Quote from: freedomgo on February 14, 2017, 01:17:33 PM

We cannot expect that price would grow that much but I believe as bitcoin continues to exist, the value will increase. For now, the value is already outstanding as we are in $1,000 again after a few drop of price. I think there should be no worries on how the price had perform, every time there was a drop of price, the next thing would happen is we see the value increases. That means, if we buy which there is a dump, we can easily make money doing it all the time.

Agree. The best thing that Bitcoin has is its volatility. Even if it may not reach above $1000, you can still make profit with it, if you know how to exploit the price movements of Bitcoin, and make good amount of profit. I believe that once Bitcoin becomes scalable, with the introduction of SegWit and Lightning Network, its price will rise even more than $2000.

Still, this year might be full of surprises for Bitcoin, so it would be best to buy and hold onto your coins for the long term, just in case there is another boom in price. You can also make profit with altcoins, even though there are many which are scamcoins. In the end, I think that Bitcoin will remain the number one cryptocurrency for years to come. Just my thoughts. Grin