Post
Topic
Board Speculation
Re: Hold until its $10,000
by
Wind_FURY
on 07/08/2017, 04:05:46 UTC
Good luck for that dude, $10,000 is too much but who knows ? Maybe you are right and in 5 years the bitcoins price will reach $10,000. In my opinion $10,000 is possible but it will takes a long long time to reach that, maybe 10 years ? 20 years ? even reach $5,000 is still hard nowdays.

We're likely to see $5k USD/BTC by the end of 2017.

Maybe but there is an interesting story about Bitcoin's price increase to surmount $3000. http://www.zerohedge.com/news/2017-08-06/mysterious-trader-nearly-unlimited-bankroll-said-be-manipulating-bitcoin-price

According to that analysis, there is a trader or group of traders that have been trying to manipulate the market lately, Mtgox style. It is also possible that it is being done be Bitfinex management themselves.