READ & FEAR NOT:
Muthu Ragul:
📌#FEAR NOT
📌#Biggest Crashes in Bitcoin history
📉 - 94% June-November 2011 from $32 to $2 because of MtGox hack
📉 -36% June 2012 from $7 to 4 Linod hack
📉 -79% April 2013 from 266 to 54. MTGox stopped trading
📉 -49% Feb 2014 MTGox is gone
📉 -40% September 2017 from $5000 to $2972 China ban
📉 -48% January 2018 Korea FUD. from $19700 to 9500
Bitcoin died thousands of times just to keep on living. HODL SHARE with your friend!
I don't think that we can entirely attributed the fall from South Korean FUD in January. There are other factors as well, specially when the CME and CBOE bitcoin future contracts were about to expire. Clearly we can see some manipulations from behind causing the price to slip even further. Then there's the India FUD, Tether subpoena that added fuel to the fire to the already sensitive market.
But with bitcoin's proven record, there's not a doubt in my mind that we can overcome all this hurdle. Yes, bitcoin has died a thousand times according to people who spread panic around the forum, but it will be just a matter of time before we can see the price picking up and moving on a upward trend again.
And our battlecry? , Just
HODL