How can everyone be sure it will rise to $500/BTC-$5000/BTC? These are just random numbers people think of. Where's the research to back those projections?
So far all of this are just pure speculations right now..
I agree with the article linked above.
By 70 trillion USD/year World market, Bitcoin would be somewhere between 1 Mio and 10 Mio USD.
I do not believe in a 100%...so 1% makes 10k USD...
Also i do not believe it takes more than a year to hit 1-5k USD - so looking forward.
Money is about belief - and the belief is strong here.