Yaaay, awesome! I remember the times of BitMit. It was a great thing, but the whole site looked rather half-baked and not that professional. I think it's great that there's development to do this in a a decentralized manner!
Will the price go up a lot?
It won't This is more of a experimental nature, and development. The price only goes up when companies from the regular economy decide to give Bitcoin a shot! But it may be a good thing for Bitcoin in the long term and become an incredibly important thing for its future!