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geneusutwerk  ·  4040 days ago  ·  link  ·    ·  parent  ·  post: Bitcoin loses 44% of its value in one day. Dropping from over $250 to around $150

The recent bubble in gold is most likely due to speculation, but gold has an underlying value. As of now the majority of gold demand does not come from investment demands but from jewelery and technology. Here is a chart with the demand in tons