What happened with crypto?

[tygeade]

This is like previous events where the price will decrease after bitcoin reaches a peak. But this time, we didn't expect the decline to be very drastic and almost touched the lowest point in 2020 and has already passed the lowest price in 2021. This gives us the experience that bitcoin is still moving very wildly and can be at any price point so we have to be careful if we want to invest in bitcoin.

The cause may be war, global problems, or government interference in the market. But since the beginning of this year, a lot of news and events have decreased the bitcoin price. We can only survive and you have a good time buying or investing in bitcoin again, considering that you already made a profit in 2021.

Yeah, nothing really new in here. The drop in the price, the inflation/recession, the war, the collapse of the exchanges and any other issues. All of them are already faced by us even before. The op is already registered on 2013. He have more experience than the rest of us here who only discovered crypto during the first boom in 2017 but he is the one that acts like a noob.

I think with that experience of him he can just browse the forum topics to easily know about the latest happening or he can also search using some specific key words in google but I guess he just too lazy to do that and only want's us to spoon feed him with info's.

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[Kelvinid]

Don't get mad or get surprised by the market trend because that is how it really works. I know you are also aware of the situation last 2018-2020 where there is too much drop happen and it has just happened again. And instead of wondering why the price of crypto is still low than you think, better help yourself to accept these changes whether you like it or not, the drop certainly will come and so the price increase.
I'll take this time to buy more...

[GreatArkansas]

(...)
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
(....)

Everything is possible in the cryptocurrency market. It's already proven over time, ever since the beginning of Bitcoin, there are a lot of things happening in the Bitcoin or the cryptocurrency market, it's not always the upside only but also the downside. So always expect the unexpected.
So for me, my answer to your question of what happened to cryptocurrency market is part of the cycle, it's not always "UP ONLY", expect also the corrections or downsides.

[Silberman]

Hi all,my friends
I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened?

Since you have been part of this forum since 2013 I suppose you have an idea of what it is going on even if it is difficult to accept, the price crashed at the end of 2021 and then all kind of disasters have been hitting this market, some of them are just unexpected events which took everyone by surprise like the war, but there have been several projects which have mismanaged the funds of their clients and which have caused the market to suffer several setbacks.

[Yamifoud]

snip...

Since you have been part of this forum since 2013 I suppose you have an idea of what it is going on even if it is difficult to accept, the price crashed at the end of 2021 and then all kind of disasters have been hitting this market, some of them are just unexpected events which took everyone by surprise like the war, but there have been several projects which have mismanaged the funds of their clients and which have caused the market to suffer several setbacks.

And I'm not sure if he is able to understand it because of his reaction, he is totally thinking of always a climbing price and he forgets about the volatility of the market.

Anyways, the situation isn't new for me. Yes, there are a lot of people who will never accept reality. I think that OP has gone many years ago because of being mad with the market and now, he turns back the same. Because he could only understand the situation, I would really say that he will never leave crypto.

[michellee]

This is like previous events where the price will decrease after bitcoin reaches a peak. But this time, we didn't expect the decline to be very drastic and almost touched the lowest point in 2020 and has already passed the lowest price in 2021. This gives us the experience that bitcoin is still moving very wildly and can be at any price point so we have to be careful if we want to invest in bitcoin.

The cause may be war, global problems, or government interference in the market. But since the beginning of this year, a lot of news and events have decreased the bitcoin price. We can only survive and you have a good time buying or investing in bitcoin again, considering that you already made a profit in 2021.

Yeah, nothing really new in here. The drop in the price, the inflation/recession, the war, the collapse of the exchanges and any other issues. All of them are already faced by us even before. The op is already registered on 2013. He have more experience than the rest of us here who only discovered crypto during the first boom in 2017 but he is the one that acts like a noob.

I think with that experience of him he can just browse the forum topics to easily know about the latest happening or he can also search using some specific key words in google but I guess he just too lazy to do that and only want's us to spoon feed him with info's.

