The painful history of Bitcoin!

MoneyTec Forums Cryptocurrency The painful history of Bitcoin!

This topic contains 5 replies, has 4 voices, and was last updated by  DDRB 1 year, 5 months ago.

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  • #1481

    FXGuru
    Participant
    • 93

    Although, this might not matter much now with the kind of gains Bitcoin has managed in last 1 year or so, but still, it’s important that beginners know the history of it!

    This one highlights all the Biggest Bitcoin Crashes in the Last 10 Years.

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    #1501

    Peter Parker
    Participant
    • 29

    To be very honest, it will be bit unfair to call this painful, as these were the opportunities that many took. In fact, I think many people pray for such drop, as it could be the ideal opportunity to get into this. But it is very obvious that right now such drops are very much ruled out to happen.

    Thanks for the info….

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    #1504

    FXGuru
    Participant
    • 93

    It’s nice to see people appreciating it. Anyhow, I believe it depends on which side you are on. If you already had BItcoin at that time, then I think it was enough to give you heart attacks. But if not then I believe whatever you said is very much the reality, as it is also an opportunity. After all, life is all about being positive and that is how you do well!

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    #1530

    DDRB
    Member
    • 14

    I agree, this is not painful at all! The funny part is right now, it’s dropping $1000 to $2000 for fun. As we just saw today that it went towards $11k before dipping back to $9k and now its back up towards the $10k mark.

    It has become so common for Bitcoin that watching the history, it is no big deal for such crashes, as it always comes top of it.

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    #1612

    viceboy
    Participant
    • 9

    I would love to have a similar thread with tittle “The Fruitful history of Bitcoin” and in that, I will love to show how rapidly Bitcoin overcome whose hurdles and drops.

    Right now it is going nuts, it is hard to see if it’s ever going to see the face of 1k again, but I guess that is just impossible! This is painful history that is not exactly all that painful after all!

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    #1759

    DDRB
    Member
    • 14

    Lol Viceboy, that’s not a bad idea. But as I said this is not painful to me at all! It was all part of the design, and I don’t think anyone should think that it was painful; as such drop helped it to come back even stronger. Even it happens right now as well, but the thing is that we see the recovery so quickly that no one talks about the drop.

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