The price has bumped to $470 as quoted by the mate during the end of last year with a hope to reach $500 but fortunately it didn't reached. That $500 will be reached soon.
What is soon to you? one day? one week? two months?
$500 won't be reached that easily, and once we get there expect many people taking profits.
But I think from the time you posted the above quoted comment, the price will reach to %500 within only a week or two weeks, as not the price increase has been started and will increase more with fastest speed.