On the bright side, the tremendous level of venture capital and innovation pouring into development of the Bitcoin ecosystem has continued and even accelerated. The price of Bitcoin has stabilized and has shown steady improvement. The recent US Government auction of seized Bitcoin went very well, leaving a large unmet demand for Bitcoin investors. In the next few months, we can expect Bitcoin investment vehicles to be trading on NASDAQ or even NYSE. I predict significant price appreciation in the next 3 months. (I have been wrong before, invest at your own risk)
Chart since November 2013
From BitcoinCharts.com |