Thought you might find this article interesting When bitcoin dropped from $32 to $0.01. The bitcoin flash crash of June 2011.
When I first encountered Bitcoin in 2010, it was probably worth about $0.0008. This number was so small, I couldn't even conceptualize the thing's value. Consequently, I thought of it as a joke—without even the stature (or lack thereof) of a penny stock, and as a result, I deemed it not even worth my time. If I had simply purchased 10,000 Bitcoin for just eight bucks, I'd be worth $357,558,000 today!.
just shows you the madness of crypto world. Something that has no purpose, not even really needed, wastes tons of energy turned $80 in 300 million. Madness that have never been witness ever in our history.
I remember when bitcoin was $100, I was too young and too poor to invest. But damn if only I didn't gamble my bitcoin on those stupid dice games. Damn those dice.
If I had married a princess.... If I pulled out in time... If I hadn't driven drunk... So many regrets in my life. But I am rambling again. The takeaway from this thread is that the future of mo..., I mean the store of va..., I mean the collectors item also know as Bitcoin has crashed 6 times more than 80% in 12 years. That is something to keep in mind.