http://www.forbes.com/sites/laurashin/2015/12/11/should-you-invest-in-bitcoin-10-arguments-in-favor-as-of-december-2015/backup :
http://imageshack.com/a/img905/2994/mkSawb.pngThis is the first article in a three-part series on whether or not Bitcoin makes a good investment.
Article très technique ... et juste.
In covering GBTC, Wedbush Securities analyst Gil Luria has made projections for the value of Bitcoin as far as 10 years out. His projections are based on a hypothesis similar to Silbert’s — that as Bitcoin becomes used more for transactions, a certain monetary base would be needed to power them, driving up the price. In July, he projected a 12-month target of $400 for one Bitcoin. In early November, once Bitcoin hit that number, the company updated its analysis, arriving at a 12-month price target of $600 per Bitcoin (or $60 per GBTC).
Having spent most of his career in valuations, Silbert believes a good second analog to Bitcoin could be a technology company. In this thought experiment, Bitcoin the “company” has authorized 21 million shares to be issued, with about 14.9 million currently outstanding, and has a market cap of $5.9 billion. If you look at businesses that could be affected by this new “company” Bitcoin, some may include Western Union, which has a $9.5 billion market capitalization and PayPal, which has a $43 billion market capitalization.
“As a technology, as a protocol, as a platform, could Bitcoin have the same impact on society as a Facebook or a Google or an Apple has had? The answer is that it could. I’m not saying it’s going to, but it could,” says Silbert, noting that Apple’s market cap is nearing $650 billion.