Quote from: Raize on May 25, 2012, 02:43:27 PM

May 2014: ~$2200/coin

As we come up on May 25th, I wanted to address my prediction from two years ago. I was off on the $2,000+ valuation, though probably a bit closer in sentiment to what actually has happened over the last two years price-wise since most of these guys only saw increases of tens of dollars or less, which was easy to do since it was only ~$5/coin.

What I really wanted to draw attention to was the the rest of my comment, specifically the part in bold below...

Quote from: Raize on May 25, 2012, 02:43:27 PM

I expect Bitcoin to be handling about 1% of World GDP by that time and the above price represents that. Difficulty will have also increased to match that. We'll be seeing second-generation dedicated ASICs coming out around this time. The people mining won't be consumers and there will be only maybe a hundred major players, most of which have government regulations to deal with and forced transaction fees to collect, however the expenses will be low.

I'm not sure if there's only maybe 100 major miners out there or less, there's definitely thousands of small operations (which I'm glad to see). Also not sure on the miners necessarily having "forced transaction fees" though we did have minimums in many clients. Government regulations are definitely a thing right now. I think the Antminer S2 qualifies as second gen ASIC, though I suppose that's arguable, most people might go solely by die-type.

Also note Vladamir's prediction here...

Quote from: Vladimir on May 24, 2012, 09:36:34 PM

31st of Dec 2013, 1 BTC is above 500$.