Are we repeating the 2014 BTC crash???

[Poink]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

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[debuni]

Stop with those charts. Bitcoin is not FOREX.

Current situation situation have nothing in common with 2014. You can't compare 2014 market cap with the current nearly half a trillion market. Dips like this is completely normal for crypto's.

[Dertcoin]

The truth is, bitcoin goes up and down every 2 months. It could go all the way down to zero just to climb back up to 15k in a matter of 69 days.

[leea-1334]

Oh that would be lovely if it happened, because more than two years later, Bitcoin reached the old ATH and all hell broke loose with almost 20x gain. If it crashes now, I would just be getting more Bitcoins. And patiently wait for 2021 to reach old 20k ATH and who knows, 100k?

Bitcoin does not repeat itself, it just follow similar patterns. If anyone knew for sure, then we would not have winners and losers, would we?

[nightmanisrightman]

The truth is, bitcoin goes up and down every 2 months. It could go all the way down to zero just to climb back up to 15k in a matter of 69 days.

But the last 2, although the price has gone down the dominance has gone up. I don't know about you guys but that seems like a bullish sign to me, last time that happened Bitcoin casually mooned up to about 20k . Practice some patience, the markets will move in due time.

[jvdp]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

Shit thread share the negativity about the bitcoin. In 2014 very few people only invested on cryptocurrencies. There is no ICOs at that time. I do not understand from which planet from you guys are coming.
You know that this kind of news great bad impact but you written like you are pray for good deed happen in future.
If possible lock this thread and do not create any fake news thread more.
OTHERS DO NOT BUMP THESE OF SPAMYARD THREADS.

[renes]

Stop with those charts. Bitcoin is not FOREX.

Current situation situation have nothing in common with 2014. You can't compare 2014 market cap with the current nearly half a trillion market. Dips like this is completely normal for crypto's.

I agree with you, there is lots of differencr between 2014 and today. It can crash now but rise can happen in a shorter time compated to 2014 crash

[Poink]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

Shit thread share the negativity about the bitcoin. In 2014 very few people only invested on cryptocurrencies. There is no ICOs at that time. I do not understand from which planet from you guys are coming.
You know that this kind of news great bad impact but you written like you are pray for good deed happen in future.
If possible lock this thread and do not create any fake news thread more.
OTHERS DO NOT BUMP THESE OF SPAMYARD THREADS.

Guess what?  You just did. LOL

If history can help us AVOID same mistake... why not learn from it?

Watching BTC dip down to $9,450 at GDAX right now...

[bob3772]

There may be similarities but in terms of where cryptocurrencies and bitcoin stand right now there are little similarities. Crypto is becoming more established and so it's unlikely to go through such a long bear period. It was breaking out of it until recently, todays binance crisis won't help but will be forgotten in days.

[morgan4140]

Friends, I really appreciate your opinion. What do you think today's situation in the cryptocurrency market can mean? Just a month and a half ago, the total capitalization was $ 1 trillion. What is happening?

[Poink]

There may be similarities but in terms of where cryptocurrencies and bitcoin stand right now there are little similarities. Crypto is becoming more established and so it's unlikely to go through such a long bear period. It was breaking out of it until recently, todays binance crisis won't help but will be forgotten in days.

My point is...everything up to this minute seem to match...including that breakout you are talking about.

Again, I am also praying current trend breaks away from the 2014 trend.

[bttmember]

All of a sudden there is massive fud and negativity again and the market is suffering, mostly it is fake manipulation like exchange hack, china ban etc all of them seem to be same old method to create panic.

[patrickrn32]

it is fascinating to compare the German and the English community, here in the English area is written so much negative, every day a new thread is opened in which the doom is prophesied ... Quite different from the German part ... real facts and informative is discussed .. about technology and so on ... almost everyone thinks positively, although the people have become a little more cautious but still it is more pleasant to talk there

[BryanK]

There may be similarities but in terms of where cryptocurrencies and bitcoin stand right now there are little similarities. Crypto is becoming more established and so it's unlikely to go through such a long bear period. It was breaking out of it until recently, todays binance crisis won't help but will be forgotten in days.

My point is...everything up to this minute seem to match...including that breakout you are talking about.

Again, I am also praying current trend breaks away from the 2014 trend.

I think it's a waste of your mind to allow such thoughts. I think this is another correction of the market, soon everything will fall into place.

[sonomaguy]

All of a sudden there is massive fud and negativity again and the market is suffering, mostly it is fake manipulation like exchange hack, china ban etc all of them seem to be same old method to create panic.

so you believe that there is a plot to push people to panic and sell their bitcoin at a low price, every thing is possible anyway

[JetSet11]

It does look quite similar. It wouldn't be too unreasonable to suggest that we may be in for a 2-year long bear market.

[Poink]

There may be similarities but in terms of where cryptocurrencies and bitcoin stand right now there are little similarities. Crypto is becoming more established and so it's unlikely to go through such a long bear period. It was breaking out of it until recently, todays binance crisis won't help but will be forgotten in days.

My point is...everything up to this minute seem to match...including that breakout you are talking about.

Again, I am also praying current trend breaks away from the 2014 trend.

I think it's a waste of your mind to allow such thoughts. I think this is another correction of the market, soon everything will fall into place.

It does matter to me since I plan on buying BTC.   I hate FUD and this post is not geared towards that.  It is cautionary and last I checked, historical fact does not fall under FUD.  This 5 month match is just too much for me to ignore and might smack myself if BTC price does fall shortly.

[topesis]

I think if you think BTC will repeat 2014 crash then I will advice you sell all  your BTC, 2014, BTC went from $1000 to $200 that is 80% loss of the value from the ATH, the BTC ATH was $20k and the current price is $10k, that is 50% from the ATH. So people should make their own decision on these figures

[Poink]

I think if you think BTC will repeat 2014 crash then I will advice you sell all  your BTC, 2014, BTC went from $1000 to $200 that is 80% loss of the value from the ATH, the BTC ATH was $20k and the current price is $10k, that is 50% from the ATH. So people should make their own decision on these figures

I am an altcoin guy so I hold very little BTC...which I did use yesterday to buy alts that dropped in price.

...in a way, I already did what you suggested.

I buy BTC so I can buy alts.

[cryptoblue77]

I don't think that what has happened in 2014, would repeat in future. Because Bitcoin is more popular than it was in 2014. At present, a lot of investors are supporting bitcoin, so the price wouldn't crash.

[3DBrushes]

Nobody knows exactly for sure.
2014 crash was because of Mt.Gox hack and some kind of China FUD. At that time China was a massive player in the cryptocurrency space. Hack consisted of nearly quarter + bitcoins in circulating at that time so it was really a massive one.

[babygun]

These new topics keep popping up, displaying new charts and graphs with analysis, and all are meaningless.
Price of bitcoin is very volatile, right now price is going down now and maybe tomorrow it will go up again.

[Alanin]

The truth is, bitcoin goes up and down every 2 months. It could go all the way down to zero just to climb back up to 15k in a matter of 69 days.

It could not go to zero no...

[altcointalk14]

Stop with those charts. Bitcoin is not FOREX.

Current situation situation have nothing in common with 2014. You can't compare 2014 market cap with the current nearly half a trillion market. Dips like this is completely normal for crypto's.

Yes, it is true. In last 4 years bitcoin and all cryptocurrency was really change. You can not compare this two moments because now these situactions are normal

[Poink]

These new topics keep popping up, displaying new charts and graphs with analysis, and all are meaningless.
Price of bitcoin is very volatile, right now price is going down now and maybe tomorrow it will go up again.

I agree but for them to match over 8 months... yes 8 MONTHS or so, it is hard to ignore.

[go4crypto]

Not easy to know and compare that time-period but present BTC correction seems mostly over.

[imperatron]

Dudes, just relax guys. This is not the end of crypto... We are just in a dip and bitcoin is in a healthy correction and it will recover sooner or later. It is a bad time to sell your coins, so hold!

[JCLee]

I don't really care if Bitcoin will crash the same as it was in 2014 cause after the crash in 2014, Bitcoin is still alive until now and it's still the king of crypto world so I think if Bitcoin is going to crash this year, it'll come back with a new ATH price soon cause at the moment everything is different with 2014 so don't compare Bitcoin in 2018 with Bitcoin in 2014, it's not the same anymore.

[Poink]

Dudes, just relax guys. This is not the end of crypto... We are just in a dip and bitcoin is in a healthy correction and it will recover sooner or later. It is a bad time to sell your coins, so hold!

WHO talked about end of Crypto?     Only you mentioned it.

[Poink]

I don't really care if Bitcoin will crash the same as it was in 2014 cause after the crash in 2014, Bitcoin is still alive until now and it's still the king of crypto world so I think if Bitcoin is going to crash this year, it'll come back with a new ATH price soon cause at the moment everything is different with 2014 so don't compare Bitcoin in 2018 with Bitcoin in 2014, it's not the same anymore.

As I said earlier, it matters to me since I am buying in.  If it will fall, I'd rather buy the dip.  Wouldn't you?

[Jeff-reY]

Nobody knows exactly for sure.
2014 crash was because of Mt.Gox hack and some kind of China FUD. At that time China was a massive player in the cryptocurrency space. Hack consisted of nearly quarter + bitcoins in circulating at that time so it was really a massive one.

This is why the market is bleeding right now.

1. Mt.Gox dumping around 400mil in BTC in 2 months
https://www.coindesk.com/mt-gox-trustee-sells-400-million-bitcoin-bitcoin-cash/?utm_content=buffer219f0&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

2. The Japanese Exchanges are under fire
https://www.reuters.com/article/us-crypto-currencies-japan/japan-to-punish-several-cryptocurrency-exchanges-sources-idUSKCN1GJ1AE

3. Sec release statement
https://www.sec.gov/news/public-statement/enforcement-tm-statement-potentially-unlawful-online-platforms-trading?utm_content=buffer400eb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

4. Binance hack rumor
https://www.coindesk.com/funds-safe-binance-denies-crypto-hack-rumors/

[bandar]

Wgy do people look at the last month or 3 only??  Look at the graphs starting last summer.  Bitcoin went down to 1,8k and it rose up to 20k.  Hawe we forgotten how steep that rise is?  What would you expect?  More rise? x10?  It's not because 90% of the people on this forum bought in at >5k and probably 50% at more than 10k that this situation is bad or a disaster.  It's STILL way way up and so are eth and all the alts.  Do not forget we are still very high.  Of course it can go down way more, what would you expect?

