re: bitcoin
still sticking to the claim that you will see a rapid wicked $5000 spike, good luck on cashing in, i suspect exchange malarkey and other tricks at that time. and what goes up quick comes down quick. $600 stabbing. good luck on buying in
no one reported on the China exchanges selling btc $100 under going rates. very much a repeat of dec 2013.
you can buy but you can't checkout!
theme,theory,idea
BTC is and will be the top shelf LIQUID, but not so liquid.
imagine this:
ASK $2250
BID $2195
see the $55 spread?
yes you can dump $1000000 worth @ $2195
but if you want $1000000 pay @ $2250
[don't believe me check the vol. #s like 30k btc float, volume is trending down]
hence;
the
BTC can not will not be transactional for cups of coffee.
hello ALTs.
it will be the Gold. LTC the silver.
not the $, euro, yuan, yen, nor shekel.
also still think digital pegs are the best product for the general pubic.
they won't ween off fiat price models for a decade.
however; digital investors will have a suite of 5-500% returns to iPhone invest in.
cheers