If NOT $1500 by July, maybe $1500-ish at some point before the end of the calendar year?
I remember people "calling it" last November:
Anyone got any speculation for where we are headed in the short term?
Seem's like everyone's just so surprised we broke $1000 nobody planned any speculation for afterwards, and I need speculation.
Surprised ? Who ?
When it was crashing from 900 and we reached 550 USD I said : It will fall below 500 but 400 will hold. If 400 holds then we will hit 1000 USD within the next 10 days. And here we are 7 days later... All correct.
Expect more of the same, going up strong with some corrections/ crashes on the way. For exemple we maybe hit 1600 before crashing back to 1200, then resume rise.
I believe it can again double by the end of the year to 2000 USD. A more conservative estimation is 1500 USD by the end of the year.
In 2014 I believe we'll witness the bull through the 4 digits with the 5 digits in sight. When we reach 5 digits is anyone's guess but I personally see it happen within 12 months.
So ... people felt 2k to be a reasonable figure by the end of 2013.
Personally, I wonder IF we'll see $700-800/BTC this year. There are plenty of lines drawn on charts; $1500 by the end of July, Risto thought of $1M/coin and so on.
De facto: IF all Chinese investors cash out their coins at a loss right about now, we'll see a stable $150 for quite some time.
Not to mention the bankruptcy of some major Chinese exchanges; negative news coverage all over the world, the "Ponzi" word pulled way more than it should and so on.
Investors ? people with USD on the exchanges ?! Where ? I cannot see them anywhere.