Do you believe history repeat itself? Economic wise.

[SquallLeonhart]

If it was up to me, I would prefer only one side of history to repeat itself i.e the bull run side of history while the bear side (talking about 2018 kind of bear market) should not be repeated  
But unfortunately that's not possible, history does reoccur but I dont know how often that happens, but if this will happen in this period I guess we will expect a long bear market again.

Selective repeating of history? Then everyone will be going for what are favorable to them by skipping all others.
History will repeat in bitcoin ecosystem once in every four years as bitcoin halving is happening once in four years. So after the halving, we will have strong bull run and that will lead to bubble at same point of time which eventually lead to bear market following that.

So, history will repeat like this for every four years in bitcoin ecosystem regardless of we are all preferring it or not. Hopefully this time bear market may not last for longer as there are considerable adoption of bitcoin is happening everywhere so instead of longer bear markets, we may have sideways to be happening for more months than usual.

[beerlover]

Yes I think history repeat itself especially in this economy. To be honest I am comparing the current year of 2021 to year 2017 when BTC price also fly to the moon. It almost reach $20K during that time but no it didn't happen. Instead, it goes down and recover after 4 years. I am afraid (sounds funny I guess)  that after this years' pump, price will go down too and we will have to wait again for a couple of years for BTC price to recover.
Inflation. It is a common thing in our country because it happens again and again. Sad but this pandemic make it more worst. Everything is so expensive. I hope someday I will notice the repetitive reduction of prices in food, oil, and other majority expenses.

It is not even about crypto anymore, it is about all of economy. The economy gets to a ruin once a decade and as long as things are not properly taxed and regulated for the top wealthy people and companies it is going to keep happening again and again.

We are talking about trillions of dollars all around the world goes missing because super wealthy declines to pay it, and they try to find loopholes around paying taxes which comes down to poor and middle class to end up paying because they can't run away from it.

When that economical collapse happens that means bitcoin goes up as well, that is what keeps bitcoin going, regular fiat going down will end up becoming horrible as well. I am not saying we should be focusing on fiat economy, but that just goes hand in hand with crypto, fiat goes down means bitcoin goes up and when fiat is strong that doesn't help crypto.

[dimonstration]

If it was up to me, I would prefer only one side of history to repeat itself i.e the bull run side of history while the bear side (talking about 2018 kind of bear market) should not be repeated 
But unfortunately that's not possible, history does reoccur but I dont know how often that happens, but if this will happen in this period I guess we will expect a long bear market again.

History repeats itself with different occurences or status, the market might experience bear season at different price range and maybe by these time we already have enough savings that been saved and learned what to do during the season. The market have a cycle of when to buy and sell and ups and down. We just need to be patient and know what to do when these events happen. Never fomo and stick with our plan.

[skarais]

So, history will repeat like this for every four years in bitcoin ecosystem regardless of we are all preferring it or not. Hopefully this time bear market may not last for longer as there are considerable adoption of bitcoin is happening everywhere so instead of longer bear markets, we may have sideways to be happening for more months than usual.

You're right, I've watched the cycle and maybe it didn't happen by accident. That 4 year cycle has sparked the market for bullish and bearish changes, while increased adoption will serve as a shield for us to see bitcoin will continue to exist for a long time. While we never expected a bearish to happen, it is unlikely as bitcoin has been gaining ground on a large scale for at least 6 month so far. We will definitely see history repeat itself the way we want ATH's history to reshape in 2020.

[South Park]

High inflation driving everybody insane. The guy who is running out of money to keep up with the expenditure are pushing themselve to gambling their cash on everything possible, stock market, crypto, commodity. The cycle can be seen in years of the past. It’s not a untold story.
Food price is surely soaring. Some items in the online store soaring in price too, can’t you ignore it wouldn’t impact your daily routine, the inflation drag everybody down into the rabbit hole, no one can escape this chaos.

Another crisis is without a doubt looming over the horizon, all of those that thought that with the pandemic being on its way out things were going to improve are deeply mistaken, the issue is how big the next crisis is going to be, is it going to be as bad as the one that we saw during 2007? is it going to be even worse? Or is the next crisis the one that is going to put the current economic system in check? There is no way to know that and we have no option but to wait and see but even if I hope for the best I am preparing for the worst and keeping my bitcoin in the case something terrible happen.

