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mk · 4021 days ago · link · · parent · post: U.S. Agencies to Say Bitcoins Offer Legitimate Benefits
Yeah, there was a big sell-off at about $900 to $600, although it's already clawing its way back. I totally agree that manipulation is going to be big for quite some time to come. Also, the spreads between exchanges are bizarre. My long term guess is that bitcoin has a 50% chance of growing enormously. Until recently, it was 30%, but these Senate hearings make it sound like the Winklevoss's ETF might actually happen.