Post
Topic
Board Speculation
Re: Will BTC hit $10.000 in Q1 of 2014 ?
by
henryreardon
on 09/12/2013, 13:24:49 UTC
Bitcoin could reach 10K if amazon starts accepting it BUT that wont happen if value keeps crazy jumping

Why not?  If major vendors like Amazon or Google or eBay start accepting btc's today, all they have to do is immediately exchange to fiat.  In that instant volatility is irrelevant, btc is just serving as a proxy to the dollar for a nanosecond or so.  But the benefits to the company (perception of being in the vanguard) and to btc would be immense.

I have been predicting a major ecosystem announcement for about a week now, we are due anytime I think.  Lots of guys in garages burning the midnight oil on btc projects as we speak.