As always, if you can't stand the heat, stay out of the kitchen...

[Johnny134]

A lot of people would be really happy for some sort of crash so they could get in on btc cheap. If it does crash , have your fiat ready to buy some more!

[clartedscunner]

Interesting but those are "just lines"

[sirenmoon]

The truth is, bitcoin goes up and down every 2 months. It could go all the way down to zero just to climb back up to 15k in a matter of 69 days.

Bitcoin is volatile and every correction phase acts on its own terms. I  agree with your statement. Bitcoin can fall fast and climb fast. We have seen its potential last year and we all expect even more from it. Investors base is high, demand is high, usage is high; there is no reason for the Bitcoin to drown. Patience is the key in such phases. People often panic; It can be seen every day. Bitcoin has gain reputability through the years and even the situation with the Tether was fastly resolved. There is no reason to panic because all market is red. It is better for all of us to do investment right now based on our financial capabilities.

[robynmario]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

Yes, I have a look. There are surprising coincidences. However, the past and present are two different periods of user community as well as the bitcoin mass discovered. The market is very different. I do not believe history repeats. I will forget about Bloomberg statistics 

[quotextecome]

I do not think we will return because the blockchain has improved

[Dertcoin]

The truth is, bitcoin goes up and down every 2 months. It could go all the way down to zero just to climb back up to 15k in a matter of 69 days.

It could not go to zero no...

Of course it can. Why not?

But in all honesty,, I thought this dip would be a temporary thing... But now I'm thinking this is another "heading for 6k then moon" thing.

I honestly never thought it would reach 9.8k... thought we would've bounced back from 10.4k into moon.

[unusualfacts30]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

Given that sec is trying to regulate exchange and there is vast amount of interest in bitcoin, we are in much better position than we were in 2014. Chart may look similar but you have to look at other things too which are much more important.

[Pulsar1x]

Back then it BTC crashed around 97% This is not the same even I wouldn't mind getting some cheap coins. The market is bigger and that kind of hit would need a serious action. Every decade we could see some very big crashes, but I think this is too early to see it this year.

[okissabam]

I hope it won’t crash, I have hold a few of my bitcoins for long term and I am not expecting it to crash down below $6k. It would be like going from the start when I started out trading. The reason why it is decreasing is because of the FUD about a certain exchange site, but hopefully it’ll recover again and tries to slowly go back up.

[EastSound]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

if ever it comes to that again then this is the right time to invest in bitcoin rather than sell all the investment we have and loss a huge profit in the next years to come .

[ingiltere]

Stop with those charts. Bitcoin is not FOREX.

Current situation situation have nothing in common with 2014. You can't compare 2014 market cap with the current nearly half a trillion market. Dips like this is completely normal for crypto's.

Actually all these pumps have similar patterns. OP has a point.
Luckily we are experienced so we exit from the top. Most of the people complain in forums are newbies. Experienced investors knew the risks and managed it well. Don't expect a trillion dollar marketcap value overnight.

[patrickrn32]

Stop with those charts. Bitcoin is not FOREX.

Current situation situation have nothing in common with 2014. You can't compare 2014 market cap with the current nearly half a trillion market. Dips like this is completely normal for crypto's.

Actually all these pumps have similar patterns. OP has a point.
Luckily we are experienced so we exit from the top. Most of the people complain in forums are newbies. Experienced investors knew the risks and managed it well. Don't expect a trillion dollar marketcap value overnight.

https://www.zerohedge.com/news/2018-03-07/cryptos-are-suddenly-dumping?utm_source=newsletter_452&utm_medium=email&utm_campaign=trading-coach-oli-news-und-kryptoletter-nr-46-18-fuer-den-08-maerz-mit-market-profile-daten


https://www.zerohedge.com/news/2018-03-07/bitcoins-tokyo-whale-sells-400m-bitcoin-bitcoin-cash?utm_source=newsletter_452&utm_medium=email&utm_campaign=trading-coach-oli-news-und-kryptoletter-nr-46-18-fuer-den-08-maerz-mit-market-profile-daten

[ajaymukund]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

Yes, there is a similarity in the price chart. But I do not think it will happen again. Bitcoin is currently the largest currency in the world and they are being used by so many people for money transactions. Clearly the impact of bitcoin is so great for so many people and I believe it will grow better in the future. Do not worry too much and keep up to date with more information.

[bob3772]

There may be similarities but in terms of where cryptocurrencies and bitcoin stand right now there are little similarities. Crypto is becoming more established and so it's unlikely to go through such a long bear period. It was breaking out of it until recently, todays binance crisis won't help but will be forgotten in days.

My point is...everything up to this minute seem to match...including that breakout you are talking about.

Again, I am also praying current trend breaks away from the 2014 trend.

I think it's a waste of your mind to allow such thoughts. I think this is another correction of the market, soon everything will fall into place.

It does matter to me since I plan on buying BTC.   I hate FUD and this post is not geared towards that.  It is cautionary and last I checked, historical fact does not fall under FUD.  This 5 month match is just too much for me to ignore and might smack myself if BTC price does fall shortly.

You're right that it's wise to look to the past, I just think that as I said previously, with the context being so different I think the two paths will diverge from one another fairly soon. Of course we could follow the exact path of 2014. I wasn't here in 2014 so it's hard to speak about the mood in the community at the time, any insight in to that would be interesting because that's what will decide how things pan out.

[Poink]

There may be similarities but in terms of where cryptocurrencies and bitcoin stand right now there are little similarities. Crypto is becoming more established and so it's unlikely to go through such a long bear period. It was breaking out of it until recently, todays binance crisis won't help but will be forgotten in days.

My point is...everything up to this minute seem to match...including that breakout you are talking about.

Again, I am also praying current trend breaks away from the 2014 trend.

I think it's a waste of your mind to allow such thoughts. I think this is another correction of the market, soon everything will fall into place.

It does matter to me since I plan on buying BTC.   I hate FUD and this post is not geared towards that.  It is cautionary and last I checked, historical fact does not fall under FUD.  This 5 month match is just too much for me to ignore and might smack myself if BTC price does fall shortly.

You're right that it's wise to look to the past, I just think that as I said previously, with the context being so different I think the two paths will diverge from one another fairly soon. Of course we could follow the exact path of 2014. I wasn't here in 2014 so it's hard to speak about the mood in the community at the time, any insight in to that would be interesting because that's what will decide how things pan out.

Well to date still matching the 2014 pattern...BTC just touched $9,235 (at GDAX) and dropping.  I am glad I held off my purchase.

[adroitful_one]

Most of the time before the price has reached an all time high, we bottomed out really low. So if that's what it takes to get to new highs, i'm completely cool with it. Would give everyone yet another chance to buy in for a really good price before climbing back up.

[MrSunshine]

We are likely headed to a 3 - 5 trillion marketcap of all cryptos combined by 2020. What path it takes to get there could be like a zig-zag, so just waiting for the future.

[Pechalka]

We are likely headed to a 3 - 5 trillion marketcap of all cryptos combined by 2020. What path it takes to get there could be like a zig-zag, so just waiting for the future.

On this winding path we will lost much 'passengers' - holders. But will get some heavy weight in the face of 'smart whales' who will buy all from weak hands

[crairezx20]

It's impossible to see back what happened in 2014. Even the price dropped these days it's still impossible that the price will drop a lot the same happen in 2014. There is another reason why the price drops these days, Either Mt. gox issue or the hacked binance, This may be a reason why the price decreased.

For me, it's normal to see the price decrease, if you compare the movement of the price from the past few years they are completely different.

As you can see from the chart the price is increasing year by year. So, we are still in the first quarter of 2018 you shouldn't be worried because I know the price can burst increase again just like last year this coming November or December.

[tylerik1]

Noo guys, we dont will repeat the crash like in 2014.. bitcoin already corrected a lot from the new ATH and I think we will hit a new bottom soon. The market is just scared of everything and it is the best time to buy in now!

[Cryptock]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

No, you can't compare this situation to that from 2014, for me this is only a hard months at the beggining of 2018 and btc will be  just going up in near time.

[CoinCollector006]

There are several drivers that explain why prices are declining

1. Its tax season in the USA, some people will doubtless liquidate crypto holdings to pay their tax obligations

2. There has been a whale selling the Mt Cox trustee bitcoins
https://www.zerohedge.com/news/2018-03-07/bitcoins-tokyo-whale-sells-400m-bitcoin-bitcoin-cash

3. There is still na tremdndous amount of FUD
http://fortune.com/2018/03/06/bitcoin-price-10-years-harvard-kenneth-rogoff/

I personally think people like Professor Rogoff have a stake in the current fiat money printing system and therefore will attempt to destroy bitcoin.
I am still holding my bitcoins, and don't want to be shaken out no matter what the pessimists say.

[seoincorporation]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

We are having a crash again but isn't the same this time... We are moving under other magnitudes. Bitcoin already hit $20,000 and it had a $10,000 crash. That's tons of money lost but, people aren't sad at all because $10,000/btc isn't a bad price at all.

It still has an awesome impact on economy markets, so, if the price keeps moving under 5 digits number, people will keep an eye on it. Is just a small ball becoming bigger and bigger.

[JaRViZZ]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

Every year there are some failures with bitcoin and we are looking for dependencies and we predict that he will behave this way this year too. All this is nonsense and is explained by the simple fall of the market or correction, and in this year, so, and lower demand.

