Bitcoin Forum

Guys, don't panic! Just look at this fall of the famous IT giants when they were in their infancy, as cryptocurrency is now!

https://i107.fastpic.ru/big/2018/1123/70/000d4db65f4c5aef7969859d32f3f070.jpg (http://fastpic.ru/)

This picture is another proof that the markets are generally similar and have common behavior patterns.

Maybe the markets have common features, but I think they are nonetheless very different and you shouldn’t hope that the crypto market will behave as it seems to us or like any other ..

I gotta say it really makes me feel better :). But I still think that stocks and cryptos should not be compared, at least not yet. Companies work a bit differently than cryptos and 'cause of that the money "behaves" a little more predictably. You cannot say the same about cryptocurrencies.

of course, will all know this prices. but it is very different ways of progress. you can't compare blockchain and crypto with such companies as apple or yahoo. its just i think so

This is quite a logical development. Markets behave about the same and what is happening now is a pattern after the growth of thousands of percent in 2017. While all will not come with this car the market starts to rise again. We need to see the fear and the pain before we turn around. And I assure you we are not at the bottom!!!

That's exactly what will happen in cryptos, it will reach its all time low and force many people out of the space then new set of investors will come in and drag the price to a new all time high again, it's just the way market behaviour most times.

I think i have seen this before, and i do not think it means anything.
Thats about 1 to 3 decades ago, advicing hodlers not to panic based on that is not good enough in my opinion.

Truth be told, if you cannot handle the pressure of crypto currency, you had best to focus on day trading, It saves your from fear

Well in some instances this comparison makes sense with real believers and supporters, as time will dictate whether crypto will be rise again and gain people's interest in the long run, can be a good basis if you fully supporting this investment assets.

I still believe in the development of cryptocurrency, this is a difficult time when we see prices in the crypto market continue to fall, there are still many crypto products that have not been adopted in several countries, I hope to see crypto products be used in all countries

Yes. There are teething problems for everything that gets started. This is expected at this time for cryptocurrency. So don't panic. But if you are not made for it, you can decide to sell off. A friend told me he has drawn up 2 plans: short-term hold for 2 years and a long-term hold for 10 years. These are the guys that really inspires.

Hahaha that is really reassuring. So we better get ready for a 99% decline? I hope we wont fall that deep.

This shows that the cryptocurrency market has a chance to fall below the level where we are now. Something I became nervous and worry more.  ;D

People tend to believe in the good future and drive away thoughts of the bad. You should  understand that history does not always repeat. We do not know what will happen tomorrow and how long the fall will continue. Now the risks of collapse are very high.

You should also keep in mind that reaching another ATH will take huge time, even more than we can think. I think we will see another 2014+ time. Steady growth till 2020 and later, another ATH will come suddenly.

yes, the pain is the same way but I think hard to compare the stock with cryptocurrencies. Crypto market not gonna die this in the message you want to share.

very optimistic statistics) everyone should know that market goes up and down sometimes. and sometimes there are crysis. the best time to enter the market is crysis.

But crypto market is its early stage. So we can expect more from the crypto market. As we can say that bitcoin may be over valued, because on daily adoption Bitcoin fluctuates much more.

I do not agree with this argument, and cryptocurrency is not held back by investors, sure a shake out of all panic sellers is ideal, but how actual is that concept, we have had so much pumps and drops,to greater degrees than we are witnessing now. That should have been sufficient to shake out all weak hands.

We need all kinds of investors in this space.

The market will survive that for sure. I even hope for a trend reversal closer to February 2019 ... While we still have to hold on somehow. I think Bitcoin could fall to $ 3,200. (((

I guess you made this to make us more relaxed about the situation but this is a different thing compared to the cryptocurrency market and I honestly feel the bad situation will linger around for a while

This is a really uplifting picture to see. I knew it was bad for them but didn't realize quite the extent to which that was the case. With all new markets and inventions it takes time to break down people's barriers to change, they'd much rather dismiss something than embrace it. It was the situation with the internet and I see the same happening here and now.

Yes, most of us know that the price movement and changes are part of the game but I don't think we can compare blockchain technology and Cryptocurrency with those traditional companies unless the world and its government embrace Cryptocurrencies and blockchain technology.

I think these companies has to do with the current market's situation now. Although some says that we cannot compare those companies to blockchains but still there is pattern of simillarities. Everyone is hoping for the market to comeback so that everyone would be quite happy and continue business in cryptocurrency.

You are absolutely right and I also think that in general everything will be fine, because I believe that cryptocurrency in general is a very promising direction for the development of the world economy, so I think and hope that in general everything will work out and will be fine.

I don't know why people despair, it is to be expected that this happens in an innovative market like this, many times dips happen so they bring a lot of FUD, but then when we use the true potential of cryptos and blockchain, I think its utility will grow through the clouds, like its value, just need to have a little patience.

panic is a normal emotion, but sure there is still good news ahead.
don't let panic dominate and defeat some facts. more and more countries are starting to be interested in implementing blockchain technology in various activities. like in Thailand, the election already uses blockchain technology. there will still be good news in the future.

