Bitcoin’s Price Goes Supernova Bitcoin's price performance takes off in the same high-speed manner as a SpaceX rocket launch.
Take any definition of money and Bitcoin will fail some of its criteria, which one could use as proof that it's worth nothing (for more on this topic, read this 2015 paper by Ole Bjerg).
The SEC said Thursday that proof-of-work crypto mining—as seen with Bitcoin and Dogecoin—does not fall under its definition ...
"These types of losses rarely end well and I still think the big capitulation is yet to come," Standard Chartered's Geoff Kendrick said.