With the price of Bitcoin, the 'Big Daddy' of cryptocurrencies, falling below $10,000, as regulators in Asia and Europe circle and call for restrictions on trading will the current rout continue and where could the digital currency tread next? more...
In September of 2014, in an interview with Fox Business, Tim Draper claimed Bitcoin would hit $10,000 USD in three years. To put that in perspective, Bitcoin was worth $413 USD at the time of the interview. Even strong believers in bitcoin and cryptocurrency in general were skeptical of such massive overall growth—particularly after the intense fluctuations the market, like the crash of 2011, in which the cryptocurrency declined in value by 94 percent. ...