Post
Topic
Board Speculation
Re: Price forces?
by
highcoin
on 20/07/2013, 06:26:25 UTC
The whales can shake the price in the short term, but it will be the black swan cyprus like events that will give Bitcoin a value and reputation as a "global fiat escape currency". Whenever a government tries to take their citizens fiat, citizens will convert fiat to Bitcoin to avoid losing it to taxes. Bitcoin will be the Cayman Islands of currency one day.