Quote from: HudsonStan on June 07, 2011, 06:28:08 AM

Quote from: xonar on June 06, 2011, 04:07:04 PM

In 20 days difficulty will be nearing a million.

There is no such thing as "needing" to break a barrier or drop down in price. Supply and demand of bitcoins will dictate a fair price.

The fair price at the moment is around $18 to $19.

Yes, it is possible.
But if price goes too high... supply can bump up followed by panic sellout. Final price can be $12 or even $0.1. I'm expecting some correction during this or next diff. level.
Fair price at this moment is about $10. $18 is overvalued price by expected increase of difficulty and net hash rate.

Based on... what exactly?