my gripe with the term "crash"

[isaac_clarke22]

~

Well for panickers, even a small percentage like .5% would be considered a crash for them now.
Sometimes for me, it differs.
I don't usually do it in percentage, but mostly from how much in USD it went down.
For example back in 2017 when BTC reached 20k, not breached, then after that it went down to around 7k.
I'll call that as a crash.

[maxreish]

You can't escape crash when you entered this kind of crypto inbestment. And isn't the demand and supply affected together with the market correction if whales like tesla company ought to sell and buy bitcoin?

Last time bitcoin drops 20% of its value but I never worried and continue to keep it, now its been doing a good job and market corrections are just normal to gain it's strength.

[Taskford]

When you're here long enough you'll probably start to ignore all of those click-bait articles and videos and stick with your own principles. I think all of them are just noises and only newbs will be easily swayed by them. You'll literally see a hundred times the media or streamer claims that Bitcoin will die or crash when we get a massive -70% correction from ATH every three years or so.

Just use your own filter. Remove the opinions and take the facts presented, build your own analysis, and believe in your investment before you buy and decide to hold it.

Sometimes carry out your personal research is the best way to to determine when and where the market will dump or pump for you to be part of the good news. Those people shouting that bitcoin will soon die or crash when it get to $70k or $100k are those babies investors who always listen to fake social media than their personal research.

Those people who always think about bitcoin is dying doesn't have any knowledge about bitcoin since if they know what bitcoin is and do a research about it they can say that corrections are normally happen. That's why its good thing for bitcoin investors to know on how to read the chart so that they may have a clue on where the trajectory going and what might possibly happen in long and short time period.

[Jet Cash]

Bitcoin is becoming more like gold, and physical sales are often not reported or reflected in the stats. With banks and investment houses becoming miners, this trend is likely to increase as they complete their clients transfers inhouse. The result of this is that reported prices are calculated on "retail" trades via exchanges, and may only reflect a small part of trading activity. HODLing increases volatility, so alert minnows with an appreciation of the evolving role of Bitcoin will have some great accumulation opportunities during these "crashes".

[meanwords]

-snip

You're not alone, that's for sure. It's just that youtubers needs something interesting to show to the public, even though it's mostly speculations and mumbo jump predictions. Just ignore them. You've been in the crypto world for too long so there's really no point in getting pissed, especially when you know what a "crash" in the crypto world really is (2018 anyone?).

[worle1bm]

Most of the investors are not familiar with bitcoin functioning and have invested just because of the high returns and some whales and Bitcoin haters took undue advantage of this and spread rumours using the terms like "crash" instead of correction or dip which just seems to fine.The charts are indicating red graphs with 2-3% dip and investors get panicked and start dumping their coins whenever they hear the news and see crash situation.So these are some manipulation techniques to divert the market and this could be solved by people getting aware about the market conditions and having patience and knowledge of trading.

[aoluain]

-snip

You're not alone, that's for sure. It's just that youtubers needs something interesting to show to the public, even though it's mostly speculations and mumbo jump predictions. Just ignore them. You've been in the crypto world for too long so there's really no point in getting pissed, especially when you know what a "crash" in the crypto world really is (2018 anyone?).

its sensationalism and attracting an audience so they can get views,
likes and subscriptions.

Any Youtube vide I see with this sort of nonsense headlines to attract people
I just move on.

"Crash" is used to catch the people who suffer from FUD

[AOBTCT6]

100% agree. A few occasions I've had to tell my Bitcoin friends to reign in their liberal use of the word crash. Receiving messages like "Bitcoin has crashed again" when it's down 4.5% gets me really angry haha.

[kryptqnick]

As a native speaker, surely you're aware that words can have multiple meanings, and 'crash' is no exception to this rule. According to the Cambridge Dictionary, one of these meanings is 'to fail', and the following example of usage is suggested in the dictionary:

Investors were seriously worried when the stock market began to crash.

So it's not just us non-native speakers using the word in a wrong way.
And I also disagree with the part about the price decreasing because of the whales. For instance, the price crashed on March 13, 2020, due to WHO announcing the pandemic, so various events can lead to the price changing.

[adzino]

so I have been in the game for quite some time now, buying/selling and even mining, being a native English speaker and too thick to learn other languages I have to suffice with what I have learnt, but the term "crash" every time the bitcoin drops 1% of its peek value is just absurd to me, As we have just dropped some due to tesla cashing out, and as far as I know, Every drop has been to some whale cashing out, so in what sense is this or any event like this ever a crash, this is a supply and demand, a crash is a critical error of the system! I am just fed up of watching you tubers saying there is a massive crash, no its a massive market correction people, The term crash imply  there is something  fundamentally wrong with the algorithm (like a 51% attack) and should seriously worry about our investment choices.

i am not worried, it will get there, massive ups with massive downs, and it would be a lot less if these videos and blogs would not hype the trend.


am I alone?

Lol, people when they see the price even dropping by 1%, they will start screaming crash. They usually do this to gain some attention or in order to spread FUDs. I don't even know how people enjoy doing that. I mean at one point, this becomes really annoyed.
And there are those main stream media. They start spreading anything and take advantage of "negative keywords" to gain more followers and attention. Hence they tend to use words like "crash", "ban", "lost" and so on in order to make people read those articles or watch their videos.

[eaLiTy]

Every drop has been to some whale cashing out, so in what sense is this or any event like this ever a crash, this is a supply and demand, a crash is a critical error of the system! I am just fed up of watching you tubers saying there is a massive crash, no its a massive market correction people, The term crash imply  there is something  fundamentally wrong with the algorithm (like a 51% attack) and should seriously worry about our investment choices.

A crash does not imply having a fundamental problem in the system, the meaning itself has the answer, any sudden drastic change to the value of 20% and above can be termed as a crash and it can happen due to many reason, when huge investors booking their profit and we know that billions are invested in a short period of time by huge investors and they can create a panic selling once they book their profit and the market could correct to the range of around or over 20%.