This will be a fun thread to look back on by the end of 2018. I want to just log my thoughts here, so that I can come back a year & 2 weeks from now & see this post.
It's definitely possible that BTC could go to $500,000 by the end of 2018. Look at what people were saying at $1k..."I'll eat _______ if BTC goes to $10k by the end of 2017". Now we are at the end & it's nearly double that.
The thing is that only a small portion of the world's money is in BTC right now. As price continues to climb, more people go from "wtf is a bitcoin" or "It's a bubble", to "How do I buy some of that".
If price ends the year at something like $25,000, then that is only 20x for BTC to reach $500,000. I use the word only loosely, because currently in the cryptosphere you can say only 20x & people say "yeah, that's nothing".
It would be interesting later in 2018 to come back here to really see what even really turned out to be. Most times when I read some threads far back and the discussion of so many people and how bitcoin turned out eventually, that gives me some hope and really this forum is just pretty awesome.
The price ending this year at that value would really mean we can expect some huge rise in the value of bitcoin next year. No doubt! And how huge that is going to be, no one knows and even John Mcafee is so optimistic about it.