I am new to the Bitcoin world but trying to learn. Can you in reality in the far future ever see a coin be worth more than 1K or more?
Theoretically and if regulated and legalized in most of the countries (or in the most importants and the developed ones) the price must go much more higher than the price mentioned by you in your post. The number of bitcoins is limited, the people which will known and will want to use it is predicted to be always higher and higher. At least these factors will can cause the increase of the value of bitcoin in time. It is for sure that these time are not near. So you will need to wait years to have the hope to see those prices. But are based even if conditioned.
Anyhow you can have the possibility to see a possible increase of value of bitcoin in the middle of the next year after the halving. The halving is the process of halving of production of bitcoin within the time a block of bitcoin is produced. It is actually 25 bitcoin every about 10 minutes. It will be (after the halving) 12.5 bitcoin every about 10 minutes. This decrease of supply of bitcoin (decrease of the flow of bitcoins in the market in an defined period of time) and at least the same demand for it (have no known reason which can cause the decrease of demand for bitcoin) will made possible the increase of its price. the amount remain to be seen. But normally must be for sure an increase of price of it. Repeat: all those are theory. The practice is another. We hope to see something that have big probabilities to happen. But sometimes win the less probabilities. Everyone of us who are here in bitcointalk hope the verification of the big probabilities.
