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Author Topic: Historic BITCOIN crash  (Read 1035 times)
zarados (OP)
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January 31, 2018, 03:55:32 AM
Last edit: January 31, 2018, 12:50:46 PM by zarados
Merited by suchmoon (4), Adriano2010 (3), NeuroticFish (1), fabiorem (1), John (John K.) (1), Vatimins (1), sweetbet (1), frowsiter (1)
 #1

let me remind you of this, that this is not the first time bitcoin has crashed very significantly and its not the worst of all crash. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:

2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496

If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
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Ranger4R
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January 31, 2018, 03:59:07 AM
 #2

seems all the time in the beginning of the new year it is happening
so without dump this there won't be a pump
so hold on, we are gonna make it.
John (John K.)
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January 31, 2018, 03:59:59 AM
Merited by PoolMinor (1)
 #3

Smiley It's all a part of the price discovery cycle, as the price still seems to be pretty much based off news/speculation still. We're still ending way higher then where we started every time we crashed.
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January 31, 2018, 04:01:31 AM
 #4

Speaking out over the " graphic " you showing us, there is still a way of earning for these who look on it, by buying today.
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January 31, 2018, 04:02:04 AM
 #5

I think that it will continue for a while then rebound around March. Not as significantly as it was, but still settle a bit and slowly rise. The more people that get involved the stronger it will ultimately become. The only thing then to do is to help stop fud and misinformation.
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January 31, 2018, 04:10:38 AM
 #6

My basic rule for bitcoin dump is! no matter what happened to the prices, just hold tight to my bitcoins and never even think of selling them. And they always gives me nice price boost after every dump. Grin
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January 31, 2018, 05:06:05 AM
 #7

It isnt crash. It is correction.
If it is crash, it will not go back to a higher value.
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January 31, 2018, 05:08:06 AM
 #8

let me remind you of this, that this is not the first time bitcoin has crashed very significantly and is not the worst of it all. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:

2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496

If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?

Thanks for the historical perspective. Too many people get caught up in the nominal dollar amount of the recent correction without realizing it's really quite small on a percentage basis.
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January 31, 2018, 05:08:45 AM
 #9

I would have wanted to see all that market cap to go into alts, but seems to be going into fiat.

Heads up https://thenewresearchgroup.com/market-updates-rumors/2018/1/30/dont-be-stupid-be-like-the-winklevoss-twins-nx7dk
whirlcoin
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January 31, 2018, 05:13:13 AM
 #10

let me remind you of this, that this is not the first time bitcoin has crashed very significantly and is not the worst of it all. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:

2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496

If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
As you said the price of bitcoin is always in the down trend at the beginning of every year.So it is the golden opportunity for bitcoin buyers to make more lrofits buy more coins as you can and wait for the bump which will happen at the back end of this year.
paul00
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January 31, 2018, 05:22:56 AM
 #11

If this is not the worst crash, maybe the worst crash will come or maybe the crashed will end at -48% and I hope this will end in early february this year. Thank you for your information and this will help others for the future investor that this is not the baddest crash that we've encounter.
Wicked17
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January 31, 2018, 05:30:04 AM
 #12

let me remind you of this, that this is not the first time bitcoin has crashed very significantly and is not the worst of it all. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:

2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496

If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?

Yes it happen every year for the bitcoin price. Thanks for the good information you provide. But theres no need to panic if still the value will go down as long as at the end of the year will be an increase. It will bounce back by june to december so hurry up and buy more bitcoin while still on dump

MacaulaySpencer
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January 31, 2018, 05:32:57 AM
 #13

I think it's a normal crash. Nobody knows how much bitcoin will change tomorrow.
We don't have to panic
jritz2344973
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January 31, 2018, 05:33:57 AM
 #14

let me remind you of this, that this is not the first time bitcoin has crashed very significantly and is not the worst of it all. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:

2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496

If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?

Yes it happen every year for the bitcoin price. Thanks for the good information you provide. But theres no need to panic if still the value will go down as long as at the end of the year will be an increase. It will bounce back by june to december so hurry up and buy more bitcoin while still on dump

For the time being, Bitcoin is comparable to the Internet bubble, arguably one of the most extreme and largest bubbles. Some people think that the risk of cryptocurrency market growing, investors should be wary of the price callback risk.
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January 31, 2018, 05:35:06 AM
 #15

The way Bitcoin fluctuates you can  always expect it to crash sometime
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January 31, 2018, 05:36:49 AM
 #16

There are not really any bad news that are driving this, my conspiracy theory is that there will be a breakout soon and whales are pushing the price down now, to scare the speculators and the newbie traders. They need to buy more cheap coins and the only way to get people to sell their coins, is for them to artificially create a fake "dump".  ^hmmmmm^

Once the price reach a very low point, they will quickly buy up these cheap coins and more newbies and speculators will be pushed out of the market.

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January 31, 2018, 05:38:11 AM
Merited by poplolnman (1)
 #17

There are not really any bad news that are driving this, my conspiracy theory is that there will be a breakout soon and whales are pushing the price down now, to scare the speculators and the newbie traders. They need to buy more cheap coins and the only way to get people to sell their coins, is for them to artificially create a fake "dump".  ^hmmmmm^

Once the price reach a very low point, they will quickly buy up these cheap coins and more newbies and speculators will be pushed out of the market.

That's what's being spread over the internet, the whale conspirancy, but how you explain the fact BTC went to 19k on Dec 2017 ?
cryptobd86
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January 31, 2018, 05:39:05 AM
 #18

Some ideas of Bitcoin will increase. Bitcoin works through the trading process. One of his proofs is this. Prices will decrease as it is a normal matter. In the last few years, there are some variations of Bitcoin prices.

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January 31, 2018, 05:47:32 AM
 #19

let me remind you of this, that this is not the first time bitcoin has crashed very significantly and is not the worst of it all. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:

2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496

If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?

Thank you for this, It only shows that the decrease of the price that we are seeing now and the past few weeks has been a trend every year and it's all part of it. After this dip the price of Bitcoin, goes up again. So don't worry and do not panic. Just hold on to your coins and I am pretty sure it will recover again. Smiley

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January 31, 2018, 05:59:07 AM
 #20

if based on these figures, it can be assumed that 2018 we can expect a good growth! according to some we can break through the resistance line and descend to 8000, after which rapidly go up! I'm counting on such an outcome!
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