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<blockquote data-quote="Box Ox" data-source="post: 3852157" data-attributes="member: 48469"><p><a href="https://www.cnn.com/2018/12/07/investing/bitcoin-prices-plunging/index.html" target="_blank">Bitcoin prices continue their epic plunge - CNN</a></p><p></p><p>"In December 2017, bitcoin prices hit a record high of just under $20,000. Flash forward to December 2018 and bitcoin is now trading a little below $3,400. That's a more than 80% plunge. Bitcoin is at a 15-month low.</p><p></p><p>But prices have really gotten whacked this week, falling nearly 20% in just the past five days alone."</p><p></p><p>"Bitcoin isn't the only cryptocurrency getting hit either. Ripple/XRP, ethereum, stellar, litecoin and numerous other cryptocurrencies have plunged in the past week."</p><p></p><p>"Aslam argued that bitcoin prices could wind up plummeting below $2,000 and even test the $1,500 level."</p><p></p><p>"Nearly two-thirds of money managers surveyed by asset management firm Natixis still thought that cryptocurrencies were a bubble, the firm reported this week."</p><p></p><p></p><p></p><p>Nah. Too many people know better now.</p></blockquote><p></p>
[QUOTE="Box Ox, post: 3852157, member: 48469"] [URL="https://www.cnn.com/2018/12/07/investing/bitcoin-prices-plunging/index.html"]Bitcoin prices continue their epic plunge - CNN[/URL] "In December 2017, bitcoin prices hit a record high of just under $20,000. Flash forward to December 2018 and bitcoin is now trading a little below $3,400. That's a more than 80% plunge. Bitcoin is at a 15-month low. But prices have really gotten whacked this week, falling nearly 20% in just the past five days alone." "Bitcoin isn't the only cryptocurrency getting hit either. Ripple/XRP, ethereum, stellar, litecoin and numerous other cryptocurrencies have plunged in the past week." "Aslam argued that bitcoin prices could wind up plummeting below $2,000 and even test the $1,500 level." "Nearly two-thirds of money managers surveyed by asset management firm Natixis still thought that cryptocurrencies were a bubble, the firm reported this week." Nah. Too many people know better now. [/QUOTE]
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