I think at this current rate it might get up to $1.5k or even $2k by the end of the year, that's being very generous and optimistic though considering we have balanced out at around $1000 for the past two weeks.
It might just stay balanced at $1000 a piece for a few more months to come, who knows? It nearly hit $1242 again two days ago but due to the bad news regarding the new China and BTC banking law, the price skyrocketed downwards.
Still though, over $1000 a piece is great considering this same time last month it was going for I think $150 to $200 a piece, and it had stayed there for quite a few months already, maybe it might stay around $1000 for a few more months to come.
It might just stay balanced at $1000 a piece for a few more months to come, who knows? It nearly hit $1242 again two days ago but due to the bad news regarding the new China and BTC banking law, the price skyrocketed downwards.
Still though, over $1000 a piece is great considering this same time last month it was going for I think $150 to $200 a piece, and it had stayed there for quite a few months already, maybe it might stay around $1000 for a few more months to come.
I wouldn't be averse to it staying at 1000 $. Speculation is nice, but augmenting the usability of Bitcoin (for merchants) is nicer.
