So where are we? Historical crashes

[ndnh]

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


January 17, 2012
Peak price: $7.20
Price decline: 36 percent



August 17-19, 2012
Peak price: $15.25
Price decline: 51 percent



March 6 and 11, 2013
Peak price: $49
Price decline: 33 percent



April 10, 2013
Peak price: $266
Price decline: 61 percent



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  )

[carlosiness]

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..

[unent]

It would help if you put a scale with some numbers on your chart. It's not easy to read them without a scale.

[ndnh]

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.

[izanagi narukami]

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 ?