What was the greatest pink wojak incident in history of biz?

...

was this after china ban?

Funny how many newfags are on this board.

EASILY Chancoin

I have friends who lost 50-100k and sold the bottom

ELIXER is a close second.

>newfags
>mentions chancoin and elixir

wew laddy

You're the newfag obviously.

The greatest incident was obviously the mtgox closure in 2014.
Killed the market for 2 years.

The blood weekend of May 26th-27th. BTC dumped over 40% in 24hrs following a rapid and steep run up in all crypto assets through the May euphoria. Nothing was left untouched as every major ALT lost over 50% of it's value in 24hrs.

The shear panic and speed of the dump so soon after the recent bull-run was epic and people genuinely thought it was end times. There was also a TON of new blood on the scene that had never experienced a panic sell-off or bear market like this, had never traded before and never owned crypto.

There have been other dumps since, but not as sever and not nearly as fast or brutal.

>May 26
Huh. I wasn't around then, why did that happen exactly?

Saiguy came from a rich family and did a mixture of investing 20k and heavily mining when it was pretty much pennies. His eventual stack hit 1.6mil after the huge bullrun last april.

He's probably down to like 400k at this point, but is still up. Originally he said that he was just going to hold forever to see what happens, it's not like he needed the money anyway.

DGB probably takes the cake, it literally went from like 2500 sats to 100 sat, and had a lot of good OC memes. In fact I think pink wojacks were "invented" right around the time of the DGB crash.

There was a lot of hype surrounding Consensus 2016 re. announcements and such. Huge amounts of new money was pouring into crypto following XRP and ETHs pumps, everyone though they were going to rich quick. All the major coins rose parabolicly during the month following (NEW PARADIGM!).
Then BTC hit something stupid like $3000 on Korean exchanges (the west didnt get there) and a selloff began. Fear and panic ripped through in a genuine race to the exit to consolidate profits. All the newbies shit themselves, all the long positions got liquidated which always compounds the problem.

A major one comming up

>chainlink
the pink wojak still isnt over kek

lol Koreans at it again then, gg

Thanks for the summary user

>newfags here don't remember the SIGTmarines

man that was fun, it's like 99% down from ATH nowadays

The nocoiners got BTFO more than anyone.

This.
>Down 98% from ATH

they were already partnered with SIBOS. it was priced in. :^)

anyone remember the conference?

the ETH crash from $400 to $250 was pretty pink

what about confido 95% crash in a few hours?

The NEO crash was a pretty good one

300 to 170*

Reason I remember is cause I shorted it all the way down. Made a nice 14k.

Good times.

Sure do.

nobody gonna say the half-flippening from just 10 days ago?

BTC was getting literally destroyed before our eyes, kek

only thing that saved it was Bithumb admins pulling the plugs on their servers because BTC was going to zero in minutes

confido was pretty good

DGB was just brutal given the huge market cap it had

I remember him, wasnt he the guy who was sewing those LINK plushies? His car broke down and he lost his job in KFC. He was german as well.

Nope, that was the first major crash from 3k to below 2k back in May I think.

No because that was literally nothing, summer this year was the worst pink wojack time of them all. There was even a time when ETH dipped from 300 to under a dollar for a short moment and the entire board was saying that BTC would not increase in value for the rest of the year. Also it was right after the death of DGB and other popular alts

Yeah it was great

Literally 40% swings every 30 seconds, then from like +80% profit to -30% loss in an hour.

I wonder how many of those BCH shills are holding huge 2K BCH bags right now crying into their sleep

The guys who bought futures in btc2x

Anyone know if they got the shit refunded or it was a 100% loss?

Back when there were no cashies. Now we get pink wojaks when bitcoin goes UP from nocoiners and cashies.

>take a risk for 5-7x
>lose
>get refunded
just no

what happened?

Other than mtgox I’m thinking that this whole deal with tether and bitfinex is going to be the next big one. Will be interesting to see if things go differently this time around.

11/24/2017

people panic sold BTC when reach 5400 USD and then FOMO into BCH when it was at 2500 USD

The flash crash of ethereum comes to mind

>24th month

The big JUSTening of summer 2017. That's when this meme was born

SIGT was a big fat mess, but at least the "SIGT 2.0" devs are offering a 1/4 swap free of charge for their new shitcoin.

t. a SIGTmarine who made 1.3 BTC worth and went back to a profit of only .4