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A comment on China bans new Bitcoin deposits. Parent comment

Re:China bans new Bitcoin deposits by mcv on Wednesday December 18, 2013 @04:47AM (#6926698)
That sounds reasonable. I've got some money sitting here waiting for something to invest in. I didn't want to get into bitcoin at $1000, but $400 looks pretty reasonable considering past performance.

Still, if China is really getting out of bitcoin, how much does that past performance still eman?

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Re:China bans new Bitcoin deposits by bendoernberg on Wednesday December 18, 2013 @04:57AM (#6926729)
China only got in this fall. The price had stabilized around $100; since then there has been a massive increase in merchant adoption, VC investment, popular awareness and userbase. In my opinion, the past two months has absolutely added value to the Bitcoin network, and so I expect it to remain significantly above $100.
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