The collapse of the stock market in 2001-2002 and their further growth is a good indicator of how high the technology industry can rise from its knees after a sharp fall and continue to successfully develop. For example, Amazom shares rose from $5 in 2001 to $1600 today.

Every project, the same as crypto, during its infancy will experience a lot of ups and downs before it could become one of the top technologies in the world. I think BTC and crypto is experiencing such a situation right now. The technology is still in development so it is experiencing a challenging situation that I think it would weather soon.

I am also optimistic that the crypto market may start growing in 2019. I, just like you, believe that Bitcoin still has a risk of dropping to $3000- $3500, but I do not think that it will remain at this mark for a long time and will start to grow again in the first half of 2019.

I think that you are right that the crypto industry exists and develops according to other rules and laws, unlike the stock market of such campaigns as Amazon, Cisco, Yahoo and other major campaigns. Although I believe that the development of technology blockchain and cryptocurrencies is similar to the development of the Internet in the nineties of the last century.

I love this image.

It gives me hope, that just maybe i will be a Millionaire before i hit 75.  ;D

Well i just hope it will not take that long to achieve that, because something new will happen with cryptocurrency and i believe in a decade everything will change.
cryptocurrency and those companies are different, we need the miners to run the chain while they do not and right now some miners are stopping their mining rig because it is no longer profitable to mine it. if it keeps moving on, i am afraid that time will come faster from what we were expecting before.
They got manipulated heavily, but they could survive because they are companies. they have a leader to make a decision about everything, while cryptocurrency is something different, there is no central authority to make a decision when the market or the project goes south or to prevent the manipulation that could destroy the project itself.

The difference is the Crypto market and the US Stock Market have nothing the same. Theoretically it could be possible but in reality, we can expect something totally different. I wish the market will recover fast but only the time and maturity will say.

What to do on such market?

I don't panic, because i saw this before. I saw 3 years flat, these even worse, than price crush. This is not the end - this is new opportunity to buy some tokens on this great DEX (https://ethermium.com), or on Binance. This is probably the best opportunity of your life.

Our souls are trained in the current cryptocurency..
the ups and downs of a project really happened especially in the cryptocurency world..!!
the main thing is to start with a new step trying to hold back the assets we have,.

When can I start buying?

I would like to know that too. I want to buy, but the market totally unsettles me. Unfortunately, i do not know whether we have reached the bottom or not.

Yes, you are absolutely right. Fall are just part of the deal and belong in the life-circle. They are just a matter of time.

https://bitcoincasinokings.com/52-times-bitcoin-died-2010-2018-infographic/

This Infografic provides clearer information about Bitcoin travel so that it can be said to die 52 times. Even so, Bitcoin still exists today. Bitcoin prices are strongly influenced by news as a fundamental factor. If anyone asks when the price of Bitcoin will rise, the answer will be like ...

Is there good news about Bitcoin today?

Yes, by December last year, bitcoin pumped very strongly in price and we are still waiting for the fruits of this rash action. It is also possible that the whales took advantage of this situation and are now deliberately lowering its price. Those who now sell their bitcoins will eventually lose very much. Bitcoin will return to its previous price positions. And as practice shows, after each of his fall, he returns significantly stronger.

If you accumulate the fall in price, you will be frustrated, or you can take a look at the weekly Bitcoin chart to see how critical the situation.

now it's too late. because there have been many people who panicked at seeing the market. they have seen that panic from traders or investors makes the existing market worse

The graphics look good, but still do not really calm me down. I would be really happy if the prices did not drop any further. At some point the bottom must be reached.

Agree not panic, in panic you only will lose all their assets, which perhaps gravest hard kapili,I,too, support idea, that all actions must be weighed, and not tilting headlong and in panic all sell.since it is falling,believe me more money will be lost, so-the investor is a man with patience!

Thank you for encouraging us and I think bitcoin and altcoins has performed very well. Anything that will work will has to start like this and we should not really panic.  If you can hold for a very long time there is no way you will not make money if you buy now. I believe that the future holds alot for us and we are to risk alot to meet up with it.

Comparing such companies with cryptocurrency is not entirely correct. Their working principle is not exactly the same, therefore the influence on the market is somewhat different. Of course, this information added some optimism, but the growth prospects of cryptocurrency are somewhat vague.

Yes i agree with your statement there is point of panic because we never find stable market around the world. One thing more if there is market than there could be ups and down for the same. Someday there will rise and sometimes fall..
Same was happened with amazon and others companies but if they were panic at that time then there might not be company name amazon, cisco. So be stick with your goals.

We must remain calm. Great information. I think this will be the same. It is just a slight fall before a big takeoff. Let's be a little patient.

Honestly? I know that your intention is good but I don't think It's necessary to show this picture. This is something that happens with gold, stocks, real estate, literally on everything that is based on supply and demand. My point is this, If you believe in the technology you'll always hodl, If you're just here for the money, you'll panic sell at the first occasion you get after a price crash.

A meritable post for this day i have seen.


People do talk majorly on Bitcoins price, panicking when it dumps and FOMO when the price shoots up.I dont see a reason for it to be compared with Stocks.
Those declines almost 99% are common and very plausible but we know on whose people or big players behind when it comes to traditional investments.
For Crypto it would be an another story.

