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Topic: bubble imminent - page 7. (Read 16750 times)

legendary
Activity: 1232
Merit: 1076
February 12, 2011, 02:09:33 PM
#1
Yesterday night there was 1.1 BTC per $. This morning it was 0.9 BTC per $ briefly.

- Small core community.
- Not many services. People mainly using bitcoin as an investment vehicle.
- Sharp increases in value.
+ Linux users tend to be idealists and not invest in something because of money necessarily.
+ Lots of outside interest recently.

I conclude a large chance of a bubble soon happening.
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