Post
Topic
Board Speculation
Merits 2 from 1 user
Re: Does the 2017 crash “feel” different than the 2014 crash?
by
cellard
on 09/08/2018, 14:08:34 UTC
⭐ Merited by RodeoX (2)
The 2013 crash was more brutal. Remember that there was only MtGox back then having most of the liquidity in Bitcoin. If there was a time to think Bitcoin was going to die, then that was the MtGox apocalypse.

The fact that Bitcoin survived that made me realize how delusional people that think Bitcoin will ever die are. Now we have tons of different sources of liquidity with different exchanges. The fatal 2013 scenario cannot ever be repeated again. The current crash is just a healthy correction after the market went apeshit. At a slower pace, and with much better fundamentals. The bottoms keep being higher than the previous bubble's peaks which is all that matters .This is called progress. Long term we've never stopped going up. Of course short sighted noobs may argue otherwise.