Bitcoin investors have been on a rough ride this year as cryptocurrency prices have collapsed, making it less economical to produce the coins
This year, BITCOIN investors had a hell of a ride. If you had purchased one of the digital tokens last December, it would cost you almost 20,000 dollars. As the New Scientist pressed, this coin was worth about $ 3,300–and was still falling. All right. Ouch.
Of course, in its 10-year history the cryptocurrency has seen many ups and downs, but this bust looks bad. Actually, falling prices could spoil the whole thing. That's because as the value of Bitcoin falls, it's not economical to keep the technology...
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