RATE Group | Bitcoin Crash Escalates, Equity Crash Developing
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Bitcoin Crash Escalates, Equity Crash Developing

Bitcoin Crash Escalates, Equity Crash Developing

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As the meme goes… ‘that escalated quickly.’

While my $100 dollar ethereum prediction in September was looking good late last week at $129:

Ethereum chart last weekCredit: ADVFN

Ethereum is now $106.

This is close enough to declare self-affirmation and go home but this crash is not over yet.

[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]

As I write, bitcoin has hit $3,600 roughly, nigh on 20% lower (18.9%) than when I wrote last week’s doom-laden article.

I have picked up a little bitcoin (BTC) but only to back my opinion that my timing and opinion can be as off as the next man’s.

I’m still waiting for $2,500 to get serious.

But I’m not the sort of doomster that doesn’t make money when the tide turns, in fact I’m not a doomster at all. Anyone who has read my pieces on Forbes over the last 15-20…

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