Need this to go up abit and gain some strength again.
Oh and recent news, ETFs are looking to include bitcoin in there funds see:
http://www.bloomberg.com/news/2013-07-12/diamonds-and-kazakhs-and-bitcoins-oh-my-an-etf-parade.html93.00 - cheap. I would buy.
http://www.bloomberg.com/markets/economic-calendar/The US Treasury bonds are redeemed tomorrow, tell me what you guys think will happen to the dollar and btc / usd price if the yeild / interest rate goes up on treasuries ?
I'll tell you what, the USD will fall and the price of Btc will be higher. Might not be much but should be significant.
BUY BUY BUY
93.00 - cheap. I would buy.
http://www.bloomberg.com/markets/economic-calendar/The US Treasury bonds are redeemed tomorrow, tell me what you guys think will happen to the dollar and btc / usd price if the yeild / interest rate goes up on treasuries ?
I'll tell you what, the USD will fall and the price of Btc will be higher. Might not be much but should be significant.
BUY BUY BUY
Don't ppl flock to cash when interest rates go up because of anticipated deflation? plz correct me if im wrong. I'm a very stupid person.
Do you really think there will be deflation with Ben Bernake printing $40Billion per month ?
The inflation we are seeing atm is still relatively small, because the money is a the top and not making it down into the hands of normal people, if / when it does then you will see much higher inflation very quickly.