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Bitcoin Loses More Than A Third Of Value Over A Week - Business - Nairaland

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Bitcoin Loses More Than A Third Of Value Over A Week by Goldenwatersltd: 7:10pm On Dec 22, 2017
Bitcoin continues to give its investors a volatile ride. This week it has lost more than a third of its value from its record high of nearly $20,000.

On Friday, the cryptocurrency's price fell below $11,000, according to the Coindesk exchange website, before recovering to about $12,000.

Please read on: https://www.newdayng.com/bitcoin-loses-third-value-week/

Re: Bitcoin Loses More Than A Third Of Value Over A Week by maclatunji: 7:47pm On Dec 22, 2017
It was a bubble and was always going to burst.
Re: Bitcoin Loses More Than A Third Of Value Over A Week by adetayo234: 8:20pm On Dec 22, 2017
No wah o. Bloody thing was 19k few days ago
Re: Bitcoin Loses More Than A Third Of Value Over A Week by Newboss(m): 9:12pm On Dec 22, 2017
adetayo234:
No wah o. Bloody thing was 19k few days ago
21k!

It will surge back to at least 30k.
Re: Bitcoin Loses More Than A Third Of Value Over A Week by maasoap(m): 9:15pm On Dec 22, 2017
Newboss:
21k!

It will surge back to at least 30k.
Lol. Another abracadabra!
Re: Bitcoin Loses More Than A Third Of Value Over A Week by Newboss(m): 9:36pm On Dec 22, 2017
maasoap:

Lol. Another abracadabra!
Just watch and see. I remember when it crashed to 3k and remained like that for weeks after some public figures spoke openly against Bitcoin. It surged from that 3k region to 7k in less than 3 days. Then hit 10k. We kept on watching the abracadabra. Hehehehehe. grin grin Then it hit 15k. Lol.

The financial market is a highly volatile one. You can wake up to see that Amazon has lost 90% of its value due to what someone said or did. That's how volatile the financial market is.
Re: Bitcoin Loses More Than A Third Of Value Over A Week by Keywordconcept(m): 1:48am On Dec 23, 2017
Give it time and it will bounce back though it may not be as high as before as other coins are gaining weight such as Bitcoincash, Litecoin, Dash...

My own personal focus is that litecoin.... That coin has a big future.
Re: Bitcoin Loses More Than A Third Of Value Over A Week by maasoap(m): 9:43am On Dec 23, 2017
Newboss:
Just watch and see. I remember when it crashed to 3k and remained like that for weeks after some public figures spoke openly against Bitcoin. It surged from that 3k region to 7k in less than 3 days. Then hit 10k. We kept on watching the abracadabra. Hehehehehe. grin grin Then it hit 15k. Lol.

The financial market is a highly volatile one. You can wake up to see that Amazon has lost 90% of its value due to what someone said or did. That's how volatile the financial market is.
That's why I called it another abracadabra.

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