What a terrible post. It doesn't justify buying bitcoins at all, it's basically squiggly lines go up and down, it just went down, so buy it before it goes back

What a terrible post. It doesn't justify buying bitcoins at all, it's basically squiggly lines go up and down, it just went down, so buy it before it goes back up again because that's what squiggly lines do. At some point he equates the price of bitcoin with bitcoin's long term viability which is also not a convincing argument. bitcoin may have a viable future, but there's no convincing reason why that viable future can't be at $1 per bitcoin.