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RE: Why I'm Negative on Bitcoin

in #bitcoin7 years ago

Of course it matters - if your investment goes down 80%, even if it ultimately recovers there is still going to be a time where you lose a substantial amount of money and there is no guarantee that it recovers either which will emotionally strain you. As said in the video / description, there are two separate worlds: Investing & Technology. Technology won't care if price goes down 80% (well except capital will dry up which means less funding so slower progression), but investors all should care.