Post
Topic
Board Bitcoin Discussion
Re: Its safe to say Bitcoin has recovered all it's losses since the FTX collapse?
by
ChiBitCTy
on 24/01/2023, 21:03:17 UTC
It seems that people are now getting used to Bitcoin market behaviour, now people are understanding that Bitcoin cycle is 4 years. Imagine if the FTX collapse happen in 2017, I believe the impact will be more drastical compare to today, now I can boldly say that Bitcoin has now recovered all it's losses since the FTX collapsed, is this safe to say?

I never expected the fast recovery that's why I said the world is finally understanding why Bitcoin is a necessity in every one's life, am I saying too much? Or you think I am right?

I think it's important to note that bitcoin doesn't really have a "cycle" every four years, its just that bitcoin simply "halves" every four years, which is different and would be a bit confusing to those not real versed on bitcoin if you don't explain what you mean by that exactly.

Bitcoin didn't have anything to recover from, only people.  I'm also pretty certain that most people who lost money in the FTX ordeal have not recovered.  Totally different things you're mixing up here.