[maliboom]

It is not possible to replicate that crash. Today the situation is completely different. Big banks are full of bit coins (even if they do not say it) and the spread is global. The correction is already over. you will see that under 6k will never go again

[Reez]

The market sentiment today is completely different than it was in 2014. Today the market cap is much larger and the number of users is also many folds more. It isn't this easy to crash the market now as there is new money coming in rather fast.

[gandhe83]

I think that will not happen again. The real user base will be the absolute backing to bitcoin back. Since then, the bitcoin organizers have done everything nice to create the spectacular bitcoin that we have witnessed. I will continue to hold that much longer to wait for the next boom. Right now, there will not be any hurt for the bitcoin coming from the bad stats and the hassle of the bans.

[Poink]

Looking at the responses, I think most reacted/responded to the title without actually reading the post and watching the video.  LOL

[European Central Bank]

it's conceivable. ultimately bitcoin, and especially alts, aren't much more useful than they were in 2013. it's all still nothing but speculation. and don't tell me ethereum is actually useful. it's main 'use case' is as a vehicle for more speculation.

i'm very disappointed that in this day and age it's still possible for 100% useless coins to be valued so high. i thought people had learnt something from previous bubbles. evidently they haven't so they're gonna pay for it.

[bob3772]

There may be similarities but in terms of where cryptocurrencies and bitcoin stand right now there are little similarities. Crypto is becoming more established and so it's unlikely to go through such a long bear period. It was breaking out of it until recently, todays binance crisis won't help but will be forgotten in days.

My point is...everything up to this minute seem to match...including that breakout you are talking about.

Again, I am also praying current trend breaks away from the 2014 trend.

I think it's a waste of your mind to allow such thoughts. I think this is another correction of the market, soon everything will fall into place.

It does matter to me since I plan on buying BTC.   I hate FUD and this post is not geared towards that.  It is cautionary and last I checked, historical fact does not fall under FUD.  This 5 month match is just too much for me to ignore and might smack myself if BTC price does fall shortly.

You're right that it's wise to look to the past, I just think that as I said previously, with the context being so different I think the two paths will diverge from one another fairly soon. Of course we could follow the exact path of 2014. I wasn't here in 2014 so it's hard to speak about the mood in the community at the time, any insight in to that would be interesting because that's what will decide how things pan out.

Well to date still matching the 2014 pattern...BTC just touched $9,235 (at GDAX) and dropping.  I am glad I held off my purchase.

If you foresee it following 2014's pattern then surely you're going to be holding of a lot longer? To follow a similar path would mean falling to a price near 2k to 3k.

I'm still of the belief that it's just a consolatory phase and bouncing off about 8.5k has helped in that belief but we'll see. Maybe something in between.

[Poink]

I am actually just waiting for $7k-ish.

[coinsontheroad]

There are so many different parameters effecting price, how can a comparison even be made with any other year?

Bitcoin is facing different external events, government reg, etc...

All things being equal you can compare the two, but all things are not equal.

[ekin4]

It's not the same but it has similar patterns. Now we have bigger market, more (quantity) and better (quality) coins. There are too many new investors. Market is not the same size. We can call it bear market but it's not as though as 2014 crash. Only time will tell if this is the start of a longer bear market.

[Poink]

There are so many different parameters effecting price, how can a comparison even be made with any other year?

Bitcoin is facing different external events, government reg, etc...

All things being equal you can compare the two, but all things are not equal.

Obviously, you did not watch the video.  

[Diced90]

We blame KYC requirements, regulators and all but TBH sometimes we do the most damage to the prices ourselves with the spread of such information.

all I believe for now is people are now making a living off trading and the price movement can be the responsibility of the guys, let us not panic all will be well.

[burdeN]

I'm not a panic seller, but all this stuff in addition with negative rumors coming from China makes me feel bad about the nearest future of crypto 

[karel88l]

I dont care if this will fall it would be only good,because now crypto is full of scam,scammers and morons trying to make fast money.Return to mean.

[yua_na]

I think so and i dont need the chart to gues that we are in 2014 crash again now. And this crash will last untill 2019 or 2020 start going up again at q3 2020 untill 2021. And this crash still because of mt gox hacked. I read somewhere that mt gox trustee selling their bitcoin for paying a d3bt to customer.

[ajoy]

it does not make sense to compare something that has been long in the scope of Cryptocurrency because the development of Crypto is different from the development of regular currency

[Mhedz]

Why should we need to bring back the old chart? If it goes thru at that price,then we should be grateful. We can buy more when it become so cheap as we know that when btc dump much,lots of people will buy more that would cause to btc to fly high again.

[Dreamchaser21]

Why should we need to bring back the old chart? If it goes thru at that price,then we should be grateful. We can buy more when it become so cheap as we know that when btc dump much,lots of people will buy more that would cause to btc to fly high again.

But the sad thing is we need more time before if comes back again if that things happen. I think for now don’t panic because this is just a result of so many negative news right now and let’s all hope for the best with bitcoin. The history may repeat itself but of course it will go up after a big fall.

[bob3772]

I am actually just waiting for $7k-ish.

If you believe we are following the 2014 trend would that not be a bad strategy? I would feel that looking to buy at 7k is more of a feeling that we will test 6k again but that the market will begin to recover sooner than later.

There are so many different parameters effecting price, how can a comparison even be made with any other year?

Bitcoin is facing different external events, government reg, etc...

All things being equal you can compare the two, but all things are not equal.

Nothing will ever be the same again so how can we ever compare anything? You just have to be sensible in your comparisons and know that all things are not equal and the conclusions that you draw will be limited by that fact.

[adsdas]

i dont think so. this moment is just a fluctuation when there are too fake news in the market. BTC also has a long time development in 8 years. So, I believe BTC will rise up soon

[Milamol]

i dont think so. this moment is just a fluctuation when there are too fake news in the market. BTC also has a long time development in 8 years. So, I believe BTC will rise up soon

This, of course, is a swing. But what is the premise that the market will soon rise again? This is also so, that there can be a continuous base near the bottom for the long time.

[engin978]

it is fascinating to compare the German and the English community, here in the English area is written so much negative, every day a new thread is opened in which the doom is prophesied ... Quite different from the German part ... real facts and informative is discussed .. about technology and so on ... almost everyone thinks positively, although the people have become a little more cautious but still it is more pleasant to talk there

I wish i would speak German!!!
But we see much more pessimists when the market is bearish....

[preshpr1nce]

Looks more like a slightly stronger version of the 2016/2017 correction, look what happened in mid/late 2017.

[Tony116]

i dont think so. this moment is just a fluctuation when there are too fake news in the market. BTC also has a long time development in 8 years. So, I believe BTC will rise up soon

I also think that the situation in 2014 is very different from the situation in 2018. First of all, the difference is that the popularity of bitcoin has grown very much during this time. I'm sure that the price of bitcoin is artificially kept at lows now.

[Dodoymabs]

Why should we need to bring back the old chart? If it goes thru at that price,then we should be grateful. We can buy more when it become so cheap as we know that when btc dump much,lots of people will buy more that would cause to btc to fly high again.

But the sad thing is we need more time before if comes back again if that things happen. I think for now don’t panic because this is just a result of so many negative news right now and let’s all hope for the best with bitcoin. The history may repeat itself but of course it will go up after a big fall.

Yes, we need to be strong enough to face the situation right now. Also, this is normal because we are dealing with the market which fluctuations are happening from time to time. For traders out there, this quarter maybe the best to buy coins due to almost coins right now are in such dip in value.

[euggio]

No matter what happens, I still continue to buy BTC before it's too late These primitive arguments about the crash are everywhere, they are written to no one's laziness.            

[Kolona]

Do not be so sure that Bitcoin will repeat his steps, during these 3-4 years. Earlier there was a huge agiotage in the market of crypto-currencies, now this agitation is not present.

[Xxxurrrad]

Apparently the correction will be delayed and may last for another couple of months. But it's okay, course will grow anyway and it will be possible to earn good money.

[go4crypto]

I do not see the current market conditions as bitcoin's 2014-2015 correction. At that time, there were hardly any altcoins except bitcoin. Now there are so many real world crypto projects so it is just a simple market correction that should be over soon.

[7788bitcoin]

To be frank i am not a fan of looking into bitcoin charts to determine the price at any given time,it is really unpredictable and no one could really calculate the exact path because of the amount of data available is really small,this is a new market and it will take a long time to have a comparison with the charts.

[MrSunshine]

According to the BMI (Bitcoin Misery Index), it is time to buy bitcoin: https://www.forbes.com/sites/chuckjones/2018/03/10/the-bitcoin-misery-index-bmi-is-flashing-a-buy-signal/

[bitcoinveda]

To be frank i am not a fan of looking into bitcoin charts to determine the price at any given time,it is really unpredictable and no one could really calculate the exact path because of the amount of data available is really small,this is a new market and it will take a long time to have a comparison with the charts.

Already we have seen previous charts about the Bitcoin from 2014, every year, in the beginning, the price of Bitcoin is kept reducing in the market. Of course, i too agree with you Bitcoin price is unpredictable Job and it depends on people how they are treating the Bitcoin.

[Milamol]

Since here is a comparison with the past, it would be interesting to compare with the stocks market of the early 20th century. Before the beginning of the great depression, the stocks market was strong, but then ...

[Poink]

Still following the trend...and if continues to do so, this may be the start of a massive drop. 

[Soroskatona]

Nah, nowdays the changes happen because of the press cryptos recieve, the regulations, etc.
The charts are similar but thats it.

[Poink]

IF it continues to follow the trend...we might see another drop after this slight rise--possibly breaking the February 6th low ($6,048).  I will be buying during that dip as it might be the last one (bottom) then prices should rebound hard after.

Just sharing my thoughts and plans...this is not a financial advise.

[Saoha]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

Anything can happen, however I think Bitcoin will be difficult to repeat the 2014 history.
It still goes up and down steadily, just the time will be long or short. The truth is that it keeps on rising over time. No need to worry!!! Let's see the price of Bitcoin this Christmas (2018).

