Breaking the silver price will blind-side many PM bugs who have, until now, seen only metals as an alternative to collapsing fiat.
IMHO there are several million savers and investors who will suddenly pay attention to bitcoin, learning what it is, and what its doing. Some will realize that they need a percentage of their portfolio in this new technology. That *some* will be enough to make major waves in the BTC price...
I have the same line of thought. Sure the price of bitcoins may have doubled in a short time... but that doesn't mean you can invest say 5 million and get the price to double and somehow make a 5 million profit. there isn't enough volume. BUT....... there is much more volume than a year ago. So greater profits are now possible. And that will just attract more investors.... just the sheer volume. We might be seeing thousands of people investing 50k at a time or something simply because the market is starting to handle that kind of wealth.