In order for bitcoin to hit levels of $250,000+...... it will need to be accepted and marketed everywhere. So far, Microsoft accepts bitcoin. This could be the ice breaker and the door opener for other companies such as Apple, Sony, Google, etc down the road, eventually leading to retailers such as Walmart and franchise such as Mcdonalds.
In order for bitcoin to take off to levels that seem ridiculous right now, we will need to see the average Joe not only be holding bitcoin..... but also be spending it. (In this case, $250,000 could possibly be severely underestimated)
The issue about this happening will largely mean a change in our orientation in the way we all see bitcoin because quite a number of us are seeing it as an asset and thereby hoarding it with the expectation that price will increase but for it to get the massive attention, it needs to be available and affordable because without that, we will continue to be stuck at a growing currency which is still growing after 8 years or thereabout