I predict another bubble, maybe of an order of magnitude higher than the last.

I agree. I've been following bitcoin for awhile, and alst weeks jump was a pretty big one after the Baidu announcement. I honestly expected a bigger dip when Silk Road closed, but it didn't really come. Now it's up to $200 this morning again. I won't be surprised if this new speculation and China news drives it to $300-$350, before a crash back to $140-$160 and settling there. It will level off higher than the last level of around $100-$120, and will reach a higher peak than the last bubble of (think it was) like $280.

I love reading about bitcoin. I'm too late to the game to really get into the speculation and don't feel like losing my shirt. But there is a lot of money to be had there. If I had a couple grand lying around right now I'd buy BTC today even at almost $200, because it's going to climb for a week or maybe more before it bounces back down.

I also noticed a lot of Chinese exchanges are opening up to LTC (LightCoin) as well, and at a $1.80 a coin right now its pretty cheap. Light coin rises almost in pair with BTC right now, even though it's not nearly as a useful currency, people still speculate on it quite a bit. Now that it's being added to Chinese exchanges I think that's gonna rise too. Those are cheap enough that I won't feel bad about picking up a bunch of to sit on and ride the BTC bubble.