It seems like there are a lot of really bullish bitcoiners on here and the bitcoin subreddit - but I agree that it's not too far-fetched to see a $250 or $300/BTC by year's end.
I agree, especially with all the new investors jumping in on it. Of course we still have the government "problem," but as things are going right now I think it will be settling down in the future and we'll have a better understanding of how everything will work out.
Major investors getting in on this is huge, as those are the same people with the money and connections to push this out to even more people.