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posted by martyb on Wednesday June 09 2021, @04:08PM   Printer-friendly
from the Flip-a-coin-for-profit dept.

Bitcoin Price: Cryptocurrency Investors See Red As Market Value Drops:

Crypto investors are waking to sea of red this morning as the entire market took an absolute hammering overnight for the second time in just a few weeks.

The price of bitcoin fell sharply on overnight, approaching a dreaded $US30,000 ($A38,800) threshold it has not crossed since January and dragging other cryptocurrencies in its wake.

At around 2am, bitcoin fell 8.6 per cent to a value of $US31,501 ($A40,715), a level not seen since mid-May, when the volatile cryptocurrency temporarily lost 30 per cent in one session.

The second-largest cryptocurrency, ethereum, lost 11.2 per cent of its value, falling to $US2361 ($A3051).

Bitcoin's value has recovered slightly since the drop, rising to $US33,738 ($A43,606) at around 7am today – but, across the board, almost all of the smaller cryptos have been battered overnight.

[...] No concrete reason appeared to explain the price drop on Tuesday, but some analysts pointed to the seizure of $2.3 million ($A3 million) worth of bitcoin belonging to the Darkside hackers by US authorities as a possible factor.

[...] The US managed to recover almost all the bitcoin ransom paid to the perpetrators of the cyber attack on the Colonial Pipeline last month.

[...] It is being seen as a sign that law enforcement is capable of pursuing online criminals even when they operate outside the nation's borders – and, crucially, that crypto isn't beyond government control.


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  • (Score: 5, Informative) by Mykl on Wednesday June 09 2021, @10:56PM (6 children)

    by Mykl (1112) on Wednesday June 09 2021, @10:56PM (#1143733)

    They're not counter-arguments - they are just childish finger pointing and not even attempting to address the concerns outlined by GP.

    I can't resist one of your pokes though, so I'll get into the mud with you. You know who was very close friends with Epstein? Hint: he has an orange face, a comb-over and likes to cheat at golf.

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  • (Score: 0) by Anonymous Coward on Thursday June 10 2021, @02:27AM (5 children)

    by Anonymous Coward on Thursday June 10 2021, @02:27AM (#1143773)

    Can't you find enough to hate about orange-man-bad without making stuff up?

    Such good friends he banned Jeff from Mar-a-Lago.
    Such good friends that he never flew on Jeff's Kiddie Express and never went to Kiddie Island with Jeff and Bill and Andy.
    Such good friends that the only photo of them together was taken at a function they both attended back in the 90's.

    • (Score: 2) by Mykl on Thursday June 10 2021, @03:22AM (3 children)

      by Mykl (1112) on Thursday June 10 2021, @03:22AM (#1143789)

      They knew each other better than you'd like to admit [nzherald.co.nz]. Kind of appropriate that they really fell out over a Real Estate deal - that's definitely Orange Man's MO.

      You're right that there are not a lot of published pictures of the two of them together (but a simple Google Image search shows photos of them together in at least 3 different outfits) - not surprising really given the parties they liked to have together.

      • (Score: 0) by Anonymous Coward on Thursday June 10 2021, @03:21PM (2 children)

        by Anonymous Coward on Thursday June 10 2021, @03:21PM (#1143902)

        If you could put aside your hatred of Trump and look at those stories objectively, you would see why half the population disregards them. They read like the sort of obnoxious propaganda that is used in the lead up to wars and other atrocities. "The Dirty Hun is Coming to Kill your Children and Rape your Women. JOIN UP NOW to Stop the Evil."

        It is all feeling and kindergarten level circular rhetoric. You must hate Trump because he is evil. He must be evil because we all hate him. He must do bad things because evil people do bad things and he is evil.

        In that story you cite, it is all hearsay and spin. Of course two high profile figures in the same city like Trump and Epstein were acquainted. Is Trump a sleazebag? Certainly, but their "falling out" was because Trump didn't like Epstein going after underage girls in his club. Trump liked young, pretty, women. Epstein liked kids. Look up who was willing to testify against Epstein at his first trial.

        Funny how no lefty will admit that Bill Clinton and Epstein were much closer friends than Trump ever was, or that Bill took many flights with him to holiday on kiddie island.

        • (Score: 0) by Anonymous Coward on Sunday June 13 2021, @02:16AM (1 child)

          by Anonymous Coward on Sunday June 13 2021, @02:16AM (#1144736)

          Funny how no lefty will admit that Bill Clinton and Epstein were much closer friends than Trump ever was, or that Bill took many flights with him to holiday on kiddie island.

          Lefties hate social safety net-gutting Bill Clinton. You must be referring to liberals, or Blue MAGAs.

          And yeah, I agree that Bill Clinton and Trump are both rapists.

          • (Score: 0) by Anonymous Coward on Sunday June 13 2021, @05:11AM

            by Anonymous Coward on Sunday June 13 2021, @05:11AM (#1144758)

            See, "lefty" is a relative position, in opposition to the side of "righty".
            "Liberal" means advocating freedom and justice for all. I don't think liberal applies to any current party, with the possible exception of the Libertarians.

    • (Score: 0) by Anonymous Coward on Thursday June 10 2021, @06:05AM

      by Anonymous Coward on Thursday June 10 2021, @06:05AM (#1143819)

      hahahahahha

      one little poke at your "god emperor" and you lose your shit

      thankfully stupid is not contagious, but maybe you nazi eugenecists have something right, sterilize the incels!