Post
Topic
Board Beginners & Help
Re: will the bitcoin reach $1000 one day...?
by
Rassah
on 27/08/2013, 23:51:17 UTC
Depends on how suicidal the U.S government and Federal Reserve is feeling, there's every possibility.

Agreed! They're both acting like Kamikaze at the moment! If the US needs a Greek style bailout, or worse a Cyprus style bailin, the bitcoin price will skyrocket!

US won't need a bailout, as it prints its own currency. It can just print more of it, and inflate the debt. Also, government spending deficit is decreasing considerably due to the fiscal cliff.

No, I think we'll have to rely on actual adoption and use for this one.