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The European Central Bank says bitcoin is on an ï¿½artificially induced last gasp before the road to irrelevanceï¿½, in a scathing intervention. External competition isn't the only reason Rogoff believes bitcoin will collapse, though. According to the economist, governments could end up crippling the. Last week, veteran investor Mark Mobius told CNBC that bitcoin could crash to $10, next year, a more than 40% plunge from current prices. The.