What caused this crash in November 2018?
What caused this crash in November 2018?
the jews
old gox coins sold
i was here but i dont remember anything except i was trying to buy as much link as i could.
BSV drama supposedly. but it was just miners selling
We realized the true value of Bitcoin, and now it's forgotten again
Normies capitulating
Final catapultation of the cycle.
>miners try to artificially uphold the price at a certain tolerable level (~6k), selling less and less to not be unprofitable
>no one is buying, mania over
>at some point they have to cover cost => capitulation and drop below artificial level
tether burning 1/3 of the supply
CORRECTISCH
well that didnt work out lmfao stupid ta faggot
whales pulled a short at the bottom and it paid off.
Most user were pretty depressed by then but schlop schlop poster kept it real.
cucks sold
Coinbase had unexpected maintenance at the peak of the insane pump.
The fed increases interest rates
massive descending triangle
he was basically asking why such a triangle would form, not if it was there or not
patterns do not cause, they emerge
Not enough fear, peak fear was sub 4k, sadly like a lot of people I thought it would go even lower that's why I have a suicide stack of link and not a make it stack
fpbp
/thread
Dude. I don’t have fucking price historic data memorized like a fucking retard. Wtf are we looking at?
many coins are at that exact point right now, which is probably why OP made the thread. chainlink, most defi scams etc.
knowing what exactly caused the chart to drop below that baseline is therefore valuable, as it could tell you whether or not you should expect another drop or not
also nigger
The gist is, someone isn't going to buy your buttcoin for higher than its current price which you can tell because it fails to break resistance. Why? Well there a number of reasons. I would say the most obvious one was the media attention btc got at the time which cased a rapid parabola, the bubble popped, and then uncertainty.
Chainlink looks nothing like this retard.
can't remember but it was a blessing, we got $0.20 LINK. although lowest i got it at was $0.30 (at that time) as didn't have more fiat to put into it
but had bought a lot at 0.17 previosuly so wasn't too bitter
"aha"
My first crypto purchase was 2 or 3 days before that crash. I thought I was finally buying the bottom. Its ok though, I just kept buying and now I'm going to make it.
the impetus at the time was claimed to be CSW selling his core coins to pump bsv price over bch. Bitcoin all is so boring
i read that drivel twice, but gave up.
god, you are one shitty poster, do you know that?
Basically pure technicals/inevitable. There aren't "causes" as such.
News follows charts.
cope
you had three years
nice reading comprehension you fucking retard
bcash fork
el año q eche al moraco