Market Crash 2018: It's History Baby!

[mazdafunsun]

You could be right but on the other hand it is just so hard to keep some postive view in this absolute panic selling what is going on now. This just shows that there is a very long way ahead of us towards some rational market recovery.

[Quidat]

Yet another list of the history is being written since we had the longest bearish market this year.

How long will it take before we see a bull market, is it going to take 14 months too before we get to the bull market or is it longer than that?

Time will tell and of course it's up to the investors and traders if what would they do to make a change in this market.

[aoluain]

By Bitstamp prices:

-All time high: $19666
-Lowest price hit after ATH: $3474
-Crashed % = -82.33

Looking at the previous Bitcoin crashes:




It looks like we may be close to the final bottom and it would be another typical Bitcoin cycle completed. At $2474 we would be at -87 to match the MtGox crash.

It's been 344 days and MtGox crash was 411, so we would still have 67 days of bear market ahead until final bottom. Of course, no crash is 1:1 the same, that's just some stats, we could have already bottomed, we may go for lower lows quicker and recover faster. The bottom line is, we are close, everyone that was going to sold sold already, now people that still want to sell will wait for an higher price and dump, then that would be it. The next cycle will begin and next ATH will dwarf $20k.

Great graphic, great to get a visual of the various substantial crashes
bitcoin has gone through.
If that graphic is anything to go by we will be bouncing back very
healthily from this crash, bitcoin has always recovered stronger than
the previous high.

[acholagi]

it looks like bitcoin will soon be replaced with another currency, like technology, first generation computers are replaced by the next generation, it could be that at this time there will be a generation of bitcoin that has better functions and services
Bear market conditions like this, it is better for me to calm down while looking for solutions to cover the losses I experienced with a more profitable real business

[mmihai1978]

What bull market? Let's see where the bottom is; if the graphs from the previous page are of any value, we can still some months of corrections.

[UNOE]

The question is, how long will it take to recover?

The 2013 market crash took years to get back to the point where it was. Will we see a speedier recovery this time or are we here for a looooong loooong ride? I hope not, but history has shown that these big crashes take time to recover from.

the 2014 bear market (longest to date) took 14 months from top to bottom, followed by 9 months of sideways. we're currently 11 months into this bear market. so that gives us some idea of the possibilities.

i'd say we shouldn't expect a bull market to emerge for a good year from now.

Good point! I do not think so that this bear market is nearly over, Bitcoin have more room to go down and we did not see capitulation candle yet which is with larger volume. Beside that, 2018. year is not over yet, one month in crypto is something like one year in stocks market.

[MiF]

By Bitstamp prices:

-All time high: $19666
-Lowest price hit after ATH: $3474
-Crashed % = -82.33

Looking at the previous Bitcoin crashes:




It looks like we may be close to the final bottom and it would be another typical Bitcoin cycle completed. At $2474 we would be at -87 to match the MtGox crash.

It's been 344 days and MtGox crash was 411, so we would still have 67 days of bear market ahead until final bottom. Of course, no crash is 1:1 the same, that's just some stats, we could have already bottomed, we may go for lower lows quicker and recover faster. The bottom line is, we are close, everyone that was going to sold sold already, now people that still want to sell will wait for an higher price and dump, then that would be it. The next cycle will begin and next ATH will dwarf $20k.

Great graphic, great to get a visual of the various substantial crashes
bitcoin has gone through.
If that graphic is anything to go by we will be bouncing back very
healthily from this crash, bitcoin has always recovered stronger than
the previous high.

It's merely possible to happen mate, and normally after a great crash I can visualize that everything here in crypto was a balanced situation. When you encounter downfalls, eventually after certain struggles you'll be able to sustain and recover back what has been lost.

[Vinz1978]

It's really history baby, bitcoin drops to its lowest price this year plus an 11-month long bearish period. What makes this very difficult is that we came from an all time high last year.

[yitzjoe]

crypto potential continues to increase and also many people already know crypto well but the trend has actually declined in 2018 and prices look bad, reaching $ 3900, but this is an opportunity to add to the investment portfolio and will satisfy in the next few years

[ecnalubma]

Yet investors are still waiting for the bottom. Bloody but this drops is promising for high returns everyone  should start accumulating slowly now before the prices gets wild, Maybe we will never see this 4 digits price of bitcoin again next year, who knows? These events are keep on repeating and this is a once in a lifetime opportunity and I believe that crypto is here to stay.

[jcpone]

Some individual investors and institutions are starting already to increase their portfolio considering the down market. They don't wait for the bottom to reach they just keep on acquiring those coins. Actually, you don't need to wait for the bottom, just keep on buying whenever there is a price drop, then just get the average, they might still ended up at huge discount. This year, 2018, is really go down to the history of cryptocurrency.

