Please move this thread to Economics>Speculation.
The problem here is that nobody can give you an accurate answer. Everyone would love to see BTC hit $10k by the year's end and current trends wouldd suggest that it is indeed possible. Having been said, trends aren't anything to stand by and the price can drop drastically in the few weeks we have left of 2017.

HODL HODL HODL.
That’s the long term plan 

$10,000 will be the point at which BTC will be taken seriously by all those who doubted it. Over the last week or so I’ve met friends and family who have all told me that they’ve now bought into BTC. Once we pass the $10k mark I think those who were calling it a bubble will start buying in themselves. More people would want to get in on the bandwagon and the price will continue to rise (at a slower rate due to the number of people who’d sell part of their coins at that price point).

This is more suited to Economics>Specualtion.
You can move the topic on the bottom left corner of the thread.
To answer your question I think it's still early days. I personally think we'll hit $9,000 by the year's end. Bitcoin is become much more mainstream and invested in by increasing numbers of people.

In accounting cash/currency is actually considered an asset.
Bitcoin is an asset in the sense that it has value and a currency as it is a recognised and accepted form of payment. The two aren’t mutually exclusive.

Exactly as others have mentioned. Buying drugs (regardless of their class) is illegal no matter what payment method is used. Whenever drugs are found in customs they are either confiscated or passed in to the police who often decide to carry out a set up delivery to the address. They then raid the hous when the package is accepted/signed for. The issue here wasn’t that they paid BTC for drugs but the fact that they bought drugs. The only thing this story does is negatively portray Bitcoin because of the assumptions made.

The predications for BTC, LTC and IOTA are practically the same albeit with a reduction in gradients as you go down the cryptos. How exactly did you predict these prices? What factors went into calculating them?
The site itself could do with a lot of work (if you want it to be taken seriously). Aside from explaining the basis behind the predictions the site UI needs a lot of work and change.
Good luck!

You’ve got things the wrong way round.
An important lesson in business for te future is that the idea comes first. Never spend money on a business if here’s no concept/idea behind it. Once you have the idea and have started implementing it then worry about the domain/site/branding etc.
In essesne your post is looking for a ‘partner’ who’ll share their idea with you, have to implement most of it themselves all in exchange for a domain name that has limited potential.

If you’re a developer then it’s a bit of a different story but nonetheless should know that you don’t buy domains for a project you don’t have.

Domain buying is impulsive (I was guilty of it at one stage too) but lost enough to realise that unless you have something concrete, 9/10 times it doesn’t pay off.

If you’re looking to make money through trades then why limit it to just crypto? If anything, diversifying would be much better. There are sites like eToro (as well as others) that have a copy trade system. You find your account with a certain figure and then set parameters as well as the people you want to follow and your account automatically emulates their trades (buying and selling).
Realistically speaking though, nobody is going to trust a group of readers. If it’s not an official site/Company then nobody will invest...

Whatever you do make sure not to send any payment (even lartial) I less it’s to a verified escrow. Accepting escrow and then backtracking is not uncommon with scam attempts I’m not saying with certainty that that’s what this is but proceed with caution.

Sending as a gift isn’t necessarily irreversible. If a user claims that their account was hacked and the funds sent were unauthorised then PayPal could still reverse it. Most users wouldn’t be protested for the risk/hassle involved so best just try using a different payment method. 

Use a hardware wallet combined with devices (computer systems) that are clean and completely disconnected. You’d want to do everything you can to keep the coins 100% safe. It’s not worth taking any chances. Paper wallets could be too risky so if you’ve got the alternative then go for it. Make sure that the source of the hardware wallets used have been verified before purchase.

Move your thread to the currency ecachme section to get more results.
Having been said, few users would want to trade with new members using PayPal. The risk involved is just too great. You’d find more sellers accepting other (non-reversible) payment methods. 

What’s the model? Why would individuals back the project? I fail to see the incentive here or just have a complete misunderstanding of the actual concept...

There is no 'company' per say but rather a few respected and trusted members on this forum that act as an escrow.
They make sure there's an agreement and provide an escrow address to hold the funds in. Once the product has been received and the buyer confirms receipt then they release the funds to the seller (post-fee).
If there are any issues then they are involved with the mediation.
Hope that helps.

Wow. I completely forgot about this. For what its worth, it might be worthwhile to find others in the same boat and start with a class-action lawsuit against them. I know something similar happened with Cryptsy so perhaps the same could be done here...

I doubt this is a case of money laundering. You're talking about one of the largest auction houses in the world as well as one of the most famous artists to date.
Regarding the OP, I don't see anything wrong with this. Art is subjective and if a person/collector can afford this piece at the price he/she is willing to pay then so be it.
Every industry has inflation of all sorts. Professional athletes/entertainers are paid insane amounts of money because they are responding to a high demand for entertainments and sport. The same applies to art and other niches. The market responds to the demand. This auction set a record to date and I'm sure it will be beaten at some point in the near future. The market price was determined by natural market forces at the end of the day.

Well not necessarily. There are plenty of listings that list every coin and alt that pops up. These often included the random tokens that don't have much volume. If you look at coinmarketcap there are over 1000 coins listed and that doesn't included the myriad of coins that are launched weekly. GDAX have a reputation to uphold so would be selective in their choosing hence only the top alts that have a high average daily trading volume.

Personally I don’t see the need for it. The most costly part involved with an exchange is the development. If you’re all set on that front then there’s no real need to launch an ICO. Send me a PM with specific info and if the project is worthy I’ll forward it on to some contacts. I know a couple of individuals who are looking to launch a new exchange. Thanks

This is awesome! Absolutely love the art (although I think a Cas Coin would have looked better ). How does shipping to the U.K. work? I’ll be interested in participating in the auction and if all else fails then I’ll try picking up a canvas at some point.