Unlikely to sustain as Chinese gov will announce bitcoin as illegal.<p>What's ironic is that the bitcoin pumpers have sold the myth that money is being snuck out of China through Bitcoin and some of the biggest miners and exchanges are in China.<p>Now it has the attention of President Xi and when they come down on bitcoin, they are coming down hard, along with the prices. It's unlikely to recover after this year's drop.
Unless people really start using bitcoins for a lot of things fast I'm worried that bitcoins are just this generation's "tulip mania"