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by tinco
3156 days ago
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Wine prices, gold price and art prices are all driven by genuine demand for them. Why would something have a price if there wasn't genuine demand for them? What do you base the idea on that only some of the price of art is based on speculation? I don't think Bitcoin is an outlier at all. And if you don't believe Bitcoin is an outlier, as many people are starting to do now, you can understand why its price is going up so fast. Gold prices don't do anything because they're "supposed" to do anything. Gold moons whenever the market decides it wants gold to moon, just like Bitcoin, just like wine and just like art. |
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