As an avid bitcoin follower that has been following bitcoin prices for years I have witnessed the ups and downs my experience places bitcoins current price at $2700 - $2900, my actual price always differs from the market price as I realise the market tends to over state highs and lows there is usually a safe median. However, with all the doom and gloom there has been way too much good confidence in current events before the negative news that has a community of cryptos that will lift prices beyond their recent highs. I predict the current news will only temporarily dent prices. Once china regulates, the adoption will enter much wider domains and $5000 will look like a bargain. Now is the time to buy, every price now is a bargain as long as you go long. BB
This is not financial advise, please do your own research and seek professional advise. These are just personal opinions.
Price depends on how people value it so basically I guess it depends on personal perception. I can agree with 1,000 USD or even 500 USD if a person felt that Bitcoin is worth that much in his own perception or valuation. Anyway if we do take the average price from the beginning of the year until now, I can say it can fairly fall under that category. But as I stated it is still in personal perception since Bitcoin price rely on the speculative value of each individual. There is nothing I can see to be the base reference for pricing of bitcoin.