No, it wouldn't be capped at a $1. $1/coin would be approximately a $34m market cap. That's probably not enough to support 1/15th of the casino funding processing business. It would need to be higher with enough trading velocity to support at least $414m/year worth of processing business. Maybe 414,000,000/33,356,215 = $12.41 Who knows. If the trade velocity is low, then this could be higher. If the trad velocity is high, then it could be lower.
As for how you get to a $1, it's not that complicated. If the market price is $0.025 and a casino can buy that coin and flip it on prypto to a customer or another casino, how long do you think that market disparity is going to last? Those guys are much better funded that the average individual casinocoin owner.
This seems to be a good opportunity for a thought exercise.
Check out the richlist:
http://csc.blockexp.info/richlistIf you look, you'll see that 59.21% of all coins are held by the top 25 accounts. Now, this coin is has been up about 35 - 65x from the 200 area, which is quite a move, and yet these large holders aren't selling. Interestingly enough, big buyers still seem to be buying at these levels and the orderbook is probably the thinnest ever seen for casinocoin on cryptsy. What could possibly explain this situation? If the coin is up this much, why aren't these people taking profits? What might those people be thinking? Who might they be? Why would we see massive purchases taking the price to all time high prices with the 2nd highest volume on cryptsy only to watch it completely dry up the next day? What could be happening there?
As far as I can tell we're still in an accumulation phase and this is usually followed by a very volatile price discovery phase. I don't think we're in that phase yet because the trade velocity is still very low.