Post
Topic
Board Economics
Re: I need bitcoin to be $690 to break even.....will I make it?
by
arallmuus
on 18/06/2015, 08:15:16 UTC
Don't you think if the US would start raising interest rates then investors would prefer a currency that yields % by itself instead of picking BTC that yields no interest whatsoever?  Huh

Even without increasing the interest rates, people would still be much more interested in putting their money to yield interest for them rather than putting it in form of BTC that yield no interest. However if there is much demands for it and the price of BTC is high enough than this interest rates wouldnt be a problem at all