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File: 35 KB, 625x499, btc2011.png [View same] [iqdb] [saucenao] [google]
7349592 No.7349592 [Reply] [Original]

Reminder that in 2011 BTC went from $29 to $2

>> No.7349624

Ok, and?

>> No.7349650
File: 2.40 MB, 460x460, 1508030909531.gif [View same] [iqdb] [saucenao] [google]
7349650

>>7349592
Daily reminder,
That was when BTC was the only crypto currency on the market!
>hello newfriend

>> No.7349707
File: 40 KB, 684x503, btc2013.png [View same] [iqdb] [saucenao] [google]
7349707

$230 to $70 in 2013

>> No.7349714
File: 15 KB, 251x242, kek.jpg [View same] [iqdb] [saucenao] [google]
7349714

And in 2018 it's going from 20k to $2
neat

>> No.7349756

>>7349592
Reminder that you can't compare the past and the future
Reminder that a commodity can recover 6 times and still fail on the 7th

>> No.7349779

>>7349592
and now its going to $2 again

>> No.7349786
File: 41 KB, 686x506, btc2014.png [View same] [iqdb] [saucenao] [google]
7349786

$1200 to $200 during the Mt. Gox crash in late 2013-14

>> No.7349795

>>7349624
$20,000 to $1,650


ok and?

>> No.7349842

>>7349592
It's okay, there's a stable base of support at 0 dollars.

>> No.7349859

>>7349795
good . so then next time it will go to 50k from 1650

>> No.7349870

>>7349592
very strong support at 2$ guys

>> No.7349901

whats happening now is far worse, because there was hardly any volume back then, so going down 75 or 80% didnt take much. this is on a way bigger scale. 800 billion dollar market going down 80% in a month is way more significant and terrifying

>> No.7349929
File: 10 KB, 579x335, enron-stock-chart.gif [View same] [iqdb] [saucenao] [google]
7349929

80 to zero.

>> No.7349931

>warned people yesterday it's going to 4k
>was called a FUD'er
Guys, you're talking about something that has no inherent value. Only unhinged hype and volume got it to 20k

>> No.7349956

exactly

>> No.7350041

>>7349929
bitcoin isn't a company that can go bankrupt, it'll never be $0

>> No.7350058
File: 40 KB, 668x502, btc2018.png [View same] [iqdb] [saucenao] [google]
7350058

...and this is were we stand now, a -68% from ATH

>2011
-90% from ATH

>early 2013
-70% from ATH

>late 2013-14
-85% from ATH

>> No.7350092

The floor is $2
good to know

>> No.7350115

>>7349714
I hope so, that would be a great opportunity to get in on bitcoin really really cheaply.

>> No.7350148
File: 46 KB, 666x502, btc2018.png [View same] [iqdb] [saucenao] [google]
7350148

>>7350058
wrong chart

>> No.7350172

>>7349592
this is so cool. it means that there will never be a company, product, service, or technology that will lose it's value completely. bitcoin will be worth 10 trillion trillion dollars next year :)

by the way you could have sold in december when we told you to. it takes a long time for recover to happen either fucking way, you can buy back in july at the same prices (now 1/4 of the price)

>> No.7350214

>>7350058
>>2011
>-90% from ATH
>>early 2013
>-70% from ATH
>>late 2013-14
>-85% from ATH
A couple hundred dollars (or less) is not the same thing as $14k. Billions in market cap was lost in just the last couple hours. You can't say the same about those other times

>> No.7350275

>>7350092
I have an order at $3 just in case

>> No.7350340

>>7350275
No you don't

>> No.7350409

>>7349592
ya cool i guess, the crash still isn't over and then it might take a year or two to recover to previous highs.

if you haven't sold by now you're legit retard

>> No.7350415

>>7350172
I shorted the market after this
https://www.tradingview.com/chart/BTCUSD/6GuxadAx-Manipulated-Dump/

>> No.7350441

>>7350041
>it'll never be $0

>> No.7350509
File: 577 KB, 893x895, 6c3.png [View same] [iqdb] [saucenao] [google]
7350509

>>7350214
>He thinks marketcap is actual money invested

>> No.7350566
File: 8 KB, 420x420, 1517536283574.png [View same] [iqdb] [saucenao] [google]
7350566

>>7349592
>Comparing a bubble in the stealth phase to a bubble in its peak phase

>> No.7351288

>>7350214
40 billion was lost off the australian stock market today alone. In the grand scheme of things crypto is still tiny and could easily bounce back from any crash

>> No.7351692

>>7351288
you can't compare the stock market which represents real companies with real assets and revenue streams with vaporware crypto that isn't backed with any assets or revenue mechanisms

crypto is pure hype, its only worth what people will pay for it, and if the market says people don't want it or will only pay very little, then it's worthless

>> No.7351917
File: 19 KB, 645x773, cFVpntN.gif [View same] [iqdb] [saucenao] [google]
7351917

So you're saying it could hit 2 dollars again

>> No.7352106

>Permabans

>> No.7352191

That will be the price of a Bitcoin in 10 years when everybody has forgotten about this meme.

>> No.7352254

>>7351917
Almost like a few global elites are influencing the price of Bitcoin, or something

>> No.7352919

>>7349901
Except the actual amount of money in crypto is likely 10% of mcap at best

Still exponentially more volume than before though

>> No.7353266

>>7350115
If bitcoin suffered a 99.9% crash I'm pretty sure nobody would ever touch it again.