01-14-2015, 07:12 PM
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Senior Member
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Join Date: Feb 2012
Posts: 6,168
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Don't follow bitcoin, but this caught my eye tonight:
WSJ: Bitcoin’s Plunge Bites ‘Miners’
Bitcoin’s value fell 21% to $179.37 late Wednesday, according to news service Coindesk.
The virtual currency, which proponents hail as a potential alternative to mainstream money and critics dismiss as a fad or a haven for money-laundering, has fallen 44% since the start of the year and 85% from the record high of $1,165 it hit in early December 2013. In total, almost $11.3 billion in value has been lost since that peak.
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