While you Slept: Bitcoin CRASHED 10% Overnight and over 25% Since Thursday
johngaltfla.com / by John Galt / November 12, 2017
Oops.
This was not supposed to happen according to Geekdom Economics 101:
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However, when you hear hucksters like Glenn Beck and others start to dump their gold promos for “wow, look at the pretty tulips” type of hype, you know the shit is about to crash.
And so it has.
Since Thursday, 11/9 Bitcoin on the open market has crashed almost 27% as of just about an hour ago. What does this mean for the bigger picture?
It means that this fiat currency, along with numerous others like the US Dollar, are about to face a period of instability as real war (aka, Saudi Arabia and Iran) begins to rear its ugly head. In addition to this instability, we have the politicians in America acting like morons and instead of injecting a liquidity push to prevent an economic contraction, they are debating measures which will accelerate a deflationary spiral.
The post While you Slept: Bitcoin CRASHED 10% Overnight and over 25% Since Thursday appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/11/12/while-you-slept-bitcoin-crashed-10-overnight-and-over-25-since-thursday/
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And it went into Bitcoin Cash, its hard fork so Bitcoin went into Bitcoin.
well, considering I paid $34.00 per coin in 2010… I’m still pretty happy.