Market crashes being caused by Mt Gox trustee is possibly the most bullish news we’ve ever encountered

The fact that the market absorbed the dump at 6k USD shows there's enough bulls out there to withstand almost anything. This news could be the start of a huge, huge bull run with potential implications of mass adoption

submitted by /u/domjellytree
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Bitcoin – The Currency of the Internet

Bitcoin's Bad Day: Price Crashes amid Fears of Major Hack and SEC Demands

Bitcoin's price tanked to under $ 10,000 on Wednesday amid fears that a major exchange had been hacked and new regulatory warnings from U.S. authorities. The cryptocurrency's value fell to half that of three months ago, when it reached a whopping $ 20,000 per coin. But it remains volatile, and the …
Google Alert – bitcoin

Lesson – History of Bitcoin crashes

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.

submitted by /u/xcryptogurux
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Bitcoin – The Currency of the Internet

Any rating that doesn’t give Bitcoin an A has got some screws loose. Nearly ten years of wealth creation, innovation, massive growth, proven resiliency against crashes and billions worth of infrastructure. And all without a leader. Bitcoin is the standard

Any rating that doesn't give Bitcoin an A has got some screws loose. Nearly ten years of wealth creation, innovation, massive growth, proven resiliency against crashes and billions worth of infrastructure. And all without a leader. Bitcoin is the standard submitted by /u/Bitcoin_21
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Bitcoin – The Currency of the Internet

Kucoin Issues a Warning After Bitcoin Diamond Soars 40x and Then Crashes

Ever since the arrival of bitcoin cash, forked coins have been en vogue. While BCH has succeeded in gaining traction, not only on exchanges, but also in the real world, the stragglers have struggled. There is little evidence that the likes of bitcoin gold and bitcoin diamond are used for anything other than …
Google Alert – bitcoin