Bitcoin can't handle big price drops, and the missing Satoshi Foundation
Submitted by brad on Thu, 2017-11-30 11:00Having written yesterday about a decision to sell Bitcoin, I want to re-examine two posts I made in the past which are now even more apropos.
My sell decision was (at least temporarily) wise as it dropped to $9300 quickly. I don't think it will necessarily never see $11K again. It is a speculative value with no fundamentals behind it to help judge the right price range.