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mk  ·  4289 days ago  ·  link  ·    ·  parent  ·  post: Bitcoin loses 44% of its value in one day. Dropping from over $250 to around $150

I don't see stability until a couple more halvings of the mining rate. However, when the total number of BTC approaches the 21M max, I think it is more likely that the price will settle down. Personally, I see BTC having more value (and being more practical) working as a commodity than a currency, but it could exist as some of both.