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Originally Posted by woj
it does seem a bit bubble-like, just few months ago it was floating around $100, now it's $1000... without any good reason, it's not like amazon or ebay announced they accept bitcoins now....
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It's called speculation.. When the speculation is done with it crashes most likely because there is nothing to hold it at those levels. It will eventually crash that's a given, but if it can survive the crash from this amount, it should help strengthen it.