[2014-11-24] CD: Could Central Banks Spark a Bitcoin Rally?

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Could Central Banks Spark a Bitcoin Rally?

http://www.coindesk.com/markets-weekly-central-banks-spark-bitcoin-rally/

The bitcoin price may obtain succour from an unexpected source in coming days: China's central bank. Even more incredibly, the central banks of Japan and Korea are also helping to pile upward pressure on the bitcoin price.

It's not that East Asia's central bankers have decided on self-obsolescence, en masse. They're doing something more predictable – firing the opening shots of what's widely seen as a new currency war in the region.