Bitcoin has crashed. Yesterday’s high was $7,969 and the low was $3,596, which amounts to a 55% fall, epic by any market’s standard. I have bought. This sounds more grand than it is as my doctrine on this is to buy a chunk every $1,000 down, which saw me buy three chunks at $7,500, 6,500, 5,500, missing $4,500 and $3,500 because I was asleep. When I awoke it was a little above $5,000. That is a shame but in these kinds of markets you simple have to forget a tight view on price because the markets are malfunctioning and in a way rightly so. They are behaving like this because a lot of people are getting margin calls ... (full story)