Quote from: Walsoraj on September 08, 2013, 03:23:59 PM

Quote from: MrVivaldi on September 08, 2013, 03:04:49 PM

The coalition of the willing will strike Syria causing the prices of commodities to rise. This in turn will affect energy prices which will lead to an increase in BTC prices.

Bitcoin goes up when new fiat enters the system. This includes when stupid Americans pour money into Gox, erroneously believing that Cyprians will do the same. Bitcoin also goes up when Americans are terrified of Gox's possible insolvency and buy coin to exit.

Americans will not pour money into gox as a result of the Syrian situation because (1) Gox withdrawal issues and (2) too close in time to the previous bubble. The other exchanges are irrelevant. Money doesn't "pour" in like it does to Gox. Bitstamp, etc are used primarily to cash out.

Great post Walsoraj!