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April 12, 2013, 03:28:47 PM |
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Just stop it with the Tuplip Mania crap, it is not even the same thing even slightly.
Tulips were not a brand new untried technology in the time that occurred and really was investor stupidity and mania. Tulips were not used as a currency. There was a certain mania here, but the price right now reflects who stayed. BTC has not crashed.
Im also keeping in mind that there are external forces at work on Bitcoin, the fluctuations are due to the rise in use and additional outside fiat being converted into BTC, plus new media hype simply a lot of desperate people out there looking to get ahead, and BTC is red hot. Some by long term investors, some by get rich quick people, as in any market. There has been no failure of the protocol or the community drive to see it succeed.
I look forward to the next rise to $500
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