Since ages, people keep debating - will BTC pump? Will it go to the moon? Will it drop?
I'm asking myself what's the purpose of these questions? BTC wasn't created to compete with the value of USD or other fiat currencies, but to replace them completely. Therefore, if people would just think prices for various stuff in BTC, instead of calculating them in the BTC value compared to USD, all these questions would be irrelevant.
Think just that 1BTC is equal to 1BTC, not to its value in USD. Take as an example what happens in this forum with the price of VIP account: it was 50BTC since the beginning and it remained 50BTC, no matter the value of BTC in USD. Because the price was calculated in BTC and not in USD.
And even if we would think about the value of BTC in USD: it is 8000 times more valuable than USD!!! It is world's most valuable currency! It actually crushed the USD! So why does it matter if it is 8000USD or 1000USD? Even if it was 1000USD, it would mean it is 1000 times more valuable than the dollar, right? Even if BTC was valued at 2$, it would be twice as valuable compared to USD which is world's most important fiat currenct.
This thing called valuable was truly amazing, and this has been very controversial on different forums aside from bitcointalk. People do't want to dig deeper on how bitcoin is going to increase at any predictions. What they're about to see was the effect of the hype and other possible factors that will affect the growth of increasing value of bitcoin. Indeed, it was more profitable than USD and it's the reason Government was seriously regulating the usage of bitcoin through legit purpose; limiting people on investments like ICO or the latest one which is an IEO.