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The 2018 part for Bitcoin is bad. In yesterday's negotiations, the queen of cryptocurrencies has extended losses from the record of $ 19.511 touched last December 18th. According to Bloomberg data, yesterday the virtual currency fell below the threshold of 14 thousand dollars (-4.8% from Friday) to $ 13.624.56.

Meanwhile, the criticisms of the boom in cryptocurrencies that have left behind one year, 2017, are not arrested. In an interview with CNBC, David Stockman, former Director of the US Office for Administration and Budget , warned investors that spectacular growth in cryptocurrency prices will end badly. Indeed very bad.

Stockman has not spared his criticism of those who invest in these assets, calling them "stupid speculators convinced that trees grow up to heaven".

For Stockman, the bitcoin fever will end with a "spectacular crash". But Stockman's negative prophecies are not just about Bitcoin but also about actions. Repeating what was said last September, when he anticipated a fall of between 40% and 70%, the economist said he expected "a huge storm will eventually overwhelm the stock".