I am sorry can you point me to the date on this pretty graph where is that critical blow you are talking about, the one that would take years to recover from? I'm missing something obvious here. I see a price retraction to an All Time High of a month ago.
Or are you in full psychic mode and seeing future now? Can you then also let us know what would the price do while hopelesly trying to recover for several years?
Price of BTC went down 50%... who needs a graph to understand that?
Right now it's hovering around 690. It will be interesting if the price will be ranging between 500 and 700, or if it goes back and forth from 700 to 1000 like it did for the last month or so.
I vote the former.
China was a biiiiig portion of the BTC money pie. I will take at least 6 months for a recovery.
Sorry, this is not going to be as easy as wishing a fast recovery into existence.
