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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

by repox 9y 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?

bpicolo 9y 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.
asciimo 9y 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-the-grim-reaper.html 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. :)