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Bitcoin Drops Over $1,000 In Value Over 48 Hours (reuters.com)

Posted by BeauHD on from the up-and-down dept.

sqorbit writes: Bitcoin dropped below $7,000 after hitting an all-time high. After the so-called "fork" was suspended, Bitcoin reached a peak of $7,888 around 1800 GMT on Wednesday before dropping down below $7,000. Some investors appear to be selling in order to buy "Bitcoin Cash" which was a split on August 1st. Bitcoin Cash reached $850.

1 of 107 comments (clear)

  1. Re:Bitcoin is for SUCKERS!! by omnichad · · Score: 3, Insightful

    It's a unique pyramid scheme. Once you figure it out, you can cash out and sell your spot in the pyramid. Just don't be the one holding the hot potato at the end.