What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
My prediction is after 30 years a lot of coins will be born ,but bitcoin is their main coin. Bitcoin price will rise upto 20 -30k usd per btc. That price would be the highest price of bitcoin at all time.
This predictions that bitcoin will reach $10k, $20k, $30k is just bullshit, we never know what will happen but if everyone keep talking that bitcoin will reach this prices, this encourage people to buy now and for sure one day it can happen. Do you understand what I say?
For me the most important is collect more bitcoin as many as we can what ever happen in the future we have bitcoin to exchange to fiat but i am predicting bitcoin will be great in the future.
There is no problem if we want to predict basing on our own opinion but of course it is better if we will predict with some possibilities.
Because sometimes our predictions becomes exaggerated and it is too far from the reality. My prediction would be $1,000 hoping before the end of the year or maybe for 2017.
And madwica is right, we just need to keep on collecting because bitcoin is always pumping.