Quote:
Originally Posted by newB
Pretty much my own assessment.
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It's a sound assessment. But I don't think issue 1 and 2 make a difference.
Bitcoin was doing well long before the public caught wind of it. Somehow the public caught wind and blew it up all over the news causing mass buying pressure. Whether it's a pump and dump from the actual value of bitcoin or not, it's still a success and will still be used for money transactions.