Quote from: Hyena on May 24, 2016, 04:02:46 PM

So many stupid people posting here.

Bitcoin went from 120$ to 1200$ in a month. It was 10x increase. From 500 to 5000 is also a 10x increase yet some absolute morons with no knowledge of history at all think that it would take LONG TIME for BTC to jump to the next order of magnitude. A month is not a long time. It can happen at any time, without warning. And by soon I mean in 2016 (Spring 2017 the latest).

I think you cannot compare that, you forgot the pschological aspect. Its a big difference and a completley different world if something goes from 100 to 1200 or from 500 - 5000. Think also on the times when bitcoin was worth some cents, I don't want to the maths...

There won't be such a crazy increase again and if there is a big increase like in your example it will needs adoption and much much time, maybe a decade or even longer.

I personally cannot see that within the next 5 years but its just my opinion.