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Bitcoin is a good investment.

Only if you're the one currently manipulating its price. Otherwise someone else will manipulate it, possibly not in your favor.

But as long as they manipulate it twice or somebody else manipulate it twice then you're golden.

While I don't believe much in the utility of bitcoin over say a ledger of USD it's hard to argue with historical data.

Ah yes historical events, the famously reliable predictor of future events until they aren’t.

Perhaps you haven't heard. Those who don't learn from history are doomed to repeat it.

The historical data for purely speculative assets is hard to argue with, indeed.