What's a bite-coin? Tim horton points?
Cryptocurrencies Are Getting Crushed
The cryptocurrency Cassandras -- whose dire predictions have gone unheeded like the prophecies of the Trojan princess -- are starting to look right. The sector has lost about a third of its market value since peaking in early June, pushing it into what traditional equity market analysts label as a bear market. Bitcoin, the largest of the digital currencies, is down about 20 percent from its peak of $3,000, reached June 12. Smaller rivals such as ethereum and ripple are getting hit even harder. “When when we look for signs of excess in the market, I look at bitcoin and to me that looks pretty scary,” Richard ... (full story)