So you think we'll be back to single digits in a couple of years huh? Which essentially means BTC has failed. But you're back, so....
I never did say that.
The bitcoin protocol has not failed. But the bubble has to deflate and better payment systems have to be implemented.
In the last 1.5 years, no really progress was made in that direction.
I do not count Bitcoin payment procressors as progress. They only dump -> Why should I buy bitcoin with USD/EUR/... with fees, send them to Company XY -> and they convert it back to USD/EUR/... with fees.
This is just plain stupid.
We need a better distribution, better wallets and more sheep.
BTT:
I expect the bottom between 80-125$ to be honest.
There we will see a long sideways movement with a few peaks during 2015. Boring as hell.
So my advice.
Wait for another "crash" and buy some coins on the way down and then sit back and wait 1.5 years.
Either your coins are worthless or have increase by a factor of 2-10.