I saw $12K by the end of 2017. The 11/30 episode of The Big Bang Theory will be about Bitcoin, so that will be huge. Plus with CME and maybe other exchanges opening up crypto to the masses will be good for all of us who got in early.
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There's that story about Joe Kennedy and how he knew it was time to get out of the stock market when a shoeshine boy gave him some stock tips. There's some other thing someone said once about it being too late to buy an asset when you see it on the cover of a magazine. Or something like that.
Fortunately there's some technical hurdles that are keeping the average schmuck from speculating in cryptos. But once those are smoothed over, I'm thinking it's time to step back for a minute. Seems inevitable that there's going to be some sort of event at some point, and some painful amount of value will be shed.
And as much as I love btc, cryptos and the potential of this technology, who can deny that there is some froth in these markets?