Post
Topic
Board Speculation
Re: Has it been so bad before?
by
Einewton
on 15/01/2015, 01:54:47 UTC
When I started to get into BTC in 2011, it went from $30 to $2..

That's like us going from $1,000 to like ~$90 on a % scale wise... So yeah, Much worse.. :p

it actually touched 1.98 which was scary as hell b/c everyone thought it broke resistance and was headed at least to 1.00

But wasn't the descent much faster? This one is taking more than one year...


History repeats itself, but not in the same exact way/timeline.

I wonder if this is a much more overstretched bubble, maybe we'll have a flat 2015, slow rise in 2016 and new ath in 2017. THAT would be a true test for hodlers!

Quite possible... Also we have the BitCoin Halving in 2016 that could also have an effect.

http://bitcoin.stackexchange.com/questions/30344/when-will-next-halving-events-occur