Re: I am pretty confident we are the new wealthy elite, gentlemen.
What's wrong with $80,000 per coin?
Nothing much but isn't it considerably more of a stretch? A $1000 coin was achieved off the back of a few hundred thousand enthusiasts using comedy exchanges run by children and crooks.
$80,000 would need a decent chunk of global wealth being convinced to pour into it and stay there. It probably wouldn't actually require that much USD in global terms, maybe $100-250 billion of direct expenditure to push it that high but that's still far from chump change.
Possible but far more difficult to achieve.
When the next Bull market finally starts, people will discuss $100,000 to $1 Million+ per BTC and be taken seriously. I think ~$5,000 is not too crazy within a year or two.
None from suggested speculated prices seems impossible. Just imagine the price per bitcoin when millions of new bitcoiners will want to buy some. Price will be astronomical.
Owning "an entire Bitcoin" will be a really big deal, both as a status symbol and "collectors item". There will always be enough BTC for it to be a currency (by, for example, using 0.0000000000025 BTC to buy a new car
) but there will be a severe shortage when people realize it is getting too late to obtain a full 1.0 BTC.