the only way Bitcoin is going to go up in value is if the USD that's backing it disintegrates much like the Deutsch Mark did during the Weimar Republic..

Then each BitCoin will be worth thousands if not hundreds of thousands, but what good will that do, when everything the dollar used to purchase, now takes wheelbarrows of Federal Reserve Notes to buy a fucking loaf of bread...

Unless you can somehow trade BitCoins for the Chinese Yuan or Russian Ruble. But unless you live in those parts of the world those currencies won't do you much good in the soon to be 3rd fucking world nation of Amerika.