Quote from: astor on November 26, 2012, 05:47 pmQuote from: SelfSovereignty on November 26, 2012, 04:27 pmPersonally I think they went up solely because of WordPress beginning to accept them (WordPress is the 22nd most-visited site on the internet). That was an interesting turn of events and could get WordPress into trouble. American corporations are prohibited from doing business with certain countries, like Iran and Cuba, yet they explicitly stated in their press release that this would allow Iranians to pay for services. I wouldn't be surprised if the US government investigates.Oh wow, I hadn't even considered that... I think you're absolutely right. I'll be damned. Well that doesn't bode well for Bitcoin, now does it...As for speculation, I don't think the value will change significantly. Right now there are 50 new coins generated every 10 minutes, bsaically (ignoring transaction fees collected). But there's a much, much higher volume on any given day than just 50 * 6 * 24 = 7200 new coins per day from mining in any 24 hour period. And who knows how often they actually sell off those coins anyway. Frankly I wouldn't be surprised if a lot of miners end up "hoarding" their rewards because they either haven't paid off their rigs yet or just barely have and are trying to accumulate some gains now.