First sell off

Awareness phase was from April 2013-Jan 2017

First sell off was December 2013, you fucks are delusional

Calculated how? Market cap of coins is impossible to measure with fiat.
Same with fiat.

Who was aware about bitcoin in those years?
Most people never heard about it before December.

Show me a coin that can truely scale without shitting the bed. Only then can we move forward. All these autist devs and it can't be done!?

first sell off was summer 2017
now we're at capitulation

2013 was the stealth phase, if you think we're into mass adoption you're a dumbass

This.

It was extremely unheard of.
At most some may have heard of it once or twice, nothing tied to getting rich or anything of the such. Just a digital shitcoin in the age where that wasn’t a thing

>Most people never heard about it before December.
This is how I know you're new. Bitcoin has been in public perception since 2013/2014

youtube.com/watch?v=8ovL20iGEac

It was mentioned in the fucking SIMPSONS in 2013.

How many people do you know owned them in 2013/2014?
Oh yeah that’s right...

Myself and several of my CS grad friends.

Oh so only autists, neets, and geeks?

>"i wish i invested in google"
Google was already super-successful at the time of their IPO. It wasn't some little-known company you could invest in.

Yes, and we all acquired them before the April 2013 boom. You're only proving my point that it was the "awareness" phase where nobody owned them but people knew about them.

Zoom out and you HAVE to admit, it makes more sense to interpret the chart as Capitulation. Cant wait for Despair, so I can buy in some more.

yes, and internet was in its infancy and almost no one see it coming for google, only high risk takers

judging from OPs statement I'd say we're at denial. I dont see much fear yet...when people genuinely stop posting pink wojaks and ask for help and advice for jobs...that's when we've reached the bttom

>market cap doesn't exist

anit saying no but how would you explain the media attention we got once btc broke 10k?

we be at capitulation m8

>internet was in its infancy in 2004

yes internet how we know it and use it today was in its infancy in 2004

This.

I'd suggest that anyone goes and looks up the amount of users on all of the major fiat-to-crypto gateways.

The amount of people in the world who have even came close to actually buying crypto is WAY less than 1%.

We've only recently passed the stage where there's at least 1 Bitcoin available for every holder of cryptocurrency of any kind. There's a good chance we aren't even there yet.

You are retarded. Dotcom boom was already 4 years popped.

I hate underaged fags on this board so much.

The Internet was not in its infancy in 2004. Do you not remember the dot-com boom in the late 90s? The Internet was in its infancy in the 80s (arguably even earlier, if you count ARPANET). The invention of the Web in the early 90s is what made it explode in popularity among the public.

unironically this

tfw i'm balls deep in OMG.. gonna be rich

I did. We aren't all newfriends user.

Hopefully some idiots wake up. Just like /pol/, there is some organized shilling effort on here. The discord channels are likely compromised by people with MSM/big money interests. Learn to fucking distinguish a shill post guys. The big boys wanted in and they weren't paying ATH.

>hurrdurr I know about arpanet

negro I used to visit blackhat sites back in 90s

Internet as a means to make income ie being a market ie as we use it today - for advertisement, social media etc was definately in its infancy in 2004. Dotcom was the first selloff if one can talk about that in that way since it was only a craze of people investing in shitco--ehm--shitsites that didnt do shit.

Hell SEO wasnt even a thing until at least 2007

Yes we are in the awareness phase, normies now know about bitcoin but they still haven't bought in.

Also one of the main coins actually being used as a currency. Also an incredibly cheap way to move money between exchanges, especially before GAS turned up.

media attention simply brought awareness. Yes a lot of people bought into it, but that is beside the actual timeline of crypto as a whole. Mania is when it's quite literally ((too late)) to "invest in the next google", which we're nowhere near. Once we start reaching the 6T mark is when you should be panicking.
This retraction is simply the nature of trading. It will meddle lower than ATH for a while but by summer you'll be like "oh fuck remember january?" as BTC starts pushing 20k+ again.

Crypto is the next bastion of technology investment opportunities.

>The Internet was used in a different way 15 years ago
>That means that it was in its infancy
Hybrids barely existed 20 years ago. Does that mean that cars were in their infancy in 1998?

is GAS the cheapest option now? mostly used DOGE or LTC, didn't bother researching other coins for transferring between exchanges

everyone who bought bitcoin before 2013 is already rich and gone if not they are retarded

I Agree, you should totally go all-in on bitcoin!

>This is how I know you're new

Funny because I was mining bitcoin first month it was published. I lost the wallet though...

