It might shoot up some more. Who knows. It could be possible for it to get to $3,000 or something and then fall again but in general I'm literally hearing all the same stuff and seeing all the same things I saw in 2013. Plus just look at the chart. It is a far to aggressive move in a short amount of time.
Bitcoin is legit. Don't get me wrong. This stuff is the future but it can drop on you like a guillotine and finish you if you aren't careful.