[Poink]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

Anything can happen, however I think Bitcoin will be difficult to repeat the 2014 history.
It still goes up and down steadily, just the time will be long or short. The truth is that it keeps on rising over time. No need to worry!!! Let's see the price of Bitcoin this Christmas (2018).

FYI I am not worried, I just want to get the best entry point as much as possible. 

I believe it will bottom at $6-$7k then rebound beyond the ATH of $20k this year.

[PuertoLibre]

In my opinion this bloodbath will continue till the third quarter of current year and let's see what this year will bring us. Crypto booms are expected like other financial markets but this crypto noobs makes me crazy how person can blame others not himself. 2014 crash will repeat itself like other peak-booms and i expect at least 80% loss on cryptos for next crash.

[kulakvlad]

I think that growth will begin in a month, let it be slow, not important. Better slowly than rapid growth and then correction.

[Fenderr]

Stop with those charts. Bitcoin is not FOREX.

Current situation situation have nothing in common with 2014. You can't compare 2014 market cap with the current nearly half a trillion market. Dips like this is completely normal for crypto's.

You are absolutely right! Current market trend has defied all charts and has proven them ineffectual in the present situation. The current dip is what I call normal correction which is normal in the cryptospace and once the correction is over, everything goes back to normalcy. Shitcoins with no real use cases will definitely not survive the current dip which for me is a way of weeding them out

[Fenderr]

it's conceivable. ultimately bitcoin, and especially alts, aren't much more useful than they were in 2013. it's all still nothing but speculation. and don't tell me ethereum is actually useful. it's main 'use case' is as a vehicle for more speculation.

i'm very disappointed that in this day and age it's still possible for 100% useless coins to be valued so high. i thought people had learnt something from previous bubbles. evidently they haven't so they're gonna pay for it.

That useless coins got valued so high is the cause for concern. I guess a lot of people just follow the hype around this co called projects. Personally, I've once been caught up in a few and losing money this shitcoins is kinda awful. I wish Ethereum as a vehicle can really do their homework by vetting projects that intend to their ride on their platform, before allowing them to get on board. This also will go a long way in sanitizing the space.

[Rano]

Bitcoin is still young and has not been adopted and accepted widely yet. It surely will grow back to the 20k levels.
Probably it will stay low for the next few months until politics get tired of talking about crypto.

[Abdest_tozu]

i do not think. there is a recovering. It is rising so fast so it falls fast. i think there is normally. there is more healty.

[EastSound]

for me it got nothing to do with the charts you mention, because the situations depends not only to the movement of btc prices but to the happening in crypto world like banning of crypto on different countries, regulations of laws on crypto and so on.

[rapperug92]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

That's a negative thought. Don't worry and keep calm because the market will stabilize again. The prices will rise again and can go to the moon.

[Poink]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

That's a negative thought. Don't worry and keep calm because the market will stabilize again. The prices will rise again and can go to the moon.

LOL it is not a negative thought...it is called smart investing...positioning based on possibilities.

I know it will stabilize and know it will bounce back.

[bestr17]

I really dont think that there will be a crash or a situation similar to 2014 anymore. The whole situation is different at these days. Bitcoin is present as never before, also in the communication media.

[Chefironside]

it will go down a few more days. bitcoin will go down to $ 4000. sell all because they have started. but sell better today than tomorrow or the day after tomorrow. many people said at $ 10000 you must have HODL. And now ?

[bitcoinveda]

I really don't think that there will be a crash or a situation similar to 2014 anymore. The whole situation is different at these days. Bitcoin is present as never before, also in the communication media.

Most of the communication makes bitcoin price to reduce more in the market, bitcoin market is a big volatile market compared to all others. Here there is huge risk involved in it but if you hold them patiently you will make some amount of income through Bitcoin.

[Baoo]

Well, everything is possible in the era of bitcoin, but you cannot compare what happened in 2014  with what will happen in this year because there is a lot of difference between them and in  everything ( the value of market cap, price , volume).

Furthermore, in this period and last 2 months, just there is a continuous decline in the value of Bitcoin and this may be a manipulation by some capitalists who have the largest proportion of funds in bitcoin and  they control the value of the price, also their goal is to ensure great profit in the future.

On the other hand, I expect that this crash will not last long and the price may return to the rise after few weeks, so  we must be patient.

[i40u]

During this time, the number of participants in the crypt grew hundreds of times, in 2014 there was a completely different situation. The main investors were only a few dozen fanatics.

[kortwyss]

How can you compare 2014 prices and 2018? Capitalization has changed, BTC value has grown, this situation will never repeat. Certanly, market can be affected by decreases, but not in a same way

[jacafbiz]

I think 2014 crash went from $1000 to $200 for mjority of the year thanks to Mtgox, with all what people are saying it seems Mtgox is the one responsible for this crash also and looking at the amount of BTC and Bcash at their disposal then its seems the market may likely stay this way for long period of time

[KwizatzHaderach]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

I think 2014 was the result of the Mt. Gox hack and failure. Still. everything can happen if more uncertainties weighs the market down.

[jackhdt]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

you don't need to pray. We don't will repeat the crash like in 2014. In 2014 and 2018 is completely different. And whether in the year 2014, bitcoin crashes but it still lived and flourished as the present. it proves that Bitcoin has overcome difficult challenges. now, we have a strong crytocurrencies community. not fragile as the year 2014

[BitLendingClub]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

I think 2014 was the result of the Mt. Gox hack and failure. Still. everything can happen if more uncertainties weighs the market down.

Not important why. But important where after. When we will see uptrend than all negative will die   ATM not crash as fact but joint actions all whales and government (i.e. whales) for BTC weaning

[bigcash2011]

It is just the stress and negativity of the bears in the market, stay calm and let the market volume come back, i hope we will see market going above 1 trillion this year and then strong bulls will be back and no stopping for the coins.

[yunuzov]

It wouldn’t be wise to compare the bitcoin with  it’s 4 years earlier state. A lot has been changed since then. Crypto market grew a lot and market cap increased very much. There are many new actors in the game so as you can see conditions are very different than 2014. So it doesn’t make sense to wait same behavior from bitcoin and crypto world. We are in a totally different situation right now.

[kllondd]

Why do you believe in these arguments, if then the situation was completely different. Now the crypt is being legalized at the state level, what kind of collapse can we talk about?

[Poink]

How can you compare 2014 prices and 2018? Capitalization has changed, BTC value has grown, this situation will never repeat. Certanly, market can be affected by decreases, but not in a same way

Have you watched the video?  Compared the graphs?

IF you looked at it and compared, the trend is still followed since 2 weeks after it was posted.  The BTC price followed the trend for the past 5 months.   That is too much a coincidence for me.  Sure, the price is different and even the speed it happens but it is following the same path proportionally.

The good thing is, it looks like we are approaching the last dip and start to recover.

For myself, I am glad I found this...helped me weather this crash and not worry much, actually it helped me hold and not invest more at $10k BTC.  I am still holding my FIAT and hopefully catch a better entry point.

The worst is still to come...we might see another 15-20% drop in value.  Good luck everyone!

[KalaiBTC]

Why do you believe in these arguments, if then the situation was completely different. Now the crypt is being legalized at the state level, what kind of collapse can we talk about?

And even if there was a collapse, bitcoin not only managed to survive through it but made a lot of progress since then which shows it is not vulnerable to such kind of crisis. In digital market, every time is temporary and duration of all phases is small one. Bitcoin is not making any great progress for the time being but that does not mean it would remain this way forever. It is going to touch 30k dollars by the first sunrise of 2019.

[KryptoKai]

Every bear market crash is different so you cannot compare one with the other based on a chart. The reason for this crash is the mt gox sell off and the increasing number of regulations from different countries. The G20 summit has dismissed the need for regulation and the next mt gox sell off is after september so we should be ok now

[kulakvlad]

Every bear market crash is different so you cannot compare one with the other based on a chart. The reason for this crash is the mt gox sell off and the increasing number of regulations from different countries. The G20 summit has dismissed the need for regulation and the next mt gox sell off is after september so we should be ok now

I really hope so, although I think that the restoration will begin a little later.

[Musstang]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

Thank you for the video.
There is a similarity, but, as mentioned above, we should not compare 2014 and 2018.
Soon everything will fall into place. It remains not long to wait!

[Ab-Soul]

Isn't that obvious? Every pump has a dump, every bull market has a bear market following.
Market is doing same cycle every time, if you haven't found yet this is the right time to notice. Learn from your mistakes and don't repeat them.

[Poink]

2014 trend is still being followed...good entry/buy point may be coming within the next 24 hours

[cakmabokgot]

I am sick of seeing, repeating DOT.com, repeating bla bla crash, general market cycle depression, frustration and other stuff.
BTC is one of the most manipulated things we see in finance sector nowadays. We are not repeating anything. We are just getting started.

[v0rtecxz]

how much nonsense will continue to be heard, too many negative news circulating at this time, your question is also the same thing with negative issues, i will answer your question bitcoin will not repeat the same accidents that happened in 2014, you can see later in the future you will find the bitcoin is at an unexpected value, so far I continue to think positively on the development of bitcoin and not really care about the nonsense in circulation at this time,

[Poink]

I am sick of seeing, repeating DOT.com, repeating bla bla crash, general market cycle depression, frustration and other stuff.
BTC is one of the most manipulated things we see in finance sector nowadays. We are not repeating anything. We are just getting started.

how much nonsense will continue to be heard, too many negative news circulating at this time, your question is also the same thing with negative issues, i will answer your question bitcoin will not repeat the same accidents that happened in 2014, you can see later in the future you will find the bitcoin is at an unexpected value, so far I continue to think positively on the development of bitcoin and not really care about the nonsense in circulation at this time,

You can either bury your head in the sand or face it and use it to your advantage.

I did not say it will die...rather it will crash like 2014.  Look where we were in December 17...likewise, I know it will recover.

[Enzo05]

Stop with those charts. Bitcoin is not FOREX.

Current situation situation have nothing in common with 2014. You can't compare 2014 market cap with the current nearly half a trillion market. Dips like this is completely normal for crypto's.