Yes, he shouldn't panic at the current state of the crypto market because he should be used to it and have experienced it before. Or maybe he is not very active in following crypto news so this condition makes him confused in determining what he should do. But we don't know his true intentions and can only give what we know. The rest, he had to look for other information to find clues about what he could do.

[blockman]

Hi all,my friends
I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened?

It's because of the volatility of bitcoin and that's how it goes. No one can give the exact reason for it but we can all lean to the reason that it's because bitcoin is a very volatile asset. Good for you that you're able to move and enjoy your profits during the bear market and you can still make that much again while we're at the LOW price because we're in a bear market. You've seen how high it has made last year and it's low to be said right now. As you come back, you're all the means to reinvest again to bitcoin.

[BD Crypto]

Don't you know about crypto market that it is highly volatile? You may be able to see a huge pump again and the highest ATH price also. Now we are in bear market that's why almost all cryptos are trading at a very cheap price. So it's the correct time to invest in cryptocurrency in my thoughts.

[riqo]

Hi all,my friends
I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened?

So many things my friend, remember that its a great opportunity to buy now and hold long term

[Ryker1]

Well, there are so many things that happened in the last two years passed --last year if you don't know, the bitcoin price reached twice the ATH in the market and some experts say that it will happen again in the future. But now bitcoin has struggled price to pump up because there are a lot of negative news that happens. If you want to grab the opportunity to restore back your bitcoin --do it now while the bitcoin price is very cheap in the market. Soon when the time comes, it will reach again the ATH's possible bullish trend will come.
By the way --welcome back to the community.

[Alisha-k]

I am not surprise OP is completely lost about everything going around the crypto space having been absent for over 2 years.  Bitcoin went up to an ATH $64k during this two years of been absent and there have been series of events that has triggered this drop in price which includes FTX crash, and before now we had china ban on Bitcoin, regulations and many other events. And i will add that Bitcoin pumped too fast in 2021 and this added to the price retesting

[YOSHIE]

What happened?

Indeed the price of Bitcoin today 21/11/2022 is traded more and less at the $16k level, that's the current price far if you compare it to one year ago, but the current decline in Crypto if you study and read on the internet, you will find dozens of reasons and the Bitcoin/crypto market factor plummeted inyear 2022, but if you ask me personally, of course I don't associate war, government interference in the current phenomenon of the crypto market crash.

Government and war is not what we see this time and it's not the main factor, you remember the iraq, Afghanistan war and you remember the Chinese government treated crypto, but Bitcoin/other types of crypto can still go to the highest level when the time comes.

I am more inclined to fall on Bitcoin or the crash of the crypto market due to several things, such as: Global Inflation, rising interest rates, pessimistic investors and falling of FTX exchanges, I personally tend to think like that, falling of the crypto market this year, but I am sure and remain optimistic that all of this what is happening at the moment on the crypto/Bitcoin market will recover and reach its highest point again, when the time comes.

[GeorgeJohn]

Yes, the government still not understanding it that BTC couldn't be controlled so they stick their nose for regulatory capture, and crashing the market thru FTX collapse will be the start of it.

What i want you to understand is that government is against of cryptocurrency and especially bitcoin right from upset, because from the initial they taught that Bitcoin will take over a fiat currency and their stocks money will not be valuable at any point in time. I want to you to understand that it's obvious that anything government is control of, they always look for a possible ways of eliminating it's establish.

[xanto]

This is like previous events where the price will decrease after bitcoin reaches a peak. But this time, we didn't expect the decline to be very drastic and almost touched the lowest point in 2020 and has already passed the lowest price in 2021. This gives us the experience that bitcoin is still moving very wildly and can be at any price point so we have to be careful if we want to invest in bitcoin.

The cause may be war, global problems, or government interference in the market. But since the beginning of this year, a lot of news and events have decreased the bitcoin price. We can only survive and you have a good time buying or investing in bitcoin again, considering that you already made a profit in 2021.

Yeah, nothing really new in here. The drop in the price, the inflation/recession, the war, the collapse of the exchanges and any other issues. All of them are already faced by us even before. The op is already registered on 2013. He have more experience than the rest of us here who only discovered crypto during the first boom in 2017 but he is the one that acts like a noob.

