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Re:Bitcoin Falls Below $20k for the First Time Since 2020 by sentirism on Saturday June 18, 2022 @08:57AM (#31789424)
In a sense, it could be good for bitcoin long term for the speculative mania to die. Then it can possibly find some price stability to actually function as a currency.

This is all standard speculative mania stuff right now though. The bubble burst, next the scams are uncovered and wiped out, regulation comes in then to "protect" investors from being scammed in the same fashion in the future.

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