I agree on what you've said and if market is red just hold and wait till the market became green again . It's not good if you gonna sell your crypto or btc . Right now it's the best time to buy and HOLD .

[Poink]

If the 2014 trend is followed, last major dip (bottom) may be coming the next 24 hours (or so).  This could be painful to watch...

[Idrisu]

The system look the same and that gives us hope that bitcoin and cryptocurrencies to overcome this clash. I believe that 2014 and 2018 is showing the same price pattern and we believe that now should be a buying and accumulating moments and not really a selling or distribution moments.

[karel88l]

Dumb money come in,dumb money went out I am waiting for next wave.

[icalical]

You can compare the crash of 2014 and the correction right now. The market cap has hugely increased since then. This is just normal (and probably healthy) price correction for an asset. It also prove that Bitcoin and generally crypto is not in a bubble. I don't say that the price can reach its peak like in the end of 2017 but market will soon recover

[Poink]

You can compare the crash of 2014 and the correction right now. The market cap has hugely increased since then. This is just normal (and probably healthy) price correction for an asset. It also prove that Bitcoin and generally crypto is not in a bubble. I don't say that the price can reach its peak like in the end of 2017 but market will soon recover

What is your definition of correction vs crash?

This is definitely a crash but I agree that recovery will start soon.  Before that, we might see the bottom today (if not tomorrow).

[chiggx]

it sure seems like it but i also hope like you that we snap out of this soon!

[Rhaizan]

Stop with those charts. Bitcoin is not FOREX.

Current situation situation have nothing in common with 2014. You can't compare 2014 market cap with the current nearly half a trillion market. Dips like this is completely normal for crypto's.

I agree on what you've said and if market is red just hold and wait till the market became green again . It's not good if you gonna sell your crypto or btc . Right now it's the best time to buy and HOLD .

Yes it's not good if you sell your bitcoin, but what if you need a money for an emergency? Of course you will be forced to sell your bitcoin for it.

[GreatBug]

2014 trend is still being followed...good entry/buy point may be coming within the next 24 hours

For me it is not the same situation cause i think that this down will last longer and after next few months the prices will just pump but we need to be patient for more time.

[mikaeltomcruz12]

How bitcoin overcome this straggles? Why this wont end? Bitcoin recover in short term and then it will happen again the price dump all cryptocurrency affected.

[Poink]

2014 trend is still being followed...good entry/buy point may be coming within the next 24 hours

For me it is not the same situation cause i think that this down will last longer and after next few months the prices will just pump but we need to be patient for more time.

It could but historically we should be entering the recovery phase soon....it doesn't mean there will be no more dips but the movement should be upwards in general.  Then again, this is crypto world so anything can happen.

For me, I want to believe that the "suffering" is about to end.  Either I am correct or I am entering the denial zone. LOL 

[preshpr1nce]

Times are good in my eyes, this is very understandable after such a huge pump, of course we will have a big correction phase, the difference between 2014 vs now is the amount of people who know about it, once we see good stability people will grow in confidence and we will have plenty of room for growth, I like the idea of being in a good position with the market at 250 billion rather than at 800 billion, much more room to grow now!

I don't mind if this goes on a bit longer, I'm in a position where I can buy quite a bit each month, more BTC for me + more room to grow can only be positive long term.

keep buying at the dips if you've got the money spare, don't be buying more than you can afford, food, bills and living comes first, with what's left just buy and take a longer term approach, the biggest mistake people make with trading is expecting to get rich quick, if you set yourself up right you can get yourself well a head in life vs just wanting to double up for a new phone or something meaningless.
during a bull market it'll leave most people quicker than they can buy, the best traders buy in fearful markets and sell in positive ones.

Also if you don't have the experience to really narrow down on good projects, just hold BTC till we go a bit more bullish, then the risk on altcoins will reduce, right now alts are a bit risky for the inexperienced types and you may end up losing BTC value, the alts are losing value greater than BTC and only a few are holding strong or gaining a little profit.

[publicjud]

I did not believe that the situation could happen again for the following reasons:
- the total capitalization of crypto has grown significantly since 2014.
- many countries have adopted Bitcoin.
- The crypto industry has developed significantly since that time.
But the market continues to fall and very unpleasant feelings creep into my mind more and more))

[HatakeKakashi]

The price of the bitcoin start decreasing again we don't know until when the bitcoin decreased the price more or it will be stable or become high again. I hope the price crash happened last 2014 will not happen to this year.

[minersday]

There wasn't any crash on 2014, there was just a dip, and it was not even caotic like it is.

Just hold, dont sell anything.. Maybe you meant the crash of 2013, that was a REAL crash, and i am sure that it wont be the same as this one.

The price of the bitcoin start decreasing again we don't know until when the bitcoin decreased the price more or it will be stable or become high again. I hope the price crash happened last 2014 will not happen to this year.

[Psynthax]

You can compare the crash of 2014 and the correction right now. The market cap has hugely increased since then. This is just normal (and probably healthy) price correction for an asset. It also prove that Bitcoin and generally crypto is not in a bubble. I don't say that the price can reach its peak like in the end of 2017 but market will soon recover

What is your definition of correction vs crash?

This is definitely a crash but I agree that recovery will start soon.  Before that, we might see the bottom today (if not tomorrow).

There is no a lot of difference between correction and crash, but that's only different from the phrase of the word.

It doesn't matter how people called it as. But we are at another downtrend again. The bottom will be appearing as soon as possible; It takes a short time to get another bump still after that.

There is a lot of tax news to the crypto right now.

[Akses01]

It's true that the bitcoin price is fluctuating, so I'm sure it will give us hope that bitcoin will manage all the issues so far and at the end of 2018 will show the price predicted by crypto experts and it's time to buy coin2, so we can get a profit at the end year 2018.

[prabakharras]

percentage wise yes, and this time at ten of thousands the magnitude scale

[mahoni2100]

I think it is logical to look at the past year and to pronounce the present year because it can be taken as an example because it shows great similarity.

[prabakharras]

2014 was a 2 year bear
https://www.coingecko.com/en/price_charts/bitcoin/usd
now that market is magnitude larger
it's either going to be 1 year bear or a 4 year bear
love to find out

[kodtycoon]

You can compare the crash of 2014 and the correction right now. The market cap has hugely increased since then. This is just normal (and probably healthy) price correction for an asset. It also prove that Bitcoin and generally crypto is not in a bubble. I don't say that the price can reach its peak like in the end of 2017 but market will soon recover

What is your definition of correction vs crash?

This is definitely a crash but I agree that recovery will start soon.  Before that, we might see the bottom today (if not tomorrow).

There is no a lot of difference between correction and crash, but that's only different from the phrase of the word.

It doesn't matter how people called it as. But we are at another downtrend again. The bottom will be appearing as soon as possible; It takes a short time to get another bump still after that.

There is a lot of tax news to the crypto right now.

Crash is crushed to no value, such a definition can not be summed up into a crypto market that should not be equated with another, this is only a correction of market demand still exists and not distracted by the news. In 2014 there is a kind of burglary that causes losses in a market causing problems of decline, dont look at the year in the market chart statistics but look thoroughly at what's going on at the moment cheers.

[arjuna BTC]

this is not repeating, but normal movement in crypto price,
so, don't even think crypto is like others investments mate,,
the fundamental in crypto is very complicated, so the price could go down more or even go higher and hit another ATH in few days
just keep calm and think positively

[hansbans]

The current sharp declines are reminiscent of what happened in 2014. But I think this time we will not see such an end. I think it will rise again in a few days to 10 thousand dollars and we will be comfortable again

[Poink]

There is no a lot of difference between correction and crash, but that's only different from the phrase of the word.

It doesn't matter how people called it as. But we are at another downtrend again. The bottom will be appearing as soon as possible; It takes a short time to get another bump still after that.

There is a lot of tax news to the crypto right now.

Crash is crushed to no value, such a definition can not be summed up into a crypto market that should not be equated with another, this is only a correction of market demand still exists and not distracted by the news. In 2014 there is a kind of burglary that causes losses in a market causing problems of decline, dont look at the year in the market chart statistics but look thoroughly at what's going on at the moment cheers.

While I know crypto is different from stocks, the stocks description of crash is a dip of more than 20%, correction is less than 20%.

I'd say similar applies to crypto though the % threshold may be a bit higher.  To me losing more than 65% is  a crash and people who say it is just a correction is/are in denial.

[KEPLER99]

You can compare the crash of 2014 and the correction right now. The market cap has hugely increased since then. This is just normal (and probably healthy) price correction for an asset. It also prove that Bitcoin and generally crypto is not in a bubble. I don't say that the price can reach its peak like in the end of 2017 but market will soon recover

What is your definition of correction vs crash?

This is definitely a crash but I agree that recovery will start soon.  Before that, we might see the bottom today (if not tomorrow).

The present situation is no doubt a crash. The whole digital market is facing a dip. But if considering it as correction lessen the pain in the heart of holder, he can think this way too. At least, it would give him strength to fight the present situation and stop him from selling out his coin due to panic or distress.This dip is actually driving investors crazy now. Apparently, many are losing their faith in digital currencies but it won’t stop bitcoin and altcoins from making progress.

[fia_naila]

I believe we repeating 2014 crash if we are not breaking $12000 mark untill june. But if we break it we are definitely entering bullish phase again and btc will creat new all time high. But if we did not make it we probably will see below $5000 some times in 2019 but not in 2018.

[Johnny Lgz]

Yes, but the different is that Bitcoin price has a larger development compared to its price this past few years, though the crash is only occurrence and it does happen to all types of businesses. and yes, I hope also for the early recovery than last year.

[Dertcoin]

Eth is starting to come back, it was 400 today.

I think bitcoin won't crash to 2014 levels anymore.

We have only 1 or 34 days left of FUD, because the ad sense stuff ends at june. After that we're bullish

[Klovezio]

I think it's a waste of your mind to allow such thoughts. I think this is another correction of the market, soon everything will fall into place.

I think so. Now the market is correcting, because many governments and social sites adjust policies toward altcoin market. Now all we shall do is to wait. Situation is different from before.

