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Topic: the perfect storm? - page 2. (Read 2821 times)

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November 14, 2013, 12:35:22 PM
#1
with Christmas season approaching, more people will have money on their minds, both in spending (gifts, donations, end of year tax purchases) and receiving (Christmas bonuses, monetary gifts, etc.). The media is keenly aware of this and will probably be talking quite a bit about the economy and subsequently, Bitcoin - as it's outperformed every other investment opportunity this year. I wouldn't be surprised if we hear more of the "got rich quick on bitcoin" stories surrounded by ads of expensive cars, diamonds, and other goods most people go into serious debt for....     

Also keep in mind the amount of parties happening from Thanksgiving (US - Nov 28th) to Christmas. I would think many who talk about finance at these parties would also be talking about bitcoin, as they did when the dot coms were taking off. So, although there may be some selling off before christmas, I do think we are going to get a lot of new buyers in the next month through January. I'm open to being wrong, but my gut tells me this is going to go really viral and the numbers will be around $800 or more by Christmas.

Just some ideas I wanted to share. Any opinions?
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