To be quite frank, this is very healthy. We boomed from $3000 to $20000 with so much pressure, it was bound to fall back to test the levels.
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To be quite frank, this is very healthy. We boomed from $3000 to $20000 with so much pressure, it was bound to fall back to test the levels.
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It's true what you say. I bought my BTC 2 years ago when it was below $1000. A year later it was at $20000. While there were no real use cases - only the idea of crypto as an investment opportunity.\n\nOnce the use of Blockchain tech becomes more mainstream, i expect the prices to go up at a more healthy pace....
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This is one of the main reasons I don't have too much faith in Bitcoin. There are a lot more payment based blockchains which function better, from XLM to DOGE (honestly), just that BTC maximalists and miners comprise most of the crypto ecosystem and they're so stubborn it's getting pathetic
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