succinctly and shows depth. An extremely powerful word for a big loss.
Every time Bitcoin drops in price, it is also an opportunity to buy in and enjoy short-term profits.
I don't think there is a way about this, once a price of a commodity dropped rapidly on the stock market it is often referred to as a market crash, even gold and US dollars are also addressed with the same statement when their loss in their market price.
It's more like a custom term already and people have been using that for more than 10 years right now. they already adopted that word and other terms that have been used in the crypto industry. People should know how to consider using words when they talking about any other subject because words that used in other cases are not the same when you are here in this industry. more on like they create some words to make more specific when they're talking about the current situation of the market. Nevertheless, words like this one cannot be changed any more since they've been using it for quite some time already.
At first, the term crash also sounded too exaggerated for me to just refer to a correction or even a normal price decrease, only a little bit worse than other days. Crash kind of sends a feeling that the market or Bitcoin has already crumbled down, which is really not the case in reality. Such description tends to create a FUD.
However, isn't it interesting that Bitcoin is already crashing at $35,000 or $40,000? That's a sweet crash. Perhaps the Bitcoin market has somehow redefined the meaning.
However, isn't it interesting that Bitcoin is already crashing at $35,000 or $40,000? That's a sweet crash. Perhaps the Bitcoin market has somehow redefined the meaning.
when the word crash is used in the market, you can visually imagine how the chart looks because a red candle dropping sharply is really really bad. and that makes weak hands panic. it's going to make things worse but it's a bit of a fud for some. we are accepting it that way though besides it's more understood when we use the word crash than correction or a dip. it falls on how you interpret the price movement.
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