The currency rate is dropping ( Bitcoin )

A report of the Bloomberg economic agency said Monday that the price of the world's most popular electronic currency has been around 30 percent in the past few days.
Bloomberg said the price of the bitcoin has declined since last Friday alone by 9.5 percent, and since last Wednesday, when its highest level at all at $7882, the electronic currency fell by 29 percent.

Bloomberg experts attributed the decline to the shift of investors to other electronic business such as "Bikkash", which has climbed 40 percent to 2478 dollars since Friday.

Bloomberg
on Oct. 25, October, Ronnie Muas, founder of the investment company "Standpoint Research", predicted that the price of the "Bformation" would be $50,000 over the next 10 years. He explained that the production of a limited currency, with only 21 million pieces, against an enormous demand that could reach 200 million people worldwide in the coming years.

Analysts warn that the "biformation" is only another similar bubble to the crisis in the early 1990s, the real estate crisis in 2006 and 2007, and the collapse of commodity prices in world markets between 2008 and 2009.

Source: Lenta. Ro"

Fred Gearley