Author Topic: Bitcoin loses over a fifth of its value in less than 24 hours  (Read 504 times)


Mackin USA

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Re: Bitcoin loses over a fifth of its value in less than 24 hours
« Reply #1 on: December 01, 2017, 11:04:31 AM »
Lots of PUMP & DUMP in the crypto world  >:(

WILD WEST
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littleman

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Re: Bitcoin loses over a fifth of its value in less than 24 hours
« Reply #2 on: December 22, 2017, 07:41:46 PM »
>WILD WEST

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Bitcoin prices plunged sharply to below $11,000 on Friday, shedding a third of its value in just 24 hours, according to data from CoinDesk.com. It later rebounded slightly to around $12,000 -- but that's still a stunning 25% less valuable than bitcoin was Thursday morning.

http://money.cnn.com/2017/12/22/investing/bitcoin-plunges-below-14k/index.html


Coinbase, one of the biggest bitcoin marketplaces, says trading back up after being disabled for two hours

rcjordan

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Re: Bitcoin loses over a fifth of its value in less than 24 hours
« Reply #3 on: December 22, 2017, 07:47:27 PM »
I know a guy who made pretty good money by arbitraging bc mining machines.  AFAIK, he never actually did any mining ...just signed up on the waiting list for a machine then sold that spot as time came near.

littleman

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Re: Bitcoin loses over a fifth of its value in less than 24 hours
« Reply #4 on: December 22, 2017, 07:50:31 PM »
very clever

rcjordan

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Re: Bitcoin loses over a fifth of its value in less than 24 hours
« Reply #5 on: December 22, 2017, 07:56:18 PM »
Meanwhile, in the Once-Wild West

Goldman Is Setting Up a Cryptocurrency Trading Desk

https://www.bloomberg.com/news/articles/2017-12-21/goldman-is-said-to-be-building-a-cryptocurrency-trading-desk

And the latest frenzy has the IRS salivating.  The taxman cometh.

rcjordan

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Re: Bitcoin loses over a fifth of its value in less than 24 hours
« Reply #6 on: December 22, 2017, 10:19:30 PM »
Ouch!

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Bitcoin plunged by 30 percent to below $12,000 on Friday as investors dumped the cryptocurrency after its sharp rise to a peak close to $20,000 prompted warnings by experts of a bubble.

https://www.reuters.com/article/uk-global-bitcoin/bitcoin-falls-30-percent-posts-worst-week-since-2013-idUSKBN1EG0A8

Drastic

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Re: Bitcoin loses over a fifth of its value in less than 24 hours
« Reply #7 on: December 23, 2017, 01:48:11 AM »
It seems like nothing but a risky day trade lately.

Mackin USA

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Re: Bitcoin loses over a fifth of its value in less than 24 hours
« Reply #8 on: December 23, 2017, 12:45:26 PM »
I'm a BUY&HOLD dude and my holdings are up X6 since I started August 21st.
I buy only ALTcoin

Today I "speculated for the 1st time in  "BURST"
Wish me luck  ;)
Mr. Mackin
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