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ooli · 4288 days ago · link · · parent · post: Bitcoin loses 44% of its value in one day. Dropping from over $250 to around $150
mk! Dont buy BTC. It's fool gold.
Try to sell what you have around 150 if it reach those value again. Else sell it once it goes under 80, and never think of it again. plenty of analogy: http://www.slate.com/articles/news_and_politics/view_from_chicago/2013/04/bitcoin_is_a_ponzi_scheme_the_internet_currency_will_collapse.html It could have worked as a nice exchange alternative if you could not buy or sell it for money.
(As you can always buy or sell something for money, decentralized solid exchange currency is nothing but a dream)