Current Price Floor (21/11/2015) : $320
The importance of agreement the cost flooring is to help amongst investment into the bitcoin space.
Bitcoin cost is underpined past times it's adoption.
Influenza A virus subtype H5N1 : Initially 2009 - 2010 it was exclusively the developers similar Satoshi where it did non select whatever value.
B : 2010 - 2011 a small-scale community developed in addition to value was established over forums cost of bitcoin was less than a dollar.
C : 2011 - 2012 Mt Gox the get-go central established in addition to the community grew approximately libetarians in addition to anarchist. Price increased to a few dollars.
D : 2012 - 2013 Silk Road was a unique piece of job instance for bitcoin in addition to value exploded to approximately $30
due east : 2013 - November 2014 New users in addition to speculators started coming into the space. Mining exploded inwards popularity in addition to the mining arms race was on. Price increased to approximately $200.
F : 2014 - July 2015 Bitcoin cost went to $1200 only I believe that this was pure speculation in addition to due to events approximately Mt Gox in addition to should survive discounted. Price flooring should reasonably survive approximately $230.
G : July 2015 - November 2015 MMM Ponzi scheme took off inwards Eastern Asia novel cost flooring of $300
Awaiting to a greater extent than piece of job instance for bitcoin to select inwards to a greater extent than users in addition to adopters, which volition institute higher cost flooring for bitcoin.
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Physical Businesses Accepting Bitcoins
Infographic of the Bitcoin Ecosystem
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