[figmentofmyass]

It looks like we may be close to the final bottom and it would be another typical Bitcoin cycle completed.

if this cycle ends up mirroring 2011, the target is close to $1200. it would be pretty depressing to see bears threatening the 2013 ATH!

i'm hopeful the crash will end by 85%, near the $3000 support. whatever happens, it probably won't parallel either the 2011 or 2014 cycles to the tee. markets rarely repeat things exactly.

[Coin-1]

It looks like we may be close to the final bottom and it would be another typical Bitcoin cycle completed.

if this cycle ends up mirroring 2011, the target is close to $1200. it would be pretty depressing to see bears threatening the 2013 ATH!

i'm hopeful the crash will end by 85%, near the $3000 support. whatever happens, it probably won't parallel either the 2011 or 2014 cycles to the tee. markets rarely repeat things exactly.

Perhaps this crash will encourage new investors to buy Bitcoin or other crypto currencies. Many people said they regret that they didn't buy BTC in early times when its price was low. Now some of them are likely to be coin holders. New money may appear on the crypto exchange markets due to this collapse. I heard that several trading analysts warned of a bubble in this economic field.

[darkangel020716]

The year 2018 is going to be recorded as one of the years with the worst cryptocurrency market crash ever.
But hey, this is not the first time for the market crash (remember 2013) and it is not the end of a line for the cryptocurrency.
For me, all I see is another big opportunity to buy more bitcoins. Heck, the bitcoin cash looks awesome too plus some good looking altcoins.

Yeah, crash not only happening this year but also it already happened from the past, mesning even though theres a lot of fud and negative thinking out there about bitcoin crash, i still have more faith in bitcoin, i already missed the ride last time, so i dont want to miss it again.

[Patient_Zero]

i think this time would be better if we take advantage of opportunities rather than complaining. when prices crash means the opportunity to invest, if we still believe in cryptos

always taking chances in the midst of uncertainty is one extraordinary trading technique, not all traders can master the situation if prices continue to fall, because most traders always seek profits from time to time, but if they can hold for a while by starting infestations on when our prices fall so we can get a good profit in the future, but all we can do if our finances are healthy, not with the money we owe to the bank, because we will be very burdened with the daily expenses that we have to pay.

[Dimon8]

I think that in this outgoing 2018 many events occurred in the world of cryptography, and these events will be the impetus for the further development of cryptocurrency. Many investors call the year of failure in the market, but it is not. The market is vibrant and evolving.

[Levious]

You should have sold all the coins very early, so the market crash has almost no loss for you, but many people who entered the cryptocurrency market this year are desperate, and they are anxiously waiting for the arrival of the bull market.

[creeps]

Exactly, looking at the past price movement of this market we already incur a lot of market corrections during the early stage of cryptocurrency. Well, this is my first time to experience a crash in cryptomarket but I don't get discourage about it because I know this market will rise again. You are right, another opportunity for a newbies to buy more and for a new investors to start adapting this technology, soon the price will start to recover and this market trend will be part of a great history of cryptocurrency.

You should have sold all the coins very early, so the market crash has almost no loss for you, but many people who entered the cryptocurrency market this year are desperate, and they are anxiously waiting for the arrival of the bull market.

This will depend on you, whether you will cut your loses or you will keep on holding while the market is crashing. We cannot force people to sold their token simply because they believe in this technology, I personally holding since the 2nd quarter yes I loss money but I don't regret on holding because I know it will rise again.

[Kakmakr]

I think my craziest scare was back in 2013, when it dropped from $1 151 <2013-12-04> to $576 on <2013-12-18> in less than 2 weeks.    

This was a make or break moment for a lot of Bitcoin hoarders, because many people thought that it was going to fail, but we kept things together and we pushed through it and only 4 years later, most of those people were rewarded with 800% to %1000 profits on those coins.

A long-term vision and goal for this technology, seems to be the best strategy for most investors and supporters of this experiment. Just forget about the short-term dumps and focus on the long-term rewards.  

[cryptocrusher]

it is not even close to being the "worst" market crash of all times. ...

True. I am not sure what the worst was? As I recall we dropped from $32 - $2. That was brutal by percentage.

Yeah this is during 2011 and that was 95% in total. Those days when Mt.Gox was hacked.

While those crashes were much worse in terms of percentage loss. This is the biggest crash in terms of overall market value loss. There's also one other reason I consider this to be the worst of the crashes and that's because it's much more in the public eye. Truth be told, only a select few people knew of bitcoin in 2011, whereas now it's been plastered all over the news for the last 2 years.