Perhaps it is due to my low IQ - only 106 1-2 years ago when I measured it - but I see 2000 usd Monero price possible. Or even higher - do not get me wrong.
I do not think it will happen like 1-2 days but it definetely is possible in few years. Bitcoin reached 1200 usd in less than 5 years. Monero can do it even in shorter period as Monero do not need to bear the weight of first mover (Monero community reached the current size faster than bitcoin reached the same number of users/holders as the community was not crypto virgins).

Simple mathematics is my main reasoning, however it requires a few assumptions and if those will not be fulfilled it is rockier road to reach the 2000 usd (or higher) price.
One thing we need is enough coins stored in  cold storages/held unused. Let's assume, all the coins that will be mined before the tailed emission is stored in cold storages by different users.
Then we have the minimum block reward which is 0.1 xmr or so if I am not mistaken. That means, daily emission is 60*24*0.1=144 coins.

Then there is only 1 million usd that wants to buy Moneros daily. This leads the relative price of Monero is 1 000 000usd/144xmr = 6944 usd/xmr.

I've picked 2000 usd Monero price to be safer and more conservative..
I agree not many here fully realize fuller potential of Monero. People tend to assume coin maximum can reach 10 times higher price than the current price, which is pretty understandable since people in general are used to 5-10 % annual ROI from US stock markets. Therefore speaking about the potential of Monero (or any other crypto that has something to contribute to the society) is something we really has not seen yet to come true.

I consider Monero as an investment such as Microsoft has been for Bill Gates. When he started with Windows it was a company of one man. Now (almost) every company has Windows as their operating system not to mention the general population who has Windows in their PCs.
Monero is now like Windows in early stages to me (time before it was listed publically). When stocks are listed many founders of the compnies cash out - for them the most ROI potential is reached when the markets give the fair value for their businesses. When the company is listed, it starts to give the small 5-10 % ROI annually to which the sheep is used to.

TC
thanks for sharing your point of view.

I've still got the unanswerd question where you read about others calling a price of 2000.
Thnx again.

Nobody calling that price besides me but as I told, my IQ is only 106 so perhaps that's the reason.
Risto mentioned this price in Polo trollbox like 1 year ago... And people are talking about my price target of 2000 usd. It may not happen also but I see it as a possiblity meanwhile many thinks it is impossible.

These are some very valid points. The value of a crypto currency and this includes Monero lies in its use as a transactional currency. Those who invest or speculate are in effect betting its future value as a transactional currency; they are however important to the success of a crypto currency since they help bootstrap the currency. As for holding on until 1000 USD or what ever smart investors are likely to sell a portion at lower prices while keeping a portion for a future "run" in effect hedging their position.

transaction rate over float sets market, but reserve use sets float.  the interplay between market and reserve use is a feedback loop.  since it is an open loop, small externalities affect its evolution profoundly, if they are resonant or damping.

8% of a 2tn usd economy at velocity 8 and a float of 10mm xmr implies a 2000 usd valuation.  xmr denominating 8% of the global underground economy is a hypothetical speculation, but does not stress the limits of possibility by any means. this would accommodate, almost, the 20tn reserve capacity target mentioned previously.

See below:

Not yet, but I'm sure I'll see it soon.

I don't understand this haste in pumping the price up. It's cool if we go to 0.0043 or beyond. But it is equally cool if we go to 0.0015. The latter would be even cooler regarding my activities, but for the same reason, I believe we will see the former first.

 

If the price went back to 0.0015 I would be getting seriously tempted to crack open some old cold storage (early 13 cold storage that I didnt even really think of breaking into during Nov 13 bull run!).

We can dream I guess, I did get some bids filled around 0.00235 which is where I predicted this pull back would hit. Not as much as I'd like though so keep dumping people.