Quote from: X-ray on April 28, 2017, 01:01:56 PM

Quote from: Sled on April 28, 2017, 02:34:44 AM

Quote from: mynhpark on April 27, 2017, 02:45:48 PM

Bitcoin price has outperformed every reserve and fiat currency across the world year to date, yet again. By outperforming the US dollar by over 30 percent, Bitcoin surpassed the growth of the Mexican Peso, Silver, Gold and Russian Ruble to become the best performing currency so far in 2017.

Thus far, 2017 has been a successful year for both Bitcoin investors and alternative cryptocurrency (altcoin) traders, with leading altcoins or crypto assets such as Ethereum achieving a $5 bln market cap in early April. The Bitcoin market, however, experienced some major changes in its ecosystem earlier this year. The major driving force of Bitcoin price in 2017 is suspected to be the resolution of the Bitcoin networks current scalability problems.

The Bitcoin networks one MB cap on block size is causing Blockchain congestion, a drastic increase in fees at times and long confirmation times. If Bitcoin scalability issues are addressed within this year, with innovative solutions such as Bitcoin Cores Segregated Witness (SegWit), Andrew Lees Extension Blocks or other potential emerging solutions, Bitcoin price will most likely demonstrate an exponential mid and long-term increase.

Would you invest in BTC this year?

I already invested in bitcoin when it as was just around $1,200 even though it is not a full decision for an investment i still take the risk and buy some bitcoins and continue to hold it until now, i just saw the new ATH price of bitcoin and just surpassed the past ATH and it is a good sign for me and i'm planning to hold until $2,000.

Because bitcoin has a lot of the potential to growth more in the future. I have bought a lot of bitcoin at $1100 and i hold them all till this time. The adoption of crypto is growing anytime, that's a reason for me to hold my bitcoin for long-term period. I think this can be a good opportunity for us to get more benefits by bitcoin in the future. $2000 is reasonable rate in my mind.

Bitcoin really had a great year 2017 because it gained over 2000% increase in value over the period of only one year. Those that had the chance to invest in bitcoin in early 2017 and invested are now happier than ever while those that reject it are the ones regretting by now. What is left now is for the people to decide on their future because we are in the early 2018 and the future is looking brighter.