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Bitcoin Is Crashing (businessinsider.com)

Posted by msmash on from the what's-happening dept.

An anonymous reader writes: Bitcoin is getting smashed. The cryptocurrency was down 18% to about $892 per coin as of 8:17 a.m. ET on Thursday. It is the biggest drop in two years. Earlier this week, on its first trading day of the new year, Bitcoin crossed above the $1,000 mark for the first time since 2013, but it has now tumbled below that level.

3 of 296 comments (clear)

  1. Re:Rebounding already by MightyYar · · Score: 5, Funny

    Wait, it's back at $950, so the comment is back in date.

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    W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
  2. Paper currency is too dull by T.E.D. · · Score: 4, Funny

    You know what traditional currency like the Dollar was really missing? All the excitement of the random wild value fluctuations inherent in a dot-com stock! I for one find it tedious and boring to walk up to the checkout line in a retailer or grocery store already knowing that I have sufficient funds to pay for my purchase. Yawn.

  3. Re:Slashdot effect 2.0 by Mister+Transistor · · Score: 3, Funny

    Aaaand.... it's gone.

    https://www.youtube.com/watch?...

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