Not long ago I explained Bitcoins, but now it is time to talk about the big Bitcoin crash. Over the last few days the value of the virtual currency has fallen to $563 per Bitcoin (at the time of writing this article) from as high as $1200. Bitcoins have come crashing down in the past few days but this should not come as a surprise as a similar trend was spotted back in December 2013. Then it was due to China’s Central Bank’s warning against treating Bitcoins as legal tender. The warning was issued in a notice jointly released by the People’s Bank of China (Central Bank) and four… read more