Quote from: zebroid on November 19, 2013, 07:40:22 PM

Yes $1000 next before end 2013 and then first quarter 2014 will head
towards the $3000 mark because of all the new ASIC industrial miners
coming online then.

Here is a quote from one of the mines coming online in February:

A Hong Kong-based investment company is ramping up an ASIC mining hardware business that will drop four Petahashes (PH/s) of computing power onto the network by the end of March.

Massive Luck Investments, domiciled in Hong Kong but registered in the British Virgin Islands, has taken a 50% stake in Swiss mining hardware manufacturer Bitmine, (formerly Exion Networks), which has been designing Avalon-based mining hardware. The new venture spans ASIC hardware sales to individual customers, hosted mining, and its own private mining pool.

These coins will be mined and suppliers & shareholders will be paid in BTC but then converted to FIAT to pay some bills.
They would need to exchange it somewhere for FIAT and then cash out. Going to be an awesome time 2014 for BTC!

Freakin' Awesome! Grin

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