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December 24, 2013, 06:46:32 PM |
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I would agree.
And keep in mind that as a percentage of the total number of users, the majority of Bitcoin users are not investors... They're young techies who have more than likely never traded on the stock market even once. I believe these folks are cashing out for Christmas... These aren't investors cashing out, they're your average person who put $100 in and are now seeing $10,000. A few hundred percent of gains is just too tempting for most folks, especially around this time of year.
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