The bitcoin bubble has burst, not a lot of new money will be flowing into it now. The next bubble is not going back into bitcoin, it will look for someplace else.
A lot of precious metal traders are also trading in crypto currencies. “Insignia Consultants” gets more queries in India ON “how to trade and invest in crypto currencies” THAN commodities.
In the gold market, fear trade nirvana involves a tidal wave of institutional and retail capital coming out of the US stock market… and pouring into gold.