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Size of the current bitcoin economy is "just" $8bln. While it sound like a lot of money, comparing to the rest of the economy it does not even qualify as a pocket change.

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It is larger than more than half of the world's currencies: http://coinometrics.com/bitcoin/bmix

So it's definitely worked well enough to create an 8 billion dollar economy?

I was a naysayer until recently. After the senate hearing, I ate crow. Too late to profit at this point though :(

I'm not sure that's true.

What is your price target, if I may ask?

7,000 USD within five years.

More likely to be within 2014 at this velocity and no reason to think it won't be S curve adopted.

one that could turn into a 8 million thing in a day when the speculators stumble and the bubble bursts.

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