@zer0hedge...bro I'm using BTC as a payment gateway, pretty much don't care at what price it is trading, main concern are the Fees and Volatility at lesser extend... "Adena Friedman" - that figures. Jews are found everywhere ones they heard rustle of FED Reserve notes..But BTC is hardly dying. Using numbers from coinbase, BTC rose from a low of 734.64 on January 12, 2017 to a high of 19,891.99 on December 17, 2017. That was a 27 fold increase.This steep correction was needed and not surprising. Things are just heating up as Wallstreet prepares to dive deeper into crypto world.Remember the path or cycle. Wallstreet peddles it to Mainstreet and leaves the retail holding the bag. Give them a few more years. They are just getting started. The decline was a typical shakeout of weak hands. They want the BTC to sell later at a higher price before the real collapse years from now.It's a difficult thing to predict. That pricing mechanisms are just totally broken. A loss of faith in USD could either end in hyperinflation from people offloading it, or end in a kind of ultra-deflation in write-offs and mark-downs because most of the currency out there is actually debt just masquerading as money. I've had to strike an awkward balance between cautiously protecting what I do have for hyperinflation, while also making some wild ..thank you for sharing with us...
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I didn't know about Friedman figures.tnx bro for sharing.