Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

1) Could you explain how the authorities, namely the US government, having over a million BTC is extremely bullish?

I don't envision this a reality but it can be filed under "could explain bullishness":
http://rt.com/usa/us-postal-service-bitcoin-780/

BTC is a currency, as the U.S. gov has admitted. They can keep seized money and/or spend it:
http://www.npr.org/templates/story/story.php?storyId=91490480