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RE: There is Little Chance Bitcoins can Sustain any Real Recovery Until This Fundamental Metric Begins to Turn Upwards Again
Interesting, I also have checked the price of Bitcoin since recent huge drop. I would say in the future many cryptocurrecy will be classified into two categories; coins backed useful tech or not.
It may take years but coins that eventually find no use will likely slowly wither. Especially when there are coins that are backing useful tech then and are actually being used and growing.