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Message: [QUOTE="kobebeanbryant, post: 3794149, member: 508"] nobody that follows it closely believes it will be a currency. i believe that most are treating it as a store of value and hoping it becomes a gold alternative/replacement. given the fixed supply of bitcoin, i believe that many are using it as a hedge against equity inflation driven by recent global monetary policy. the most recent run is probably due to a variety of factors (recent halving of the mining reward, global monetary policy, institutional buy-in, and usual FOMO that follows any momentum in the price). i am a long term hold, to see how this all plays out over the coming years. [/QUOTE]