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The exact sequence of events you are describing happened between 2013-2016 when Bitcoin fell from a hype induced >$1000 to (at its lowest) $200, and didn't rise
by namelost 9y ago
The exact sequence of events you are describing happened between 2013-2016 when Bitcoin fell from a hype induced >$1000 to (at its lowest) $200, and didn't rise above $1000 until this year.
It clearly did not kill Bitcoin, and Bitcoin won't die if the same thing happens again.
- DennisP 9y agoAnd before that, it hit a high of $31 and crashed to $2, and slowly recovered to $13 over the next year. Ethereum crashed from $21 to $7 last year after the DAO theft. A couple months ago it went from $420 to $130.