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Bit by bit

“Headlines, in a way, are what mislead you because bad news is a headline, gradual improvement is not.” – Bill Gates

Bit by bit Bit by bit Bit by bit Bit by bit Bit by bit

Not being one to gloat, it would be churlish of me to note the recent continued plunge of Bitcoin toward a price that better reflects its inherent value; somewhere close to zero.

It has dropped about 20% in the last week or so, 50% this year, down 70% from its insane peak of last year and may have breath for one last dead cat bounce before the final capitulation.

I have no doubt it will soon vanish into a puff of irrelevance...