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by vader1 4826 days ago
Most Bitcoin supporters agree that there are only two possibilities in the long run: either a fundamental flaw in the Bitcoin code or economics is discovered and the value drops down all the way to zero; or Bitcoin reaches a point of global acceptation causing the value to reach way, way above 200$.

For someone who leans towards the second outcome, they see the recent rise as a 'correction towards the true value' rather than a bubble.

1 comments

If it's not a bubble, it's the first hyper-monetization. http://konradsgraf.com/blog1/2013/4/6/hyper-monetization-que...