Bitcoin first traded in 2009 for half a cent each. In just eight years, it has reached the lofty height of $4,477.
We have witnessed a number of spectacular crashes in the equity markets over the past century.
One of these is the historical NASDAQ crash of 2000-2002, following the dot com bubble. The index fell a stunning 78 percent during this two year period and ultimately reached a 6-year low
In the years that followed, the market recovered and eventually reached new peaks. Today, it is up 26 percent from its dot com highs, and 486 percent from its lowest point
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