Bitcoin Price Crashes in History - page 2.

Hippocrypto

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Quote from: hotpassion on July 27, 2021, 04:09:17 AM

Hey all,
Bitcoin price is very volatile and bellow are the historical crashed prices:

In 2012, Bitcoin price crashed to under$30.
In 2015, Bitcoin price crashed to near $300.
In 2018, Bitcoin price crashed to near $3000.
In 2021, Bitcoin price crashed to near $30000.
In 2024, Bitcoin price will crash to near $........... You speculate this number !

Don't care what others say about Bitcoin.
Just buy as much Bitcoin as possible and whenever you can, especially when the price is down/crashed and HOLD as long as you can.
My plan is to sell some of my bitcoins in 2024 and keep most of them till 2030.

~snip~

That projected value already happened, so to give further inputs for 2024 just for predictions I would love to see $60k to $70k this 2024. On that state it wouldn't be too far from reality as everybody had spoken about specific price figures that's always capable to exist in the market history.

JimboToronto

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Quote from: hotpassion on July 27, 2021, 04:09:17 AM

In 2012, Bitcoin price crashed to under$30.
In 2015, Bitcoin price crashed to near $300.

Where did you get these numbers?

In 2012 it never was over $16 and went down under $4.

In 2015 it went down well under $200.

stomachgrowls

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Adding up links for some detailed information about those crashes then these links would be good to read up.
https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp
https://finance.yahoo.com/news/7-biggest-bitcoin-crashes-history-180038282.html

Crash is part of a market neither a manipulative one or totally that the market had really dumped because supporters or demand or taking profit takes place.
but look at on where we now? You can really say that this is something that really worth to invest on.

Upgrade00

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The first recorded price for one Bitcoin was less than $0.01, some sites out it at $0.0008. If we put that figure into context;

• Bitcoin multiplied about 6 million times to get to the current all time high,
• From this current level to $300,000 would be a ×8, which seems pretty small and very probable, considering the price history of bitcoin.
• And from that point to a million dollars per coin is only about ×3.33

LFC_Bitcoin

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We’ve been in a 12+ year bull market, they’re all just corrections on the way to the moon. HODL & ye shall be rewarded Wink

jackg

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Quote from: hotpassion on July 27, 2021, 04:09:17 AM

In 2018, Bitcoin price crashed to near $3000.

We did that in 2017 too... Not sure about the other crashes but we crashed back down to the new major support at least twice after breaking it ~$3000, there's then that to add to any speculation - is this just being consolidated as support?

crwth

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Based on your post, the next one would be $300000? How much is that going to be the all-time-high to reach that kind of low? Lol. Anyway, it's nice to think about it like that. Imagine reaching $1M per BTC in the next three years, and we all be rich AF. I hope we all get to that point in some way.

btc_angela

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Well it's pretty obvious that throughout bitcoin's existence in the last 10 years, we have seen crashes and then recovery and bounce back and reach new all time high.

That's why we have this term called HODL, you just have to be mentally prepared in this crash and then sold off when the price reaches it's peak to make lots of money. It's easier said that done, but those who have the patience to be a holder have been very successful and enjoying a good life from their bitcoin profits.

hotpassion

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Hey all,
Bitcoin price is very volatile and bellow are the historical crashed prices:

In 2012, Bitcoin price crashed to under$30.
In 2015, Bitcoin price crashed to near $300.
In 2018, Bitcoin price crashed to near $3000.
In 2021, Bitcoin price crashed to near $30000.
In 2024, Bitcoin price will crash to near $XXXXXX. You speculate this number !

Don't care what others say about Bitcoin!
Just buy as much Bitcoin as possible and whenever you can, especially when the price is down/crashed and HOLD as long as you can.
My plan is to sell some of my bitcoins in 2024 and keep most of them till 2030.

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Cheers,

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