Bitcoin can be purchased - as we all are well aware - by anyone with an internet connected phone or tablet - anywhere in the world. Supply is EXTREMELY limited in the grand scheme of things - and demand is potentially unlimited. It is obvious to any analytical thinker that bitcoin is doing exactly what it was intended to do. The price of bitcoin is going to go through the roof over the next few months - and we should all be proud of ourselves for being the first ones in the door. I'm going long, but it is advisable to show restraint as this whole thing could go up in a puff of smoke tomorrow. I don't think it will. I think we'll see bitcoin hit it's stride in the coming months and just keep on keeping on. I have no number in mind at which I believe bitcoin would be overvalued. Time will tell.

I have sent coins from Mtgox to wallet on computer. I have chooses to encrypt wallet in bitcoin-qt with long password. Now, question is - can make upload of wallet.dat file to cloud without worry? Wallet.dat is encrypted - is it not? Or better to encrypt wallet.dat with truecrypt before make upload? Much appreciate.