What is unique about bitcoin is that the price has to be high enough for it to be useful. I mean who doesn't want to send money internationally without paying high fees? Who doesn't want to put their wealth in cold storage somewhere they can check from time to time? But in order for all this to happen, the market has to be liquid enough in the first place.
I am not the kind of people who will believe in a moon shot, but I will at least postpone outburst of fear uncertainty and doubt before we reach triple digits, the rally has to continue for bitcoin to survive, if you had been through the bottom of 2011 you will know how outrageously manipulated the market was then, simply because it is too small. Judging by percentage variation, the volatility now is way lower than it was then.
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