It's also worthwhile to note, as long as this thread is engaged, that the value at 260 was a "spike" -- the only people who bought bitcoins at that price were speculators who couldn't bear the thought that the spaceship might fly away even higher without them on-board, and other I'd guess clueless users who didn't notice that what they were paying $260 for today could have been had for a maximum of $100 only two weeks prior to that date, with Bitcoin having never experienced such high valuations on any public market in the history of time leading up to that point.