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by mike_hearn
4166 days ago
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> excessive speculation is the reason why bitcoin is in so much trouble. It never became a proper currency. I'm not convinced such arguments have legs these days. CHF and ruble are seeing massive volatility, are they not "proper currencies"? Bitcoin is a proper currency. It's just that it's economy is tiny, so just like little Switzerland the currency gets battered a lot by speculators looking to make money. |
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