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Monday, 3 February 2014

These four charts suggest that Bitcoin will stabilize in the future

Will greed take over? There is little to say otherwise, but as long as the mining happens, the process is like that of beany babies. Try selling a beany baby now. Demand ultimately governs the price, not supply, and bitcoins value seems related to its anonymity and its ability to circumvent regulatory constraints on movement of funds. Hype driven and scurrulously useful?