Bitcoin is crashing, bitcoin is crashing!

This whole cryptocurrency thing is mind boggling.

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All investments eventually fall to the level of their backing assets, in this case essentially zero. Cryptocurrencies have no backing assets.

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Bitcoin cofounder and CTO, Emil Oldenburg is extremely skeptical when it comes to bitcoin's future. ”I would say an investment in bitcoin is right now the riskiest investment you can make. There’s an extremely high risk,” he says in an interview with Swedish tech site Breakit. And yes, it looks like that he sold his bitcoins

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Apparently North Korean Hackers have already stolen billions in Cryptocurrency

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yeah, but that's not bitcoin. That exchange was just dealing in alternative cryptocurrencies

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On 12/19/2017 at 4:28 PM, Rodent said:

Someone is dumping a lot of shares.... is the bubble over?

http://www.zerohedge.com/news/2017-12-19/bitcoin-crashing

I'd hardly say bitcoin is "crashing". It's fallen around 10% last I looked to still over $15,000 a coin. It's just balancing out as the NYSE tries to bring a bitcoin ETF into the realm of reality. 

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