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It is impossible to know because there is no objective way to price Bitcoin. There's no way to say that all the bitcoin in the world should be worth exactly $x.
by rspeele 6y ago
It is impossible to know because there is no objective way to price Bitcoin. There's no way to say that all the bitcoin in the world should be worth exactly $x.
It all depends on what the market perception of that drop is: "this is the end, oh fuck, sell everything" or "ooh buying opportunity".