Great post!

Thanks for this review that dated back as far as  9years of cryptocurrency existence. I learnt a lot and draw inspiration of where we are going. It really encouraged and put much confident to me and helped me learn how cryptocurrency ecosystem works. I really appreciate you.

@zer0hedge. Bro After every crash bitcoin creates a higher high but does not create a lower low.  Average price increase between major crashes is 46%, as such, on the next bull run, it may reach apx. $28,000 before another major crash.Im gonna guess your joking?  Cause everyone and their pajeet cousin knows Tether is a ticking time bomb orders of mag bigger than the  Bitconnect shitstorm. They also allow margin trading so you might wind up with your exchange deposits rehypothicated. Sucks cause Bittfinex was m fav exchange to trade on. Had by far the best buy,sell options and UI...thank you for sharing with us..

Great work,very nic post,

Crypto -must- crash and shortly.  Reason is exchanges had to make a virtual futures crypto to represent slow moving blockchain true crypto. It was easier to take this generalized approach than try to get blockchain a to talk to blockchain b across hundreds of different technology derived crypto.

Of the 'true blockchain cryptos' if you download and examine the ccminer source code you will find ALL of then derive from about 20 families of cryptographic hash functions.

What exchanges sell you is futures, a representation of blockchain crypto, and completely worthless as it can be infinitely diluted  like everyone discovered with tether a very smartly crafted fine print agreement on an unregulated exchange..

a. user gives them fiat.

b. User trades fake futures crypto.

c. Exchange refunds them tether which they typed up in a script.

d. User now has forfeited any claim to their deposits.

e. User was done from beginning it is an unregulated exchange for a reason like the old forex scamsters and wolf of wall streets.

If IF you have the ability to withdraw from your offshore poker stars unregulated crypto exchange please do so immediately. which of them is honest and fake (Robin Hood free trading really!,) I would put down to 5%ish.

Buying opportunity for sure. All of these form turns turn into great buying times.

This is a big point to the critics who are always criticizing cryptocurrency.
If Bitcoin lost it's value by 83% in 3 days. Then this previous dip didn't have to worry anyone. 
Cryptocurrency is for the strong willed.. The risk takers who are willing to accept the falling of prices. Otherwise am glad it's coming back... Time to spend some of that hefty cash on leisure activities.

Bitcoin is down.....

While this particular crash may not be the biggest in terms of percentage, it's the biggest (by a long margin) with respect to the loss in absolute market value. Goes on to show how much btc grew since the last big crash.

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Gread post Dear...  @ze0hedge 
Wonderful idea..  its very helpful info:
I like your post 
and seeing all time..
#Resteemed..Done

I will have to look at a chart but it would be interesting to see what the rebound percentage was and how long it took for each of these draw downs.  My gut tells me that these "crashes" result in even more powerful reversals.

As for the nature of the article, it is safe to say this move was no big deal in the crypto world.  It took close to two months to go down 70%.   Higher levels and in a much quicker period of time were experienced throughout Bitcoin's history.  

I am confident we see a big bounce in BTC along with alt coins.  The pullback cleared out some of the "iffy" people.  I do not know the stats, but I imagine there are a number of short positions out there which could lead to big moves up as the shorts have to cover.

It is always a wild ride.

It is why HODL is used.