I'm so happy to read so many people disagreeing with it so boldly. This means it has become a really realistic possibility because the majority is always wrong.
what you are saying is true but bitcoin to reach $5k will take some time its not that easy to achieve that milestone, as it is said that there is no short cut to success same goes with the value of bitcoins, it will reach there in future but it will take time.
If it doesn't happen in 2016 and if the world continues to be more or less the same it has been for the past 10 years THEN I would agree with you. However, 2016 truly is a critical point in time. I'm even worried that bitcoin's price might be the least of our problems this year. We're lucky if we don't get to see a full blown WW3 this year. I mean look at Turkey, Russia and Saudi Arabia and their flirting with nuclear bombs lately. Doesn't appear good at all.
Do you guys realize if there's thermo nuclear war, the internet won't survive? In fact, any and all electronic gears, including computers, phones, any electronic gadgets will stop working?
$5K??? R U Joking??? We can't seem to get back up to $500, let alone $1k, and U R talking bout $5K??? You must be HYENA.
You are right, this is just not realistic with the market price of today, I think it will even cost many years to even reach this amount, so soon its for away if you aks me.
I think its just a matter of time but it will take years to reach this, the bitcoin itself will go to a higher amount this year because of the halving but not to such a high amount.