[AndySt]

Selective repeating of history? Then everyone will be going for what are favorable to them by skipping all others.
History will repeat in bitcoin ecosystem once in every four years as bitcoin halving is happening once in four years. So after the halving, we will have strong bull run and that will lead to bubble at same point of time which eventually lead to bear market following that.
So, history will repeat like this for every four years in bitcoin ecosystem regardless of we are all preferring it or not. Hopefully this time bear market may not last for longer as there are considerable adoption of bitcoin is happening everywhere so instead of longer bear markets, we may have sideways to be happening for more months than usual.

That is, do you expect that after such a rapid growth, we will again face the so-called crypto winter, when the bears will bring down the market with their actions and again reduce all these indicators and we will return to our original positions before the next halving? I also agree that there is a very large correlation between the halving of bitcoin and the behavior of the exchange rate price, but I still think and hope that it is the expansion of the base of owners of bitcoin and other cryptocurrencies that now plays a more significant role than halving and therefore there will not be a strong crash and more stable correction scenarios. Well, then we'll see what happens after the next halving.

[dimox]

people will face new experience in life, and people dont know when it happen. struggle in economy is common problem for many people, some of them can anticipate it, and the other just roll follow the wind. the best thing is prepare for the future, and yes, there are many people survive from chaos because of preparation.
history can repeat it, if people try hard to make it happen.

[Kittygalore]

If we do the same shit and just labeled it differently, I am sure that we will be arriving at the same result as when it first happened, look at the current pandemic as an example, people are stupid enough to create gatherings that will cause the infection to reach more people back, this is what happened back in the era of Spanish flu and look at what we did.

[acener]

Well at some point I do but sometimes I also doubt it would repeat itself.
There are instance or events that I do believe that would be repeated in the future,
For example people are angry about corrupt government official but surely in the next batch of government official there would still be some corrupt who would be elected.

[Hughes_Ryan]

If this pandemic occur from nothing to something then there's also a possibility that more pandemic will hit us sooner or later.

If we have a little bit of faith in spirituality.  It is something very frightening and the scope of belief will be the way we fight it.  Just searching, Abhigya Anand, this boy named prophetic prodigy somehow predicted the day of the 19 covid pandemic almost accurately.  I was stunned to accidentally glide over it.  It happened and made the world flutter.  It is the one that has driven bitcoin to date.  History is difficult to repeat if we do not take precautions and solutions.  floods, natural disasters and forest fires are repeated every year.  That's the reason, and it was ...

[Snappycoco]

History really repeats itself. In 1720, the Great Plague emerged at Marseille, France killing 1M+ people. After another 100 yrs, Cholera Pandemic happened back on 1820's followed by Spanish Flu on 1920's. These pandemics economically effect the globe just like as we are experiencing and probably much worse.

[mamahdedeh]

If this pandemic occur from nothing to something then there's also a possibility that more pandemic will hit us sooner or later.

If we have a little bit of faith in spirituality.  It is something very frightening and the scope of belief will be the way we fight it.  Just searching, Abhigya Anand, this boy named prophetic prodigy somehow predicted the day of the 19 covid pandemic almost accurately.  I was stunned to accidentally glide over it.  It happened and made the world flutter.  It is the one that has driven bitcoin to date.  History is difficult to repeat if we do not take precautions and solutions.  floods, natural disasters and forest fires are repeated every year.  That's the reason, and it was ...

I have read that this magical boy from India, besides being good at predicting, he is also good at metaphysics and is an expert in solar systems in his own way of explaining it. it was unexpected that most of what he said was true. maybe covid won't come back, but the pandemic will come back again

[wxa7115]

If people continues to ignore what happened in the past and didn't learn a thing or two about it and how can they prevent the same thing from happening then probably we are going to repeat history itself. Continuous ignorance will be the demise of our species as a human.

I do not really think this can be attributed to ignorance anymore, this is by design, the economy has been designed on purpose to go on cycles of boom and bust, after all if you control when those cycles happen this can be more profitable than a system that is stable for decades.

Now this may seem to be too difficult to believe but if people like us understand that fiat currencies do this then why some of the most powerful people around the world are unaware of this? Are we supposed to think they are that dumb? This is disingenuous, they know very well what they are doing and they will keep at it until people wake up to this fact.

[tyz]

Not in the same way but very similar, so my answer is yes. Capitalism is the dominant form of economy in the world and it lives on cycles that repeat themselves again and again. Not in the same way, but predictably similar.

[South Park]

Well at some point I do but sometimes I also doubt it would repeat itself.
There are instance or events that I do believe that would be repeated in the future,
For example people are angry about corrupt government official but surely in the next batch of government official there would still be some corrupt who would be elected.

