RE:BITCOIN now 13,500.00 USD
here are some issues that are relevant to bitcoin pricing
1. as long as there is dirty money that continues to need a home or the need to money launder , the price will go up.....remember every dirty government official, every drug dealer, every industry offical from a hundred different countries needs to find a home for money
what could be better then crpto.......a totally unregulated commodity...reminds me of the tulip fiasco or the spice wars
2. the futures regulators halted their futures idea...... why because you can't regulate the base commodity
3. governments are simply beside themselves....it is like suddenly having 10000 off shore islands moving and hiding money.
4. there is a price cap.....what is it i dont know because there is so much money unaccounted for around the world.....I remember 5 years ago there was a rumour that one billion dollars......that is 1,000,000,000 completely unaccounted for when the US went into the Middle East ...that is just one example .... there are hundreds
it is all pretty fukked up