NewsThump explains BitCoin
“Look, if you want to invest in crypto, go for it. Personally speaking, I think fireworks are a much more entertaining way of setting fire to your money, but each to their own.
“But remember, the value of other people’s Bitcoin holding depends solely and entirely on your interest in buying it. There is no underlying or intrinsic value in Bitcoin. If you don’t buy it, or express interest in buying it, then they lose money – well, even more money – so take any advice to invest in Bitcoin from someone who owns Bitcoin with a sack load of salt.”
The slide back to zero continues unabated.
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