Drudge Retort: The Other Side of the News
Friday, September 07, 2018

Bitcoin and other digital currencies have continued to tumble in value, amid concerns that Wall Street institutions are shunning cryptocurrencies. It follows media reports, originally in Business Insider, that Goldman Sachs is shelving plans to set up a cryptocurrency trading desk.

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I thought Boaz said that he was going to get rich off of Cryprocurrencies??? I bet he loses his ass and all his fixtures too.

#1 | Posted by LauraMohr at 2018-09-06 08:42 PM | Reply

"The cryptocurrency has lost two-thirds of its value in the past nine months."

Boaz, didn't you buy about 9 months ago?

#2 | Posted by Danforth at 2018-09-06 08:47 PM | Reply | Newsworthy 1

LOL @ Comrade Boazo losing his ass in bitcoin. I remember him claiming it was a "cant miss" commodity. It just goes to show why you should never take finicial advice from an alt-right redneck who pretended to be a black guy.

#3 | Posted by aborted_monson at 2018-09-07 03:01 PM | Reply

Continue to stumble, yes.

However BitCoin started out trading at fractions of a penny per coin. Now it's beyond $6,000 per coin, after the recent drop.

That's a success, regardless of how this pans out. It's not going anywhere as more and more people are finding effective purposes for its use.

#4 | Posted by rstybeach11 at 2018-09-07 03:04 PM | Reply

#3 | POSTED BY ABORTED_MONSON

It was can't miss when it was trading at pennies per coin. Anyone kicking down $6,000 for a coin now hasn't exactly been paying attention.

#5 | Posted by rstybeach11 at 2018-09-07 03:06 PM | Reply

XMR difficulty tanked back in April. Convenient for the miners, terrible for the traders.

#6 | Posted by sitzkrieg at 2018-09-07 03:17 PM | Reply

$6000 for a bit coin..can you only buy a bit coin with other bit coins? No?..so you want dollars for bit coins. got ponzi written all over it. i can't believe that scientology hasn't made bit coin their official currency, and like scientology, if it works for you then go for it.

#7 | Posted by ABlock at 2018-09-07 04:02 PM | Reply

They aren't even at their 12 week low... So they didn't tumble that much.

#8 | Posted by Sycophant at 2018-09-07 04:24 PM | Reply

Bitcoin is garbage.
It is controlled by Chinese miners and proof of work doesn't scale.

Next gen blockchains do have applications though.

#9 | Posted by bored at 2018-09-08 11:25 AM | Reply

#7 | POSTED BY ABLOCK

You can buy bitcoins with other crypto currency and cash in said currency (or bitcoin) for cash.

You clearly don't know the definition of ponzi scheme.

#10 | Posted by rstybeach11 at 2018-09-09 10:09 PM | Reply

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