Tag: glitch

November 30, 2018 BY Mariela Naydenova

Just a glitch, not a bubble

Bitcoin’s price is currently trading at $4,300, losing around 70% of its value from December, 2017. Analysts, bitcoin enthusiasts, and investors have frequently referred to Bitcoin as one of the biggest scams in history, comparing it to the Dutch Tulip fever in the 17thcentury, the World Financial Crisis of 2008, the UK Railway mania back…

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February 21, 2018 BY Mariela Naydenova

How a glitch can cost $20 billion worth of Bitcoin

Bitcoin’s rocky start of 2018 was not easy for investors, especially those who held their bullish expectations from December, 2017, when the “people’s currency” circulated around international exchanges for as much as $20,000 per coin. Now, as the crypto “bloodbath” seems to be tamed to some extent, although $550 billion were wiped out with the…

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