3 ms·

Bitcoin has been through worse than this at least twice.

• kragen 14y ago
  Last time it crashed 50% (which I think has only happened once, in 2011) it took more than a few hours.
  • muyuu 14y ago
    Which made it a lot worse. It looked pretty much like the end of the system to a lot of people. Whoever bought at 250 and was looking all day at the graph to see how to scalp some dough, got exactly what he deserved. Sometimes you win, sometimes you lose.
    • kragen 14y ago
      Worse or better, this is certainly different! Also, it seems to be down below 70 now, so another 50% drop since yesterday, depending on what time you're talking about.
      • muyuu 14y ago
        If it stays < $20 two weeks from now, it will be in the same league as the first huge fiasco.