Bitcoin 100k is impossible.
You can create bitcoin replica's ad infinitum. Pointing miners to build a network takes a second.
Look how stable the BTC/LTC exchange rate is relative to BTC/USD. You can inflate the total amount of cryptos via substitution. If the price of BTC is too high people go to alts. This isn't a theory its been happening since spring 2013. Litecoin becomes very fungible with BTC.
Bitcoin is now half a decade old. Stagnant development has kept it in a permanent beta stage to give off the aurora that it is the "new" thing. The development "talent" pool has also been a total disappointment. As with all open source projects, no real incentive's in place. The biggest development in the last 12 months has been changing the name to bitcoin core.
Bitcoin userbase is as small as ever. Couple thousand unique users daily at max. All these pumpers have told us about the adoption that's coming, but somehow never materializes. We then quickly hear the excuses China, Mtgox. etc. Look how fast coinmap.org has slowed down, and most of the business's on there are shelling VNC's.
Sorry guys. The bull market was 09-13. The easy money was already made. Sure bitcoin can rise 2 3 4x from here, but another 100 bagger? Not a chance.
Sorry heard that too many times.. You must be new.. oops you are. Maybe writeup an essay with your points and we will refer to it as how NOT to invest our money in hindsight.
It will keep rising with network affect until a momn pop coin comed out that solves any probs btc has that its codebase cant fix. Chances are low since people are more trusting of technology without knowing it as ever. Noone will care about bitcoin v2 if they dont need it. Right
now top 1% has been too greedy so people see the need to switch away from fiat aswell as the instant tx without fees and traceability that allows for an order of magnitude in innovation that may fuel our next knowledge bubble.