September BTC BOOM!

[MoreFun]

There are several high quality exchanges coming online in the next month or so, including Coinsetter, TradeHill, & BTC Global. These will make a significant difference to the market.

Can't find them to be successfull not even in one year, so there will be no difference (altough 2/3 will probably go down in that time anyway).

[Asteral]

There are several high quality exchanges coming online in the next month or so, including Coinsetter, TradeHill, & BTC Global. These will make a significant difference to the market.

Yes, Bitcoin needs more exchanges if we want to see higher prices. 4 big exchanges is not enough, we need 10.

[MoreFun]

There are several high quality exchanges coming online in the next month or so, including Coinsetter, TradeHill, & BTC Global. These will make a significant difference to the market.

Yes, Bitcoin needs more exchanges if we want to see higher prices. 4 big exchanges is not enough, we need 10.

Explain why we need more leading exchanges? Quantity over quality? 

[Asteral]

There are several high quality exchanges coming online in the next month or so, including Coinsetter, TradeHill, & BTC Global. These will make a significant difference to the market.

Yes, Bitcoin needs more exchanges if we want to see higher prices. 4 big exchanges is not enough, we need 10.

Explain why we need more leading exchanges? Quantity over quality? 

Stability... 10 big exchanges is better than 4 because customers funds will be more evenly distributed and diversified among the major exchanges. If one of the big exchanges goes down right now and loses customers funds, it would have a more severe impact than if it were only 1 of 10 big exchanges going down.

[BitChick]

There are several high quality exchanges coming online in the next month or so, including Coinsetter, TradeHill, & BTC Global. These will make a significant difference to the market.

Yes, Bitcoin needs more exchanges if we want to see higher prices. 4 big exchanges is not enough, we need 10.

Explain why we need more leading exchanges? Quantity over quality? 

Stability... 10 big exchanges is better than 4 because customers funds will be more evenly distributed and diversified among the major exchanges. If one of the big exchanges goes down right now and loses customers funds, it would have a more severe impact than if it were only 1 of 10 big exchanges going down.

Hopefully some of these exchanges will help promote BTC by advertising?  It can't hurt to have more options though and hopefully these new exchanges are more professional and make people feel more secure to buy BTC then the others.

[Wagner2014]

^ hopefully bitcoin becomes widely used and useful thus justifying a higher and sustainable price based on fundamental economic reasons rather than based purely on speculation and hype...

[vokain]

hopefully more people offer stuff for btc!!!!! i'm ready to spend (on things worth it), show me what you got merchants

edit: on that note, have you guys seen the Goods forum as of late? Sooooo many cool new offerings than 6 months ago.

Wooden pinball-like stations that require thinking/coordination, 10% discount
BLACK LACQUER HAND DRUMS W/INLAY ON STAND (PRICE CHANGE)
[WTS] 25' Sport Boat - BTC/LTC/$ combo
Siminstruments.com - iRacing dash telemetry hardware for BTC
Your Own MANSION in Bitcoin PARADISE: Punta del Este, URUGUAY

[samson]

This will be Cyprus x 100 for Bitcoin

100 x Zero = Zero

[bitcoin carpenter]

We all need to stRt accepting bitcoins at our busineses....
Once you can get your house built for btc it will finally be mainstream

Btw if you live on southern vancouver island I will consider it

[meanig]

This will be Cyprus x 100 for Bitcoin

100 x Zero = Zero

I know four people in Ireland who knew about Bitcoin (I told them about it) but never had the urge to buy any. On March 16th they all contacted me separately asking for the best way to buy a few thousand euro of bitcoins. Cyprus changed everything. Bank deposits will never be safe again.

Portugal will need a bailout before the end of the year and I expect deposit confiscation will be part of the agreement.

[jbcv]

The thing with countries bigger than Cyprus defaulting is that it is much less likely to happen. Italy has already been in trouble once over the last few years and Greece has been on the ropes for a good while now, however neither countries have crashed to the scale of Cyprus.

Of course if a country does crash, the effect on BTC should be bigger than Cyprus (due to more people effected, so more demand for btc). Before this happens media will be reporting on the country's economic issues, so it will be some time before this happens. Its not like one day we will wake up and suddenly Portugal is broke.

I still think btc will be depreciating in the near future. as for September's price, depends on if a default happens sooner or later (i suspect later).

[pyromaniac]

My prognosis: next April peak $2250 per BTC.