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I think the sheer fact that this exists, BTC is on BBG and regularly mentioned in FT etc means the only way is up.
by phyalow 13y ago
I think the sheer fact that this exists, BTC is on BBG and regularly mentioned in FT etc means the only way is up.
- deleted 13y ago[deleted]
- phyalow 13y agoThe two are not mutually exclusive but in fact highly correlated. I would argue adoption is a function of market cap, volume and price. Stability will come, but BTC has a lot of appreciation to get through which will not be easy.
- davidw 13y agoDo you foresee a permanent plateau at some point, or just up and up?
- phyalow 13y agoBTC will become the global CONSUMER method of exchanging value. Up and only up (of course volatility will persist during the initial stages of breakout). Exciting times are ahead.
- peteretep 13y agoWhen I can get a government-recognized financial product - 401k, ISA, current account, whatever - that is linked to BTC, in most major developed countries, insured against theft, the market-distorting factors should be gone.