Here is my prognosis:
The chances of sub $50: only 10% chance
sub $100: 20% chance
70% chance of:
"Final capitulation" .... looks to stand at around $120-$250
The chances of sub $50: only 10% chance
sub $100: 20% chance
70% chance of:
"Final capitulation" .... looks to stand at around $120-$250
WHEN?
Bitcoin to 120 dollars is a 70% certainty! Someone tell Paypal! These threads are ridiculous.
100% certainty... eventually. Bitcoin is not the future. It may be a stepping stone to it. It won't be adopted by the masses without major, major changes.
Why? The general public will be using web wallets and phone apps. These are already several iterations along already. In five years everyone in a country with electricity will have some form of smart device which holds their wallet. Bitcoin just has to survive and it will rise up. (IMO
)