12 November 2017
The headlines shouted out the $1000 drop and more in bitcoin's value as a result of the cancellation of the 16 November fork in the cryptocurrency on 8 November, but the reality was not so simple.
Bitcoin was still well above its 26 August price of $4391 and only 7% from the 50% 1 December target of $6500.
Altcoins
Similarly, the major altcoins, except for Ripple, finished the week above their start. Bitcoin Cash achieved incredible gains (173% over the week, though most since 8 November).
ARK, ADA, GNO
The subsidiary coins on the market were bigger losers: ARK (-12.78 in a day), ADA (-13.7 in 24 hours) and GNO (-14.77). But except for Gnosis these were up on the week. I've profiled the less popular tokens I am tracking here.
Price change <> probability
What seems clear from my tracking so far is that because of the volatility, scoring the price changes, ironically, does not accurately reflect the probability that the cryptocurrencies will reach a 50% gain by 1 December. I am therefore recalculating these on a new basis.
Background to tokens followed
[I've profiled the seven tokens I am tracking here](http://www.crosslines.ch/global/2017cless
Excel version
Click here for an Excel 1997-2003 version of this table with records key records, free for download.
There's also an Excel version of the shorter summary screenshot used above.
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