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AlderaanDuran · 4351 days ago · link · · parent · post: Bitcoin loses 44% of its value in one day. Dropping from over $250 to around $150
There was a kid on Reddit who put $4,000 of his savings in and bought at $270, because all the kids over there are saying it's going to hit $2,000/BTC by the end of the year... even if it did hit that, it's not because that's the value of the coin, it's because pump-n-dump firms road it up that high only to take everyones shirts and make ridiculous profits on something that has a value somewhere at or below $5 at best.