I think with ASIC the price will go up to $300 but not for at least 6 months.
I cannot conceptualize at all why there would be a relationship between market price of BTC and the efficacy of mining computers. Can you (or anyone) explain why you think ASICs will boost the price of Bitcoin (or lead me to post that explains it)?
I think the theory behind it is that if you can no longer mine them, you have to buy them. This increases the demand, driving up the price.
At least that's the theory behind it.
I am new to bitcoin and still learning, but if ASICS make the difficulty too high for the average miner, and mining becomes the domain of large enterprises, could people lose interest (since they cant mine and earn their own btc) and lower the demand?
You can't print dollars. Are you still interested in them?