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So where are we? Historical crashes
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Topic: So where are we? Historical crashes (Read 802 times)
ndnh
(OP)
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New Decentralized Nuclear Hobbit
So where are we? Historical crashes
December 19, 2014, 02:04:12 PM
#1
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
Hero Member
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Activity: 672
Merit: 500
Re: So where are we? Historical crashes
December 19, 2014, 02:08:24 PM
#2
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..
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OUTBOX HERE FOR DOWNLOAD
unent
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Merit: 250
Re: So where are we? Historical crashes
December 19, 2014, 02:17:33 PM
#3
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
(OP)
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Re: So where are we? Historical crashes
December 19, 2014, 02:23:46 PM
#4
Quote from: 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.
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
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Activity: 2030
Merit: 1028
Re: So where are we? Historical crashes
December 19, 2014, 02:32:43 PM
#5
Quote from: ndnhc on December 19, 2014, 02:23:46 PM
Quote from: 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.
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 ?
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