<p>The most notable cases were:</p>

<ul>
<li>In 2011, the price reached a peak of $32 in June, and went down all the way to $2 in November. A decrease by a x16 factor, or 93.75%.</li>
<li>In 2013, the price reached a peak of $266 in April, and quickly afterwards went down to the $65 range. A 75% drop.</li>
</ul>

<p>This can be seen graphically <a href="http://bitcoincharts.com/charts/mtgoxUSD#tgSzm1g10zm2g25zvzl" rel="nofollow">here</a> and <a href="http://bitcoincharts.com/charts/bitstampUSD#tgSzm1g10zm2g25zvzl" rel="nofollow">here</a>.</p>

<p>As for media coverage, <a href="http://bitcoinobituaries.com/" rel="nofollow">this list of "obituaries"</a> is handy. Among the most infamous (at least, around people who were around that long) is wired.com's 2011 piece "<a href="http://www.wired.com/2011/11/mf_bitcoin/all/" rel="nofollow">The Rise and Fall of Bitcoin</a>".</p>

CC BY-SA 3.0
2015-01-20T11:22:37.910Z
2015-01-21T00:07:21.580Z
2015-01-21T00:07:21.580Z
Meni Rosenfeld
<p>As of Jan 2015, the price of Bitcoin has plummeted from 300ish to 200 since the summer of 2014. This wasn't the first time happening to have the price plummet in such a state where mass media starts reporting "<strong>the death of bitcoin</strong>".</p>

<ul>
<li><p>What were the previous dates and percentage drops in USD that caught mass media attention prior to 2015 Jan?</p></li>
<li><p>What were some of the articles that were reported on these dates believing that Bitcoin is about to die? And by whom?</p></li>
</ul>

CC BY-SA 3.0
2015-01-20T13:00:20.940Z
You might find [**bitcoinobituaries.com**](http://bitcoinobituaries.com/) helpful, which collects articles that report Bitcoin's imminent death.
Murch
<price-volatility>
What were the dates of Bitcoin's previous price plummets prior to 2015? What articles were written about it?
Patoshi パトシ
# What were the dates of Bitcoin's previous price plummets prior to 2015? What articles were written about it?

(Asked by: username_0 on 2015-01-19)

As of Jan 2015, the price of Bitcoin has plummeted from 300ish to 200 since the summer of 2014. This wasn't the first time happening to have the price plummet in such a state where mass media starts reporting "**the death of bitcoin**".

* What were the previous dates and percentage drops in USD that caught mass media attention prior to 2015 Jan?
* What were some of the articles that were reported on these dates believing that Bitcoin is about to die? And by whom?

**Tags:** price-volatility

> **Comments:**
> **username_1**: You might find [**bitcoinobituaries.com**](http://bitcoinobituaries.com/) helpful, which collects articles that report Bitcoin's imminent death.  

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## 1 answers

### Answer by username_2 on 2015-01-20. Score: 4

The most notable cases were:

* In 2011, the price reached a peak of $32 in June, and went down all the way to $2 in November. A decrease by a x16 factor, or 93.75%.
* In 2013, the price reached a peak of $266 in April, and quickly afterwards went down to the $65 range. A 75% drop.

This can be seen graphically [here](http://bitcoincharts.com/charts/mtgoxUSD#tgSzm1g10zm2g25zvzl) and [here](http://bitcoincharts.com/charts/bitstampUSD#tgSzm1g10zm2g25zvzl).

As for media coverage, [this list of "obituaries"](http://bitcoinobituaries.com/) is handy. Among the most infamous (at least, around people who were around that long) is wired.com's 2011 piece "[The Rise and Fall of Bitcoin](http://www.wired.com/2011/11/mf_bitcoin/all/)".


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