Title: So where are we? Historical crashes Post by: ndnh on December 19, 2014, 02:04:12 PM Source: http://www.forbes.com/sites/timothylee/2013/04/11/an-illustrated-history-of-bitcoin-crashes/
June 8-12, 2011 Peak price: $32 Price decline: 68 percent http://blogs-images.forbes.com/timothylee/files/2014/02/2011-064.png January 17, 2012 Peak price: $7.20 Price decline: 36 percent http://blogs-images.forbes.com/timothylee/files/2014/02/2012-01.png August 17-19, 2012 Peak price: $15.25 Price decline: 51 percent http://blogs-images.forbes.com/timothylee/files/2014/02/2012-08.png March 6 and 11, 2013 Peak price: $49 Price decline: 33 percent http://blogs-images.forbes.com/timothylee/files/2014/02/2013-031.png April 10, 2013 Peak price: $266 Price decline: 61 percent http://blogs-images.forbes.com/timothylee/files/2014/02/2013-04.png My analysis: Peak price: $395 Price decline: (month) On base: 22.8% On current: 29.5% First part: 2 year data Second part: 6 month estimate. (mine ;D ) http://i57.tinypic.com/2natdvd.png Title: Re: So where are we? Historical crashes Post by: carlosiness on December 19, 2014, 02:08:24 PM in my opinion, these charts shows normal/natural economisc ups and downs, may be too hurry for normal economics phenomenon, but the price is always going up..
Title: Re: So where are we? Historical crashes Post by: unent on December 19, 2014, 02:17:33 PM It would help if you put a scale with some numbers on your chart. It's not easy to read them without a scale.
Title: Re: So where are we? Historical crashes Post by: ndnh on December 19, 2014, 02:23:46 PM It would help if you put a scale with some numbers on your chart. It's not easy to read them without a scale. Sure, I thought so, for the original part of the chart, the peak is $1000. The other one is an estimate. If I put numbers on that, it will be inaccurate. It is a relative trend. Title: Re: So where are we? Historical crashes Post by: izanagi narukami on December 19, 2014, 02:32:43 PM It would help if you put a scale with some numbers on your chart. It's not easy to read them without a scale. Sure, I thought so, for the original part of the chart, the peak is $1000. The other one is an estimate. If I put numbers on that, it will be inaccurate. It is a relative trend. man...the trend is lowering now. Shall I keep it ? anyway..why last Nov 2013, bitcoin price ever reach $ 1000 ? |