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Bitcoin Forum > Economy > Economics > BTC 1 = U$ 10 ..... before when?
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Question: When will BTC 1 be first traded for U$ 10?
Before June 21 2011 - 2 (6.9%)
Before Dec. 21 2011 - 16 (55.2%)
Before June 21 2012 - 6 (20.7%)
Before Dec. 21 2012 - 2 (6.9%)
After Dec. 21 2012 - 3 (10.3%)
Total Voters: 29

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marcus_of_augustus (OP)
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April 27, 2011, 04:08:42 AM
 #1

Think this is more relevant than the $2, $5 or $20 polls.
An order of magnitude is a nice, round, psychological number.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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April 27, 2011, 04:10:36 AM
 #2
I wouldn't be surprised to see it happen before the end of 2011. Hopefully.
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April 27, 2011, 04:32:50 AM
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All it would take is one big adoption---or even the rumor of one big adoption. Gavin could pump the market to $10 tomorrow just by saying something plausible like, "Hey, the PokerStars execs are seriously interested in migrating to Bitcoin!" If they actually did so? $100 per bitcoin without breaking a sweat.
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