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RE: Tom Lee: "I think Bitcoin is going to easily take out its all time high"

in #bitcoin6 years ago

I think the fact that bitcoin hasn't changed much is exactly what gives it appeal as a store of value. If it was constantly being tweaked and updated, people would lose trust in it. I think the lack of development is a feature rather than a bug when you want something to be digital gold.

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I never looked at it that way, but good point.

According to Lee, that is something the look at. When it was down 80% many thought it would never come back.