http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11569321
You're all going to be very rich if you hold your Bitcoins today.
Definitely is the right time to buy in right now. And yes, $800 is very possible in the short term.
Bitcoin is a great way for the Chinese to get money out of their country. They have limits on how much forex they can buy each year from the government. Bitcoin overrides all of those regulations.