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by repox 3101 days ago
I never invested in Bitcoins. I've been asked by many people the past few weeks whether or not they should invest - truthfully, I told people not to and wait to the current "wave" of popularity was over.

I genuinely don't know that much about speculation in currency, but is this "burst bubble" really it this time? Is this supposed to be the actual end of actual value for Bitcoins now?
2 comments
asciimo 3101 days ago
Bitcoin has "died" hundreds of times. Here's an article discussing its doom when it dropped 50% (down to $108) back in 2013: http://nymag.com/daily/intelligencer/2013/06/bitcoin-sees-th... It has been the same technology since 2009, regardless of the market around it. I think that there is real value in that technology. The world is trying to measure this value, and having an awkward time of it. Let's check back in 10 years. :)
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bpicolo 3101 days ago
> actual end of actual value for Bitcoins

Do keep in mind that people tend to massively overreact to any bitcoin-related movement. It's at 13k now, back where it was like 3 weeks ago.

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