BTC value has been dropping steadily. Bad news for Winklevoss twins. So, I am predicting it will fall all the down to $2 range by the end of this year.
That's interesting. I came up with exactly the same value ($2.00) using some admittedly very rough (and relatively uninformed) back of the envelope math. DISCLOSURE: I am a total newb to BC.
However I estimated that as the current true value of BC given the state of ASIC mining, but don't think it will actually get to that level since the same forces that will be driving the value down will also be driving the difficulty up at the same time. Thus, I came up with the two factors converging at $20.00 and I am using that as my floor. Well a little below that because it should overshoot it's bottom just due to momentum.
I think I will start buying some below $20, definitely better than attempting to mine them.