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Biggest Bitcoin Crashes in History

The following is a timeline of the worst percentages of Bitcoin-Crash.  Where bitcoin fell by more than 50% and become a nightmare for traders.      

June 2011: -98%

 Bitcoin hit the big time in 2011 when it climbed from $2 to more than $32. The bottom then dropped out. Mt. Gox, the world's largest bitcoin exchange, acknowledged on June 19 that thieves had hacked hundreds of accounts and stolen Bitcoin worth millions of dollars. Bitcoin's value plummeted to one penny ($0.1) in a single day.

August 2012: -55%

The public learned in August 2012 that a traditional Ponziscam modified for the digital era has been defrauding crypto investors for months. Later on, the perpetrator was accused, fined, and imprisoned for defrauding 700,000 Bitcoins by promising amazing returns of 7% monthly interest.

April 2013: -85%

Investors piled on to the exciting new possibility that was buzzing on the mainstream media in April 2013, and Bitcoin became a victim of its own success. The volume of trading was so high that Mt. Gox couldn't handle it, and when it crashed, hackers exploited the flaw. Mt. Gox was forced into an unprecedented total shutdown, with prices plummeting from roughly $260 to $50.


 

March 2014: -77%

Bitcoin's price began to correct after rising in the previous year. Again, difficulties at Mt. Gox exacerbated the situation. Mt. Gox froze all withdrawals on February 10, 2014, before filing for bankruptcy on February 28, 2014, claiming that they had lost 850,000 Bitcoin valued at $450 million at that time.

December 2017:-80%

Bitcoin had a historic year in 2017, breaking all records and peaking at $20,000. Then, on Dec. 27, it all came crumbling down as speculators cashed in on a clearly inflated market, sending the price down below $12,000. Major cyber-attacks in Korea and Japan, as well as reports that both nations were about to prohibit bitcoin, led already jittery investors to flee the market in 2018.


 

March 2020: -50%

Without mentioning the outbreak of the pandemic, no history of Bitcoin crashes would not be completed. To be fair, COVID lockdowns put a stop to pretty much everything; stock markets plummeted as investors hoarded cash and liquid assets. Bitcoin was also given up. The price dropped 37 percent in a single day, from $7,911 to $4,970, and altogether reached $3,753.


 

May 2021: -55%

Bitcoin was the focus of the investment realm in April when it soared beyond $64,000 for a single coin. Then, in a few weeks, $1 trillion in value was erased from the worldwide crypto market. Elon Musk first broke his commitment to accept Bitcoin as payment for Tesla vehicles. Then China declared another crackdown on cryptocurrency.

“This objectified research is Just to appraise what we have seen in the Crypto market.”


 

Past history does not guarantee future results but also remember History rhymes if not repeated.

And still, we are 581000%up to date.

Be calm and remember fortune always favors the brave.


 

What is GEEK

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Biggest Bitcoin Crashes in History
David mr

David mr

1623448800

URGENT: TRADING THE BITCOIN CRASH WITH 6 EXPERTS!

BITCOIN AND ALTCOINS ARE CRASHING! We have 6 experts joining our panel to tell us EXACTLY how they are trading this dump, step by step! We need to ACT NOW!
📺 The video in this post was made by Crypto Banter
The origin of the article: https://www.youtube.com/watch?v=AxRplxMSAcY
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
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AGNES JINA

AGNES JINA

1624473240

HOW TO HANDLE THE BITCOIN/ CRYPTO CRASH

HOW TO HANDLE THE BITCOIN/ CRYPTO CRASH

📺 The video in this post was made by verythingAltcoin
️ The origin of the article: https://www.youtube.com/watch?v=O32U-szAPlI

🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
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#bitcoin #crypto crash #bitcoin/ crypto crash #bitcoin #blockchain

Mery tris

Mery tris

1624133100

BIGGEST BITCOIN BUY SIGNAL IN HISTORY!!!!! 🚨 (Analysts Are Flipping BULLISH)

📺 The video in this post was made by K Crypto
The origin of the article: https://www.youtube.com/watch?v=b8X75QtLEiw
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
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Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

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Koire phili

Koire phili

1624226400

BITCOIN & CARDANO BIGGEST DIP OF 2021! (Watch This BTC & ADA Chart). DO NOT MISS!!!

Intro 00:00
Bitcoin today and this week (all that matters for BTC) 00:40
Bitcoin momentum getting concerning 1:20
Crypto accumulation is happening 2:50
Look at this Ethereum dip from 2017! 4:30
Accumulating ADA long term 4:50
Cardano weekly chart could close bullish 6:00
Cardano daily to watch today 7:45
People buying Cardano 9:30
This is why we wait for crypto crashing! 9:50
Stake your Cardano with Crypto Capital Venture! 10:30

Bitcoin and Cardano put in the biggest dip of 2021 so far and many people are either paning selling or buying BTC and ADA and other altcoins. We can continue to monitor crypto markets to find structure and support so that we can better answer the question of whether or not we are falling into a bear market. As many people do think the bull market is over, data does not suggest just yet that is the case. Be careful out there!
📺 The video in this post was made by Crypto Capital Venture
The origin of the article: https://www.youtube.com/watch?v=OFZpBb7O9aM
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

#bitcoin #blockchain #bitcoin & cardano #btc & ada chart #bitcoin & cardano biggest dip of 2021! (watch this btc & ada chart) #bitcoin & cardano biggest dip

Huge Bitcoin Bounce Imminent? (Catastrophic Crash 2021)

Around the Blockchain is your favorite Cryptocurrency show discussing Bitcoin, Ethereum, Cardano, and the top altcoins. Today, our four crypto experts include BitBoy Crypto, Justin Williams, Hashoshi, and CryptoJebb. Tune in for their insightful crypto analysis!

Today we’ll be discussing the Colonial pipeline hackers getting paid in crypto. We’ll talk about Bitcoin’s price dumping and a possible light at the end of the tunnel. Is this the bottom or the beginning of a Bitcoin bear market? We’ll also analyze some BIG Bitcoin buys and see what it means for the future of BTC.

📺 The video in this post was made by BitBoy Crypto
The origin of the article: https://www.youtube.com/watch?v=SSK0oMhKRUM
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

#bitcoin #blockchain #huge bitcoin bounce imminent? #huge bitcoin bounce imminent? (catastrophic crash 2021) #crash