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A comment on Bitcoin (BTC) is up by +22% in a single day, valued at over $14,600. Parent comment

Re:Bitcoin (BTC) is up by +22% in a single day, valued at ov... by arcticfox on Wednesday December 06, 2017 @07:56PM (#15866647)
As someone that has been in since 2013, I don't even recognize the current scene. The only reason the vast majority of people are getting into it is to get rich. It seems totally unsustainable, but the only incentives for people on the inside are to loudly convince others to join them.
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Re:Bitcoin (BTC) is up by +22% in a single day, valued at ov... by juanmirocks on Wednesday December 06, 2017 @08:01PM (#15866674)
Last day I saw a magazine on cryptocurrencies in a kiosk in Germany (in German language). As Warrent Buffett used to say, "When everybody and your taxi driver talks about your stocks... it's time to sell".

It's impossible to predict. Anyway, I'm investing with a buy & hold philosophy.

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Re:Bitcoin (BTC) is up by +22% in a single day, valued at ov... by tudorconstantin on Thursday December 07, 2017 @01:20AM (#15868066)
Crypto currencies are the first investment where everybody and your taxi driver gets to buy before the institutional investors.
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Re:Bitcoin (BTC) is up by +22% in a single day, valued at ov... by Gargoyle on Wednesday December 06, 2017 @10:02PM (#15867281)
I agreed with your first sentence, but then was confused by sentences 2 and 3. That's exactly the scene I recognize from 2011 until now.
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