Quote from: SmoothCurves on December 01, 2015, 07:10:40 PM

We will rise to a new base of $500-700 before the halving.

The subsequent bubble will take us back to $1k, then up to $7k

Why only $7k and not $70k? Let's be a bit realistic in here! Rising to $7k from where we are here that is like 20 fold increase.
Based on mere halving event, that is reducing the number of newly created coins, but the coins that were already mined do stay around.
Speculation on halving is one reason to get the price growing, but to get that far you need substantial increase of volume compared to where we are now.
That means attracting new users, broadening the adoption. Mythical Chinese speculators would not be able to push much further beyond the last ath, I estimate it to max. $2-3k, if we get really optimistic. All what goes beyond that should land in the sci-fi section.