I have remained bullish on Bitcoin during the correction and encouraged people to buy the dip. Most recently, I explained why it made sense to buy on any breakout above $520 and the digital currency has continued towards $700 today. I predict it will end the year well above $1,000 and possibly above $2,000. How is that for a bullish call?

Adding to price and adding to the glee experienced by proponents of Bitcoin lately, Ebay CEO Kevin Donahue had some encouraging words about Bitcoin and digital currencies in general. He admitted to owning Bitcoin and believe it had a future in commerce. He also made vague comments about Ebay accepting Bitcoin as some point in the near future. This would be absolutely HUGE for the

“At PayPal, we are going to have to integrate digital currencies into our wallet.” – Kevin Donahue with an enthusiastic smile