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Email this8:45 am
January 12, 2019
Offline
.
Has anyone here been watching Bitcoin's latest Catastrophic Fall ?
.
In one year's time, it's gone Down ~ 34%, and Down almost 50% from
it's Peak.
- Chart Link ➡️ https://www.google.com/finance.....?window=1Y
.
I don't invest in the stuff (maybe I should 
), but from-time-to-time
I do follow its 'Wild Ride'.
- Dean
" Live Long, Healthy ... And Prosper! "
9:45 am
April 27, 2017
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Pretty sure it's been down by over 90% in 2011 and by over 50% several times since. It's a speculative and volatile product. 215% 5-year return should help some of the bitcoin investors to deal with this catastrophe.
12:43 pm
April 21, 2022
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mordko said
Pretty sure it's been down by over 90% in 2011 and by over 50% several times since. It's a speculative and volatile product. 215% 5-year return should help some of the bitcoin investors to deal with this catastrophe.
If it went to zero, it wouldn't surprise me as there are no underlying assets that give it any value. Now if it's a question of sentiment, that's another story. It's the ultimate pyramid scheme and a great way to make a lot of money.