It simply shows that every businesses there are always failure but they didn't panic and they do good strategy to make it better. Just like in cryptocurrency we also face problem such declining market and price but we should not panic and just think alternative to resolve this problem.

I think it'll not the same all the time. I know that patient is the key but sometime it's also not. It's fine if you guys keep holding although market is bleeding but only with good cryptocurrencies only, there are so many guys are holding shitcoins and hope that everything will be better. LOL.

I understand you want to cheer up those who are discouraged. But I think that the behavior of different markets is completely different, even at some point it seems that they are similar, but it is not so. And you should not expect such indicators from cryptocurrencies, just keep your hand on the pulse of events.

Agree, we can't ignore technology blockchain technology, the digital era is neutralized, this breakthrough is better than traditional, it's just still in transition

I must admit that the Amazon and Yahoo price drops look spectacular! It seems that this is a very good example of a similar situation that we observe today on the cryptocurrency market. I hope that soon we will celebrate similar profits as the hodlers who were holding Amazon and Yahoo shares.

It seems that the current economic situation is in crisis, especially with the many downturns that occurred on the Crypto stock exchange, but seeing the picture above does reduce the burden a little because seeing assets fall very deep, is it possible that Crypto will rise again? we are just waiting for the episode that happened to Crypto at the end of this year.

Thank you for this article. I have alot faith after reading it.  :)

Nonstop of giving hope. It is a good thing but should we really compare bitcoin and other crypto currencies to that?

I do think it is a different thing. Currency over investments, if that is the case then we are now telling ourselves that bitcoin is a commodity only. Then, we should stop thinking of it as a currency?

But thanks for the share. Somehow it may give hope to those who are now feeling down and in panic. Maybe it could calm them down a little.

Well to be a strong and stable market, it has to prove itself time and time again just like many other industries. Its basically the survival of the fittest. If it survives then it'll become strong and i hope and believe that it'll survive.

Their is always manipulation in trading market in both cryptocurrency and stock market. So this type of decline is purely oppurtunity to buy in low so when market moves up it is a good time to sell it. As it is expected as the market moved up very high so the correction is also expected as high.

Thanks for the picture, it denotes hope for the future. This has given me a little courage to push on, because it looked like crypto was already coming to an end but with this picture the level of panic in me has reduced. We hope for the best in cryptospace.

It mean that we will see dump deeper  ;D BTC is not falling on the 97%. Wait and buy BTC by $800! Seriously I wait more hard time for all crypto investors. And not only. Oil Brent today was dumped also. Some currency on the same way. All markets dumps.

This comparison with large corporations has already occurred and also at the time of a strong market collapse. I am sure that if you wait about 3-5 years, you will get a good profit from your current investment, but over the years there will be a lot of UPS and downs.

I think this is a great sign and that means that crypto will back all position and bad times are gone? But the main questions is when?

Thanks for the nice words, let's keep the hope alive. I still believe things will still get better as times goes on. Just as shown in the picture attached there is still hope that many altcoin will still get back to the very top it used to be but in the main time I think we should all be investing now so that we will all be happy and make a whole lots when things get back to normal and price increase

I completely agree. The whole market is cyclical and built on the human psyche, in particular on its two qualities - greed and fear. It is very easy to manipulate the market)) Last year, everyone was afraid to be late to jump into the departing train, when they were buying Bitcoin for $ 15-20k, and now they are selling panic to take at least some part of the investment, fearing to lose everything. So we need to wait a bit and everything will be twirled by the new one) the market is cyclical)

I also believe that cryptocurrency, only at the beginning of a long journey and despite the fact that the market situation is bad, I am sure that the cryptocurrency industry has a great future and development prospects.

All markets today dumped. I saw today Oil BRENT, EUR/USD pair, some stocks - Amazon, Tesla, FB, Apple - all markets dumps. We watch on the crypto only. But what if we on the border of great crisis in the world? In this case more profitable will be bread, petlrol, weapons and gold. World is wide and difficult

It seems that cryptocurrency is not just affected by these decline in the market but also those biggest IT company are experiencing the terror of FUD. It is just one way to go until we could finally see the bull run but i am not if there will be a market next year. Though, some news are reliable when we do seek an answer so it is not that hard.

The table is a little reassuring, but not quite! I would like to believe it, only time will tell!

It appears all the major online giants had suffered from the massive market crash and finally recovered. The bitcoin biggest market crash was 2014 when it loses 85% of it value.

With this picture you have posted it seems that not only crypto is very affected but also other monetary institution as well so we don't have to worry about the recent bloodbath that we encounter. It will bounce back soon.

 The market is unpredictable, it crazy sometimes, yes, it happen before and it was even worst. What had happen recently in the crypto market is almost the same on the nature that happen in Stock Market. the good news is, it stay in the level of 4k as maybe the new resistance level of Bitcoin. If we are more keen reviewing it closely or if we have some expert analysis on the market, it seem that, the market is recovering or have its own market correction now. Let's wait if this will stabilized  at this status and go back to a more favorable level.