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Not that I disagree with them, but their forecast is based on never believing it would work in the first place. All their reasons for it continuing to fall are reasons it should not have reached its ridiculous, frenzied peak.

> Our view that cryptocurrencies would not retain value in their current incarnation remains intact and, in fact, has been borne out much sooner than we expected

Thanks guy; really went on a limb there with 80% of the world hesitating to jump into bitcoin because they thought it was a bubble. Very newsworthy opinion you have there. I'm glad you admit you had no idea on the timeline either. That was generous.



Yeah, I might believe that it's never coming back after I see how the next Christmas rush goes.


Why would there be another Christmas rush?


* shrug * Why was there even one?




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