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At the moment of writing there is $394B worth of "trust" in the crypto coin markets. Before you say it's speculation, let me point out that speculation still op
by kfk 9y ago
At the moment of writing there is $394B worth of "trust" in the crypto coin markets. Before you say it's speculation, let me point out that speculation still operates on trust: the trust of exchanging coins on the market, the trust the blockchain would not lose their transactions, etc.
- user5994461 9y agoThere is no dollar amount attached to bitcoin. The moment a fraction of the coins are being sold, the exchange rate will drop dramatically. Not to mention that a vast portion of the coins are probably lost in forgotten wallets, while the rest is in the hands of the early investors who will never sell it to not drop their value.