2013-12-06 - USA Today - China, Bank of America weigh in on Bitcoin

[Bitware]

http://www.usatoday.com/story/money/business/2013/12/05/bitcoin-china-pboc/3876727/

hmmm... wonder if the head of China's Central Bank is talking to the head of Bank of America.

Think they might be interested in crashing it for cheap coin?

[Desensitizer]

I'm pretty sure the two are unrelated. There is no way in hell they care enough to talk to each other, let alone conspire on that level to alter the values of bitcoins that much. The Chinese bank has valid concerns, and Bank of America sees the true potential of bitcoins as a currency and just how relevant they might become if conditions are right.

[kjlimo]

Is the BoA report available?  Id love to see how they determined $1,300... was it by looking at current exchange rates and deciding they wanted to buy for less?