Price is going to rise. People who are acquiring it to use as currency give little fucks about what the price is now since they are going to spend it. If they need $100 worth, what do they care if a coin is $20, $50, or $100?
+1, Exactly my thoughts.
People conducting trade in bitcoin will be in and then out, price dont matter to them, they will just buy w/e fraction of a coin is needed for the deal.
Meanwhile the blockchain is being proven as a good value store constantly increasing the price of a whole coin as more people place wealth into the chain.
