5 years would be more realistic IMO.

My view is that we should be comparing Bitcoin's value to the money supply of a small nation, not to the market cap of any company (including banks).
Bitcoin's market capitalization could easily exceed those of banks once it becomes well established.

20 Billion in stocks, what about the 4 trillion big banks throw around in the foreign currency market. The Big banks profit 4 trillion a day in forex, so with that you know a minimum of 8 trillion is thrown around daily in the forex market buying and selling a variety of worldly currencies.

I think we need to stop comparing Bitocins to cash in all aspects, Bitcoin is NOT a currency, and when a lot of you realize this, you will be much better. It is called Digital currency because it is a way to transact cash digitally from one place to another, not because it was meant to replace cash. It was intended to compliment cash and save YOU money in the process. It provided a way for Huge corporations to save millions of dollars a year by transacting with bitcoins instead of cash.

Define the word "value". What does in mean to us? If you have 320 in fiat and 1 btc which converts to the equivalent amount, ask yourself which one do you think is worth more in term of purchasing power and in terms of actual value measured as hedge against inflation? Market cap is just a representation when you compared it back against fiat. So why bother to use that?

As long as BTC is still there.

+1

the current crappy php based exchanges are playing around with crappy volumes, and in any half hour period its dozens to only a couple of hundred coins being traded.

i find it foolish to base the market cap value of 13.5million coins on the movements of these crappy exchanges. as they are not true value indicators of supply or demand. localbitcoins and OTC's are better indicators as EVERY transaction is a bank transfer to bitcoin trade, with no speculation or fake movements.
especially when you take into account the fact that trying to deposit more than $10k into the crappy exchanges causes delays, and an obscene amount of red tape, the large investors do not even bother using these crappy exchanges.

thus when the ETF starts up which has proper investors throwing proper bank funds at the ETF we will see a recovery of proper value discovery. so dont worry about low prices now if you are hoarding. instead if your a buyer, treat this as a way to abuse these crappy exchanges with low prices to grab a bargain, and if you want.. sell them for better value on localbitcoins/OTC for profit (rinse and repeating the process) to increase your hoards. as the ETF will cause significant price rises.

if you do not believe that ETF will do much. just think about the amount of bitcoins required for a "basket"(10k bitcoin) and then check out your favourite crappy PHP exchange and see how high the price will rise to be able to grab enough coins to fill one basket.

i honestly try not to think about it out of fear that reality might set in and i'd get disillusioned.

try to focus on the tech and how it could change the world for the better instead.  everything else will fall into place.

You can't compare market caps of established businesses with Bitcoin.

Bitcoin is still in the very early stage, there is plenty room for growth.

Can you explain why you think Bitcoin market cap will soar from 4 billion now to max 70 billion in just 2 years?

A 70 billion market cap would give bitcoin a $5,000 price, would be a reasonable reach with the tech  and with how fast information is passed on the internet this could come sooner than expected

Almost all OTC and all LBC trades are based off of the value of the pricing of a major exchange. The fact that a trade is above or below the price of an exchange is based on who has the advantage. There is much more trading volume on exchanges then either of the above options