Bitcoin new lows again, back to pre-euphoric rally levels

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by bigbear0083

 

Can we just all admit now that the technology behind it is great, but seeing as it can be replicated endlessly and improved beyond what it is now reduces the value of bitcoin. No to mention that when it becomes unprofitable to mine, people pulled the plug and cut their losses. It was a great trade to ride the euphoria, but it was never a good long term investment. I never touched it, but kudos to those who bought and sold at the peak and walked away.

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