I don't get why all these savvy "Wall Street" investors are waiting until *after* the next round of pointless senate hearings to invest. If they're so interested in the future of bitcoin (as many people here seem to believe), then why not start investing now BEFORE the prices begin to skyrocket. Isn't that kind of the point of investing?
Why would they waste all their money when the Chinese fall out still hasn't occurred? The market is currently driven by an illegal Chinese exchange about to be shut down any moment.
where did you got that from ? the business model of BTCChina is still legal and they still can operate under these conditions, they just need to figure out a deposit solution, BTC-e is operating normally even though getting cash into the exchange is almost impossible.
and wall street is the serious money, they wont jump in until there is a clear guidance from US government about bitcoin, they need to understand what they are dealing with.
Second Market Founder and CEO Barry Silbert seems fairly confident in this doesn't he? Smiley
And what will the price per coin be then? I guess it just depends on how many there are available on the market but we are really early in this game for sure.
what will be the price of bitcoin ? I want to remind everyone talking about how we reached the top.... Bitcoin by design doesn't have a top, Bitcoin by design will have constant growth, anyone talking about a top have no idea of what can bitcoin do.
although Traders always looks to the short term of things, investors looks to the long term of things, let me explain, no matter when you bought Bitcoin you will be wining, just imagine buying in 2009-2010-2011-2012 wouldn't be a win for you today ? sure there is a huge volatility here but the long term investors always wins and this is what I mean with the constant growth by design....
