Honestly, I have no idea. I predicted we'd break $300 this week, but I don't think that's gonna happen now. I hope it stays between $280 and $290... though below $100 would encourage me to buy. This strange little thing called bitcoin is stronger than lots of government backed coins. I live in a place where one unit of currency is 1/7 of a dollar. We dont make pennies anymore, the're too expensive. So, that makes the smallest trade-able fiat (5 cents) worth... 2,000 satoshi. If we still made pennies, they'd be worth 400 satoshi.
I live in what could be considered a third world country, yet some people here are wealthy. I am convinced that the poor live in the past, and the wealthy in the future. How did society look like 1000 years ago? Go to a poor place, you'll see (a little tainted by modernity, of course). The wealthy here have heard of bitcoin. Some are excited. I believe bitcoin has a guaranteed future. I dont know what price it will have, but I believe it's use will be widespread.
And I want to look to my friends and say "see? I told you so
".
I dont care if I lose the money, I think I wont (I bought
BTC0.13 at $270)... but if I do, I am sure it will never be worth $0.
