Bitcoin's market value exceeds $1tn after price soars

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Cryptocurrency heading for a weekly gain of 14% and up by 60% in February

Bitcoin rose 6.4% during trading on Friday to reach an all-time high above $55,000, and was on track for a weekly gain of about 14%.

 

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It’s a Ponzi scheme .

Madness

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Wait until it crashes.

For those not aware, this was essentially pre-programmed.

I bought $100 worth in 2012 to use on Silk Road. Lost my nerve and forgot about the wallet. Funny how that turned out.

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Now the crims can launder their cash by buying Teslas. 🥴

Sure Bitcoin is expensive and impractical, think of the revenue. I don't see how this could possibly end badly.

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For every buyer, there's a seller.

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