Bitcoin saw a drop which only rivals its March crash on November 26 as selling pressure resulted in a landslide to near $16,000. Data from price trackers including CoinMarketCap and TradingView showed BTC/USD falling dramatically in Thursday trading, losing $17,000 support and bottoming out only near $16,300.
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‘Mr. Money Mustache’ comes out swinging against bitcoin
Personal finance guru says investors should keep their whiskers away from the cryptocurrency
Is bitcoin good, or is bitcoin bad? Operating under the nom de plume Mr. Money Mustache, Peter Adeney is the Colorado-based personal finance blogger who puts forward a gospel of financial ideas built on strategically living below one’s means for sake of cutting costs. Collectively referred to as “mustachianism,” these ideas form a financial framework that Adeney himself used to retire at age 30. Nowadays he proselytizes his brand of money wushu in blog format. Mustachianism has certainly found its audience — Adeney boasts 85,000 Twitter followers and 100,000 Facebook fans. Devotees flock to his site to read his takes on topics that run from skepticizing one’s relationships with the…