[3DBrushes]

I think it's a waste of your mind to allow such thoughts. I think this is another correction of the market, soon everything will fall into place.

I think so. Now the market is correcting, because many governments and social sites adjust policies toward altcoin market. Now all we shall do is to wait. Situation is different from before.

Does this even look like a correction to you? I will call this as a huge market crash. There is no sign of recovery as of now. Many analysts are still predicting that Bitcoin might go even lower than as of now. So guys just be careful if Bitcoin crashes again.

[Swanson]

agree that cryptomarket cannot be predicted and annually compared. But I still believe that we will refresh the bottoms.

[MrSunshine]

A likely reason as to why crypto perhaps crashed (tax payments) : https://medium.com/@cburniske/cryptoassets-flow-amplification-reflexivity-7e306815dd8c

We may look back on this time as the “Crypto Tax Crisis of 2018,” as thanks to tax liabilities we’re witnessing the most concentrated period of net fiat outflows that the cryptoasset ecosystem has experienced in its short life.

IMO in just a week the selling pressure will abate and we may rally.

[uszaty43]

Of course, i still dont understand why there are a lot of people who are comparing this kind of situations with previous ones on different years. This is totally absurd.

This reminds me that scene when the price collapsed from $20k to less than $10k and everyone was saying that we were on 2013 again

Today situation is completely different then in 2014
It's all about new rules and how the cryptoworld will adapt to them and backward
So many things come into the market from day to day
I hope for the end of 2018
The statistic, of course, can help, however, it's just a tool and not the main
The main thing is how the real world will adapt to a cryptoworld (and backward)

[AdamRay]

Yes, but the different is that Bitcoin price has a larger development compared to its price this past few years, though the crash is only occurrence and it does happen to all types of businesses. and yes, I hope also for the early recovery than last year.

Well they will recover soon, the current BTC price is down but still quite high compared to a few years ago, here I do not talk about the price at the end of 2017. But by the end of 2018 the price of BTC will rise higher price at the end of 2017.

[LodisMcguire]

The crash was happening because real problem,not because of some cheap FUD.If you look into last year chart,the movement will begun in june,just wait and see.If there are no movement in june,then maybe bitcoin will fall deeper and it will be bearish till the end of the year.

[Gotomoon]

The crash was happening because real problem,not because of some cheap FUD.If you look into last year chart,the movement will begun in june,just wait and see.If there are no movement in june,then maybe bitcoin will fall deeper and it will be bearish till the end of the year.

Bitcoin needs a changes of price to be increase so it would not repeat the before crash happens. Yes it was happen  last year so it need's actually a new moves for us to see the buliish trend again. So, most needs a positive because in the few months time it can recover.

[stomachgrowls]

Of course, i still dont understand why there are a lot of people who are comparing this kind of situations with previous ones on different years. This is totally absurd.

This reminds me that scene when the price collapsed from $20k to less than $10k and everyone was saying that we were on 2013 again

Today situation is completely different then in 2014
It's all about new rules and how the cryptoworld will adapt to them and backward
So many things come into the market from day to day
I hope for the end of 2018
The statistic, of course, can help, however, it's just a tool and not the main
The main thing is how the real world will adapt to a cryptoworld (and backward)

How can you be so surprised? This is very a very speculative market and people will connect on all sorts either on past price movements on previous years.They will connect it anytime so that they would have their own basis or analysis.Accurate or not but we cant stop those people who have this kind of presumptions as long we do know our homework on investing into crypto or into bitcoin itself we should really be aware and do know the risk into this kind of investment. Anything can happen we might see new ath or do dip once again or repeating the history itself.

[Mohondoa]

    I think not. because it's a different condition. because i think bitcoin's developers and holder already have experience in 2014, they must have a strategy for that situation. Even if it happens will not be as crash as 2014. But I hope it happens because of the opportunity to buy bitcoin at a cheap price

[Doovla]

In crypto market everything effects everything. Completely normal and excpected to see dips like this every year. Good profits will be made.

[henrybek3]

There are many technical analysts who read the charts. I see that most of the technical analysis in the crypto money market does not hold unfortunately. One of the most basic reasons for this is to try to apply the rules in the normal economy here. Interpretations made with normal economic data may not be valid here. Because what influences this market are the speculators and whales.

[maliboom]

I do not think that 2014 is repeated. It has stabilized and will not go under 6k. Now we can only grow

[AMHURSICKUS]

Bitcoin crash is only a part of getting more profit, so theres no need to worrt about.
If bitcoin repeat its big crash then i know it will also repeat its big rise or big increase in price
Just wait and see.

[lolchina]

Dont really see us going down back to 2014 price levels but yeah we will keep going down,imagine the fud and panic when countries actualy agree on how to regulate crypto.Even though this is a bad thing but it will lead to masive sell out and i will be waiting for it

[okissabam]

If it may have been slightly the same as of 2014, I don’t think it will have the same effect or crash like that of 2014 but if ever it will have the same effect then why would you worry? In 4 years Bitcoin will most probably reach the same price last year then of around $20k. That too would be possible if you base it on the same charts as of that in the past few years ago.

[cakmabokgot]

I don't think so... Actually it has no similarity

Right now, we do not have clear bearish or bullish sign but it seems possible to see BTC at 7.5-8.5k but it doesn't mean that downtrend is completely over.
Death cross happened and it is a very bearish signal so my opinion that we can see BTC at 5k in April.

Here is why?
Cartels, whales and big players became aware of how important BTC. BTC amount is limited to 21M.
Little fishes like us have some BTC. They want all the BTC we have. They are waiting all the weak hands to sell their BTC and gather all... So right now they are creating a huge FUD.

Right now the BTC correction level is 70%, people are talking about 95% correction. I don't want to be the pessimistic however to shake the last week hands they can try 80-85% level.
We have to hold on tight to our BTCs. Don't sell them if that money is needed urgent for you guys! BTC won't crash and it is going to bounce so hard, non of us will believe what has happened. Just a little more patience. Everything is going to be alright.

[xenomorphe1]

I think yes, there is a high probability that it is repeating the crash. A lot of people don't want to believe in this, but it is always like that.
People only want to save their profits. There is certainly more losers than winners now.
Last year, everyone thought that they can all win in the game. But it is not true.

[2Pac]

We can see similarities but there are also differences, like user number, volume amount, exchange number etc.
We are still in bear market and we need more time to get rid of this depressing market.

[dongle]

The rain falls during the qingming festival, and the passers-by are dying. Use this poem to match the recent bit of the market, no matter the time or the poem expression, really is in the right place! It seems that bit's banker is quite knowledgeable.

[NASer122]

There is a lot of reason to say that people who don't understand are meaningless. Even a lot of people say such silly words: understand, but still live a bad life. It's self-deprecating, but it's also in a way that you don't understand.

[MFTHC]

There is a lot of reason to say that people who don't understand are meaningless. Even a lot of people say such silly words: understand, but still live a bad life. It's self-deprecating, but it's also in a way that you don't understand.

As market analysis, clearly know most people and most analysis are bullshit, but it happened that a lot of people to follow, some of them are really stupid, some is he who knows nothing but pretends to know, and some is god knows why.

[MFTHC]

Before, I found that it was useless to play the piano, and it was easy to get black, so I didn't hate it. And everyone can't be absolutely good or right, so they don't go to the pot again.

[patrickrn32]

hm, hard to predict, but if you look at the Daily BTC chart, another BIG downmove could happen...
if this happens, i think we will see BTC under 3000$ ... i dont hope so, because that would be the end of many alts

[matipoto]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

Now we are nearly in mid-April and I'm starting to think the same thing... although the situation is now very different from 2014, because the market cap was very small at that time and the mass adoption of cryptocurrencies wasn't even started in 2014 (just think about ICOs and all the companies who have financed themselves through it)...

[xuv500]

History repeats itself on most of the things but for Bitcoin it won't in terms of crash I believe. In 2014 the familiarity and the demand is far behind and the crash may happened due to some reasons but not Bitcoins familiarity and demand is very high, crash kind of thing won't happen now. The current price fluctuation is just a part of volatile crypto market I guess.

[Poink]

History repeats itself on most of the things but for Bitcoin it won't in terms of crash I believe. In 2014 the familiarity and the demand is far behind and the crash may happened due to some reasons but not Bitcoins familiarity and demand is very high, crash kind of thing won't happen now. The current price fluctuation is just a part of volatile crypto market I guess.

Really?  Where have you been hiding since Christmas???

In case you missed it...BTC value (and the WHOLE MARKET in general--yes that include all the new alt coins) lost 70% since Dec 17,2017 on Feb 6.  If that is not a CRASH, I don't know what is.

[BestSSS]

Today we are again seeing a very sharp drop of bitcoin with just one candle in 5 minutes by 4%. He just did not give up! Now the market is dominated by panic and taxing bears and I think we all still go to the area of ​​$ 4000 on BTC and only from there we will begin a smooth growth

[EleGiggle]

I do not think so even if it's like the situation in 2014 it does not mean it will be repeated all the time

[btcblockchain]

2014 Btc crash is different from present day downfall now the market is consolidating but 2014 there is no support and trust in the market so it took more than 2 years to bounce back now we can governments supporting Bitcoin so we will bounce back for sure in large way

[sannyday]

I find the market behaving strangely. There are so many good things happening, btc transactions are fast and cheap, big names buying into crypto etc. but interest has fallen down so much, the price and the volumes. Its odd. I mean its way up from 12 months ago, but still, given how much better it is now its strange the price doesnt follow and keeps bouncing up and down in this small range.

[vlad06]

I find the market behaving strangely. There are so many good things happening, btc transactions are fast and cheap, big names buying into crypto etc. but interest has fallen down so much, the price and the volumes. Its odd. I mean its way up from 12 months ago, but still, given how much better it is now its strange the price doesnt follow and keeps bouncing up and down in this small range.

Patience, young Padawan.

