Holy crap, I'm right again!
You will be right again. It only takes very little bitcoins to move the price. However, it is going to be very difficult to sustain higher prices as everybody will take advantge of the higher price and start dumping. Once the price starts to get lower people will dump as they want to cash out.
An alternate projection is that over time people with different means and agendas will supplant, as primary holders of the Bitcoin currency base, those who are impressed by a stack of fiat bills and pre-occupied by thoughts of the trinkets that that stack represents. It will be much harder to shake these people out.
So you are basically saying people would start buying btc for another motive than greed?
Not at all (though some may.) Different people get greedy about different things.
Current projections are grim, way more grim than ever. The reason is that the hype cycle has failed to evolve into an idea, but rather it looks like a hyped business. There might be some upside if we reach a somewhat stable region and a slight uptrend in the next couple of months.
But if there is another, smaller parabola it's over.
In my opinion, the best thing that could happen for Bitcoin is that it lays low and remains off the radar until such time as it is actually needed. I doubt that it will ever die of old age since it is to interesting to to many geeks. Whether corpgov could do the deed I am not sure. I actually doubt that they could at this time. It also could get a terminal zero-day sickness, or be hit from within by development sabotage or splintering.
