Quote from: julius on June 12, 2013, 03:54:35 PM

I agree with OP.
I can't think of a better way for the average Joe to realise how Bitcoin beats fiat than to get literally robbed by your bank, Cyprus-style.
We are bound to see more deposits and savings being seized in Greece, Spain, Portugal and Italy.
When that happens people will desperately seek ways of keeping their savings. Cyprus has only one milion inhabitants and the rumour of BTC being a possible alternative for its citizens got the price to skyrocket.
Spain and Italy have together almost 110 milion inhabitants. The consequences of 1% of the wealth of these two countrys going into BTC would be massive.

Longer term If the worlds governments don't shut down the internet, and right out attack Bitcoin which I'm pretty sure won't happen as you have some powerful people getting behind it, such as the Winklevoss Twins. The price can reach $1,000+ especially once the world's economy starts to go to utter crap again. We could see Gold price appreciation trajectory if not more.