Post
Topic
Board Bitcoin Discussion
Re: The Impending Global Negative Interest Rate Regime Bodes Well for Bitcoin
by
belmonty
on 21/08/2016, 17:44:32 UTC
...

personally i dont think there will be a big bitcoin buy-up due to BoS, but the news itself of stupid idea's banks come up with that have no rational reason, or proves that banks are bad.. can only be a good thing for real asset holders like bitcoin

If enough people buy a small quantity of Bitcoins to hedge against all the crap going down with fiat then it could result in a big bitcoin buy-up. I'm sure some Bitcoin holders who found their Bitcoins going up in value as their fiat crashed against the dollar told their friends and family about the profit they made. The people they told might decide to buy a small quantity of Bitcoins themselves as a hedge. If they make profit some will tell others about it, and perpetuate the cycle.