just watched this talk by doug casey:
http://www.youtube.com/watch?v=ryD5lqRM-Tw (I think it was posted here but can't find the post).
Watch that video (especially the 2ndish part about getting yourself and your wealth out of the country). Then look my avatar straight in the eye and say: "Bitcoin is in a bubble".
the thing with Rick Rule; if he wanted in he'd have to ask for help. and if he asks for help and doesn't want people to know he'd have to ask for secret help......seems hard
and to knowingly get in he has to have people working around him that also trust bitcoin as an investment.
My market cap point is that bitcoin is small. and if he invested as much as he'd invest into a company with similar market cap, he would send shockwaves; so I wouldn't think he'd do that and if investing less then its LESS worth it to get in......therefore...maybe wait until bitcoin looks more secure
The more people we have promoting Bitcoin the better. It's not 2010 or 2011 but nonetheless 99.9% of the population hasn't heard of Bitcoin and if they have still don't understand its significance. When the USD/BTC exchange rate is listed in every newspaper and referenced every hour on CNBC there is still promotion to be done.
I think over 0.1% HAVE heard of bitcoin. 1% would be good enough (10x now)
I DON'T want bitcoin listed on every newspaper (if those exist next year) and TV show because then the government would for sure have already stepped in to help 'regulate' our free market liberating currency turning it into something ugly