Bitcoin market has officially popped it’s bubble cherry!

Thanks to ardy:theblog for the post…

ardy:theblog

I couldn’t think of a better title for this post, but I figure popping cherries and bubbles would get your attention.

So it finally happened, the media’s dreams came true and Bitcoin went from a euphoric high of $260+ (depending on which exchange you were on) to crossing  into $50 territory about an hour ago as I write this over the course of 2 days. I don’t know about you, but this makes me happy in a bullish way about the future of bitcoins and virtual currency in general as a viable monetary option in the future, like 15 years from now future.

As I mentioned in my previous post, a vast majority of the global population doesn’t know what a bitcoin is or how it’s even used, therefore, this huge crash, which I will refer to as what it really is; this market correction was caused by a small…

View original post 234 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s