what i have noticed is alot of large trades are happening privately where some are contacting people via IRC. this means that some people are not buying the sell wall to make the price rise.
i think thats why the price has been stagnant below $1k for the last couple months. we need to be ensuring that exchanges are licenced and that big players are buying coins on exchanges to truly affect the price.
So that basically means bitcoins are circulating instead of being taken off the market? It shouldn't be that way when demand catches up to supply
A ton of Bay Area VC money (Andreessen Horowitz, Google Ventures, Founders Fund, etc.) has been pouring into Bitcoin-related startups. Prepare for a lot more user-friendly services/products to open the door for more newbies.
Winklevoss ETF is on its way too.
The Facebook twin's ETF won't come out til next year most likely.. but im looking forward to that too