Dont you think guys it will become market indicator, kind like a starfish? Im not sure if this is good.
Interest rate is one of the most important fundamental indicators in forex market. Same thing will apply to Bitcoin market too.
When interest rate rises, there will be an upward pressure on the value of the currency.
However, this is not likely to have a significant effect now because the money market is very small, and Bitcoinica is the only guy that offers interests for Bitcoin deposits.
Thanks for the info. I hope it wont have significant effect, unlike starfish which does have tremendous effect apparently.
. I already got few swap dollars from my position 