The Atlantic has slapped together a Bitcoin Collapse Calculator that shows you, in real time, how much value Bitcoin has lost since it hit its high on April 10th. Hilariously, they even show how much the Winklevoss twins (who just yesterday were referred to in the New York Times as “Bitcoin moguls”) have lost. At the time of this writing, they’re down $21,017,340.59 of what I assume is their dad’s money. This is a tremendously satisfying way to spend a few minutes.

UPDATE: Oh, good. Gold is rapidly losing value, too.

4 replies on “Watch Bitcoin Collapse in Real Time”

  1. The trend of the day from our all mighty bankster overlords: Must. Destroy. All alternative currencies.

    Oh yes, I know how much Paul Cherishes the petro-dollar (backed by debt and military force) and the fake, inflated bubble economy that is Wall Street. Because when the Dow closes at record high’s, everybody wins! … Paul, remind me how much per ounce was gold a silver ten years ago?

    Meanwhile, in the real world, premiums on actual sales silver are still rising:
    http://d1w116sruyx1mf.cloudfront.net/ee-as…

  2. The Winkelvosses own shares in Facebook and also received a settlement. They have their own money to lose. And you don’t like them because you . . . like Mark Zuckerberg? Because you’re a big Facebook evangelist?

    Or is it a MOVIE about Mark Zuckerberg that you liked? You like him because he’s . . . a rebel or an underdog or something? Huh. Because he’s not. Facebook = Orthodoxy. In fact, Facebook may be more orthodox than anything in the world, ever.

  4. The reason that the Mercury is down on the Winkelvi twins is because they went to Harvard. Everyone knows that the Mercury is full of Yalies.

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