Post
Topic
Board Speculation
Re: $10,000 per bitcoin
by
Coinmyjob
on 26/06/2017, 20:29:29 UTC
It seems to me that this will not happen soon. Now the price is highly variable. Nobody knows what will happen tomorrow. We need to be optimistic and believe in the bright future of bitcoin.
You are right, future is not predictable but overall trend looks quite promising for bitcoin. I am actually expecting $5000 by end of this year and more than $10k by next halving in 2020.
I am quite sure that you fit in the category of people that constantly change their view on how they look at the market.

If the price has gone up significantly (which has been the case), you'll be expecting even higher increases. But as soon as the price is tanking, you'll turn into a bear directly.

It's something I have been noticing on a large scale. I remember a statement in the way that people here are equally as volatile as the market is ~ I can't agree more.
The fact is that people are people and everyone will act at their discretion depending on what price is already on the market today. If a person does not believe in what may be tomorrow, he can sell everything today. And the fact that everyone is already giving 10,000 dollars for bitkoyn is quite realistic, but who can wait?