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>The gains can be explained by nothing else than mania and speculation. This was always the case for Bitcoin. Why would ever use it as a currency when its valu
by deeeeplearning 6y ago
>The gains can be explained by nothing else than mania and speculation.
This was always the case for Bitcoin. Why would ever use it as a currency when its value can swing +/- 20% in a single day, that would be ridiculous.
- apta_ 6y agoThe hypothesis is that its value will stabilize eventually. Many are using it as a store of value to resist government induced inflation.
- deeeeplearning 6y agoWhose? Bulls trot out the "Bitcoin to $1M" trope all the time, that hardly seems stabilized to me.