Tagged With bitcoin crash

Following a meteoric rise to just shy of $US20,000 ($25,108) per coin less than two months ago, Bitcoin, the oldest and most valuable cryptocurrency, fell below $US10,000 ($12,554) on both the Coinbase and Bittrex exchanges for the first time since early December. It's far from the only digital token plummeting.

Predicting the future is near impossible -- but that doesn‘t stop us all from having a red hot go. Human beings have been predicting the future since the beginning of history and the results range from the hilarious to the downright uncanny.

One thing all future predictions have in common: they‘re rooted in our current understanding of how the world works. It‘s difficult to escape that mindset. We have no idea how technology will evolve, so our ideas are connected to the technology of today.

Following a meteoric rise to just shy of $US20,000 ($25,108) per coin less than two months ago, Bitcoin, the oldest and most valuable cryptocurrency, fell below $US10,000 ($12,554) on both the Coinbase and Bittrex exchanges for the first time since early December. It's far from the only digital token plummeting.