Quote from: btcxyzzz on September 20, 2014, 08:37:22 AM

Quote from: mano21 on September 19, 2014, 09:01:44 AM

ETF will spark next rise.

I'm more in favor of some big financial crysis somewhere in the world. Watch Argentina, seems to be the next on the list. Average Joes will then (finally) realise Bitcoin is the smart investment of them all.

No, unfortunately, they won't. People are, generally, stupid, and the idea of decentralized money is complicated. Most people won't do even tiny bit of thinking to try and understand the idea. So they won't trust in bitcoin until it has a long proven track record and is considered "safe" on the morning shows, i.e. when they are told "it's ok to invest in it". Somebody trusted has to take the pain of thinking away from them

So no, they will see their fiat burn in flames and they will run to gold / us dollar / random stocks, not bitcoin. Not for several more years.