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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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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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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
 #3
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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