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Board Beginners & Help
Re: Price will be $5 by the end of this month
by
eleb
on 17/06/2011, 18:14:14 UTC
Based on no calculations whatsoever, I'm 98.3% positive that the value of BTC will be greater than or less than $5.  So quick... buy or sell!!!

Just hold on to it bro. All we can do now is hope for the best, but if it does hit $5 by the end of this month I don't think it'll come back up.

I think that it's likely we'll see some more of a drop, but it could likely come back up in time - what it's going to take is a better economy outside of simply trading bitcoins for money.  If/when we see more sites taking them for more 'normal' purposes, there will be more of an incentive to spend them.   What's the final value going to be - don't know.  But that's not something that we'll know for a long time - even if it goes through a long down period.