Why Bitcoin surged

[bit-joker]

Best piece about the surge in bitcoin price. According to the article, huge demand from China.

http://marginalrevolution.com/marginalrevolution/2013/11/china-and-the-soaring-price-of-bitcoin.html

[tsoPANos]

That's good news.
There are 1 billion of people in China!
If the article is right, Bitcoin will never be the same again.
The price will never get below 500$.(Note that this is my personal opinion, as a result of my thinking.)

[Qbeczeq]

500$?

I don't think so. But even if BTC will cost few $ in far future, it'll be good.