02 January 2018

Bitcoin going down the toilet? Don't say I didn't warn ya!


Bitcoin is already having a bad year. For the first time since 2015, the cryptocurrency began a new year by declining, extending its slide from a record $19,511 reached on Dec. 18.

The virtual coin fell to $13,624.56 as of 5 p.m. in New York on Monday, down 4.8 percent from Friday, according to data compiled by Bloomberg. That’s also a drop from the $14,156 it hit Sunday, according to coinmarketcap.com, which tracks daily prices. 

Wow, can you imagine all those people who bought in mid December at nearly $20k per BTC, and it's now "worth" $14k. Ouch. 

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