I will say $10 dollars because I think it will take longer than a year for new services to be developed for alt coins so BTC will not disappear overnight.
But 10,000 dollars? really?
By the way, the ETF is the biggest red herring of all time
It doesn't change the fact that it's still all speculation, so while it might get some people to be exposed to bitcoin at first, the question will generally lead to
"so what can you do with them?"
to which Bitheads would say "well you might be able to pay bills with them in the near future"
to which Jane Doe would say "well I already pay all my bills online from my bank's website (who does not use bitcoin), what can I like actually buy with them?"
to which Bithead would say "well there is an ATM in the works that will let you convert your coins to fiat currency if you wanted to stroll on the dark side"
to which JD would reply "but if I had to spend fiat currency to acquire bitcoins in the first place why the fuck is an ATM important at all? seriously, there's gotta be something I can spend these on that I can't already use my cash for....right?"
to which defensive bithead would reply "so....you smoke pot? I know a guy, well know a guy's onion site, who will mail us an overpriced pound of weed as soon as he gets done bitching at DPR for upping the commission fees without warning"
yeah, nothing is invincible Rassah, even your golden goose
KING KONG, AINT GOT SHIT ON ME
right?
Yes. For a tiny group of diehard supporters and speculators, bitcoin represents unlimited potential. For everyone else, bitcoin is basically a shitty version of Western union. One more year is not enough time to change that. In 3 years from now, if bitcoin becomes as useful as Skype is for telecommunications or as useful as Paypal/Western Union is for international money transfers, we can talk about four digit values. If the Silk Road becomes a place where you can get drugs in the mail cheaper than you can get it on the street (like everything else sold on the internet), we can start talking about four digit value bitcoins. But 2014? I see absolutely no basis for bitcoin to be worth much more than speculative value. The infrastructure and adoption simply won't be there.
