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Bitcoin => Bitcoin Discussion => Topic started by: majest3 on February 02, 2018, 11:41:15 PM



Title: Bitcoin Price Crash- that's not a crash!!
Post by: majest3 on February 02, 2018, 11:41:15 PM
Sure we have all taken a bit of a hammering in the last few days. But as crashes go it's not really that big compared to previous ones.

Bitcoin has spectacularly 'died' several times

📉 - 94% June-November 2011 from $32 to $2 because of MtGox hack

📉 - 36% June 2012 from $7 to $4 Linod hack

📉 - 79% April 2013 from $266 to $54. MTGox stopped trading

📉 - 87% from $1166 to $170 November 2013 to January 2015

📉 - 49% Feb 2014 MTGox tanks

📉 - 40% September 2017 from $5000 to $2972 China ban

📉 - 55% January 2018 Bitcoin ban FUD. from $19000 to 8500
https://www.google.com.au/amp/s/amp.reddit.com/r/Bitcoin/comments/7uqa54/lesson_history_of_bitcoin_crashes/