bitcoin target $50

[MiningUnited]

(Reuters) - The top U.S. derivatives regulator is considering whether the Bitcoin virtual currency should be subject to its rules,

I'm seriously confused by "Its Rules". Is this top U.S derivatives regulator, who probably lost people billions of dollars in the market crash of 08', really thinking BitCoin is 'his' to make 'rules with'? Really?

[BitshireHashaway]

I see $50 as being very rare and having a very small chance of occurring. Though I know that if it does occur, I'll be buying up because in my opinion that is a great deal and BTC are definitely worth buying at that price unless they do something extreme like making the currency illegal.

[Jace]

50, you sure? Not 40 or 70?

You completely just made up that number, right?

Anyway, it's a funny article:

"Here's what I know for sure: we could regulate it if we wanted. That is very clear,"

Uhh, I wonder if mr. Chilton has a proper understanding of what Bitcoin actually is. But I'd definitely love to hear how he plans to regulate Bitcoin, should they choose to do so

[gongbao]

loool, even if he sais it should be worth 50 (or whatever number he imagines), how would he make people trade it for 50.

[MiningUnited]

I contribute the recent selling panic to new articles posted about fed regulations.