Originally Posted by
Optimistic Nick
Steady on there. Not everything bounces back. Although I suspect you are probably right in the medium term, the wall of governmental pressure is going to have an impact at some point and Bitcoin is a relatively limited currency. These things do have a function and there are coins that function better than bitcoin. At some point the value will be placed in that utility and who knows? Bitcoin may find itself a long way down the pecking order. And let's be honest, a lot of these currencies won't actually survive.
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