“They have doubled in price in the last six months”
And yet are still worth only one third of what they were worth two years ago, which mean six months ago they were worth ONE SIXTH of what they worth 18 months prior to that!
And the rest of the article is complete gibberish as well, with not a single sentence to support the article’s contention that: “Bitcoins have *JUST* gotten serious”.
The drop was due to a couple reasons: A) the Chinese locking down their citizenry from trading in BTC. B) The thefts of wallets by trading sites (only a few, but significant). The Chinese are slowly getting back into the game and are also trading in LTC now (which really took a nose dive but seems to be slowly recovering).
Tell that to Megan. Since she is calling this a currency, this is equivalent of taking out a 2 Year CD and getting a -33% (negative) interest rate.
No thanks.