Quote from: vuduchyld on August 03, 2014, 11:43:47 PM

Quote from: cypherdoc on August 03, 2014, 04:55:08 PM

Quote from: NewLiberty on August 03, 2014, 04:23:19 PM

Yes! The volume is the key. Without it, a chart tells only half the story.

NL, the only thing i'd say about your arguments above is that i'd like to see gubmint play a "more" active role by loosening the choke points and regs that are restricting Bitcoin's free trade at the moment. there is no doubt in my mind that Bitcoin would be much more widespread by now if they weren't interfering.

the other thing is that until the gubmint is willing to tie their fiat currency emission to Bitcoin, such as perhaps M1 to 21m BTC, they will continue to inflate the USD which is bad for everyone. this has to stop.

Why M1 instead of M2? I've thought M2 was a better analog since it includes stored value, but I follow this thread religiously and value your thoughts on this.

well, you're guess is as good as mine.

i chose M1 b/c it represents liquid money much like Bitcoin: