Future Tech
Bitcoin drops 6.5% to below $20,000
Bitcoin dropped 6.53% to $19,106.37 at 0734 GMT on Saturday, losing $1,334.33 from its previous close.
Earlier in the day, it sank as far as $19,047.61, its lowest point since December 2020.
Bitcoin is down 59% this year, while ether is down 73%.
- Reuters
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Discussions
Be the first to like this. Showing 6 of 6 comments
Bitcoin = modern day internet tulip for young investors to get rich quick = a greater fool game ?
2022-06-19 16:58
It is exactly a greater fool game. I have said this many times and I will repeat this one again. Those who speculated in cryptocurrencies must prepare to lose half of your capital.
2022-06-19 18:25
Told you guys this bitcoin thingy is holland bulb! Useless currency! Can't really buy anything! You can't take housing or car loans with it! So why is it so expensive! Yeah, just fairy tale waiting to burst!
2022-06-19 18:50
Posted by gohkimhock > Jun 19, 2022 6:25 PM | Report Abuse
It is exactly a greater fool game. I have said this many times and I will repeat this one again. Those who speculated in cryptocurrencies must prepare to lose half of your capital.
Answer : Worthless once the fairy tale is exposed! Digital banks are the real thing!
2022-06-19 18:51
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Hmmm. How are those russian sanctions going? sending more weapons to ukraine so the market can collapse further?
market falling like biden falling on his ass from a bike!
2022-06-19 00:02