Black is BTC now
Red is BTC in november 2013
Crash incoming.
so you're saying there's one last bull trap
WE AIN'T DONE YET BOYS
>>2569117
OH NOES
IT WILL CRASH TO 2400!!! WHAT SHALL WE DO!
FUUUUUUUUUUCK
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>>2569117
Not a crash, everybody holding Bitcoin is just switching over to Litecoin before Aug 1
>>2569136
>he doesn't know what happened in 2013
>>2569170
>he doesn't know why it happened
>>2569117
Fortunately, the price isn't determined by "Muh this chart looks a bit like that chart", it's determined by news and market sentiment. things like SEGWIT GETTING ACTIVATED JULY 21ST.
>>2569136
This. Buy more lol. And so will everyone else, pushing the price right back up. What is it with all these CRASH CRASH CRASH faggots on here?
>>2569183
Uncertainty was why it happened. Mt Gox isn't the sole reason for 3 years of Bitcoin decline and stagnation or else its price would have recovered quickly. The upcoming soft fork could add more uncertainty if it doesn't go well.
>>2569117
Even if it does crash, it will get to a new ATH as soon as the US economy crashes, which is going to happen sooner or later
>>2569371
Mt Gox isn't the sole reason
But it was. Do you know how much volume they had? It was over 80% of all crypto volume. That doesn't just "get replaced"
Today it would be like if polo, huobi and the japan exchange all went down because they were committing fraud
>>2569371
> The upcoming soft fork
Do you only check the Bitcoin subreddits once a month?