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Author Topic: Previous big crash of Bitcoin: Who was there and now here?  (Read 361 times)
Peacemaker1994
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December 10, 2018, 06:32:48 AM
 #21

The crash of bitcoin then and the crash we are experiencing now are two different cases and for the records bitcoin still had alot of crashes after 2013
basicnecromancycr (OP)
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December 10, 2018, 07:46:07 AM
 #22

The crash of bitcoin then and the crash we are experiencing now are two different cases and for the records bitcoin still had alot of crashes after 2013
Not sure this kind of a year-long falling trend happened before? And still, it's not clear whether the falling trend ended or not.
btyco
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December 10, 2018, 07:53:10 AM
 #23

That crash is different from the one happening today because it didn't have the infrastructure that we have now. Look at binance, all the payment gateways, venezuela, it will not fall for 3 years

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December 10, 2018, 08:23:12 AM
 #24

Now we have the big players more and more involved, so now there will be even bigger controlling of the price of Bitcoin. Also you have Bitcoin futures and also trading with leverage, whereby people can short and trade Bitcoin, like you would Forex, without even having to purchase or store any Bitcoin. These two instruments alone have brought the demise of the moon for Bitcoin holders and also Bitcoin enthusiasts. This is the wya down now for cryptocurrency and Bitcoin.


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mercedes321
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December 10, 2018, 08:40:00 AM
 #25

i wasnt in btc from that crash, i came in december 2016, and just in time to catch the crazy bull run, lucky 2017 year Smiley just to see neo at 5.5 usd recently,

what a bitconnects all over the places, 90% drop from its high is consider little drop, so BTC didnt drop hard, its stable. but i really hope it drops even more, unlike many of you here, i want btc to be 1.6k, i really do want that and neo at 2,3 buks, ltc at 15 usd, eth at 60 usd....

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December 10, 2018, 08:48:14 AM
 #26

I was there and I can tell you that is was not a good period for Bitcoin, because it just felt as if we were breaking through to the mainstream and then the crash happened.

My advice to all the people who are experiencing this for the first time, will be to stay calm and just stop watching the price. I ignored all the fud and the negativity and I got a huge reward for doing that in 2017 when it reached the ATH of $18 000+

Just stay calm and you will be fine.  Wink

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December 10, 2018, 09:58:18 AM
 #27

I'm not a veteran but this is about learning the past. If you believe that history repeats itself then its starting the cycle. Don't be discourage with current situations but look to the future.

There might be people that would tell you crazy for not considering the current dips but that's how they see it and its their opinion. As I've said, don't ever let someone discourage and let your feeling down if you believe to bitcoin.

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December 10, 2018, 10:21:09 AM
 #28

In the face of the economic crisis, financial markets are collapsing!
You can see that the stock market is also collapsing. Only when the world economy continues to move forward can you see the rise of the cryptocurrency market!
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December 10, 2018, 11:23:18 AM
 #29

I was at the time of the collapse of Bitcoin in last 2016, only the collapse of Bitcoin at that time did not last long so I could take advantage at that time. It is very different from the collapse that occurred this year, at this time I am very difficult to see the direction of the movement of Bitcoin, so it makes me unable to take any steps.
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