A definite pump would start to come out and you know what's going to be their next words? "Bitcoin is a pump and dump scheme". Considering the amount of people that's willing to buy it higher than $1,000 then everyone will rush to purchase it if it goes to $2,500 - $0.01

The market is strong and fair enough to say that bitcoin is backed by the people and businesses. Fiat is backed of by the government so it has value and the government controls the people. While us, we as citizens are backing up bitcoin directly without the government's consent.