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The extreme volatility on Wednesday cooled a lot of people off, prompting some to call Bitcoin a bubble to be able to burst, and caution everyone about taking it too seriously. However, the The big apple Times reported that dangerous investors for instance the Winklevoss twins obtained Bitcoin.
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JK: Do not see it so up to a bubble, but rather an extended period of volatility. To your see points where the price jumps up and bumps down, I don't see the exploding, it's very volatile because it's extremely new, and enthusiastic about are jumping on it too abruptly. Some others who got into it early are cashing out right at the moment. I think the price is gonna be change noticeably over the other 6 months and couple of years. Right now there are I decide 500 merchants accepting bitcoins through Bitpay, you could rent hotels with bitcoins, and the best way to are accepting it as being a form of payment. Wordpress is the 25th popular site internationally and they accept bitcoins.
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