in fact bitcoin is the need of the day. i think bitcoin is increasing day by day and hope that very soon the use of bitcoin will become more and more popular and that is the need that bitcoin will be the first priority of the people.
The price of bitcoin is increasing because of different factors .If EFT is approved the price would increase instantly and the if not i would take some time to cross the price over two thousand dollars.Hope the Chinese would not come up with a new tactic to reduce the price of bitcoin with FUD news.