Interesting approach, and not unreasonable, I'd guess. Current demand (presumably resulting from its recent traction in China) is insane. Price is marching str

Interesting approach, and not unreasonable, I'd guess. Current demand (presumably resulting from its recent traction in China) is insane. Price is marching straight up and to the right even as I type this. So, looks like the demand from new entrants is establishing at least a new range. Barring some horrible news, it's becoming difficult to see the sharp drop we've seen before. But, I guess that depends on how you look at it: The new entrants are either feeding the bubble or they're actually transferring wealth into BTC for the longer term. This article suggests the latter: https://news.ycombinator.com/item?id=6756614 https://news.ycombinator.com/item?id=6756614 EDIT: In addition, there seems to be a momentum building around BTC with Senate hearings today, more recent VC activity, and more media coverage, etc. I'm wondering if we're seeing a threshold-crossing here, and we'll look back to see this as the moment when BTC's future as a real alternative currency was sealed.