For the price to reach this high some significat party has to join and buy.
Not Amazon accepting bitcoin directly but some huge bank buying bitcoins.
I don't see anything like this happen in the next year or so.
Not Amazon accepting bitcoin directly but some huge bank buying bitcoins.
I don't see anything like this happen in the next year or so.
I think the best for Bitcoin is a financial crisis.
Spot on! It will be the only thing that matters as the mess unfolds.
Maybe raising interest rates will help...
https://www.google.com/finance?hl=en&ei=0KORVaGTBIGH2Aa_4YKoDw
Well so far I only saw the negative growth of the global economy with Greece.
So far it seems Bitcoin and Forex are 2 completely seperate worlds, since they barely affect each other.
The upcominig 'crisis' could be a prefect way for investors to look for new investing oppertunties like bitcoin.
My wife asked me the other day, "What if I wanted to take all my money out of the bank, in cash?". I told her she would first need to talk to the bank and arrange for them to have that much cash on hand. Then she would need to fill out some federal forms. More and more people are starting to understand the value of decentralized digital currency since it gives you complete control of your money. As more people want to own at least one Bitcoin, or part of a Bitcoin, the price is going to go up.
I feel it's a safe bet that as the world financial crisis becomes more obvious, Bitcoin will become a much more popular way to secure investments. In the long run, volatility for fiat is going to be generally downward, and the volatility for decentralized digital currency will be generally upwards.