I think with that experience of him he can just browse the forum topics to easily know about the latest happening or he can also search using some specific key words in google but I guess he just too lazy to do that and only want's us to spoon feed him with info's.

Why are you so aggressive,man?
I'm just interested in peoples opinions and what they think about all this
I've been away a long time
And yes,i sold over $50000 worth of bitcoin

[xanto]

Well, there are so many things that happened in the last two years passed --last year if you don't know, the bitcoin price reached twice the ATH in the market and some experts say that it will happen again in the future. But now bitcoin has struggled price to pump up because there are a lot of negative news that happens. If you want to grab the opportunity to restore back your bitcoin --do it now while the bitcoin price is very cheap in the market. Soon when the time comes, it will reach again the ATH's possible bullish trend will come.
By the way --welcome back to the community.

Oh,thanks,man
Benevolence has always commanded my respect
All attacked me as if i'm a newbie and don't know shit about cryptocurrency,but they have no idea that i read this forum as a student when Satoshi wrote posts here himself,but i haven't invested in cryptocurrency at that time
And i'm surprised that i was waiting for bitcoin price much more than it was

[xanto]

You have to understand that i wasn't a good trader or a superpro at it
But i was and still am a great hodler
That's what i call investing,and i still don't understand scalping
You will die at your desk if you do this shit

[Nrcewker]

This is just a phase of Bitcoins, and it’s pretty normal to be honest. OP are you serious that you aren’t familiar with the trend that is going on? It’s basically just a bear run, which often comes. I mean it won’t be always that Bitcoins will climb up the prices. Rather than worrying about the price, it’s the golden opportunity to grab the Bitcoins in this low price. Don’t panic and buy as many coins as you can in this bear market.

[xanto]

This is just a phase of Bitcoins, and it’s pretty normal to be honest. OP are you serious that you aren’t familiar with the trend that is going on? It’s basically just a bear run, which often comes. I mean it won’t be always that Bitcoins will climb up the prices. Rather than worrying about the price, it’s the golden opportunity to grab the Bitcoins in this low price. Don’t panic and buy as many coins as you can in this bear market.

I'm not new in crypto
Just interested in other peoples opinions and have a fear that the government may strangle the entire crypto industry

[Twinkledoe]

This is just a phase of Bitcoins, and it’s pretty normal to be honest. OP are you serious that you aren’t familiar with the trend that is going on? It’s basically just a bear run, which often comes. I mean it won’t be always that Bitcoins will climb up the prices. Rather than worrying about the price, it’s the golden opportunity to grab the Bitcoins in this low price. Don’t panic and buy as many coins as you can in this bear market.

I'm not new in crypto
Just interested in other peoples opinions and have a fear that the government may strangle the entire crypto industry

I guess you already know by now the reason of this recent drop. For me, the major contributor was this FTX failure, and binance bailing out as they couldn't handle the mess FTX is in right now. There's always a reason why we will always have this up and down movement. And the government regulations towards crypto will for sure be a part of it. But I don't think the government can have total control on crypto market, because they can't.

[Hamphser]

This is just a phase of Bitcoins, and it’s pretty normal to be honest. OP are you serious that you aren’t familiar with the trend that is going on? It’s basically just a bear run, which often comes. I mean it won’t be always that Bitcoins will climb up the prices. Rather than worrying about the price, it’s the golden opportunity to grab the Bitcoins in this low price. Don’t panic and buy as many coins as you can in this bear market.

He's just clearly been shocked on where prices do really ends up on the time that he had decided on going back to engage with the market, and since he had made out some profits with those pumping times.

Then it cant really be just avoided that you would really be expecting something high in towards price on the time you had decided to have some break or leaving crypto market for a while, which you would be
anticipating that on the time you would came back where prices is already on the rooftop but this isnt the case that he had able to see on the time he had able to do so.
Actually if you are aware on how this market works then this isnt something that could really shock you anymore.Youl would really be that familiarized and getting used to into these
kind of unpredictable movements.So there's nothing new with these kind of movements and situations.