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A comment on Bitcoin dropping after BTC China said it is closing. Parent comment

Re:Bitcoin dropping after BTC China said it is closing by SilasX on Thursday September 14, 2017 @01:24PM (#15250232)
>Every time bitcoin slips a little, the anti-bitcoin crowd claims victory and it's kinda hilarious. The summer of 2015 BTC was around $200, it's now over $3,000- so up 15X in a bit over 2 years. This is failure? Why is down $500 failure but up 15X in less than 30 months not success?

And if it steadily goes up, "Deflationary Currencies Can't Work".

And if it stays steady, "The market cap is too low to take on the world's transactions while remaining stable."

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Re:Bitcoin dropping after BTC China said it is closing by Nursie on Thursday September 14, 2017 @01:25PM (#15250244)
>> And if it steadily goes up, "Deflationary Currencies Can't Work".

Well it's true, the price of BTC rising steadily is not something which refutes that argument, particularly as BTC doesn't seemed to be used much as a currency.

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