Where Bitcoin prices will depend largely on the regulatory environment. On the plus side for Bitcoin, it's starting to be traded on traditional markets. Two big exchanges, the CME and CBOE, are already offering Bitcoin trading to investors. The system is a little messy - what they're really offering, based on the bitcoin price of a few big exchanges - the result is that investors can trade in a secure, non-hackable, reputable exchange.

But at the same time, the main US regulator, the SEC, warned this month that there’s “substantially less investor protection than in our traditional securities markets, with correspondingly greater opportunities for fraud and manipulation.”

Investors are also at risk of trading collapsing, or being hacked into their wallets with a high degree of security, which makes them accessible to hackers. Bitcoin exchanges have been plummeted by hackers in the past, and with the increased value of Bitcoin, you'd imagine it's just a matter of time until a hack happens.

An equal danger is one of the big market-making exchanges flat-out crashing. Coinbase, the biggest exchange in the US, That can lead to panic-selling, which has the potential to cause a minor downturn to a full-blown crisis.