Quote from: gjgjg on October 28, 2013, 11:56:59 AM

Quote from: wesleybruce on October 28, 2013, 07:09:53 AM

Many things will drive it up.

A large chain store accepting bitcoin in the western world.
A mention of bitcoin in media in connection to crowdfunding of public goods.
A mention of bitcoin in a major primary debate/ battle between the Tea Party Republicans and the rino's (republicans in name only).
A positive mention of bitcoin in the 2014 election.

...
It should still end higher mid 2014 regardless of what happens.

Id be quite surprised if any western politician would dare to try to mention cryptos in a positive light*. Since the western political world are in bed with the banks, why would they want to upset them?
Similarly with large retail chains, they get a lot of credit from bankers, why give them a slap in the face? Everyone can just quietly dabble with BTC for the time being, no need to bring it into the limelight until its impossible to ignore.

*Im sure the banks are figuring out a way to get 'profitably involved' with crypto world at the mo, or have already figured it out and are just waiting for the best time to do so without killing the market dead.

I agree the price will keep going up (asides the odd pivot point sell off, like when it hits 250 again). But I think its up to the independant stores to get BTC into the high street for the next loong while (until the banks take a position*).[/list]

It is only matter of time when some politicians get experience with Bitcoin and understand it is usefull and freedom supporting payment method