Historic BITCOIN recovery. will it be 5000% next?

[talkbitcoin]

what everyone keeps talking about these days (which is during crash) is how big crashes used to be and how big it will get now,...
example: Historic BITCOIN crash

but something is neglected in my opinion and that is the recovery that always comes after these "crashes". so lets assume this is a crash and i don't care how low it may or may not go. lets talk about the recovery, whenever that might be:

here are some examples based on bitstamp prices:
2012 recovery, August: $2.25 to $16.41 => 629%
2013 recovery, April: $7.1 to $259.34 => 3552%
2013 recovery, December, also a fake pump: $45 to $1163 => 2484%
2016 recovery, June: from $152.4 to 778.85 => 411%
2017 recovery, December: from $465.28 to $19666 => 4126%

where will it go to in the future after the recovery? 5000%? to $400,000?

[LFC_Bitcoin]

I don’t know but as a HODLER it’s pretty upsetting seeing the price crash so much. I know it always recovers but it’s worrying seeing this at the moment

[talkbitcoin]

I don’t know but as a HODLER it’s pretty upsetting seeing the price crash so much. I know it always recovers but it’s worrying seeing this at the moment

yeah, obviously it is never good to see prices going down. but as someone who is not just a holder but an investor, i don't care about the short term fluctuations because i constantly am buying bitcoin whenever i can. if price is lower i buy more and if it is higher i buy less. the amount of money i invest monthly is somewhat fixed.

[Palmerson]

I don’t know but as a HODLER it’s pretty upsetting seeing the price crash so much. I know it always recovers but it’s worrying seeing this at the moment

If you are a holder with experience you should be glad that is happening. Each time after the price drop occurs when the pump and the price of bitcoin skyrockets. Have patience and you will be rewarded.

[A1exander]

I don’t know but as a HODLER it’s pretty upsetting seeing the price crash so much. I know it always recovers but it’s worrying seeing this at the moment

It is. I also have a few coins and I'm not going to sell them now, because I'm still optimistic in long term. The recovery, however, may easily take a year...

[Lucius]

what everyone keeps talking about these days (which is during crash) is how big crashes used to be and how big it will get now,...
example: Historic BITCOIN crash

but something is neglected in my opinion and that is the recovery that always comes after these "crashes". so lets assume this is a crash and i don't care how low it may or may not go. lets talk about the recovery, whenever that might be:

here are some examples based on bitstamp prices:
2012 recovery, August: $2.25 to $16.41 => 629%
2013 recovery, April: $7.1 to $259.34 => 3552%
2013 recovery, December, also a fake pump: $45 to $1163 => 2484%
2016 recovery, June: from $152.4 to 778.85 => 411%
2017 recovery, December: from $465.28 to $19666 => 4126%

where will it go to in the future after the recovery? 5000%? to $400,000?

It is evident that there is a pattern through the years,but I'm not sure that will be repeated again in such percentages.When you say maybe 5000% in price increase it is 50x on current price,and 500k$ is perhaps something John McAfee expected in the short term.

I think it's crucial question when when the price will stabilize and when people will start to believe more in BTC again then in some other coins.In a long term I belive BTC can reach six-digit numbers,but maybe in slow growth of 50% or maybe 100% per year.Maybe I am wrong and we can see again some crazy growth of 1000% or something like that this year,but after that the correction would probably be drastic.

[TERA2]

I cant wait to see that guy eat his testicles on live TV or whatever.

[dothebeats]

All I know is that we can't just rely on historical data and draw a line with it for the future prices of bitcoin, but it does help in finding out what could be the path of the prices in the same time frame at least. Also, the current bearish mood of the market still is stronger than any bullish sentiment existing at these current times, so I expect that these prices would still drop until no one knows when. Stagnant news also helps on bringing the price down, and until no good news can be hyped, the price would surely remain the same, or even go down further.

[haroldtee]

I cant wait to see that guy eat his testicles on live TV or whatever.

He will definitely have something to say to cover it up or follow the footsteps of Jamie.

OP, nice one! At least you have given some panic freaks the chance to have something to hold on to. As interesting as 5000% may sound, I doubt if this is something we can ever see. Anything is possible, do not get me wrong, but at this stage, I want to believe things are different and I really hope I am wrong, as who does not want 5000% anyway? Also, who cares? 5000% or not, at least, knowing that history always have a way of repeating itself in the market, is enough to make us anticipate a mouth watering recovery.

[leea-1334]

what everyone keeps talking about these days (which is during crash) is how big crashes used to be and how big it will get now,...
example: Historic BITCOIN crash

but something is neglected in my opinion and that is the recovery that always comes after these "crashes". so lets assume this is a crash and i don't care how low it may or may not go. lets talk about the recovery, whenever that might be:

here are some examples based on bitstamp prices:
2012 recovery, August: $2.25 to $16.41 => 629%
2013 recovery, April: $7.1 to $259.34 => 3552%
2013 recovery, December, also a fake pump: $45 to $1163 => 2484%
2016 recovery, June: from $152.4 to 778.85 => 411%
2017 recovery, December: from $465.28 to $19666 => 4126%

where will it go to in the future after the recovery? 5000%? to $400,000?

