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camus2 | 8 years ago

> The case of bitcoin being safe haven is probably only apply in the long term. It's quite obvious the price is heavily speculated now.

There is no "safe haven" on the long run, it has been a cycle of pump and dump schemes, no more, no less. and it will continue, Right now the exchanges are dumping their crypto and buying fiat.

An investment vehicle as volatile and unregulated as Bitcoin cannot be a safe haven. Bitcoin has lost more than 60% of its value in 4 weeks. It's rife with scams, fraud and exchanges that just steal people's money pretending they were "hacked".

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