Quote from: Crypto Piece on February 02, 2018, 12:23:03 PM

Bitcoin has spectacularly 'died' several times

📉 - 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

📉 - 87% from $1166 to $170 November 2013 to January 2015

📉 - 49% Feb 2014 MTGox tanks

📉 - 40% September 2017 from $5000 to $2972 China ban

📉 - 55% January 2018 Bitcoin ban FUD. from $19000 to 8500

I've held through all the crashes. Who's laughing now? Not the panic sellers.

Market is all about moving money from impatient to the patient. You see crash, I see opportunity.

You - OMG Bitcoin is crashing, I gotta sell!

Me - OMG Bitcoin is criminally undervalued, I gotta buy!

N.B. Word to the wise for new investors. What I've learned over 7 years is that whenever it crashes spectacularly, the bounce is twice as impactful and record-setting. I can't predict the bottom but I can assure you that it WILL hit 19k and go further beyond, as hard as it may be for a lot of folks to believe right at this moment if you haven't been through it before.

When Bitcoin was at ATH little over a month ago, people were saying, 'it's too pricey now, I can't buy'.

Well, here's your chance at almost 60% discount!

With growing main net adoption of LN, Bitcoin underlying value is greater than it was when it was valued 19k.

Awesome to see, thanks for that.

I have been holding on, but I agree with you that it tends to jump exponentially higher after the dump. Would be great to see it return to 19k and higher. It may take some time, similar to the lull period we had between September and December

Maxcrypto1990

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