IS there something we're supposed to drawn to by this or some opinion you have on this person's talk?
Personally I'm dismissive of the guy's opinion, from the way he was talking it sounds like he thought bitcoin was a US-only currency. He said price would remain low for another year because of US-specific market context.
His business is located in NY, US and his target customers are Americans, + the interview was about him and his company, so ofcourse hes talking about US market.
The real question is; how much of trading is really originating from Americans in the overall bitcoin trading, and this cant be simply answered judging my exchangers location,
so its a bit of a deeper question.
One thing he confirmed tho, and i am saying the same for some time; if/when regulations are put in place, there will be one big mistery solved, and if the regulations dont cripple the ability of corporate money getting into bitcoin trading, we will see even greater jumps than what we saw when chineese market started the last bullrun.
if that happens, i strongly believe we will pass (price before+100%)mark in the same week.
cheers
