stop selling you pussy faggots. is this literally your first market cycle? 2013-14 literally did the same exact thing.
HE PANIC SOLD AT A LOSS
Nathan Cox
Joseph Barnes
Been here since 2012, lived through seeing 25 BTC loss on Gox. This is different. This is not the exact thing. Uncharted waters user...
Chase Phillips
how? how is this worse than the exchange handling 70% of btc trading getting hacked?
Jayden Perry
this. GOX burned autists or in other words absolute degenerate retards, the next to bottom 5%. In 17 we burned pajeets, the absolute bottom 5% and then the normies, the gentlemen, the fat 80%.
Now you might be thinking that this still doesn't account for the big slice of liquid, valuable fiat dollars available for betting on our planet, but anons need to realize this money is where it is because it never played the lottery, it will not be coming to crypto-currencies, it is ogre.
Christian Rogers
Back then the amount of fear and confusion was 100x less than today. Back then we had a pointer to what the catalyst to the collapse was, today we don't. The general sentiment was also much more positive through December to February (when Gox withdrawals were locked). And although we remained in a sideways / sliding market for many months, there was much less pessimism. What we have now is unprecedented, no amount of looking back is going to give you any insights into the future of the price.
Blake Miller
simply, the players are different
Logan Robinson
You're the real pussy faggot, you're dying for your cryptos to head anywhere near the price you paid for them last year so you can sell up and pretend the last 12 months were just a bad dream.
Impotent meme posts are all you've got until then.
Anthony Wilson
>2013-14 literally did the same exact thing.
meaning we're gonna hit 2-3k lol
Easton Moore
this but unironically
mt gox was not a bubble pop, it was just scammy exit scams by the only good exchange
we are now at a real bubble pop, and the bleeding only stops at a 95-98% loss from ATH, if it goes up again, who knows, but we are definitely not anywhere the bottom aslong as bitcoin still has 4 digits before the comma
Jackson Gray
it was a combination of a bunch of things: in nov-dec, futures came out, bitcoin cash was released to the masses through coinbase which caused uncertainty, credit cards denying crypto purchases, and then high fees, slow transaction times and clunky UI's killed the idea of this being the future. the latter probably being the worst issue which will be fixed with time.