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.
You know that this is not going to happen soon, if it happens then I am going to be shocked that is for sure. For the price to be this high is possible in 2017 or 2018 but not now. You said 2017
as if it wasn't soon... it's less than a year till 2017
2017 is just 6 months away. But I think the price will not be $5000 in 2017. If it does reach that level, it will also drop to $500.
bitcoin has seen much larger rises n a short timespan.
for example a 100 time rise in 11 months.
nothing is impossible, and if we get similar rises again we could easily see $50,000 by Q2 2017.
It's not even that unlikely, considering the long bear market and the halving and all the infrastructure improvement and investments since the last big peak.