Quote from: Lucius on November 07, 2016, 03:22:20 PM

Quote from: odolvlobo on November 06, 2016, 11:11:35 PM

Since the low in January 2015, the price of Bitcoin has been increasing at a very consistent rate of about 6% per month. As shown on the graph below, the price should hit $1000 in June 2017 (+/- 2 months or so) if it continues at this pace.

Such growth probably attract more and more new investors which is good for BTC,but with such price ups and downs it is difficult to predict what will happen in about half a year or more.Usually the biggest changes happen at this time of year and then things settle down.

With the halving effect,SegWit,Lightning Network and other positive news, maybe this increase will continue so this prediction becomes a reality.

Surely more investors will come to the Bitcoin world. Each new day more and more are joining. The volume of transactions are increasing a lot, the fees are becoming higher. This business isn't so fragile as people said in the past. Who doesn't come to this world now won't make profit tomorrow. It's time to adopt Bitcoin and stay in the top.

Bitcoin price will increase on the next months. Local currencies are crashed. People want to buy things and they want to pay cheap prices, BTC is the answer. Now it's time to buy BTCs to sell when the price hits 1000-1100.