Quote from: 1Referee on February 06, 2016, 07:55:17 AM

Quote from: fff13 on February 06, 2016, 03:57:36 AM

Quote from: MissionPhailed on February 04, 2016, 07:33:31 PM

Ah, the days when one could even mine whole Bitcoins in minutes with a potato. First time I heard about mining Bitcoin (2011) I thought it had something to do with Minecraft. Btw, I'm surprised to see that already in 2011 prices rose above $20. It took roughly 20 months for BTC to reach this value again ..

It's been roughly 26 months since we hit the $1,000 mark, are we due? Is a superbubble in the high 5-digits brewing?

Perhaps in your dreams. It's far from realistic right now. I am already happy if we manage to come above $600 again. That alone can be considered a great achievement after all the nonsense drama we have been going through.

Here, here. $1 BTC would be fine as long as trade volume multiplied by 10x to back it up. The price point is sensationalist static; consumer transaction (on/off chain) volume is the key success/adoption metric - speculative investment notwithstanding the price point (degree of effort people are willing to put out to get a unit) will always adjust to reflect the currency's real-world use.