BTC value at the end of May

[miningusa]

I'm guessing not much different to what it is now.

[g0reDon]

I think that the value of a BTC will depend on how many European nations are ready to fall over. Or whether the Koreas are at war.

Geopolitical stability is not good for the value for a BTC. More chaos is needed.

sad but true

[btctr4d3r]

I really hope we beat the previous all-time high!

[g0reDon]

I really hope we beat the previous all-time high!

i think it won't happen so fast...

to stabilize BTC Price at 135$ there must be bought ~50000BTCs .... do you know anyone who wants to spend 5600000$ in BTC right now?

whats needed for 250$ per BTC i cant say, my chart's max is at 135 atm

[BeepBeep2]

If only people would take constant trading for USD and leave it alone, there wouldn't be so much volatility...

What happened were guys with Avalons making $$$$ then dumping all at once.

[ssinc]

as more asics come out and difficulty increases further the price will start to stabilize again. I think $75-$125 for most of May.

[mr.vrox]

important Q is, are ASIC profitable at BTC < 100$ ?
or are they merely converting electrical energy ($) into coins?
I 've ran the online calcs in the past for my GPU, but probably someone here already has a figure for ASIC in June'13.

[Peter Lambert]

Why don't they change the unit from BTC to a mBTC then everyone can afford bitcoin?

isnt 1 mBTC equaling 10 satoshi?

No, 1 mB is 0.001 btc or 100000 satoshis. You might be thinking of uB (microbitcoins) which are 100 satoshis.

[Aedius]

$100 - $130 seems like a safe bet, but if there are any f500 or large internet businesses that accept bitcoin we could see the price increase dramatically.

[darklight]

It seems reasonably stable atm, $100 low $120 high. Don't think it will go much over $120 for a while, there are a lot of people wanting to sell at that price.

The ASIC situation will be really interesting to watch, but it could just as easily go down as up. When it gets to the point where GPU mining is pointless and the only people making coins are the elite few, people might decide its a good time to get out. I wouldn't be at all surprised it we come to a stalemate, where the ASIC miners can't afford for the price to drop but noone else wants to buy at the prices they are offering.

[Cozzie]

 I think it will rise slightly but it's hard to guess what price based on current situation be because bitcoins is driven by news at the moment. That said, the issue is volatility because a rise of say, 10% overall this month but with a swing of 30% makes people who have yet to adopt less much less confident to do so.

[Kolast]

Price too volatile to predict. $105 is my guess.

[diamondp]

Really depends on how much value is being transacted by the network. Users count too. With this volatility I wouldn't be surprised to see anywhere from $50 to $200.

[saudibull]

We can only hope $1000... lol right, but probably like most say about $130 I would say I think its going to steadily grow from now on .

[Jesteroth]

ASIC will show their real effect on September 

[WalterH63]

About $100 per bitcoin is pretty good to me . I think it will hit $250 again (fingers crossed)

[BitshireHashaway]

I'm not sure. I think once Asics are the most power efficient someone will make a room full of Asics and just control the entire Bitcoin market by having such a large hashing power. I'm personally thinking of it as two situations.

-> Price will rise/stay the same as Asics won't really affect the price and it will increase as I think it would with GPU mining.
-> Price will decrease because people become less interested in mining when they realize they can't do it unless they just buy an Asic and it is hard to get ahead of everyone else.
-> Price stays the same because the decrease in cost to mine with Asics is combated by the increase in difficulty.

[Crukkis]

i think btc is clearly long time bearish now, it's impossible to bet on the end of may but i think it have to go down near to 30 next months

[vemrion]

I'm guessing there will be some ups and downs (as low as $76, as high as $140-150) but will stablize around $120-130 at the end of May. Or maybe the spikes/drops will happen at the end of May, I dunno. But it's been pretty stable the last few weeks. I thought the road might be rockier than this. Surely there are some more bubbles on the way, but it's not clear when that will be.

[Shudagon]

While it will go up an down, I'd assume it will hit $200 again soon.