The price of bitcoin is less than $ 4,000 Wednesday
Investors are frustrated because Chinese expatriates threaten to reduce stress on some exchanges.
J.P. Morgan CEO Jamie Damon calls Bitcin "trick"
BitCoin fell below $ 4,000 on Wednesday and negative comments from top CEOs on the cryptuivity and threat of a regulatory massacre, disappointed investors
According to CoinDesk data from the industry website, digital currency fell by $ 3,907.26 on Wednesday, slightly lower before trading around $ 4,050. BitCoin began reviewing the initial trade At its nominal point Wednesday, Bitikin was at over $ 1,000 on September 2 at 5,013.91. The total market capitalization or market value of Bitcoin as at September 15, 2012, at $ 66.74 billion as at September 2, 2012, of $ 82.28 billion, according to Cinmarket Data.
I think based on the slow decline bitcoin is doing it should eventually meet a point when everyone starts to buy it again there are so many open orders for lower prices out there got to be one of them!
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