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geneusutwerk · 4289 days ago · link · · parent · post: Bitcoin loses 44% of its value in one day. Dropping from over $250 to around $150
I think the problem is that if its value is solely derived on people investing in it then it will never be stable enough to be used as a real currency. I think the crash (if it continues) is good for people who want bitcoins to be used as real currency because it will hopefully scare away people that are just using it as an investment. W