Where did they teach you to address discussion points by using strawmans?
Is this burger education everyone?
You fatasses gotta be right for the sake of being right so you can spike that little dopamine that you have not drained yet with all that mac and cheese

...

dont waste your time talking to burgers, they're a joke

>Funny because I was mining bitcoin first month it was published
Sure you were.

Not necessarily. People who bought $1000 worth at $1 would have probably sold off at $100, it's all relative.

...

...

mfw same dumb ass meme graph unironically gets posted by newfags every fucking month

you'd be a complete retard if you didn't

i see what you did there

you mean every day

>2000% gain
>not mania
What do you think mania will be? 100k?
Buy the dispair man, Im thinking 4-6k.

some people knew about them. You're way out of touch if you think your cs friends or the average biz tard are anything like regular people. Only a small percentage of normies have gone into crypto, the majority still see it as a scam/ can't understand what the fuck it is.

Unironicly I did, I used radeon with passive cooling you could turn 90 degree.
I didn't care about it so I lost the wallet.

Zilliqa. #newETH

We just finished the despair phase , we made it

kek

>your parents bought a computer in 2004
>you personally started highschool around 2004
You have to separate your own timeline and personal experiences when you are trying to analyze something as big as 'the internet'. The internet was in perhaps its their generation by 2004.

Just think, some snapchatting retard in 2032 will look back at 2018 and say the internet was in its infancy. Mind blown.

why would you buy some more if this wasnt the first sell off? if the bubble were to really pop there wouldnt be any gains left to get

You are a moron, the huge 2013 crash was not a sell off it was a black swan. Maybe 1% of qualified investors are invested into crypto currencies and BTC. The market is still very small.

>Hybrids barely existed 20 years ago. Does that mean that cars were in their infancy in 1998?
No faggot but hybrids where and still are the birth of a new type of car (all electric). They set the trend and as you can see we are slowly moving there. It's going to take a long time but we will eventually get there.

here

brainlet

Ok, put it a different way - if it was in its infancy in 2004, what stage was it in 1995 when Elon Musk was setting up zip2 and media company execs were laughing at the idea of a directory of businesses being on the internet?

>Internet as a means to make income ie being a market ie as we use it today - for advertisement, social media etc was definately in its infancy in 2004.

>the huge 2013 crash was not a sell off it was a black swan

GAS is literally free

No, first you said

yes internet how we know it and use it today was in its infancy in 2004

and then you redefined it to suit your argument, while still acting like you weren't wrong

>yes internet how we know it and use it today was in its infancy in 2004
>how we know it and use it today
>as a means to make income ie being a market ie as we use it today

what is your problem brainlet?

100% true, it was just awareness when pretty much everyone at my work was talking about it and there was one article every second about it and ads on facebook and normies twitting about how they bought TRX

Can't wait for the mania phase when Ibrahim the desert herder will buy my bags

I just hope we all fucking make it.

Yeah, no. My friend already made 10k on a fucking Pokemon webpage with a single banner by then.

>SEO wasnt even a thing until at least 2007
I spammed Altavista with porn affiliate links in 2001 retard.

Electric cars existed 150 years ago u dingus.

>nobody was able to make money since because it was already by mania phase in 2004

In all honestly, without trying to meme, we are either here or here right now.

What's a decent amount of money?

This

how long have you been in BTC? Ever heard of MtGox?

Hm.. guess when you're up 100000% you don't feel that much despair, it can only go down to being up 500000%. But I suppose the people buying at 19k got kind of sweaty

$10k

i think bull trap was when bitcoin went down to 9,2k or something like that and went back up to the "normal" 12-13k and then all the FUD spread fear, most people sold and then the sell off to 7,7k was capitutalion, so i think we gonna hit despair at 5k and then at 7k or 8k we are at return to mean
but i dont know no one knows, so stop with that stupid astrology

prices are propped up ... once bitfinex along with tether is a "goner" we'll see a coin-holocaust reaching DESPAIR

... right now its a stinking heap of shit that caught attention for good "oh it might not be fud" - well no shit crypto shills ... it ain't all roses and sunshine

Hmmmmmm

We are in the fear phase

The bottom will be 1000$ btc

We're slightly above fear, more like "pre-fear". People are still deluded and thinking that things are "getting back to normal".

listen here son it ain't 1:1 the same and it must be 1:1 the same else it ain't 1:1 the same

its not as if things haven sped up or anything mhmh ...

BEAR TRAP BEAR TRAP
BUY BUY BUY NOW

>
LINK + RLC?

Oh, my sweet summer child...

What a fucking retard, holy shit.

Are you 12?