The wild ride continues. CNBC reported today that Bitcoin is off 50% from its all-time high...that was made last month!
https://www.cnbc.com/2018/01/17/cryptocurrency-sell-off-continues-as-bitcoin-ethereum-sink.html
Quick question for anyone out there reading this: With these types of price fluctuations, how can Bitcoin (or any other cryptocurrency) be considered a viable currency?
Here's an insightful analysis of Bitcoin from Mr Money Mustache.
https://www.mrmoneymustache.com/2018/01/02/why-bitcoin-is-stupid/
Last resource I'll post on cryptocurrencies today....
Here's a YouTube video that provides an excellent primer on how Bitcoin and other cryptocurrencies actually work. It was referenced in the MMM article above.
https://www.youtube.com/watch?v=bBC-nXj3Ng4&feature=youtu.be