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A comment on Bitcoin rises. Parent comment

Re:Bitcoin rises by wmf on Tuesday March 19, 2013 @09:59PM (#5405101)
People buy BTC to buy ASICs, but then the ASIC vendor immediately sells the BTC to cover their costs. It should have no net effect on the exchange rate.
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Re:Bitcoin rises by eru on Friday March 22, 2013 @02:43AM (#5421693)
Depends. If the buying comes before the selling, it might bootstrap the price to something positive.
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