Is this the next big run-up in price?

[gentlemand]

I have owned some of by bitcoin for nearly 3 years now.
$10,000 is a conservative estimate for the next potential bubble peak.  $100,000 is a distinct possibility  There is alot of money in the world today (many trillions of dollars), and it doesn't take more than a tipping point of a snowflake causing an avalanche for confidence in fiat currency to evaporate and pile into gold and bitcoin, quicker than a blink of an eye.

I was referring more to the by December thing. I think $10,000 requires some answers to present issues that haven't been satisfactorily addressed such as scalability but then again humans aren't the most patient or rational creatures.

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[solid12345]

I was referring more to the by December thing. I think $10,000 requires some answers to present issues that haven't been satisfactorily addressed such as scalability but then again humans aren't the most patient or rational creatures.

Scaling will happen when the demand is there IMO. The Chinese farms may play hardball now but if they see their whole operations at risk of tanking overnight because the number of transactions are rising rapidly, they will concede rather than losing it all.

It is sort of like how telecoms had to be dragged kicking and screaming to upgrade their fiber optic cables with the rise of broadband, it's either evolve or die.

[RyanLZ]

The catalyst for next rise could be reaching the consensus of block chain size. The argument was the cause of last drop.