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Going from 20k to 5k seems like a crash to me...

• mlindner 8y ago
  So was the crash from 1k to 200...
• shittyadmin 8y ago
  As did $30 to $2 back in the day. And again at $1k to $300. It's sort of standard practice for Bitcoin at this point. Not saying it's a guaranteed recovery, but at the same time it's not exactly an unprecedented event.
• donpdonp 8y ago
  Here is another way to look at the price: June 29 2017 BTC $2,480 June 29 2018 BTC $6,414
  • forthefuture 8y ago
    If a stock dropped 60% you wouldn’t consider “it was very recently 10 times lower” a positive.
• aphextron 8y ago
  A crash implies you came down from somewhere. Bitcoin came from a price of zero. The 20k peak was just price discovery fueled by mindless speculation for a brand new asset. It will keep settling down, but I highly doubt it will ever be worth less than its value a few years ago again.