Topic: Euro Bank Run = Bitcoin Price Run-Up (Read 826 times)
I think you might be right. People are probably buying because they're starting to realize that no government can give your BTC balance a haircut while you sleep.
When the poll and prediction was made, Bitcoin was selling on Mt. Gox for 51 USD. Two days into it, we are at 65 USD. Europeans are going to start to have a large amount of funds qued up for purchase over the next couple days. Watch the volume boys.
Going from a dying currency to the most perfect one ever invented. Who wouldn't want to jump that ship? All that cash being pulled out right now is staggering my friends. It has to go somewhere.
It's just the beginning. Just wait till the institutional investors get involved. You haven't seen anything yet.
The serious money hasn't even begun to flow.
Going from a dying currency to the most perfect one ever invented. Who wouldn't want to jump that ship? All that cash being pulled out right now is staggering my friends. It has to go somewhere.
It's just the beginning. Just wait till the institutional investors get involved. You haven't seen anything yet.
The serious money hasn't even begun to flow.
I never even thought they were related but this is a pretty interesting topic, looking forward to the result.
Please complete the poll associated with this post
We will be seeing increasing numbers of euros being exchanged for Bitcoins. There will be a 2-3 day delay due to how difficult it is to upload funds through feeders or intermediaries. Buy those Bitcoins now while prices remain low. Miners, hold those coins.
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