When the price is going up it's easy to feel like it'll keep on going up, and when the markets crash it can feel like the bleeding will never stop. It's important to remember that bullish and bearish market sentiment can change in a heartbeat. As today, crypto markets (particularly Bitcoin) are looking a lot more optimistic, I thought it would be interesting to look back on some of the highlights from the Daily Discussion back when the markets crashed hard during March of this year. Some comments have aged better than others. If I have selected one of your comments and it hasn't aged well, don't take it personally! I have made plenty of such comments myself down the years (Eth to 10k by eoy 2018 and more recently, Nano to $50 in 2021). We all have. Sharing our sometimes wise, sometimes misguided, often emotional opinions is part of what makes this sub so great. So, all in the name of good fun and reminiscence:Daily discussion thread: March 12 2020Daily discussion thread: March 13 2020I've been in crypto 4 years and have never lost so much money in a single day before. Funnily enough, I feel nothing.HOLY FUCKING SHIT! 5.8K?!! REALLY??!Down 33% last 24 hours. Down 59% last week. Big oof.This is the end for Bitcoin in my opinion.Just sell already. Cryptocurrency is the most obvious ponzi scheme in the world. Literally, bitconnect had a huge marketcap in the past. It's okay to admit you fell for an obvious ponzi scam.Unpopular opinion: Bitcoin is still a digital gold and a hedge against the recession. The current decline is the future "low base effect" being formed. When a rise of Bitcoin in a sea of red will hit the news at the right time, stocks money and money printed to soften the recession will flow into it leading to The Moon.Been in crypto since q1 2013 and this is the worst single day crash i have seenMight buy some BTC at $100Huh. What the hell? From 8000 to 4700 in 28 hours?At this rate you'll be able to buy 50$ btc in a weekWow eth hit 90 already. Going to get pretty bad. We may see 50 dollar ethCrypto is over. All shares are collapsing and soon fiat will hyper inflate. This is the end.the real joke here is that we thought this would reach ATH this yearI can't believe some of you are buying back in already. That was just the start of the new bear market. The Fed pumped 1.5 TRILLION dollars into the stock market yesterday and it barely did a thing. We are going DOWN big time from here as soon as another bad enough Corona headline hits.I will buy when BTC hits 1000$.(in a few days)Good to see that people are realising that bitcoin is actually worthless and has no valuecan someone please fucking explain to me why anyone should keep holding bitcoin ? it has proven to be an utter failure at the one thing it was thought to be useful for.... sToRE oF vAluE. myth debunked. it is an utterly useless piece of trash. the only thing that would make sense is for this shit to go down to zero and fucking spare us all.
Submitted November 17, 2020 at 11:10PM
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