What happened with crypto?

[harizen]

Since OP is being outdated with those what happened in crypto for 2 years, he intends to create a Telegram group as a form of communication with anything related to crypto: https://bitcointalk.org/index.php?topic=5425153.msg61382036

Seems it didn't create an interest in the community because of obvious reasons and in fact, it's not really a necessary thing to do. I hope his spirit didn't go down and don't think that the community is not that friendly. In fact, they are giving instead good pointers on OP.

Almost a month after creating this thread, I hope OP is at least now finally catching up on why crypto is currently on this kind of trend.

[GeorgeJohn]

You first registered in this forum in 2013. I would expect you to be familiar with Bitcoin price movements all the way from 2013... The current situation is actually normal and happens after every bull run.

You don't expect Bitcoin price to keep climbing higher and higher without any correction or consolidation phase.

You that no person that will be in the bitcointalk forum that will not about Bitcoin unless that the person objectives is not to understand the rudiments of cryptocurrency, maybe it's an altcoins account use to make a contradictory statement in the community here. the motive of this community is to create the knowledge of cryptocurrency and especially bitcoin, many people who are here that did not stay up to one year has been brainwashed concerning Bitcoin and talk more of someone who is up four years and more, it's unbelievable

[bitgolden]

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?

Nothing wrong in bitcoin trading in old rates. This is how bitcoin market works. This should be treated like second opportunity for the people who missed out the boat but started watching the market around the times of ATH. When you are confident about scaling back ATH, definitely you will come forward to risk something. So, in my opinion, revisiting the old prices must be a right approach for encouraging adaption rate.

Honestly I got interested into bitcoin when it hit $1000 for the first time and I got opportunity to buy around 5x lesser than that price levels in January 2015. I read many people wishing from on this community to enter and hold at cheaper prices. Simply we can say, bitcoin is playing with basic human psychological things.

[QueenVera]

Also in my experience, it is right time to invest in crypto just like a top altcoins BTC, ETH, BNB etc. In future, they will give a good profit when market will be stable and its price will be pump. Also search for a good project to invest if you want. (DYOR)

Don't be too sure about that, any project that isn't Bitcoin can collapse at anything even though they're currently top rated coins. We have seen this happened before and it just repeated itself in this bear market. There's no altcoin too big for the market.

Bitcoin is the only coin that can guarantee you a future profit. Other coins or projects can make one mistake and the community that was backing it leave the project and before you realized it, it has collapse. FTX made a mistake and they're paying for it.

They made use of customers funds for their own interests and immediately that information came out the exchange collapse. Just be careful with altcoins investment in this time of the market.

[Mr. Magkaisa]

You first registered in this forum in 2013. I would expect you to be familiar with Bitcoin price movements all the way from 2013... The current situation is actually normal and happens after every bull run.

You don't expect Bitcoin price to keep climbing higher and higher without any correction or consolidation phase.

You that no person that will be in the bitcointalk forum that will not about Bitcoin unless that the person objectives is not to understand the rudiments of cryptocurrency, maybe it's an altcoins account use to make a contradictory statement in the community here. the motive of this community is to create the knowledge of cryptocurrency and especially bitcoin, many people who are here that did not stay up to one year has been brainwashed concerning Bitcoin and talk more of someone who is up four years and more, it's unbelievable

   - You have a point in what you said my friend, after several years here in this forum industry still not understanding the most basic catch seems to be just nonsense in my opinion.

and this may be also one of OP's alts, we don't know, but anyway, I can only say that this forum platform contributes a lot when it comes to informing other members here. Because even I am learning a lot from this, to be honest.

[imamusma]

Don't be too sure about that, any project that isn't Bitcoin can collapse at anything even though they're currently top rated coins. We have seen this happened before and it just repeated itself in this bear market. There's no altcoin too big for the market.

In fact you are not asked to 100% believe in bitcoin without any doubt. As a result, you have to keep thinking about the future, and you shouldn't put 100% of your money in bitcoins without having some other investment, be it physical or any kind of investment.

Bitcoin is the only coin that can guarantee you a future profit.

Your assumptions shouldn't be completely correct because the future is just a possibility. No one knows about the future, so how can you guarantee someone will get profit? Bitcoin won't guarantee your make good return, but because bitcoin has something good to consider as a long-term asset (adoption as currency), it's likely that trading won't just stop and the volatility will allow you to make or lose (depending on your investment management).

Always think about the risks, you have to treat them wisely and you have to be responsible for everything that might happen to your investment. Bitcoin is certainly a great long-term investment, but some altcoin can also be considered.

[posi]

Don't be too sure about that, any project that isn't Bitcoin can collapse at anything even though they're currently top rated coins. We have seen this happened before and it just repeated itself in this bear market. There's no altcoin too big for the market.

In fact you are not asked to 100% believe in bitcoin without any doubt. As a result, you have to keep thinking about the future, and you shouldn't put 100% of your money in bitcoins without having some other investment, be it physical or any kind of investment.

Bitcoin is the only coin that can guarantee you a future profit.

