Possible? Definitely! If you asked people in February 2013 if it was possible or probable that Bitcoin was worth $1000 in December 2013, they'd send you straight to the loony bin! But it happened. A crazy increase! And a 4- or 5-fold increase over the course of more than a year is possible with Bitcoin!
This is exactly why it WON'T happen. Most people bought bitcoin in February 2013 or earlier because merchant adoption hadn't happened yet, and there was a lot of hype about it happening and bitcoin going mainstream soon after. Those early adopters wanted to see what it was all about, but deep down didn't expect huge gains and were just interested in the potential. Most of them just tested the waters by investing a few hundred dollars at most.
Now all we hear is,
"When will bitcoin hit X amount of money?"
"Should I go all in?"
There is nothing particularly interesting to look forward to anymore. There was a lot of support behind bitcoin in 2013, but now the momentum is gone. Yes, there is the ETF, but that is not a bitcoin development, it's just another way for people to invest. But if they wanted to invest, they would have already invested!
Now, it's just become a get rich scheme. The public has decided they don't need bitcoin, so now it's a bunch of bag holders with big dreams and nothing to back it up. $1,000 will never happen again, my friends. It's over!
Bitcoin is an incredible emergence. In spite of its technical elegance and originality it is still a form of money. Most people have invested fiat money to obtain bitcoin money with the knowledge that it will probably be worth more in the future. That was true in the early years when bitcoin lacked utility, just as it remains true now. Looking back through old forum threads people like you have been announcing the end of bitcoin since 2011. You were wrong then and you are likely wrong now.
Bitcoin at $1000 dollars will never happen again? LOL. Tell that to the VC's pouring hundreds of millions into bitcoin right now. Tell that to the huge companies, merchants and payment processors integrating bitcoin this year. A small number of bitcoins trade on exchange to determine the price. Supply will be constrained by the block halving in 2016. The exchange traded fund COIN will open up bitcoin to a vast swathe of capital seeking gains in a ZIRP to infinity environment. Looks like a perfect storm to me - it is not a matter of if there will be another bubble, simply when.
A relatively small amount of capital can start the next bull run at will. My guess is that once the SEC leaks the opening of COIN to insiders we will see some major volatility on exchanges followed by a few months of incredible growth as a new asset class enters the investment world.
No not exciting at all you tiresome troll..