Waveaddict, what do you think the implications of a U.S. taper will have on the value of bitcoin?

Asset prices are falling, Gold, Stockmarkets are falling. Bond Yields are rising sharply.

Bullard came out and said there will be a taper. Bernanke quoted indirectly that a taper was coming.

U.S. debt is being reduced to serviceable levels. Government programs are being cut in the U.S. Defence spending down 30%. Food stamps being cut and more.

Looks like we will all be praising the central banks for reducing dollar money supply whilst bitcoin's supply keeps growing as people mine more.

It's all relative, but it looks like a good time to short bitcoin, either through lending schemes or funds like bitcoin investment trust.