what will price be on August 1?

[transient858]

ICBIT is pricing it around 700 usd for september and around 800 usd for december.

[keithers]

Around 700-800 range.

This would be good if we are in this range.

[bkora]

IMO $1000+
may be it will make new high

[AdamSmith]

Around 700-800 range.

This would be good if we are in this range.

News is out the auction winner bid well over market price at around 700.

[davidgdg]

Around 700-800 range.

This would be good if we are in this range.

News is out the auction winner bid well over market price at around 700.

I have seen no reliable evidence anywhere of the level of the winning bid. Do you have a source? (not just second-hand news-aggregation gossip)

[davidgdg]

ICBIT is pricing it around 700 usd for september and around 800 usd for december.

I wouldn't place much reliance on futures prices. For pretty much every commodity they tend to be slightly higher for long-dated contracts. Gold, stock indices and house price indices are no different. 

[SirChiko]

Probably around 800-850$ If nothing bad will happen.

[Thylacine]

$700's

There's been a ton of merchant acceptance and general business investment in bitcoin recently which all has been far more bullish than anything that came out November last year. That said, I just don't think there's the mania and get-rich-quick crowd waiting on the sidelines to pump it into 4-figures+ right now. I think it's going to be steady rise with a reduction in volatility, and this is what we want...

[inca]

$700's

There's been a ton of merchant acceptance and general business investment in bitcoin recently which all has been far more bullish than anything that came out November last year. That said, I just don't think there's the mania and get-rich-quick crowd waiting on the sidelines to pump it into 4-figures+ right now. I think it's going to be steady rise with a reduction in volatility, and this is what we want...

I wouldn't get too bothered trying to time things.

What is likely (not certain!) to happen is what all always happens. The last rally brought with it huge media splashing of bitcoin to the great unwashed. A proportion will have either read about it and forgotten or seen the price plummet and stayed out. As the price flirts with the ATH they will climb on board along with the whales and speculators. The price will feed on itself and mania will set in. If we are lucky an ETF will be sucking liquidity from the market.

Its going to happen. The only question is when. My guess is we disillusion some speculators for a bit longer before ambling up to the ATH.

History often rhymes.

[ajareselde]

600-699 $ nothing quite big enough actualy taking place to justify bigger expectations.
Before bitcoin reached market cap. this big , it was easy to move the price, but now you realy need something big to push the price up, without it comming right down few days/weeks later.

[btcbeliever]

Before bitcoin reached market cap. this big , it was easy to move the price, but now you realy need something big to push the price up, without it comming right down few days/weeks later.

So you don't buy into the logorithmic rate of growh for adoption of new technical innovations - like facebook members, smart cell phone adoption, that sort of thing?  Based on the adoption curves I recall seeing we have at least a few years left of 10-fold annual increases.  Fiat currency is soon to be dead, just like email replaced inter-office paper memorandums.

[ThatDGuy]

Before bitcoin reached market cap. this big , it was easy to move the price, but now you realy need something big to push the price up, without it comming right down few days/weeks later.

So you don't buy into the logorithmic rate of growh for adoption of new technical innovations - like facebook members, smart cell phone adoption, that sort of thing?  Based on the adoption curves I recall seeing we have at least a few years left of 10-fold annual increases.  Fiat currency is soon to be dead, just like email replaced inter-office paper memorandums.

Not so sure "soon".  People* still use fax machines.  

*draconic industries

[Benjig]

I was going to say the more reasonable 1000-2000 but because bitcoin can surpass our expectations i say 2000-4000

[wobber]

I was going to say the more reasonable 1000-2000 but because bitcoin can surpass our expectations i say 2000-4000

I loled.

[GangkisKhan]

Around 700 per coin.

[Candystripes]

Don't put 8000 next time or people will just think it's funny to choose it.

[SunBin]

August 1st is only less than 1 month away.

Don't see much can happen between now and then.