Quote from: gentlemand on November 25, 2018, 06:38:05 PM

Quote from: sorrysteve1 on November 25, 2018, 04:22:44 PM

, I think the big difference to other crashes in the past is that this time it is very much in the public spotlight so it's going to take much more to come back from this.

Could go either way. Either the increased attention means it stays down for longer, or less time. We're about to find out. I can well believe an awful lot of people forgot about BTC completely after 2013. That certainly won't be the case this time around.

Never underestimate how rapidly things can turn if people sniff dollars. Memories suddenly become conveniently short.

I guess one thing that I neglected to consider. The common person on the street who's mate invested $500 at $20k isn't likely to invest for fear of getting burned themselves but institutions who are far more clued up and understand the cyclical nature of markets are far more likely to sniff a bargain at $3k. I would think that the amount invested by those institutions will outweigh that of the public. It will probably be the institutions who take us through the slow grind back to an ATH and then the public who push us to new heights before the next market crash years from now.