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JK: I don't think consumers are hedging from the euro with Bitcoin. The crisis brought a lot more attention and exposure to Bitcoin. People found out about Bitcoin because for this euro crisis, but discussing flooded by people from Cyprus trying to buy bitcoins, therefore it is not an instantaneous correlation.
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JK: I do not see it so much as a bubble, but rather an extended period of volatility. Assure for your see points where the actual cost jumps up and bumps down, Do not think see the buying exploding, it's very volatile which is extremely new, and a lot of are jumping on it too briskly. Some others who got into it early are cashing out right and after this. I think the price is gonna be change much over the following 6 months and couple of years. Right now there are I consider 500 merchants accepting bitcoins through Bitpay, you could rent hotels with bitcoins, and so many individuals are accepting it to be a form of payment. Wordpress is the 25th popular site in the world and they accept bitcoins.
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