Are we repeating the 2014 BTC crash???

[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.