If bitcoin stays around long enough then there is a good chance that bitcoins as valued in dollars will reach $1000.  The trend in the denominator (usd) is down.  For example if you plug today's price of bitcoin/usd into a government inflation calculator you find that it took 46 years (1967-2013) for $143 to turn into $1000 just from dollar devaluation alone.  Obviously if the intrinsic value of btc increases (e.g. from more people trusting and using it) than that will accelerate the trend.  In short I think there is a good chance bitcoin will either reach/exceed $1000 or become worthless depending on whether or not it remains viable as time progresses.  I personally hope that bitcoin lasts. Bitcoin is a huge step in the direction of a more free society!