Re: will the bitcoin reach $1000 one day...?

Within a year or two, I think. With the caveat it might also drop to zero.

I agree, if bitcoin doesn't fail and drop to $0, it will absolutely reach $1000, and almost certainly reach $10,000.

10,000??! That's kind of a stretch, though bitcoin will remain as a primarily accepted universal cryptocoin

I see no reason that the value of a mBTC can't grow from it's current $0.70 to $10.00. It already reached $1.20 about a month ago. Does $10 really sound like such a huge number that it's "kind of a stretch?"

i move that mBTC just be called bits. i.e. "How much for this gallon of milk?", "That will be 3 bits please"