Here we go again on the crazy train that is Bitcoin

The price of Bitcoin is trading at R3,000 – R4,000 – depending on the chart.

Media is buzzing with ‘experts’ predicting bubbles, implosions, explosions and other types of  ‘-sions’.

here-we-go-again

data from www.BitX.co.za

Some are excited, some are scared and others are just plain stupid.

Bitcoin is really taking of again. Bitcoin entrepreneurs are beginning to shine in their discussions with media, finance and government departments in the UK and US.

Having recorded an interview with Zac Goldsmith for his Keiser Report on RT.com @MaxKeiser has set his interim target price for Bitcoin at around R4,000 – R5,000.

This might sound crazy, but this time we are in for a treat. We will definitely see R10,000 – R15,000 before Christmas 2013!

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