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RE: Bitcoin headed to $100,000??

in #bitcoin7 years ago

It's like owning stock in Wal-Mart in the 70's. The value isn't in the overall success of the stores or the real assets of the company-- It's in the companies retail and distribution model. It's the same with cryptocurrencies. Their value at exchange is probably mostly speculative but their real value is in the technology itself. There's a lot of ways of fathoming the whole thing though.