Your assumptions shouldn't be completely correct because the future is just a possibility. No one knows about the future, so how can you guarantee someone will get profit? Bitcoin won't guarantee your make good return, but because bitcoin has something good to consider as a long-term asset (adoption as currency), it's likely that trading won't just stop and the volatility will allow you to make or lose (depending on your investment management).

Always think about the risks, you have to treat them wisely and you have to be responsible for everything that might happen to your investment. Bitcoin is certainly a great long-term investment, but some altcoin can also be considered.

I agree that bitcoin is a safer investment than altcoins, but I also cannot trust bitcoin 100%, the future of bitcoin is still in question. Every investment is risky, even investing in gold is risky, so diversifying your portfolio is essential, don't pour all your money into bitcoin, it's a bad decision.

Not all altcoins are bad, but finding altcoins worth investing in is really hard and takes a long time. So I will only choose bitcoin for my crypto investment, the rest I will allocate to non-crypto investments.

[EdenHazard]

Also in my experience, it is right time to invest in crypto just like a top altcoins BTC, ETH, BNB etc. In future, they will give a good profit when market will be stable and its price will be pump. Also search for a good project to invest if you want. (DYOR)

Don't be too sure about that, any project that isn't Bitcoin can collapse at anything even though they're currently top rated coins. We have seen this happened before and it just repeated itself in this bear market. There's no altcoin too big for the market.

Bitcoin is the only coin that can guarantee you a future profit. Other coins or projects can make one mistake and the community that was backing it leave the project and before you realized it, it has collapse. FTX made a mistake and they're paying for it.

They made use of customers funds for their own interests and immediately that information came out the exchange collapse. Just be careful with altcoins investment in this time of the market.

Mtgox, cryptsy , ftx and more to come will always there become a huge sentiment in our early crypto journey .. the ups and downs should be a routine that we aware about. For those who can see careffuly as an opportunity would become the one who enjoy the 100x ride in the future , that's almost a guaranteed rewards especially for those believers in bitcoin.

The revolution of money is very clear in front of our eyes , catch it or leave it in deep regret , we are in a very healthy market especially if it's about the bear and bull run , pick a side.

[LUCKMCFLY]

How many years have you been in the crypto space?
If you know the crypto market very well you might understand what's going on.

I suggest you visit those Cryptocurrency and Bitcoin news websites.  It'll give you up-to-date information regarding what's going on now but of course only those reliable sources.

You sold all your Bitcoin, I think it's time now to full your bag again.

I'm definitely going to use the little I have to buy Bitcoin right away. I believe it will surely pay off.

Well here personally, I am never one to give advice on buying or selling, but I believe that the best investment in the world is Bitcoin, to every person, friend or someone that I get and wants to give good advice is to buy bitcoin, because I know that it is the currency that in the near future will have great power, above any fiat currency, it will even have more value than gold, it will be the safe haven that every person wants to have for their life and be their insurance of life, this is something that I have always known and it will always be so.

When we review the history of Bitcoin we know that each ATH is higher than the other, and that it cannot be measured, I have a friend who told me that bitcoin can reach $1M in 10 years, and that is a very good thing I believe him...

[virasisog]

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?

Op, you should have done some research first so you'll know the possible occurences that influence the market. This is actually how a crypto investment works. The market will not stay in green colors all the time so it needs a lot of courage and patience to wait for the right time to sell. You should know how to take advantage of every market condition and not blame the market alone if it isn't moving upwards. If you have seen how the market moved before, you'll have an idea of how it could recover again.

[WatChe]

Op, you should have done some research first so you'll know the possible occurences that influence the market. This is actually how a crypto investment works. The market will not stay in green colors all the time so it needs a lot of courage and patience to wait for the right time to sell. You should know how to take advantage of every market condition and not blame the market alone if it isn't moving upwards. If you have seen how the market moved before, you'll have an idea of how it could recover again.

The market takes correction after every bull run and there is always a bull run after bearish season. Normally people ignore this fact that the idle time to buy bitcoin is when its bearish i.e. the current one. Rather then asking such questions that what happened to market? Its better to start accumulating bitcoins. But this require patience and trust in bitcoin, which qualities are not possessed by everyone.

[Anguwa]

The cryptocurrency market on its own provides all the justifications you require. If you were active in the cryptocurrency market two years ago, looking back at the peak price of bitcoin and its current price will show you that things have changed, and there may be an opportunity for you to invest now and make even more money than you did before.

[Lanatsa]

The cryptocurrency market on its own provides all the justifications you require. If you were active in the cryptocurrency market two years ago, looking back at the peak price of bitcoin and its current price will show you that things have changed, and there may be an opportunity for you to invest now and make even more money than you did before.

When you do have the real experience and awareness on how this market moves then you wont really easily freak out on the time that it would really making out some bearish movement.Its not something new and

its just really like a typical day here on crypto space.You cant really be able to sustain or withstand this market if you do see yourself that too impulsive then this market isnt for you.

When you are just still a noob then these kinds of reactions are really that pretty normal.Market cant really just be having a single direction or path on which
these ups and downs are really just that its main characteristics.

