Post
Topic
Board Beginners & Help
Re: Do you think that BTC will reach 300$?
by
exstasie
on 02/11/2013, 20:26:20 UTC
you have to look at overall averages and not the $30 to $50 spikes up and down, that doesn't mean it's crashing. I believe it will continue to increase as the difficulty rate goes up and also now that it's becoming more mainstream. I think you can still make money on the ups and downs though. People need to start using bitcoins more in their everyday lives and I believe that's what will make the price of bitcoin more stable. The bitcoin ATM Machines that are launched in Vancouver are a very good start in stabilizing bitcoin. Hope to see one soon where I live!

The launch of the bitcoin ATMs in Vancouver has caused quite a bit of discussion as of late the office (Work in payments in Canada).  We even had an event a few months ago where one of the main speakers spoke specifically about BTCs to help get the general public more aware of it, how it is created, pros/cons, etc.  It's quite interesting to see how mainstream it has become in the last few months, and these ATMs are the latest thing which should help create some stability in the price.