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All coins are dropping not just those 4. This is just history repeating itself. I'm sure it will upset people who are currently losing a lot of money right now, but you'd have to be blind to not see this coming. Investing any significant amount in the last week has been highly foolish.

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Just mentioned yesterday how all the barbers at the shop I go to were really into bitcoin, which made me think the top was hit. Good thing I got out of there before I was scalped by accident.

Such cliche reasoning. If Bitcoin is going to be a successful currency and/or store of value, everyone and the brother needs to be talking about it (just like they talk about gold or the USD). I bet these same barbers have discussed the S&P500 and index funds, is it time to get out of those too?

It's a terrible currency, and I doubt many people are buying it because they believe in the underlying technology. It's all about getting rich quick. It may be a cliche but the logic is sound I think.

This is the history of Bitcoin. Booms and busts with no taxpayer funded bailouts. A decentralized and trustless currency is, in my opinion, the safest asset to have in the long term. The world's broken financial system is built on fraud and corruption. It won't end well for fiat bag holders.

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