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Value of Bitcoin "Crashes"

souravzzz writes with an update on the state of Bitcoin. Quoting the Ars Technica article: "Bitcoin, the world's first peer-to-peer digital currency, fell below $3 on Monday. That represents a 90 percent fall since the currency hit its peak in early June." That's still three times its value in April 2011.

3 of 709 comments (clear)

  1. Time to invest in tulip bulbs... by Layzej · · Score: 4, Funny

    I'm moving all of my cash to tulip bulbs. They're due for a comeback ;)

  2. Re:Bitcoin by Bob+the+Super+Hamste · · Score: 4, Funny

    Rolling around naked in it laughing like maniacs...

    And this is why I no longer use cash.

    --
    Time to offend someone
  3. Re:Bitcoin by Yunzil · · Score: 5, Funny

    Great marketing campaign. "Bitcoins: Hey, it's not as bad as Zimbabwe!"

    So to answer your question, yes, it's directly comparable.

    No, it isn't.