Comment: Hold those bitcoins

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In reply to comment: 56% bump, from all sources: (see in situ)

Hold those bitcoins

as long as you can, Michael, or at least some of them. There is a lot of upward price pressure which I expect to only increase.

As you may have heard the rate of bitcoins coming into circulation recently cut in half from about 7,200 per day to 3,600. At the same time more and more people are learning about Bitcoin worldwide...

It's pretty easy to guess the likely effect. Of course, there is downside risk too. People could suddenly lose faith in Bitcoin working for whatever reason. However, after all this time that hasn't happened so you be the judge.

In other news central banks around the world continue to do the exact opposite with their currencies ;)