History repeats itself because they are unaware of their own history, some aspects can change but the root of the problem is the same, the most important economic crises around the world have always happened when governments try to cheat their population with subpar currencies, this is nothing really new, the first instance of hyperinflation happened in Greece as the government began to mix copper with their gold to create more coins, does it sound familiar? This is the concept we call inflation and it has been around with us for a long time, now the process is different but the end result is the same as governments keep printing money to try to get out of their problems.

[ShowOff]

The price of bitcoin continues to fluctuate according to market activity and due to this nature it is possible to see its history repeat itself. ATH 2021 is new history in bitcoin and maybe we really want to repeat that history in the future. If you pay attention to the price of bitcoin after the halving, then you will know that bitcoin will go up to form a new ATH. I think this is history that keeps repeating itself over a four year cycle. So I am assuming that we will see history repeating itself whether it goes up or down. Also the entry of institutional investor into bitcoin is a history to remember. The point is, both economically I think history will repeat itself and an economic crisis will occur whenever countries fail to contain it.

[wahyu wida]

The price of bitcoin continues to fluctuate according to market activity and due to this nature it is possible to see its history repeat itself. ATH 2021 is new history in bitcoin and maybe we really want to repeat that history in the future. If you pay attention to the price of bitcoin after the halving, then you will know that bitcoin will go up to form a new ATH. I think this is history that keeps repeating itself over a four year cycle. So I am assuming that we will see history repeating itself whether it goes up or down. Also the entry of institutional investor into bitcoin is a history to remember. The point is, both economically I think history will repeat itself and an economic crisis will occur whenever countries fail to contain it.

right, the annual cycle might repeat itself, like at this time where previously bitcoin had dropped to $ 3500 until now forming a new ATH, and after this it could happen that the price of bitcoin will experience a correction, before it will form a new ATH again, but nothing will happen. know now what will happen later

[dezoel]

The price of bitcoin continues to fluctuate according to market activity and due to this nature it is possible to see its history repeat itself. ATH 2021 is new history in bitcoin and maybe we really want to repeat that history in the future. If you pay attention to the price of bitcoin after the halving, then you will know that bitcoin will go up to form a new ATH. I think this is history that keeps repeating itself over a four year cycle. So I am assuming that we will see history repeating itself whether it goes up or down. Also the entry of institutional investor into bitcoin is a history to remember. The point is, both economically I think history will repeat itself and an economic crisis will occur whenever countries fail to contain it.

I guess wasn't it obvious that everything would go up? We are talking about just one drop and everyone got into panic mode again but that happened literally 3 or 4 times in the past 8 months, that should be example enough to know what's wrong with people.

When we failed to go over 20k people assumed it would crash, it didn't, when it dropped from 30k+ levels to 29k levels people said it will crash, it didn't, people said when it went from 58k to 43k it will crash, it didn't and now it went from 64k to 49k and everyone was like it is end of the bull run and we will see under 20k, well guess what? It didn't, that is why I think it is obvious that we should not care about these people, they are just making stuff up and expecting us to believe what they say is true, fortunately they are quite wrong. Bitcoin is still doing incredibly well and it will continue to do so unless some major bad news comes up.

[(o)(o)ilikeboobs(o)(o)]

Markets are not entirely repeatable, but they do have things in common. I think that the law of pumping and pouring in the economy happens in every industry and every economy. So understanding the laws of economics is how we overcome adversity and profit from it.
We had the pound money market crash in the 1980s-1990s, the stock market crash, the real estate crash of 2008, and the oil market crash. the year 2020. In fact, in every major recession, a generation of billionaires is lost and a new generation is born. It is the result of grasping and manipulating economic laws.

[Argoo]

Markets are not entirely repeatable, but they do have things in common. I think that the law of pumping and pouring in the economy happens in every industry and every economy. So understanding the laws of economics is how we overcome adversity and profit from it.
We had the pound money market crash in the 1980s-1990s, the stock market crash, the real estate crash of 2008, and the oil market crash. the year 2020. In fact, in every major recession, a generation of billionaires is lost and a new generation is born. It is the result of grasping and manipulating economic laws.

Inflation in the economy has always been, is and will be. It plays both a negative and a positive role in the development of each country. For centuries, they talk about inflation, scare it and warn about the rapid collapse of the economy, but everything continues to work and develop. Therefore, nothing significant will happen at this time either. From time to time, problems in the economy of the state aggravate before the crisis, but then there is a renewal and further development. This cycle is indeed repeating itself.