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A comment on Bitcoin drops below $10K after three days of cryptocurrency correction. Parent comment

Re:Bitcoin drops below $10K after three days of cryptocurren... by gr3yh47 on Wednesday January 17, 2018 @09:55AM (#16168319)
early on bitcoin was, for a long time, regularly crashing to ~50% then rising to ~200%

2 - 10 - 5 - 20 - 10 - 40 - 25 - 100 - 50

when it crashed to 50 from 100 in 2013? 2012? i really wanted to buy 10 of them as i had observed the pattern for a long time. wish i had. oh well.

so clearly now it's going to rise to ~40k (kidding)

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Re:Bitcoin drops below $10K after three days of cryptocurren... by brandall10 on Wednesday January 17, 2018 @09:58AM (#16168362)
Maybe I'm remembering it wrong, but I recall a point in time where it first rallied up to about $33 then crashed down to something like $2.
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Re:Bitcoin drops below $10K after three days of cryptocurren... by Beltiras on Wednesday January 17, 2018 @11:20AM (#16169110)
Why wouldn't it? If it is truly being used by financial institutions to transfer wealth then those are big pressures for an upward slope.
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Re:Bitcoin drops below $10K after three days of cryptocurren... by where_do_i_live on Wednesday January 17, 2018 @12:07PM (#16169605)
transfer wealth - what a joke.

You will transfer a hell of a lot less wealth today than last week - what a great method of transferring wealth!

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