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Cryptocurrencies

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Increasingly confident that the bubble is bursting. Gonna be a bumpy ride down. The smart 1% will get out and bag whatever profits they have, the other 99% will lose their shirts.
This time in 2020 it'll be joked about as the $hitcoin bubble.
 
They are all taking a pounding today

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Answer me god dammit. How is it a currency when it’s worth thousands???
Isn’t this just a collectible?

I think it’s a currency because you can trade or buy things with it.

Most of this thread is people talking about buying bitcoin currency with the hope of selling it on at a later date for profit.

A bit like buying loads of Euros using pounds when the euro rate is good, then selling again when it’s bad to make some profit.

I may be wrong like, but there’s a lack of actual people willing to talk about it in this thread. They’re either wannabe Wall Street loons, or those who think all bitcoin is good for is buying crack on the dark web haha.
 

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