Quote:
Originally Posted by AltonKelsey
What's the % of holdings that are used for actual purchases vs pure price speculation?
No way to know for sure, but I'd say less than 5%. Maybe way less
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At the end of the day won't it only have value if it can be used as a currency? If it's only used for price speculation then isn't it really just like the tulip bubble?
Are there other things that are traded for pure speculation and have no other value? I can't think of any off the top of my head