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I didn't get a paywall - maybe try a clean browser? Unless the last sentence is not "When the crash comes, and it cannot be too far away, it will be dramatic."
by f055 9y ago
I didn't get a paywall - maybe try a clean browser? Unless the last sentence is not "When the crash comes, and it cannot be too far away, it will be dramatic." But up to that point the article is weak, and these last words are lame. Bitcoin price increase is embedded into it, since it has limited supply by design. It will crash and burn when most of its participants quit it - which for now is unlikely. The fact that the price is so high is no indication it will crash and burn - only that the price will go down, and then, at some point, back up again.
- andyhmltn 9y ago>Bitcoin price increase is embedded into it, since it has limited supply by design Well no. A limited supply of something doesn't guarantee value. There has to be a need and a want for it in the first place. I could issue one of my socks a day for 20 days claiming a limited supply, but that doesn't mean they are going to be worth anything by the end of it.