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Bitcoin investors have had a hard ride this year as the price of cryptocurrency has plummeted, making it less expensive to produce coins
Bloomberg / Getty
BITCOIN investors have had a nice ride this year. If you had bought one of the digital tokens last December, it would have cost you almost $ 20,000. Such as New Scientist It went into print, that coin was now worth around $ 3300 – and it keeps falling. Ouch.
Of course, the cryptocurrency has seen many ups and downs in its 10-year history, but this bust looks bad. In reality, falling prices could derail the whole business.
This is because the value of bitcoin decreases, it becomes uneconomic to keep the technology …
