Some people are saying “I knew this was going to happen” right now, others are still trying to figure out what the heck is going on. As we speak Bitcoin is crashing. It has dropped from 49 earlier today to 34, and it’s still going.
A few people predicted the crash yesterday on Twitter, less than 24-hours in advance.
I know I tweeted this the other day, but the bitcoin market is exploding. Approaching $50 a coin now. — crash coming soon?
— kacy fortner (@kacyf) March 6, 2013
Bitcoin (BTC) now $45.67000 ……how long before the crash peeps?
— Bacon Bangkok (@baconbkk) March 6, 2013
I don’t think Bitcoin is going anywhere but I’m not surprised this happened, and I wouldn’t be surprised if it continued to go down. We are still in the very early days of digital currency, but we’ll look back on days like today ten years from now and remember moments like this.