Look at the drops in Jan, June, Sept. and the current one right now (end of Dec.).
The percentage drop in each case is almost the same (25-32%). Yes, even the current drop is within this range.
And, it bounced back over $1200 yesterday afternoon.
Saw this yesterday.
$100k investment in Bitcoins when they became available in 2011 would be worth $3.2 billion today.
$1000 would be worth $3.2 million today.
Nothing has ever had this kind of run up before .... not even the Tulip mania' in Holland in the 1630's.