Post
Topic
Board Economics
Re: Why is bitcoin price not going up?
by
AliceWonder
on 28/06/2013, 16:27:32 UTC
Most likely because little new fiat money is coming in.  Same people buying/selling.

Once the FinCEN thing settles down and it becomes easier to aquire bitcoin in the United States prices will go up.

https://billpayforcoins.com/index.php

Services like that, assuming they survive and aren't shut down due to paperwork issues, will help make bitcoin a viable option in the United States and more mom & pop type businesses will start accepting bitcoin payment - peaking the curiosity of their customers and thus increasing demand.