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Stock impact report

Bitcoin Mining & The Beauty Of Capitalism [zero hedge]

International Business Machines Corporation (IBM) 
Last international business machines corporation earnings: 4/20 04:08 pm Check Earnings Report
US:NYSE Investor Relations: ibm.com/investor
Company Research Source: zero hedge
Authored by Valentin Schmid via The Epoch Times,While the price of bitcoin drops, miners get more creative... and some flourish.The bitcoin price is crashing; naysayers and doomsayers are having a field day. The demise of the dominant cryptocurrency is finally happening — or is it?Bitcoin has been buried hundreds of times, most notably during the brutal 90 percent decline from 2013 to 2015. And yet it has always made a comeback.Where the skeptics are correct: The second bitcoin bubble burst in December of last year and the price is down roughly 80 percent from its high of $20,000. Nobody knows whether and when it will see these lofty heights again.As a result, millions of speculators have been burned, and big institutions haven’t showed up to bridge the gap.This also happened on a smaller scale in 2013 after a similar 100x run-up, and it was necessary.Time to Catch UpWhat most speculators and even some serious proponents of the independent and decentralized monetary system don’t under Show less Read more
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