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Re: 360spyder1 post# 50089

Tuesday, 03/31/2015 4:06:40 PM

Tuesday, March 31, 2015 4:06:40 PM

Post# of 73703
Bitcoin price rise attributed to global financial uncertainty since 08 crash, and bitcoin intro right after in 09. Besides the usual market manipulators, hacks & thefts had brought down bitcoin price. As for 1%,ers, like Barry Silbert, Winklevoss bros, and others is they want to use it to hedge for the next collapse, as well as help co-write rules before governments eventually gain the upper hand on controlling regulations which seems inevitable.. Lots of articles on govs likens to BTC like funds, because it'll helps stabilize the price on bitcoin even if it outpaces other currencies and gold. Besides, Governments don't want to fight 2 fronts in price instability against their own policies and currencies, and yet another on regulating the hacking and fraud factors.. BTW, I see by the 3/30/15 email update that they appear to be engaged with marketers to get the message out and help awareness to both current bitcoin users and hopeful new prospects. It's been hard watching their marketing effort without professional assistance.. Maybe this will generate a separate and welcome PR of JV intent on behalf of the marketing entity.. That could be a biggie, especially if new apps are in store..