Bitcoin market has officially popped it’s bubble cherry!

Thanks to ardy:theblog for the post…


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…

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