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Author Topic: Lack of catalysts = Bitcoin wandering  (Read 654 times)
deadgiveaway (OP)
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August 22, 2013, 08:26:54 AM
Last edit: August 22, 2013, 08:51:12 AM by deadgiveaway
 #1

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.



But I think this article gives some clues: http://money.cnn.com/2013/08/19/investing/stocks-markets/
xxjs
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August 22, 2013, 02:27:57 PM
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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.
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