Cryptocurrency update: Bitcoin now under $8500; Ripple less than 85 cents. Update: Bitcoin now under $8000; Ripple less than 80 cents!

Cryptocurrencies are very fragile
Their movements by minute very agile
Don’t buy them less you
Lose your money too
Currencies currently too volatile

Alan Grace
18 January 2018

What sort of creature is Bitcoin (and other cryptocurrencies)?

A very speculative investment at best.

From a high of about $19,500 in December last year (2017), Bitcoin this morning (7.40 am NZ time) was down to under $8500, less than half what it used to be worth. See:
https://www.vox.com/energy-and-environment/2018/1/18/16901422/bitcoin-price-crash-energy-emissions

On 3 February Bitcoin went below $8000. See:
http://www.thisismoney.co.uk/money/markets/article-5344379/Bitcoin-plunges-8k-fall-55-2018-peak.html

From being worth over $1.60, Ripple is now worth less than 85 cents.

Update 10:45 pm (NZT): Bitcoin now under $8000; Ripple less than 80 cents!

Crypto05Feb1045PM

Do not invest any money in cryptocurrencies that you cannot afford to lose.

Daily prompt: Creature

See: https://aaamazingphoenix.wordpress.com/tag/bitcoin/

At 7.40 am this morning:

Crypto05Feb740AM

At 7.00am:

Crypto05Feb700AM

And at 7.50 am Bitcoin was below $8400:

See: https://coinmarketcap.com

Crypto05Feb750AM

And just before 4.30 pm (NZT), Bitcoin under $8200 and Ripple just over 80 cents.

If you think you want to buy, soon may be a good time although very risky.

Crypto05Feb430PM

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