/biz/ - Business & Finance

>>57591617
The 2021 dip was child’s play compared to the January 2018 crash. 2017 was the year of the shitcoin… this was when there was only one meme coin (DOGE) and hundreds of shitcoins larping as legitimate solutions. There was Request Network… there was TRON…. FUN…. OmiseGO …. NEO…DASH…DIGI… there was one night where everyone thought BCH was going to pull off a coup and it almost happened. Then the whole market mooned upward. Tripfag named /oldbiztard/ kept dropping predictions that anons would bet their entire life savings on. LINK posters started invading. Things started going sideways with the Bitconnect scandal… that shitcoin rugged spectacularly. It was a top 20 coin and then it was exposed.

Then January 2018 hit… it was a bloodbath of epic proportions. BTC tumbled from $20k down to $6 and many of the shitcoins rugged or just straight up died. There are catalogue screenshots where almost the entire catalogue was pink wojaks. I’m almost 100% positive that we lost at least 10% of anons to sudoku during that crash. I went from mid five figures down to $5k and many other anons posted legitimate riches to rags portfolio screenshots. It was the first real crypto crash where normies were affected (Mt Gox was years before normie adoption) and the ass pain spread into all normalfag spaces of the internet. I remember being on travel in the upper mid-west freezing my ass off in a warehouse that I was setting up for my company and in between accepting deliveries of pallets I was glued to my phone looking for any sign of hope that my money would be OK and slowly coming to the realization that we were all fucked. Within a few months, /biz/ was a zombie wasteland….the few lucky anons who hung in there became LINK shitposters and many became believers. If you were one of those and didn’t sell, you’d be rich today.