We'll reach the 10 billion market cap but I'm not sure when, probably after the halving. Surely we can't reach 700 before?
that was for 2014, right now we need BTC @ us$645 to reach 10B market cap, that will for sure happen any time now( next week!).
highest market cap ever reached was $13.9 billion
we're getting petty close to crush that.
We would need a 50% appreciation to reach that level.
I wouldn't call that pretty close.

I do believe that we will eventually get there..