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When you read the comments in this thread you see that some people say "hmmm, maybe...", like in a couple of years or so. I'd say it can happen within the next 12 months (assuming there aren't any sudden obstacles due to regulation coming up), maybe even sooner.
We've seen this spring how fast things go when the trend turns parabolic -- doubling time scales from about a month (25-50), then 2 weeks (50-100), and at the end about a week (100-200). If the rise accelerates at the same pace as in Feb/Mar, we can 8-fold our current value of 130 (bitstamp) within about 2 months reaching 1000 by end of October.
I'm not saying that this will happen, and I'm not sure if I'd want this to happen, as the inevitable subsequent crash will cause a lot of blood to be shed -- mostly by inexperienced people. Anyway, I just wanted to show what another parabolic growth like in Feb-Apr would mean.
Anyway, it's hard for me to assess how likely this would be to happen anytime soon. But as I said, Bitcoin has the potential to grow far beyond $1000, and I think it can happen rather sooner than later.
We've seen this spring how fast things go when the trend turns parabolic -- doubling time scales from about a month (25-50), then 2 weeks (50-100), and at the end about a week (100-200). If the rise accelerates at the same pace as in Feb/Mar, we can 8-fold our current value of 130 (bitstamp) within about 2 months reaching 1000 by end of October.
I'm not saying that this will happen, and I'm not sure if I'd want this to happen, as the inevitable subsequent crash will cause a lot of blood to be shed -- mostly by inexperienced people. Anyway, I just wanted to show what another parabolic growth like in Feb-Apr would mean.
Anyway, it's hard for me to assess how likely this would be to happen anytime soon. But as I said, Bitcoin has the potential to grow far beyond $1000, and I think it can happen rather sooner than later.
I would like to agree with you, because when writing my thesis on Bitcoin i bought one BTC for 5$ just to know how the process works, and after about 12 months the value of currency was more than 200 dollars! Of cource there was a fall, but in my opinion, the value can both rise and drop very quickly, and this can happen in a very short period of time. So, one day it might be 1000$, and 1$ the other.
