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15/11/17
08:29
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Originally posted by vagabond84
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Best not to pay heed to conspiracy theories around bitcoin, in my opinion.
The investment case for bitcoin is this: bitcoin is going up because people are buying, and because people are buying bitcoin it goes up.
I cannot see any change to this paradigm, unless something drastic happens. 2 such things might be that someone finds a way to dupe bitcoins, or there's a serious global recession. Both seem unlikely in my opinion, and I can't think of anything else that might derail bitcoin (regulations = not coming anytime soon judging by key banking officials comments), so it will keep marching higher in all likelihood.
(Note that bitcoin is very much speculative. I do not recommend anyone invest anymore than they can afford to lose)
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This was based on what happened on the weekend with the huge attack on the bcc/btc scenario which was really an unusual event.
https://pastebin.com/n0aGBMQr if you go to the the story(rumour) this was a planned attack created well before the beginning of July