Ups and downs in between? common guys speculate thats what we are here for
Okay completely wild numbers...
Short term (now to mid Jan 2014) I expect a drop -- a sharp one. Longer term, up up and away. Wall Street has funds that are all about buying it. Political stuff could introduce some speed bumps. But here are the 3 predictions:
#1 -- Drop to around $375 between now and January 20, 2014.
#2 -- Increase to over $1800 by May 30, 2014.
#4 -- End 2014 in the $2500 to $3000 range.
Okay, quoting myself here now, I'm going to go ahead and assert that #1 above has now come to fruition. I see Bitstamp touched 382.21 last night which technically is not $375, but I did say
around $375, so I think it qualifies. (Camp BX claims it hit $300, but I'm not sure it technically qualifies as an exchange.)
Now it's time to buy with both hands. :-)