• nerdkid posted an update 3 months ago

    Bitcoin value is currently plummeting.. just a couple of days ago a bitcoin was worth $5000 now however the value has fallen 14% and is now only worth $3349!! The plunge in value comes after jp Morgan boss Jamie dimon recently commented about bitcoin being a fraud and after china decided to get tough on bitcoin. This huge volatility shows that bitcoin ain’t worth the pixels that its printed on and isn’t really worth investing in..because even though it maybe anonymous (not good for consumers buying goods anyway as lack of security of refunds and getting goods you ordered) if the value can plummet overnight based upon a few comments from a banker this bitcoin just ai t worth the risk for the average joe so will never be a proper currency. R.i.p bitcoin!