Quote from: jertsy on February 05, 2018, 07:49:56 PM

Quote from: Febo on February 05, 2018, 07:44:40 PM

Quote from: zarados on January 31, 2018, 03:55:32 AM

let me remind you of this, that this is not the first time bitcoin has crashed very significantly and its not the worst of all crash. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:

2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -66%---> From $ 19,783 to $ 6,789

If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?

I edited your data a bit to most recent. It seems we were part of quite a big crash that took so far 6 weeks. Only two was bigger and both were because of some exchanges malfunction. We are definitely writing the history right now. But on other hand this was expected from the unstoppable and unbelievable growth at last 3 months of 2017.

It's still worth more than three times what it was in December. Imagine what the 2011 crash felt like when it ended being worth sixteen times less than the ATH. That was the main historic crash. Compared to that this is a correction.

Slow down. One crash at a time. First we need to break the April 2013 crash to start dreaming of the big 2011 crash. No need to jump crashes ahead.