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Title: Lack of catalysts = Bitcoin wandering Post by: deadgiveaway on August 22, 2013, 08:26:54 AM Ever since the price rose to 250+ and dropped, Bitcoin has seemed to, as a whole, been wandering as if it were lost and looking for another catalyst to give it meaning again. Just a perspective I wanted to throw out there.
http://imgc.artprintimages.com/images/art-print/george-marks-puzzled-businessman-scratching-his-head_i-G-56-5637-PDZMG00Z.jpg But I think this article gives some clues: http://money.cnn.com/2013/08/19/investing/stocks-markets/ Title: Re: Lack of catalysts = Bitcoin wandering Post by: xxjs on August 22, 2013, 02:27:57 PM But I think this article gives some clues: http://money.cnn.com/2013/08/19/investing/stocks-markets/ Agree. When and if the public starts to doubt that the bonds will be paid back, no amount of easing will prevent bond prices going down, and a general clearing of debt. Then we will have a deflation episode. Ignore that, I am not qualified to give advice, rather ask Krugmann, he's got a price of some sort from Sweden. |