[KingsDen]

Op, you should have done some research first so you'll know the possible occurences that influence the market. This is actually how a crypto investment works. The market will not stay in green colors all the time so it needs a lot of courage and patience to wait for the right time to sell. You should know how to take advantage of every market condition and not blame the market alone if it isn't moving upwards. If you have seen how the market moved before, you'll have an idea of how it could recover again.

The market takes correction after every bull run and there is always a bull run after bearish season. Normally people ignore this fact that the idle time to buy bitcoin is when its bearish i.e. the current one. Rather then asking such questions that what happened to market? Its better to start accumulating bitcoins. But this require patience and trust in bitcoin, which qualities are not possessed by everyone.

Anyone that gets into the cryptocurrency industry and wants to be successful must surely understand the nature of the industry. You cannot be successful in a place you don't know the rules and regulations otherwise can be called the working principle of the industry.
One thing about bitcoin is that almost everyone knows that bitcoin is cyclical unless the nnew commers. But when bitcoin begins to go in cycle when it is in the place of bull run everybody will be happy and enjoy the monkey when the other cycle of bearish trend starts, people will start crying and creating FUD.
Nothing happend with crypto, that is how it used to be

[WatChe]

Op, you should have done some research first so you'll know the possible occurences that influence the market. This is actually how a crypto investment works. The market will not stay in green colors all the time so it needs a lot of courage and patience to wait for the right time to sell. You should know how to take advantage of every market condition and not blame the market alone if it isn't moving upwards. If you have seen how the market moved before, you'll have an idea of how it could recover again.

The market takes correction after every bull run and there is always a bull run after bearish season. Normally people ignore this fact that the idle time to buy bitcoin is when its bearish i.e. the current one. Rather then asking such questions that what happened to market? Its better to start accumulating bitcoins. But this require patience and trust in bitcoin, which qualities are not possessed by everyone.

Anyone that gets into the cryptocurrency industry and wants to be successful must surely understand the nature of the industry. You cannot be successful in a place you don't know the rules and regulations otherwise can be called the working principle of the industry.
One thing about bitcoin is that almost everyone knows that bitcoin is cyclical unless the nnew commers. But when bitcoin begins to go in cycle when it is in the place of bull run everybody will be happy and enjoy the monkey when the other cycle of bearish trend starts, people will start crying and creating FUD.
Nothing happend with crypto, that is how it used to be

If you see the following price chart of Bitcoin, then it's high time to buy. The irony is that most of us take crypto as a place to get rich overnight, and with that mindset, one is deemed to lose money. I would say bitcoin is not down at all rather its available at discounted rate, waiting for us to buy. We don't know whether its the bottom or not, DCA is best strategy to accumulate bitcoin.




source: cryptocrunchapp۔com

[JoyMarsha]

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?

Were you expecting another ATH for bitcoin? If so, I'm interested to know why you're so shocked that it's now trading under $17,000. You will notice that there is always an upward and downward movement of the price if you do understand how the bitcoin market functions.

I would have encouraged you to buy some bitcoin now while the price is cheap and hold onto it in your portfolio until 2024 since you have decided to return to cryptocurrencies rather than stay away. There is a chance here. After investing in cryptocurrency, you have the option to choose to stay away from it until the bull run in 2024.

[AicecreaME]

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?

Season's changed. Bull market was over and Bearish market took over, which is a good opportunity to buy again and wait for the next bull run. There's nothing new to be honest, I bet you experience a lot of bearish market already but it seems like you didn't know the term. Volatility is one of the reasons why Bitcoin and other cryptocurrency are all red, you know, altcoins always follow Bitcoin, when it's down, then most of them are all down as well.

[bettercrypto]

For what is happening now in cryptocurrency is not only we are in bear season, but also we face a lot of difficulty in the market, just like what happened to Luna, then followed by  Ftx scandal, greyscale, lot of Fud in crypto.com also to binance, and more.

Because of these situation, the market down rapidly, and lot of fear of the community to push them to withdraw their assets and transferred it in which they think it is safe.

[Xinarae*]

Due to the situation the crypto market will go down quickly, but the price of the coins will rise again it is not right to rush in such a situation. Staying in one place will save you from major damage the size of the cryptocurrency market is very small along with this, the volatility in the crypto market is also high. This is the reason for the rapid decline in the crypto market investments can be done partially depending on the current market conditions.

[len01]

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?

if you've known bitcoin for a long time, I don't think you'll be surprised by what's happening to bitcoin today.
bitcoin price is like a cycle there is always a bullish season and a bearish season, it will always happen in the future.

see bitcoin price chart from 2010 to 2022

source

after looking at the picture above we can see the bitcoin price cycle every 4 years has halving and the bullish season arrives causing the price to reach ATH.
but when the price reaches ATH, of course the bulls will also leave the market soon and the bears will take over the market and the price will drop very deeply.
and currently the price of bitcoin is really very cheap and if you want to go back to buying bitcoin to fill your wallet pocket and hold it for the long term, now is the right time.


PS : i don't suggest you to buy now but DYOR before buying bitcoin. there will likely be a second recession hitting prices in the market