Good point to be raised. But important to note that not all the definitions of "crash" are accurate. What looks like a crash to some people is to me just a normal declining trend as I feel we have been in a start of a long term correction. But either way, my assessment, and yours,,, they share the same conclusions that the recovery will not only be strong, it will push above expected amounts, before again pulling back. Why? Because when the recovery happens, people FOMO once more and then the pressure self fulfils.

[mol76]

December 2017: $465??? wtf... Where do you get those values?

[Wilhelm]

Let's assume we go down to $6000 and recover using your historic values

$6k and 400% = $24k
$6k and 4200% = $252k

Anywhere between $24k and $252k is good for me  

Could you plot the average recovery time

[phabit2]

December 2017: $465??? wtf... Where do you get those values?

Wish I'd been on that exchange last December...

[el kaka22]

I don’t know but as a HODLER it’s pretty upsetting seeing the price crash so much. I know it always recovers but it’s worrying seeing this at the moment

Yes, who does not like seeing the price skyrocketing every now and then, but it is a market, whatever goes up must surely come down, which is why we have a trend for correction and normally, it is good for health. One good thing I am seeing here anyway is the fact that bitcoin has really changed from what we used to know back then to something even easy to trade.

Some of the previous years, I saw them as pumps, 2017 was more like a FOMO rush, unless the news about the USDT is true though. If the recovery has been awesome, then I believe we need to be having some good crashes like this (just on assumption it is a crash like the OP said).

[magneto]

what everyone keeps talking about these days (which is during crash) is how big crashes used to be and how big it will get now,...
example: Historic BITCOIN crash

but something is neglected in my opinion and that is the recovery that always comes after these "crashes". so lets assume this is a crash and i don't care how low it may or may not go. lets talk about the recovery, whenever that might be:

here are some examples based on bitstamp prices:
2012 recovery, August: $2.25 to $16.41 => 629%
2013 recovery, April: $7.1 to $259.34 => 3552%
2013 recovery, December, also a fake pump: $45 to $1163 => 2484%
2016 recovery, June: from $152.4 to 778.85 => 411%
2017 recovery, December: from $465.28 to $19666 => 4126%

where will it go to in the future after the recovery? 5000%? to $400,000?

It's mostly true. The fact is that over the long run there will be corrections and bear markets that will bring the price per bitcoin down. Bitcoin is traded on the open market so these things are really expected, and is what is happening at the moment.

Right now, people are too concerned about the bitcoin price tanking and not focusing on the big picture.

I think that for me, bitcoin's got a long way to go. If the price crashes, it's going to be temporary and obviously isn't going to last forever. It's a matter of time before bitcoin's bull season comes again. Plus, this current recession we are experiencing of the entire crypto economy may just be temporary. Nobody knows for sure that the bull season is indeed over.

[talkbitcoin]

December 2017: $465??? wtf... Where do you get those values?

this is the recovery thread not the crash thread. the $465 is the bottom of the crash which recovered in December 2017. so the date is also representing the month in which the recovery took place.

[SCAR_8]

Very interesting. I'm anxious to see what kind of a recovery it does make this time. Hopefully we can all report back to this thread in a few weeks/month and be mind blown at the rebound it made 

[gabmen]

what everyone keeps talking about these days (which is during crash) is how big crashes used to be and how big it will get now,...
example: Historic BITCOIN crash

but something is neglected in my opinion and that is the recovery that always comes after these "crashes". so lets assume this is a crash and i don't care how low it may or may not go. lets talk about the recovery, whenever that might be:

here are some examples based on bitstamp prices:
2012 recovery, August: $2.25 to $16.41 => 629%
2013 recovery, April: $7.1 to $259.34 => 3552%
2013 recovery, December, also a fake pump: $45 to $1163 => 2484%
2016 recovery, June: from $152.4 to 778.85 => 411%
2017 recovery, December: from $465.28 to $19666 => 4126%

where will it go to in the future after the recovery? 5000%? to $400,000?

Well this paints a brighter picture to make some of our anxious brothers calm down a bit. Reason why we're hodling is because we believe that a recovery is imminent and that makes a whole lot of difference from being some panicky weak hand. A drop this severe surely will have an equal bounce back

[arpon11]

OK, I think we should hope what is going to happen should be what will encourage us about what has happened and getting to $400,000 should be what we should pray for. Bitcoin as at this time last year was dump to the level that we were thinking that Bitcoin may not recover back to $1,186 but we have seeing the kind of movement Bitcoin has in 2017. Bitcoin has fall below  $10,000 and I expect arising from next month that may push Bitcoin above were we are today and the last December high.

[trickyriky]

I cant wait to see that guy eat his testicles on live TV or whatever.

LOL. What an answer! However, in a way the guy is correct. The great jump of Bitcoin always happened after its dramatic fall.