Post
Topic
Board Bitcoin Discussion
Re: how long to $100 ? $1000 ?
by
mewantsbitcoins
on 03/06/2011, 19:44:06 UTC
i'll stick with our most reliable prognosticator: vladimir.

so...

$20 by the end of july.

$100 by the end of the year.

$1,000 by the end of 2012.

i'm talking about reasonably stable exchange rates, with a clearly established floor within +/-10-15%.

at this point, i'd be expecting a correction of some weight by june 15-20.  not that i care.

That is a spectacular scenario, is this assuming btc wil be accepted for at least one county?

I think this prediction assumes that bitcoin stays a parallel economy and only fills niches like poker and online payments. If any one country makes it legal tender, you should add quite few zeros to that estimation