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Topic: Historic BITCOIN crash - page 6. (Read 1083 times)

sr. member
Activity: 854
Merit: 257
January 31, 2018, 01:22:56 AM
#11
If this is not the worst crash, maybe the worst crash will come or maybe the crashed will end at -48% and I hope this will end in early february this year. Thank you for your information and this will help others for the future investor that this is not the baddest crash that we've encounter.
full member
Activity: 602
Merit: 111
January 31, 2018, 01:13:13 AM
#10
let me remind you of this, that this is not the first time bitcoin has crashed very significantly and is not the worst of it all. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:

2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496

If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
As you said the price of bitcoin is always in the down trend at the beginning of every year.So it is the golden opportunity for bitcoin buyers to make more lrofits buy more coins as you can and wait for the bump which will happen at the back end of this year.
sr. member
Activity: 742
Merit: 252
January 31, 2018, 01:08:45 AM
#9
I would have wanted to see all that market cap to go into alts, but seems to be going into fiat.

Heads up https://thenewresearchgroup.com/market-updates-rumors/2018/1/30/dont-be-stupid-be-like-the-winklevoss-twins-nx7dk
newbie
Activity: 40
Merit: 0
January 31, 2018, 01:08:06 AM
#8
let me remind you of this, that this is not the first time bitcoin has crashed very significantly and is not the worst of it all. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:

2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496

If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?

Thanks for the historical perspective. Too many people get caught up in the nominal dollar amount of the recent correction without realizing it's really quite small on a percentage basis.
newbie
Activity: 224
Merit: 0
January 31, 2018, 01:06:05 AM
#7
It isnt crash. It is correction.
If it is crash, it will not go back to a higher value.
full member
Activity: 217
Merit: 100
January 31, 2018, 12:10:38 AM
#6
My basic rule for bitcoin dump is! no matter what happened to the prices, just hold tight to my bitcoins and never even think of selling them. And they always gives me nice price boost after every dump. Grin
full member
Activity: 232
Merit: 105
January 31, 2018, 12:02:04 AM
#5
I think that it will continue for a while then rebound around March. Not as significantly as it was, but still settle a bit and slowly rise. The more people that get involved the stronger it will ultimately become. The only thing then to do is to help stop fud and misinformation.
member
Activity: 238
Merit: 10
January 31, 2018, 12:01:31 AM
#4
Speaking out over the " graphic " you showing us, there is still a way of earning for these who look on it, by buying today.
legendary
Activity: 1288
Merit: 1227
Away on an extended break
January 30, 2018, 11:59:59 PM
#3
Smiley It's all a part of the price discovery cycle, as the price still seems to be pretty much based off news/speculation still. We're still ending way higher then where we started every time we crashed.
jr. member
Activity: 48
Merit: 10
January 30, 2018, 11:59:07 PM
#2
seems all the time in the beginning of the new year it is happening
so without dump this there won't be a pump
so hold on, we are gonna make it.
full member
Activity: 364
Merit: 130
January 30, 2018, 11:55:32 PM
#1
let me remind you of this, that this is not the first time bitcoin has crashed very significantly and its not the worst of all crash. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:

2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496

If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
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