[Xxxurrrad]

In some ways the situation is certainly similar, but the market has since changed a lot. I hope that the fall will not be as long and the growth will start soon.

[sannyday]

I find the market behaving strangely. There are so many good things happening, btc transactions are fast and cheap, big names buying into crypto etc. but interest has fallen down so much, the price and the volumes. Its odd. I mean its way up from 12 months ago, but still, given how much better it is now its strange the price doesnt follow and keeps bouncing up and down in this small range.

Patience, young Padawan.

I've been in crypto for a few years, wouldn't call myself padawan, but hey I get it you need to feel better about yourself, not like you can give a relevant answer anyways.

-- and no newer account doesn't mean jack-shit

[onetwostep]

Crypto money and bitcoin are much more known than their predecessors. For this reason I do not think we will experience a significant decline in 2014. More people now want to buy bitcoin, and therefore prices will not be allowed to fall too much

[Poink]

I find the market behaving strangely. There are so many good things happening, btc transactions are fast and cheap, big names buying into crypto etc. but interest has fallen down so much, the price and the volumes. Its odd. I mean its way up from 12 months ago, but still, given how much better it is now its strange the price doesnt follow and keeps bouncing up and down in this small range.

It is at a crossroad...
- it got noticed by many weak speculators last year who dumped in the 1st sign of trouble.
- governments started acknowledging crypto (which is good) but introduction of regulations, taxes, etc also caused anxiety.
- new big investors (whales) are coming in and likely manipulating the market.
- etc.
- etc.

It is finding it's place and balance right now and as far as I am concerned, it is a good thing.

I am confident we will come out with a big bang...the only question is how soon.

[zoata87]

No, I do not think we will repeat the BTC crash in 2014 because we have more liquidity than 2014 thanks to new investors who put their money in cryptocurrencies. And new players are trying to enter crypto so they are expecting a good entry price right now. So this time will be different.

[Idrisu]

I just has to said that the charts look the same and people reactions are also the same. Bitcoin should be see as currency if we really want it to be adopted by business men all over the world. We are having this speculation and people expectations for good price so they can sell in profits due to the way we are treating bitcoin as stock and commodities. The stability is what will bring wide adoption and if bitcoin remain were it is today it is good for it developments.

[Kubit]

It was easier to break the market back than. In 2014 we saw the drop of 97% in value of Bitcoin, we won't see that drop now.
If drops to that level I'm ok with that, cheap coins.

[zakariajaki]

I think the problem experienced by crypto today is not a problem like 2014, it is not a matter of why price down so dractically, this is not a market problem of buying and selling transactions, I think this issue issues related to crypto itself almost all the news broadcast or spread the issue so the society does not believe, but this is the problem of the existence of crypto itself which becomes the problem of the government of each country

[AlexS_off]

Since 2014 things have changed for bitcoin but the cryptocurrency world. He's got a lot of competition right now, but he's still number 1. We see how other altcoins are highly dependent on the BTC rate. And even in this difficult period, BTC has the potential, which will soon raise the price up.

[Tutankrypto]

IMHO we are in and it may last untill Q1 or Q2 2019.
I may be wrong, but those are my thoughts.
Anyway, The price least important thing in crypto than usability for everyone.

[aioc]

The truth is, bitcoin goes up and down every 2 months. It could go all the way down to zero just to climb back up to 15k in a matter of 69 days.

Wow how you come upon this one, I have never read of possibility that Bitcoin could go down to zero and with exact number of days and level just you, you have to back it up with logic and common sense because nobody has predicted everything correct here about Bitcoin scenario.

[Bitcoin_trader2016]

Bitcoin goes down but i bilieve bitcoin will not crash back to 200$ each just like what happen in 2014 i bilieve bitcoin price will be stable at this 6,000$ to 7000$ price and soon goes back to 20,000$ each before the end of this year.

[crypto-bit]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

I don't think that they are similar to the trend last 2014.if you look at the price last year its started jump on $1000 usd and continue the price to increase and the price hit the all-time high, This year when price entered it slowly fall down but still it x6 on its previous price.I think bitcoin will stabilize on incoming months.

[devollito]

I though we are entering 2014 crash but the fact we are not confirmed enetering that crash because there is many different case for this year. Ethereum have big marketcap so we will not crashing like 2014 i think this year is still the year for ethereum and if it does bitcoin will probably going up again after ethereum reaching its new all time high. Ethereum and new legit ico project will stimulate the price and help marketcap hold the price.

[alval]

my opinion about BTC price that dips lower and it will crash like 2014 is Totally disagreed,
just look, crypto is little mature than 2014 and some altcoins domination is higher than 2014 which BTC had dominated over 50%.
coin market cap also bigger than 2014 and it's one of a good indicator sustainable ecosystem. and we create a future socieaty
indeed, fundamental have a substantial effect on crypto price, it causes volatility especially for the crypto price but for we repeating 2014 the BTC Crash doesn't make sense
 

[minttop]

Today situation is completely different then in 2014
It's all about new rules and how the cryptoworld will adapt to them and backward
So many things come into the market from day to day
I hope for the end of 2018
The statistic, of course, can help, however, it's just a tool and not the main
The main thing is how the real world will adapt to a cryptoworld (and backward)

[Poink]

my opinion about BTC price that dips lower and it will crash like 2014 is Totally disagreed,
just look, crypto is little mature than 2014 and some altcoins domination is higher than 2014 which BTC had dominated over 50%.
coin market cap also bigger than 2014 and it's one of a good indicator sustainable ecosystem. and we create a future socieaty
indeed, fundamental have a substantial effect on crypto price, it causes volatility especially for the crypto price but for we repeating 2014 the BTC Crash doesn't make sense
 

This is the nth and last time I'll say this...IT ALREADY HAPPENED proportionately.   We've lost 70% of BTC value just like in 2014.

It is amazing how many don't see what actually is happening while they are in denial.

[kolin_far]

The pattern seems the same, but reasons are different. And as the fundamental reasons are different, there is no point saying current correction repeats 2014

[Shinpako09]

I don't think so, still strong at $6k in the past few weeks and we have a rise at $8k. Many have predicted that we are going less than $5k before when we are still in fall in the beggining of the year but look it rise again now. If ever history repeat itself then we have nothing to do with it but to buy and wait for price increase again but still I believe it won't going to be the same as 2014.

[mkmdoc]

The pattern seems the same, but reasons are different. And as the fundamental reasons are different, there is no point saying current correction repeats 2014

Exactly, maybe charts are showing the same but the value of Bitcoin is completely different, there are many different why bitcoin price is declining because of people ways to sell their coins at the current price of bitcoin.

[canque31]

The pattern seems the same, but reasons are different. And as the fundamental reasons are different, there is no point saying current correction repeats 2014

Exactly, maybe charts are showing the same but the value of Bitcoin is completely different, there are many different why bitcoin price is declining because of people ways to sell their coins at the current price of bitcoin.

I don't think that btc will crash repeating the same trend last 2014. In the case now, the value aren't the same. At the same time 2014 investors are not that many like this year. One of the biggest factor that helps btc elevate is the investors demand in the market. The greater the demand the larger the price. And btc already learns it's weakness last 4 years. And therefore they already have actions or strategies so that crash will be avoided.

[dvillier]

You are totally right. Current market drift has challenged all graphs and has demonstrated them inadequate in the current circumstance. The present plunge is the thing that I call typical adjustment which is ordinary in the crypto space and once the remedy is finished, everything backpedals to commonality. Shitcoins with no genuine utilize cases will not survive the present plunge which for me is a method for weeding them out.

[bearexin]

The pattern seems the same, but reasons are different. And as the fundamental reasons are different, there is no point saying current correction repeats 2014

Exactly, maybe charts are showing the same but the value of Bitcoin is completely different, there are many different why bitcoin price is declining because of people ways to sell their coins at the current price of bitcoin.

I don't think that btc will crash repeating the same trend last 2014. In the case now, the value aren't the same. At the same time 2014 investors are not that many like this year. One of the biggest factor that helps btc elevate is the investors demand in the market. The greater the demand the larger the price. And btc already learns it's weakness last 4 years. And therefore they already have actions or strategies so that crash will be avoided.

Bitcoin has already bleed enough and is someone has checked out its performance for last two days, he would realize that the bleeding is about to end. Most important, with the present support and number of investors, I don’t see any chance of a big crash appearing in the future. Gone are the days when bitcoin was considered as a weak coin that could come to an end anytime.

[mwarrior]

I think not. In 2014 there was a completely different situation. Now the crypto currency has become widely known and popular, it can be legalized at the state level. I do not think that we can talk about the collapse.

[KEPLER99]

I think not. In 2014 there was a completely different situation. Now the crypto currency has become widely known and popular, it can be legalized at the state level. I do not think that we can talk about the collapse.

2014 was a way too horrible and painful year for bitcoin and whole digital market than the recent crash and I also think that we will never face such situation ever again in future. Nobody can deny fluctuations that will occur over time but the market especially bitcoin has grown a lot stronger than it used to be back then. It is the most expensive and beneficial asset we know so far.

[Bonsaiav]

Stop with those charts. Bitcoin is not FOREX. 

Current situation situation have nothing in common with 2014. You can't compare 2014 market cap with the current nearly half a trillion market. Dips like this is completely normal for crypto's. 

Agree with you bitcoin's very different from Forex although there is the same thing, it is just a coincidence factor because they have a bond to both.

Bitcoin is highly speculative its value can change at any time unnoticed. Yes 2014 is a sad year for bitcoin growth, where insults and ridicule come and go blanketing its growth.

[percopolis]

I think that we do not. Then the situation was different. Now the crypto currency is being legalized at the state level. About collapse we can not talk

[Poink]

I find the market behaving strangely. There are so many good things happening, btc transactions are fast and cheap, big names buying into crypto etc. but interest has fallen down so much, the price and the volumes. Its odd. I mean its way up from 12 months ago, but still, given how much better it is now its strange the price doesnt follow and keeps bouncing up and down in this small range.

