It wasn’t a bitcoin bubble, it was a cryptocurrency bubble.

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Some points to understand re: the sharp drop in the price of bitcoin observed since 0800 May 25

  1. It was a crypto bubble, not a bitcoin bitcoin. In fact other cryptos including Ethereum (strongest competitor) dropped relative to bitcoin. This proves that bitcoin is still market leader

  2. Unless everybody grows tired of the whole cryptocurrency 'experiment', bitcoin will rise again and will reach new highs

that is all

submitted by /u/moneronoel
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247 Bitcoin

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