It’s been one hell of a week in cryptocurrency. Bitcoin dove below $500, and Coindesk and many others are wondering why. Because so many other cryptocurrencies are based on the Bitcoin model and software, the crash had an impact across the cryptocurrency world, dragging down even coins completely independent of Bitcoin.
Once again, my decision to put all of my earnings into magic beans is paying off!
Bitcoin: $515.99999990 rallied a titch, not that it hurts less.
Featured image by Thomas Hawk on Flickr