Quote from: noormcs5 on December 29, 2018, 07:08:10 AM

Quote from: tdrinker on December 26, 2018, 01:48:03 PM

The crash was an inevitability, as it always is when a market goes parabolic like the crypto market did last year. For those of us who were new to the market and got caught up in it, it can provide an invaluable learning experience. For most it will just lead to loss and for them to panic and quit on crypto.

Market always move in opposite direction from the general public anticipation. People were thinking that in December 2018 they may see the bull run, but it happen totally opposite. The market crashed from 6000$ to 3000$ in this period and it was a planned move by the whales to get the coins in cheap.

FYI, if you didn't read what I wrote in OP, read back again. We're none to blame whales because they've got OTC as a better option over offloading their money at exchanges, I've had the same thinking that you currently have, but my mind changed once I observed and researched about the complete FUD that's being spread amongst us that there will be big investors trying to invest and they're not getting either ways to put their money in this. Nobody here, none of those big whales would be happy as I've even seen those whales going rekt over exchanges like Bitmex and OKex by going all in on bets with such high leverages that their portfolio couldn't resist liquidity. Again, it's not just the whales who tried to get a treat by growing their BTC (those who actually knew something and made enormous BTC to cover their losses in USD), but even people like us shorted and made a difference.