Quote from: cgriswold on December 29, 2013, 04:10:02 AM

Some further info on acceptance; take a look at this article from Bloomberg Businessweek; http://www.businessweek.com/articles/2013-12-27/does-it-make-any-sense-for-overstock-dot-com-to-accept-bitcoin The CEO of Overstock.com says by mid 2014 they will accept Bitcoin. This was also listed by NY Times http://bits.blogs.nytimes.com/2013/12/26/overstock-to-embrace-bitcoin-giving-the-currency-a-lift/?_r=0 Black Monday for 2014 online purchases will most likely have many merchants accepting bitcoin, and if this occurs, how much will this drive up the value of the Bitcoin? Is $2,000 likely if this happens?

If Overstock pushes other big online retailers into accepting BTC as well, I could see it.

Then again it won't need much help as I think it'll be well over $1200 by next winter.