though i think eventually bitcoin will go to a million dollars, simply because u.s.a. keeps inflating its currency, i don't think bitcoin will necessarily buy more goods and services than it does right now. that is, it won't buy more eggs, but it will take 10000 dollars to buy a dozen eggs. I'm holding onto bitcoin as insurance against the malfeasance of the banks.
It can happen but the real question is when it is going to happen. Maybe the price will not be that high because of people holding on to their Bitcoins forever.
I think the price as high as it will not happen in bitcoin dude. after all people have the freedom to hold their bitcoin
and if demand increases it will continue to give effect to the price.
althiugh many users hold their bitcoin.