27 May '14, 12am

Distribution of bitcoin wealth by owner

Quote from: Vlad2Vlad on May 25, 2014, 06:41:07 AM If I were trying to scare people out of Bitcoin I wouldn't have said last year it would match gold within 12 months (which it did) and now that Bitcoin will hit $2500+ this year and at least $10,000+ next year on the back of massive billions going into public Bitcoin ETFs. And I think my $10,000 figure for next year for Bitcoin is actually conservative, if enough pension funds, mutual funds, hedge funds, individual investors, etc., buy the public ETF, then $50,000 Bitcoin is actually a very real possibility. People think that's crazy talk but that's what the ETF will do to Bitcoin. I have very little doubt about this. The only thing that can stop this is a delay in the ETF license which I think is improbable (they'll get it later this year) or some unforeseen event with Bitcoin where a competing coin gets a lot of the atte...

Full article: https://bitcointalk.org/index.php?topic=316297.msg6959469...

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Bitcoin and CNY:

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bitcointalk.org 25 May '14, 3pm

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