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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

Thanks. So it looks like investment provides ~40-50% of the gold demand. I wonder if that non-investment demand is critical for it being used as an investment vehicle. It gives it a floor. Hm. Maybe Hallmark can invent a bitcoin holiday or something. :)