Bitcoin's price hit $5,000 last week. It's still a dumb investment


SUBMITTED BY: Sajal2017

DATE: Sept. 6, 2017, 2:37 p.m.

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  1. Late last week, I noticed a spike in what we might think of as a certain financial index. It wasn’t the trading in a financial instrument per se, but in the online traffic in a column I had written in December 2013. The column examined the recent crash in the price of bitcoins, which had plummeted to $600 from $1,200 in just two days. The headline read:

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