New ATH, here we come!

[ineededausername]

Potential timeline for this final push:

End of Apr: $200, pressure building
May (1st week): $250, pressure building even more, giant wall at $266
May (2nd week): $500, $750 in rapid succession
May (3rd week): Peak at $1k with a giant selloff and a rapid climb back to $1k.  Peak: ~$1100
May (4th week): Back to $250, very slow growth from here on (think of Sept-Dec 2012)

Just pulling some numbers out of my nether regions...

[1715482155]

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[Kazu]

Potential timeline for this final push:

End of Apr: $200, pressure building
May (1st week): $250, pressure building even more, giant wall at $266
May (2nd week): $500, $750 in rapid succession
May (3rd week): Peak at $1k with a giant selloff and a rapid climb back to $1k.  Peak: ~$1100
May (4th week): Back to $250, very slow growth from here on (think of Sept-Dec 2012)

Just pulling some numbers out of my nether regions...

It won't go above $1000. It will likely peak just above $950. Also the time it takes to go from $200 to $500 is vastly understated.

[batcoin]

If my analysis is correct and nothing unexpected happens, I guess we will get at 1 BTC per 150 USD on 4th May 2013

or more likely tomorrow

The prophecy has proven true. Listen to the prophet.

[ruski]

Other than the dream of being rich, and a general belief in the potential of bitcoin, what exactly is the reason for a rising price? Yes bitcoin is useful, yes it's novel, yes crypto currencies are likely to be a feature of the future economy. But really?

Precisely? More purchasing volume at market than sale volume at market. People either want their bitcoins right now to spend, and can't be bothered putting a bid at sale price and waiting, or speculators don't want to miss the train. The former is value. The latter snowballs.