Doubt it. Network effect goes beyond the US, its media and the English language.
Could it be that the reason behind the rise of BTC is that the general public is being constantly exposed to such headlines?pic.twitter.com/dSvAIBEn2i
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It’s the 2001 bubble with Coinbase instead of eTrade. Like in 2001, I believe there’s long term value but the surge in price is preemptive. Look for a crash when the tips given at the Thanksgiving table cash out.
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out of 13 million coinbase accounts, only 14,000 traded in volumes exceeding 20,000 annually
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there is something to be said about a technology where ppl all over the world can participate in this type of speculation
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AI even a bigger bubble than bitcoin ;)
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The social psychology of this entire thing is totally crazy. However, the entire thing got legitimized with the CBOE futures. The 100,000 figure may actually happen because of a short squeeze.
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Scam the World!!!
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You should know better. The markets are not rational. Prices break when they do.
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I need to find those 0.03 bitcoins I mined 3 years ago.
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I mined 20 bitcoins in the first month it started when I was a kid for fun. That hard drive was dead and gone a long time ago. Tried my best to bring it back, but simply won't work. I wonder how many like me are out there.
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