Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE
Speculation, based on predictions and speed of adoption (main streaming). Many people within the btc community expect it to be as high as 5k by fall. But, even half that would be interesting. We shall see nonetheless, for now it's nothing more than 'speculation'. 
Optimism is key imo. Playing the BULL market based on speculation drives the BTC market up in price. As long as good news and more main stream adoption continues the price will continue to rise.
Optimism is key imo. Playing the BULL market based on speculation drives the BTC market up in price. As long as good news and more main stream adoption continues the price will continue to rise.
It's also an interest thing to discuss what will happen to PETA share price if btc really hit $2000+ in the near future.
Anyone has a clue?
My guess is that the share price would increase to 0.1'ish or more even if the price of a bitcoin is 2000+. But not much further than that. I don't believe it will go down, as the ROI would still be very high and so it's value would reflect that.
Thoughts anyone?