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It will eventually crash, because people aren't buying it to use it as currency, they ultimately seek to turn it into cash. This is why its whole value is speculative. In short, bitcoin will crash because people aren't looking to buy it, they're looking to sell it.
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It has nothing to do with his "on behalf of Alfred Nobel" prize. It has to do with the utter lack of fundamental value of Bitcoin. Pitiful transaction volume, 99% of which is used by speculators, not commerce, and prohibitively high fees mean that, right now, Bitcoin's value is
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practically zero. Its price is nearly 100% expected, not real. The irrational exuberance it's experiencing is killing any real value it could feasibly have with speculators using up 99% of the transaction volume and driving up fees to the point that the network is borderline
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useless. "Digital store of value" is word-thinking, used to rationalize an entry into a preposterously overpriced market. Stores of value are built on a history of purchasing power stability through use as a currency, not simply proclaimed because it would look silly to have no
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reason for Bitcoin's price to be this high. A lot of people, typically of modest means who are just now charging into Bitcoin's bubble, are going to lose a lot of money buying in now that professional talking heads have brought it into the mainstream.
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The mark of a a true professional is knowing when to say,"I really don't know. There's just not enough data/evidence/history."

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There's just not enough data/evidence/history to justify Bitcoin's market cap. It is extremely difficult to determine Bitcoin's "fair price"; but I can say with certainty that it's less than $250 billion. Given its near-nonexistent fundamentals, likely MUCH less.
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I had to work really hard to get through Micro&Macro Econ at college level, but these days that's better than just about anybody under 40.
?: Look at what happened US $ going off gold standard(now, ="quantitative easing"). So what"gold"does Bitcoin represent?
Money=symbols
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"Nobel Prize Winner" has little meaning since Obama.
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Well despite its huge jump in price we still have to recognise the fact that Bitcoin has no intrinsic value.
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Wide buy/sell spread, volatile pricing action, constrained liquidity, = inflation. I'll sell you a loaf of bread for a barrel of your cryptos.
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Bubbles pop, just like civilizations crumble. Time doesn't lie. Bitcoin is slightly different in that it isn't subject to government or banking policy guidelines so there's less instability associated with it...for now.
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Sarcasm is strong with this one.
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sure, maybe it crashes one day......5 minutes later though.....
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It will eventually.
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