Bitcoin Forum

It's amazing to see Bitcoin flirting with the $200 mark on Monday. Anyone think this can hit $300 by the end of Tuesday in the USA?

I wish not, cuz that possibly indicates that this bubble is expanding too fast and might burst.
I rather see it steadily rising ;D ;D

Yeah it's a scary thought. Funny thing is, even is you look at the crashes and watch it long term it keeps on moving up. I feel like it would categorically fail on a security level to really kill it.

I was showing the MTGOX candle stick to a finance guy on the weekend. He said reading the candle stick... "So many white soldiers, it's going up, and I mean... UP UP!" He compared it to Apple a while back. The whole idea freaked him out a bit I think, because it's so new, it could go anywhere.

Being someone that invested before it went up, I feel like there is less pressure than people getting involved now. But it sure is interesting.

For me the ideal situation is that a) the system is integrally strong enough to stop it being hacked, b) things become stable enough to use this as currency.

Two things I find might be a game changer in the long run...

1) Supply is limited, so can the GDP grow faster than the network can produce small change (even with the 8+ decimal system)?
2) It seems like most of the money is going to Americans. I live in America, but still... it's a concern. Equity is strength in my mind. Not monopoly.

Instability breeds the need for more practical means.  Bitcoin will be growing for a while.

I'm really excited about it, from a non-speculative view.

I'm in it for the sake of a free currency. Right now it looks like greedy people is doing every they can to make a profit. What bitcoin needs is a stable and safe increase in value and places to trade. This will crash and people will remember it as an unsafe currencyand shun it...

My vote is no.  But it is possible by the end of the month  :)

maybe will hit 200$

Unlikely, but it could break $240 this week.

I hope so, but don't think so