This morning on CNBC the Chairman of Overstock.com echoed our sentiments from last week. – Big surprise that the dollar bankers and the Chinese powers that be don’t like Bitcoin. This is to be expected.
As we said last week this challenge to Bitcoin is an excellent stress test of a more mature crypto currency world. So bang on Jamie and Chinese officials, let’s see where the hard bottom is.
It is too early to determine if we found it over the last few days but things look generally bullish at this moment.