Its on its way - the value has rocketed to $1000 per bitcoin, with informed bets that its medium term ceiling is $3000 a coin !!

It got the tacit node from the Senate on Tuesday .... great news. Hope the Admins still have those 53 Bitcoin ..... !!

http://www.cnbc.com/id/101209588

http://www.nbcnews.com/business/virtual-currency-bitcoin-bursts-through-real-1-000-barrier-2D11663468

I have been following this. Some Forex Traders are starting to accept Bitcoins for their bets. Some Banks like ING and SAXO are not allowing to transfer money from accounts to Mt. Gox Exchange.
This is getting wild.

Hope the Admins still have those 53 Bitcoin ..... !!

I don't think it will get to 3.000 at all, but those 53 Bitcoin will pay a few papers for sure.

It will go to $3000 in the medium term as it runs up to the 30-50 year implementation. Once its implemented, current estimates in Financial circles are the value of each of the fixed number of Bitcoin will be $300,000 in todays money, with an - initial - value on the new Global Currency system of $700Billion in todays money.

It will go to $3000 in the medium term.

Going down to 600. "air thou art and unto air shalt thou return"
Maybe sometime there will be a crypto currency. No reason to be Bitcoin.
I see it back to 300 before the end of the year.

Ok, i must be completely out here, but let me ask you something: what Bitcoin produces? isn´t that just a waste of eletricity? isn´t a piramid thing? How can such thing be a long term stuff if it don´t produces anything that people should need or use? I mean...it doesn´t produces anything, it doesn´t pay any taxes, it makes....what?

MtGox Files Bankruptcy
http://abcnews.go.com/Technology/wireStory/tokyo-bitcoin-exchange-files-bankruptcy-significant-amount-virtual-22713779

Ah fine :) just started with my just for fun beginnerset with 4 little Asic miners with summary 1,33ghash. Thats the power of two stock hd7970 but for just 10watts and costs of only 62euro :) perhaps i get two more for some euros and a raise to 2ghash, lets see what happens :)

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---------- 24/7 Crunching since 2011 -----------
DSKAG Austria: http://www.dskag.at

Ah fine :) just started with my just for fun beginnerset with 4 little Asic miners with summary 1,33ghash. Thats the power of two stock hd7970 but for just 10watts and costs of only 62euro :) perhaps i get two more for some euros and a raise to 2ghash, lets see what happens :)

Be sure to let us know how you do? I 'mined' a LONG time ago and it took me longer to make 2 coins, that were worth about 10 dollars apiece, then it cost to 'mine' them.

Be sure to let us know how you do? I 'mined' a LONG time ago and it took me longer to make 2 coins, that were worth about 10 dollars apiece, then it cost to 'mine' them.

A long time ago there were no ASICS.

People who have Bitcoins now will tell nothing has happened, but after this Bitcoin is dead. Who is going to trust a system that you can't rely on it's Price, on it's value, on the exchanges... with such a huge volatility...

The most important thing for a currency is TRUST. Without trust of not loosing the value nobody will beleave in gold, dollar, euro or real state.

I think is a bit sad, I think crypto currencies have many advantages once goverments had started to regulate on them.

Be sure to let us know how you do? I 'mined' a LONG time ago and it took me longer to make 2 coins, that were worth about 10 dollars apiece, then it cost to 'mine' them.

A long time ago there were no ASICS.

People who have Bitcoins now will tell nothing has happened, but after this Bitcoin is dead. Who is going to trust a system that you can't rely on it's Price, on it's value, on the exchanges... with such a huge volatility...

The most important thing for a currency is TRUST. Without trust of not loosing the value nobody will beleave in gold, dollar, euro or real state.

I think is a bit sad, I think crypto currencies have many advantages once goverments had started to regulate on them.

And as Mt. Gox found out security is paramount when alot of the stuff is digital.