and i said I can't remember any coin That has been able to recover 99.5% loss. pls name us a coin that has been able to recover that
Litecoin fell for about 98% in 2015. Maybe btx can recover $ price in future, but there won't be any new ATH in btc pair for sure.
children of gaia is correct. see here :
https://cryptocurrencytracker.info/en/crypto-currencies/litecoin-ltc-live-trades-prices-and-market-capthere I see the following :
- $41 on dec 1st 2013
- $2 on jan 9th 2015 (at that point the drop reaches 99.5 percent)
- $1.36 on apr 30th 2015 (at that point the drop reaches 99.7 percent)
- $45.8 on june 18th 2017 (at that point the coin had recovered a 99.7 percent drop)
it took a while, but it happened. There may be others. this might the topic of an interesting computer utility - user enters a percentage and then the utility scans historical coin data to find all coins that, between some date interval, dropped by that percentage, and then between some other later date interval, made that percentage back.
it could do other statistics as well. for example, given a percent drop of X, what is the probability that it can regain it, given historical information gleaned from all other coin histories?