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it's useless as a currency while speculators are making its value so volatile. The sooner this bubble pops and the get rich people go away, the better.
by fnord77 9y ago
it's useless as a currency while speculators are making its value so volatile. The sooner this bubble pops and the get rich people go away, the better.
- dagw 9y agoOnce the current batch of speculators cash out, volatility settles and it starts getting used as a currency then its price will start to edge up again, bringing in a new wave of speculators who drive up volatility making it less useful as a currency and loop starts over.