BITCOIN CRASH: Plunges 45% In 5 Days… How Low Will It Go?
22 December, 2017
The Bitcoin Crash has finally taken place as the king of cryptocurrencies plunged a staggering 45% from its record high in just five days. On December 17th, Bitcoin reached a peak of $19,800 but fell to a low of 10,887 in early market trading today. However, the Bitcoin price has recovered from its lows and is now trading at $13,500.
Mike explains in the video that HashGraph will make a lot of the cryptocurrencies obsolete. It takes a massive amount of energy just to do one Bitcoin transaction that it is not really useful as a currency or payment system. The Hashgraph technology does the same sort of thing as Bitcoin and the other cryptos, but it takes very little energy.