Does your analyst have good references ? A 100000% increase in a year is a serious statement. Was this announcement taken in account in his calculations ?
Putting your sarcasm aside. What was taken into account was the amount of new "users" per week, and the supply of coins taken out of circulation because of people wanting to "save". Less supply and higher demand will force the price up exponentially once we get past the sell off phase. Bitcoin, Litecoin, and Dogecoin have a fresh supply of coins being dumped onto the market everyday. The dumps can easily satisfy the demand which keep the price down. These coins are mostly mined not purchased, so miners have no problem dumping at a lower price. However, BlackCoin is not mined anymore and many of the people who had mined BlackCoin have already dumped their coins at different price levels. The remainder of the people who still hold a significant amount of coins will also sell off around the $1.00 mark. After the rest of the people who are holding from the mining phase and the low price phase sell off, the price will shoot up faster because there will be nothing to keep the price down.
OK thanks for the answer. I completely understand the principle of limited supply for a constantly increasing number of buyers, and I do believe in a strong price growth on middle-term, but I have a lot of troubles to imagine Blackcoin going up to $100/coin in such a short time. I think that all the way to the top, we will find strong selling walls, set by people who think they have make enough profit
(and that's a good thing if we want to avoid massive dumps), and I don't really know if we could reach the 1 billion market that easily
(like Bitcoin we could have strong political/economical/social barriers).
