That's some good dip.
I'm a long term believer in bitcoin. I suspect the dip is because people need to spend usd on other debts. Perhaps rent payments or other things that are coming due and must be paid in Dollars.
But over the long term, with countries and Miami getting on board with it in a governmental way, and banks still being worse at just doing their job of processing transactions, bitcoins practical value proposition is or will become much more obvious.
(post is archived)