We're talking about something that was worth less than $200 a a year ago, and $0 5 years ago. So if you believe that BitCoin is following an uneven adoption cyc

We're talking about something that was worth less than $200 a a year ago, and $0 5 years ago. So if you believe that BitCoin is following an uneven adoption cycle, where there is a boom period followed by a pullback, which is what has been the case so far, then we're still at the beginning of its adoption curve. Additionally when mainstream markets for trading BitCoin open up - like Second Market's planned BitCoin exchange - you'll see a lot more money flow into BitCoin speculation from actual investment institutions, which could cause buy pressure. I think probably the most important - and maybe only - indicator of whether BitCoin can actually sustain its price is how many merchants are accepting it as a payment option. If this is still going up (as I believe it is) then BitCoin has a promising future. If it starts declining then I start to worry.