Speculators may get rich in BTC, but high prices do not validate bitcoin as a cu... | Hacker News

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cmbaus on Nov 19, 2013 | parent | context | favorite | on: 1 Bitcoin = 1000 US dollars

Speculators may get rich in BTC, but high prices do not validate bitcoin as a currency. High volatility is not a desirable trait in a trade medium.

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