$500 bitcoin by mid-July

[nwbitcoin]

If you want bitcoins to be worth $500 soon, I would suggest you find a big celebrity, and get them to buy a few, and tell their friends about why its such a good idea!

If you got a nice guy like Tom Hanks tell TMZ that he just went and spent $10 million on bitcoins - that would make a huge difference!

Get someone like Daniel Radcliffe using bitcoins and the world is your oyster!

The trick is that to get public acceptance of bitcoins you need to work on famous authority not facts and figures! 

Marketing 101!

[dorift_it]

I don't think that BTC will ever rich $500 because 100% of average Joe which is 95% of bitcoin "traders" will sell at $300 maybe $260 like the last time.

you clearly dont understand how market works then lol

[SlipperySlope]

Price is outpacing fundamentals and infrastructure growth right now

Agreed. Lacking anything better I use the long term bitcoin price support trend as an indicator of the bitcoin economy growth rate. I estimate this rate to be approximately 5x annually - which is incredibly awesome. But speculators outpace this 5x annual rate during bubbles. From a possible start of the bubble, which I think could be January at 13.50, the price reached 266 on April 10, with a double exponential growth rate. The final doubling from 133 on April 3 to 266 on April 10 took in just 7 days!

[noedaRDH]

If you want bitcoins to be worth $500 soon, I would suggest you find a big celebrity, and get them to buy a few, and tell their friends about why its such a good idea!

If you got a nice guy like Tom Hanks tell TMZ that he just went and spent $10 million on bitcoins - that would make a huge difference!

Get someone like Daniel Radcliffe using bitcoins and the world is your oyster!

The trick is that to get public acceptance of bitcoins you need to work on famous authority not facts and figures! 

Marketing 101!

Dare I say Justin Bieber.

Bieber won't endorse Bitcoins, his handlers wouldn't allow it.

[smoothie]

56 days until then.

What kind of power, action or event would be needed for that?

- more European economic problems, Cyprus-like: Spain, Portugal, Greece.
- more mainstream news about bitcoin
- more big "investors"
- more options to buy with, exchanges, apps, games etc

Are you from the future?

Currently it is more like 70 days until July.

[nwbitcoin]

If you want bitcoins to be worth $500 soon, I would suggest you find a big celebrity, and get them to buy a few, and tell their friends about why its such a good idea!

If you got a nice guy like Tom Hanks tell TMZ that he just went and spent $10 million on bitcoins - that would make a huge difference!

Get someone like Daniel Radcliffe using bitcoins and the world is your oyster!

The trick is that to get public acceptance of bitcoins you need to work on famous authority not facts and figures! 

Marketing 101!

Dare I say Justin Bieber.

Bieber won't endorse Bitcoins, his handlers wouldn't allow it.

I'm not sure if Bieber would be a good choice, although when he does say bad stuff, it hits the news!

[Notanon]

More morally-acceptable services (i.e. not Silk Road) accepting Bitcoins would go a long way. That, and more exchanges beyond Mt.Gox and BTC-e, especially those that cater more for non USD and Euro currencies like the Australian dollar would help as well and be less likely to fall victim to a DDOS attack.