“The Death Of Bitcoin And The Future Of Cryptocurrencies” – Seeking Alpha | $4,576.90

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So far, other than isolated situations, cryptocurrencies have not been used to facilitate commerce in the Mom and Pop World. They have been speculation vehicles that have drawn in people hypnotized by the out of this world run up in prices: $270 to $4700 in 8 months. Too good to be true. Sheep lured by the “Don’t miss out on this” psychology have bought, and bought and bought….

While we wait for Big Financial to take over this movement, if you own some Bitcoins, sell them now, please. Who cares if you miss some of the run up until it crashes? 

Eulogy made by: John Lohr

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Ofir Beigel

Owner at 99 Coins ltd.
Blogger and owner of 99Bitcoins. I've been dealing with Bitcoin since the beginning of 2013 and it taught me a lesson in finance that I couldn't get anywhere else on the planet. I'm not a techie, I don't understand "Hashes" and "Protocols", I designed this website with people like myself in mind. My expertise is online marketing and I've dedicated a large portion of 99Bitcoins to Bitcoin marketing.

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4 Comments on "“The Death Of Bitcoin And The Future Of Cryptocurrencies” – Seeking Alpha | $4,576.90"

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Marco
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Marco

You see? It crashed!
Nope, wrong.
It corrected.
It went up 100% then dropped 30%.
Pretty common practice for Bitcoin.
It will happen again before the end of the year: going up to 5000 or even 6000 dollars, then crashhh down to 4500.
Who cares: it can’t always go up, it’s being heavily traded and manipulated.
Meanwhile you stay there and watch… watch… watch… LOL

vans
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vans

Unless your trying to move large amounts of cash out of the USA bitcoin is pretty useless.

vans
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Member
vans

Bitcoin is without a doubt going to go much lower.

Nathan
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Nathan

BS. We’re on to you. More FUD from the whiny fiat camp.

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