PricPR

Edwards’ fancy model-which I reckon is about as reliable as a weathervane in a tornado-shows Bitcoin’s market price has taken a nosedive, dropping 15.60% to a paltry $62,099.03. But here’s the kicker: it’s now floating below the mystical “Discount Factor” line, which supposedly points to a glorious $120,000 on the horizon. If only we could hitch a ride on that rainbow.

In a move that smacks of a man abandoning ship with a jaunty wave, Hoskinson announced, “I’m taking a break. TTYL,” leaving the crypto world to ponder whether “TTYL” stands for “Talk To You Later” or “Taking Tea, You Lot.”