Hello everyone, my old friend Bai Ge is here to meet you again. Today, let’s review the most famous black swan events in the cryptocurrency circle. Why do I talk about this today? Because my sixth sense tells you that a black swan event is coming.
The cryptocurrency market has experienced ups and downs. How many people came in with hope but left sadly? How many people fell before the dawn, and could have achieved financial freedom, but resolutely left the market for various reasons. What has the B circle experienced over the years? Today we will review the most famous black swan events in the cryptocurrency market.
The first incident was the Mentougou incident. In February 2014, hackers stole 740,000 bitcoins. Bitcoin plummeted by 80% at the time. At that time, the value of bitcoin was 450 million US dollars, accounting for 7% of the circulation. People's trust in the big bitcoin exchange decreased, and the concept of blockchain propaganda and centralization was questioned.
The next thing was September 4, 2017. You all know that after a period of rapid decline, the cryptocurrency community was in a panic, fearing that they would sell too slowly and lose everything. Various tokens directly broke the issue price, with the highest decline of more than 90%. The cryptocurrency community issued more than 80% of assets overnight, which was a dark moment. Then came the 312 incident. I guess many people have experienced 312. Anyone who has experienced it and is still in the circle has basically made money. Without further ado, there was another 313 after 312, which was a freezing cold night. That night, the price fell 43% and then rebounded, then fell another 45%. You can imagine how desperate the people in the cryptocurrency circle were at that time.
According to the data, on the night of March 12, there were 3 billion US dollars in liquidation in the cryptocurrency circle, 400,000 people were liquidated, the largest liquidation volume was as high as 13 million US dollars, and the average liquidation volume per order was 50,000 US dollars. Next is the black swan event of Luna. The main reason has been sorted out for everyone. The main reason is that the project party gave too much. What did they give? The annualized rate is 20%. In the bear market, it is such a good thing. Everyone thinks that there is such a good thing in this bear market. There is also a 20% guarantee. This is a wallet sent by God. So many people have a private deposit body of this u it. Then everyone uses this u it. How can we buy this U? Everyone has cast all their attention on the casting of this Luna, which has caused the price of this Luna to soar all the way. At the highest time, it was nearly 120 one. The algorithm of the stable currency is behind it. That is, the hair removal of ustc fell into a death spiral, and the currency price eventually returned to zero.
Then the next is the arrival of FTX. The reason why I am telling you this today is because I feel that the black swan event in the B circle is coming. The B circle has been stable for too long, and there must be an event to shock the currency circle. The black swan events in the B circle occur every year, and this year is no exception. There will be a minefield for you before the Bitcoin halving, which is when we enter the warehouse, so don’t be scared by the mine. When the mine happens, that is, when I haven’t entered the market, others are greedy and I am fearful, others are fearful and I am greedy. I am Brother Bai, follow me to use the simplest operation to maximize profits.
