Post
Topic
Board Bitcoin Discussion
Re: What are your thoughts for Bitcoin in 2017?
by
Bitcoinsummoner
on 24/02/2017, 19:00:04 UTC
We have had a Halving in 2016. The next Reward-Drop ETA has been assumed to meet the 27 June of 2020. A doubling and halving event are related.
But before next halving there would be big chances for 10X growth because we can expect mass adoption in between times. Within 2017, we can expect bitcoin prices to get at least doubled. Simply my thoughts for bitcoins in 2017 would be price may reach $2000 levels. I am already getting prepared for that.
It is unlikely we are going to reach such levels in such a short time frame, don't get me wrong I will like bitcoin to reach those prices, but at the same time I need to get more bitcoin, so I would like for the price to not skyrocket like that.
I don't consider that as skyrocketing of price, in fact that is a conservative projection as last year we have an increase more than 100% and so with what is happening now, it is not possible to get that again. $2,000 may look like a big price for us but it is the desire of the people to adopt and demand of bitcoin that will cause to reach that level, let's be optimistic instead.
It may not seem as skyrocketing but it is way easier for a coin to double it is price if its wort 1 cent than it is for bitcoin to double its price of 1000, a lot more money is needed, adoption, development, so I do consider it to skyrocket.
Quote
Bitcoin will be skyrocket if the development will be much faster.. for now we are seen that the price is increasing and we are already seen the price of bitcoin are actually reach nearly $1200 and hope that it can touch tomorrow..
We can be still grow our bitcoin in many ways not only  to wait for the price increased..