Quote from: maku on May 06, 2017, 11:38:32 PM

Quote from: Vikingr on May 06, 2017, 09:38:38 PM

I am also thinking that the price of bitcoin will reach to that value because now the price of it is increasing much faster and if it continued like that then nothing will be able to stop it to reach to $3000. I am sure for that fact and because of that when I get some money I invest that in bitcoin and will wait for the time when the price will reach to $3000 or more above that.

Price increased only because Japan accepted BTC as legal tender. BTC hype in Japan has its limits.
We are not ready for growing adoption without proper scaling solution, without SegWit activated Bitcoin will be looked down by everyone.
If you want bigger money and quicker invest in alts. Bitcoin is investment only if can wait years for it to bloom.

I also have certain doubts about the real sustainability of this current rally. It is true that speculators have the power to eventually send the price to the moon, but I can't see solid basis behind a potential increase to $3000.