Quote from: carlisle1 on May 18, 2017, 05:43:22 PM

Quote from: Tasneem530 on May 13, 2017, 04:46:57 PM

Bitcoin price seems to be surging , investors seem to think that the price will surge to $4000 , In the US there seems to be negativity towards bitcoin on the securities and Exchange commission , what would create this surge ?

We can not be sure about that and it seems it would take a year I guess before it will totally reach the $4000 value even the closer amount unless the movements of price will be more aggressive than its current status that it will have a huge pump once again and continuously occuring . And as of now, maybe it would be enough for most people if bitcoin reaches at least 2500 dollars - 3000 dollars this year .

Honestly, for me any price above the $1500 level is already enough. If I look at how things are going, and might continue to go, then I think that the price will more or less settle between the $1800-$2200 levels, before the end of this year. But we don't need to forget that this is Bitcoin. By this I mean that at some point there will be another hacked exchange or whatever else causing the price to go down heavily. No matter how good things look right now, next week things can look completely different.