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Quote from: DeKingCrypto on December 16, 2018, 03:56:21 AMMost of us that were already I'm cryptocurrency business since the early months of 2017 saw what happened in the cryptocurrency market starting from mid third quarter of the year and bull run continued till January 2018, up to this time we have been faced with bear upon bear, this leaves me a question, Do you believe it can happen again?Of course. I always believe the bull run can happen again. I think Crypto currencies have potential to do it. Lets see.
Most of us that were already I'm cryptocurrency business since the early months of 2017 saw what happened in the cryptocurrency market starting from mid third quarter of the year and bull run continued till January 2018, up to this time we have been faced with bear upon bear, this leaves me a question, Do you believe it can happen again?
Quote from: DeKingCrypto on December 16, 2018, 03:56:21 AMMost of us that were already I'm cryptocurrency business since the early months of 2017 saw what happened in the cryptocurrency market starting from mid third quarter of the year and bull run continued till January 2018, up to this time we have been faced with bear upon bear, this leaves me a question, Do you believe it can happen again?Yes friend, bull run will definitely happen again and you shouldn't loss hope. Now, this is a little history of the bitcoin bull and bear run so far experienced. By June 2011, it had risen to a new all-time high of roughly $30. But by November, the cryptocurrency was back below $2.50, tumbling more than 92 percent from their high.Tokyo-based bitcoin exchange Mt. Gox was handling roughly 70 percent of all cryptocurrency transactions in the world. The site experienced its first of multiple hacks in 2011, and its eventual downfall coincided with what would be bitcoin's next bear market in 2013.In 2013 through 2015.Two years later, most bitcoin trading was still done on the soon-to-be defunct Mt. Gox bitcoin exchange. During the two years leading up to 2015, Mt. Gox was effectively frozen out of the U.S. banking system for regulatory issues. It stopped trading, closed its website and filed for bankruptcy protection.Bitcoin first shot above the $1,000 mark in December 2013, according to data from CoinDesk. Two years later, it was back below $200. The cryptocurrency saw an 84 percent rout between those two years.In 2018.The price of one bitcoin has dropped more than $15,000 since December.Bitcoin skyrocketed to current its all-time high of almost $20,000 in December 2017. The all-time high was not sustained through out the 2018, as bitcoin and altcoins price started dropping from January 2018 to what we are having now.