Google says $12,953 but we know that’s not right. Coindesk says 13.3k. I’m a little skeptical because CNBC says trading was halted at 11:11am today. Here comes the plunge!
This is what I can’t stand about throwing money at bad investments. Even if you wanted to, you couldn’t sell at $12,930 right now. You have to wait until trading resumes and that could be at 9k. It’s pure bullshit. I own 0 Bitcoin fwiw, but I know the feeling of not being able to sell an asset.
Originators are selling their stakes now. Transaction fees to use the currency are sky high. It’s a mess that I’m glad that I’m not a part of. Of course, it could get back to 20k but I wouldn’t be surprised if it went back to 3k either. Who needs it?