Bitcoin prices continue to drop -- spiraling down nearly 50% since it’s peak in the middle of April. Cryptocurrency evokes strong opinions. Billionaire businessman Warren Buffet has called it a “mirage” while financial analyst Max Keiser continues to toot Bitcoin’s horn, saying it will soar to $220,000 in 2021. Bitcoin was launched in 2010 when a single coin was less than 1/10th of one cent ($0.0008). Bitcoin has come a long way and it has more to go. This drop isn't a sign of weakness nor does it acquiesce to the claims that crypto is imaginary money.
What this dip means and the weird reason that crypto shouldn’t be laughed off…
Next on the Deep Cut.
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