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To: Citizen Zed

“They have doubled in price in the last six months”

And yet are still worth only one third of what they were worth two years ago, which mean six months ago they were worth ONE SIXTH of what they worth 18 months prior to that!

And the rest of the article is complete gibberish as well, with not a single sentence to support the article’s contention that: “Bitcoins have *JUST* gotten serious”.


14 posted on 02/19/2016 11:21:40 AM PST by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: catnipman

The drop was due to a couple reasons: A) the Chinese locking down their citizenry from trading in BTC. B) The thefts of wallets by trading sites (only a few, but significant). The Chinese are slowly getting back into the game and are also trading in LTC now (which really took a nose dive but seems to be slowly recovering).


16 posted on 02/19/2016 11:30:22 AM PST by Ghost of SVR4 (So many are so hopelessly dependent on the government that they will fight to protect it.)
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To: catnipman; MeganC
And yet are still worth only one third of what they were worth two years ago,

Tell that to Megan. Since she is calling this a currency, this is equivalent of taking out a 2 Year CD and getting a -33% (negative) interest rate.

No thanks.

19 posted on 02/19/2016 12:18:02 PM PST by catfish1957 (I display the Confederate Battle Flag with pride in honor of my brave ancestors who fought w/ valor)
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