What would you predict the price of btc if and when asics is on.

[btchaver]

what is your btc price prediction if and when asics is released say by the summer of 2013 maybe? or whenever asics is predominant in the btc market.

[BitcoinAshley]

$5

[btchaver]

$5

thats not to nice price. eh

[btchaver]

why so low with the diff adjustments i thought it would go higher maybe i guess i am wrong.  The easier it is the less it pays huh.  I mean now hashrate is doing more work so maybe it would pay more but i know when btc is generated miners sell off quick and the lower sell of price the faster they will sell them.  So thats too bad but a good time to buy because diff will go up fast and price should follow what do you think. yes no maybe.

[Streets 2.0]

$12.87

[btchaver]

What do you think the difficulty rating would be by then.

[btchaver]

$5

be real  price always follows difficulty according to charts when asics is released diff will go up and so will price.  5 dollars why am i on this forum.

[notme]

Price can influence difficulty (price goes up, more people kick on hardware because now it is worth the electricity, same threshold is hit at a certain price for each piece of hardware depending on hashs/watt and they kick it off when price/difficulty drops too low).  Difficulty can be said to have a small effect on price due to higher difficulty meaning a more secure transaction processing network, although the security is rarely in question so it's questionable how much impact this has except during exceptional events.

[Rampion]

what is your btc price prediction if and when asics is released say by the summer of 2013 maybe? or whenever asics is predominant in the btc market.

asics released in summer 2013? Asics are already released and hashing in the wild.

[btchaver]

what is your btc price prediction if and when asics is released say by the summer of 2013 maybe? or whenever asics is predominant in the btc market.

asics released in summer 2013? Asics are already released and hashing in the wild.

yes but how much of the market is really using asics now compared to when asics has taken over.

[bitrain]

$780. 'Cause I will hold my ASIC-mined coins for centures...