Post
Topic
Board Speculation
Re: BTC to 5000$ soon
by
eddyubachs
on 04/07/2016, 11:07:34 UTC
The value of the Bitcoin is not going to be $5000 any time soon now and I do not know why some people believe that something like this is going to happen soon.
We still need a couple more years before the price comes even close to this. First we need to hit $1000 before we are going to talk about $5000.
bitcoin is very volatile and has more than doubled in value this year and there’s the always-present possibility it could drop by just as much or more. in this situation $5000 is too far from us.

Yes possible to achieve the price of $1500 in this year but not possible to achieve the price of $5k very soon and it may take next 5 years to achieve that milestone.