Trolling and jokes apart, the amount of money required to pump the price 10 times higher, and sustain it against heavy selling, is staggering. It was easier when the markets were less mature. But now... it can't be done by an handful of individuals. We'll have to wait for systemic demand, like when people are paid in bitcoin for their work and can spend bitcoin for their needs.
It's staggering how far the amount of money involved has already come. A few years ago I would not have believed today's cap could be reached.
The problem is humans mentally adjust to a "normal" price. If you had asked me if Bitcoins would ever hit $100 when they slumped to $5 range for almost a year after hitting $26 I would have laughed "HAH!". Compared to any of the richest people in the world, the BTC market is still an infant.
People are thinking of BTC like stock these days. $370 per share, 21million shares. Compare that to Apple with nearly 6 BILLION shares outstanding!
Now consider what an entire currency is worth. Bitcoin can't be split. The only option is for the value to increase. The problem is once we got past the previous ~$1100 high, it will really be completely unknown territory again and its anyone's guess where we will eventually land before it crashes back down. If I had to guess? ~$10K peak crashing back down to $2500.
What we are missing today however is a killer app for Bitcoin. Once consumer demand starts to match retailer demand the snowball will make today's prices... well seem like $5 again!