It is at a crossroad...
- it got noticed by many weak speculators last year who dumped in the 1st sign of trouble.
- governments started acknowledging crypto (which is good) but introduction of regulations, taxes, etc also caused anxiety.
- new big investors (whales) are coming in and likely manipulating the market.
- etc.
- etc.

It is finding it's place and balance right now and as far as I am concerned, it is a good thing.

I am confident we will come out with a big bang...the only question is how soon.

BTC is still tracking the 2014 crash which took 3 years to recover.  I think this time recovery will be sooner...hopefully before fall...this year or next???

[ZzV1Finn]

Perhaps, after all, the situation is more or less similar,and everything happens in one scenario, so you should still take into account the factor that bitcoin has already fallen earlier, but then rose.

[xenomorphe1]

Yes, the crash has happened. Now we have to wait for a recovery. I don't know for how long we are going to wait before a recovery.

[SirLancelot]

I think not. In 2014 there was a completely different situation. Now the crypto currency has become widely known and popular, it can be legalized at the state level. I do not think that we can talk about the collapse.

Putting it in figures, in late 2013, the fall in cryptocurrency was very huge and a total of 80% fall in the value of Bitcoin was recorded. A whooping fall in the total market capitalization as well. The situation this year has not been so different as well.

There has been a huge fall. ETH is down from $800 to less than $300. Bitcoin showed below $5000 as well. The small coins in the market disappeared and a whole recession has been recorded with the market being stagnant for long. This is expected to change till the next year.

[CptThomas13]

These new topics keep popping up, displaying new charts and graphs with analysis, and all are meaningless.
Price of bitcoin is very volatile, right now price is going down now and maybe tomorrow it will go up again. We are just in a dip and bitcoin is in a healthy correction and it will recover sooner or later. It is a bad time to sell your coins, so hold!

[vandeam]

Yes, it is look like 2014 when cryptocurrency stood and many stopped believing in it. I hope the history will repeat and who will not leave the cryptocurrency will earn a lot.

[Vit83]

For me it looks more the same when China started to ban BTC) But charts looks like 2014) agree)
But why everybody is talking about regulation, laws. IMHO crypto is something that can't be regulated, there is no need in laws here. Price of crypto must depend just on users and merchants who accept crypto. Hope that fall of crypto is over.

[East2011]

What happens in the past is different from what is happening at this time. The drop is truly alarming. But still believe that it can recover anytime soon.

[West0813]

If history repeat itself. Then we have a bright future. Because after the drop in 2014. Bitcoin starts to recover. And reach its all time high every year. So lets wait what will happen in the coming months

[ATSgrowth]

Everyone is trying to explain why Bitcoin and altcoins crashed in early 2018. There is only one explanation: FOMO. Nothing else, Bitcoin was bought by people who cant even work with computer...

[piebeyb]

if I say agree with your analysis, I will say YES, I made a thread here too https://bitcointalk.org/index.php?topic=5043315.0


so I think what happened in 2018 is almost similar to 2014, if you don't believe this is my picture for an analysis for additions to this thread, hopefully useful

2012 - Bitcoin halving
2013 - go to the moon
2014 - hacking problem from MTGOX and others
2015 - Bitcoin prices wake up from the downturn
2016 - Bitcoin halving
2017 - go to the moon
2018 - the bitcoin problem is usually about HACK
2019 - Bitcoin prices wake up from the downturn
2020 - Bitcoin halving
2021 - Huh You know it
http://www.bitcoinblockhalf.com

[Paul95]

I don't see the sense to try to compare the past with present situation, different time, different investors and investors, no reason to watch it how it was in 2014.

[maemunah]

I don't see the sense to try to compare the past with present situation, different time, different investors and investors, no reason to watch it how it was in 2014.

really what you say, the most important thing is that we always have to support bitcoin so it is easy to pump up the price and we have to attract investors who have stopped investing so that bitcoin prices can soar like last year

[dulinivanrus]

Bitcoin has at the moment an upward trend but not bullish. I think left a bit before growth. At the moment, the price has gone down again and it will be the last price movement down ! Do not forget about the huge potential !

[senaslopre]

Do not be so sure that bitcoin will repeat its steps during these 3-4 years. Previously, there was a huge stir on the cryptocurrency market, now there is no such agitation. but cool time is now for the procured, soon everything will be.

[Poink]

if I say agree with your analysis, I will say YES, I made a thread here too https://bitcointalk.org/index.php?topic=5043315.0


so I think what happened in 2018 is almost similar to 2014, if you don't believe this is my picture for an analysis for additions to this thread, hopefully useful

2012 - Bitcoin halving
2013 - go to the moon
2014 - hacking problem from MTGOX and others
2015 - Bitcoin prices wake up from the downturn
2016 - Bitcoin halving
2017 - go to the moon
2018 - the bitcoin problem is usually about HACK
2019 - Bitcoin prices wake up from the downturn
2020 - Bitcoin halving
2021 - Huh You know it
http://www.bitcoinblockhalf.com

It is helpful (to me).  Thanks for sharing.

Hopefully crypto starts recovery this year and in full swing again by next year.

[Pecunia non olet]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

You are too late. We all know it, not only crash in 2014, but we repeat every cycle what happened in Bitcoin history. Not only Bitcoin works in cycles, but also the classic economy.

[Poink]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

You are too late. We all know it, not only crash in 2014, but we repeat every cycle what happened in Bitcoin history. Not only Bitcoin works in cycles, but also the classic economy.

You can say that now but a year ago (when I started this thread) many thought I was crazy. 

Read the responses/posts.

[mrdeposit]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

You are too late. We all know it, not only crash in 2014, but we repeat every cycle what happened in Bitcoin history. Not only Bitcoin works in cycles, but also the classic economy.

You can say that now but a year ago (when I started this thread) many thought I was crazy. 

Read the responses/posts.

At the time, most experts said that the price would be $50k-$100k. You are good.
Anyway, the price showed it was not moving the way it was before. And I guess it needs more time to moving appropriate.

[Adriano2010]

This will not happen, i think the price will not go more down then 3500$,  even if this happen in 2014 i think was because Mtgox of something that had connection with and if they sell coins on market then this can caused at that time price drop.

[Anc92]

LOL! the comments were indeed funny. It's kind of a usual market cycle with BTC and OP was right afterall but at least, the market has picked up again after going as low as almost 3k. The market will always have these depressing moments and it's best to invest in the tech right now via projects that have viable utilities.

[Johnzky]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

I never believe in history repeating itself and what happened in the past is not happening today
Correction is normal in cryptospace and this is the reaction from the bullish market so better use to this kind of marketing

How many times that this situation happens in crypto but the price always recovered and get higher in the following months or years just like what we are having now

[mirawantirinjana]

Bitcoin volatility is not as easy as you say I think this is not an analysis, rest assured this will end quickly and bitcoin will return to its peak this year.
there is no repetition of the fluctuations in the price of bitcoin.

[javainn]

if I say agree with your analysis, I will say YES, I made a thread here too https://bitcointalk.org/index.php?topic=5043315.0


so I think what happened in 2018 is almost similar to 2014, if you don't believe this is my picture for an analysis for additions to this thread, hopefully useful

2012 - Bitcoin halving
2013 - go to the moon
2014 - hacking problem from MTGOX and others
2015 - Bitcoin prices wake up from the downturn
2016 - Bitcoin halving
2017 - go to the moon
2018 - the bitcoin problem is usually about HACK
2019 - Bitcoin prices wake up from the downturn
2020 - Bitcoin halving
2021 - Huh You know it
http://www.bitcoinblockhalf.com

doesn't it mean that from 2019 onwards the BTC price can be predicted to experience a multiple increase. I became confused about the price of BTTC and hopefully in 2019 onwards it can be like 2017 can go to the moon

[Botnake]

Bitcoin volatility is not as easy as you say I think this is not an analysis, rest assured this will end quickly and bitcoin will return to its peak this year.
there is no repetition of the fluctuations in the price of bitcoin.

Although bitcoin will return to its peak, but you cannot eliminate that fluctuation as it's already part of the norm of bitcoin, in fact not only in bitcoin but the norm in crypto as in general crypto is volatile, of course excluding the stable coins.

[Eraldo Coil]

Nah, 2014 BTC crash is completely different from what is happening in its next years up to this now and all you have to do is just to look at it. And it even though bitcoin repeats it's crash, it doesn't really matter. There are a lot of things to consider like the market cap in recent years that is why comparing it does not make sense.

[akram143]

Watch and see how BTC is currently following the exact same trend (behavior) of the 2014 BTC crash.  The chart similarity is eerie. 

https://s3.amazonaws.com/tradingview-vid/w/wztZTcBbXCPJ1Xy1.mp4

I hope and pray we break away from it though.

but this will not be the only reason while that kind of changes happened in 2014 at the time there are lots of reasons available to drop or crash the value of Bitcoin and I don't think this not like that we have to see lots of development from this situation only.

[jabrix]

Nah, 2014 BTC crash is completely different from what is happening in its next years up to this now and all you have to do is just to look at it. And it even though bitcoin repeats it's crash, it doesn't really matter. There are a lot of things to consider like the market cap in recent years that is why comparing it does not make sense.

one thing that will never be the same is the development and global response associated with bitcoin acceptance, so it can't be just technical. Then accumulatively in 2014 there are no stable things in every supporting market, this has a big influence on how traders respond to the market. If btc experiences a similar crash, it is also caused by different benchmarks with different results as well.

[ILScoin]

Good to see the price of bitcoin going to $10.000 at least if it moves sideways at that price there's gonna be a good movement for altcoins,  perhaps altcoins season might be back, there is no more 2014 crash,  we are gradually moving out of the bear market

[gwdf1]

It is evident now that these comparisons do not work with the cryptocurrencies. Most crypto experts are sure that Bitcoin will not fall again. However, even if the new bottom happens, finally, cryptos will grow after it.

[darkangel]

The fluctuations are parts and parcel of cryptocurrency and the reason why it is the most volatile market even worse than forex and will probably remain same till there's some sort of full regulation over investors and exchange operators