Just a couple of days ago we wrote about the fact that for two days the bitcoine lost about $ 1000. Well, the main crypto currency of the world continues to gain speed in cheapening. Over the past day, it collapsed by more than $ 1000. If at the beginning of yesterday one bitcoin was estimated at $ 6,820, then this morning it is given "only" $ 5676.
The causes of a sharp drop in the rate of bitcoin are called several. One of them is the disagreement of major project participants. The second reason is the cancellation of the long-awaited modification of the code that would allow the holders of bitcoins to "accumulate" more "free" crypto currency. As a result - many began to be disappointed in bitcoin and switch to the mining of other currencies.
Experts Citigroup believe that soon profitability bitcoin will come to naught. More precisely, it will be advantageous to earn a crypto currency only if its rate reaches $ 300,000, which looks extremely fantastic.
Note that the second most popular crypto currency Ethereum is also experiencing hard times. Her course, however, does not decrease as rapidly as in the case of bitcoin. Nevertheless, over the month, it lost almost 15%, falling in price from $ 349 to $ 302.