Quote from: qwertyup23 on August 30, 2017, 05:21:29 PM

Quote from: lilit on April 27, 2017, 03:48:49 PM

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 think it's too late to invest in bitcoin. Since the price of one coin is too high and no one knows what will happen tomorrow.

I heavily disagree with your statement. It is never too late to invest into bitcoin since due to its volatility in the price, the price of it tomorrow might be higher compared today and by just checking on the price history, there has been a steady increase on its price these past few months especially August. This month, bitcoin prices skyrocketed up to 60% of its price compared last July 2017 where its lowest price reached to around $1900. We may never know that the price today (which is $4587) might increase on the next month and that is why it is never too late to invest into bitcoins.

Its never too late and I always support people who wish to invest in bitcoin. Price of bitcoin fluctuate since ever, that is nothing new, but bitcoin is rising due all market speculations. Price will go up as demand in world is going up, bitcoin is the best invest for years and will stay like that I think.. Its not that I trust in all optimistic predictions, but bitcoin will make progress no matter how much people spread fud across the forum and on the internet. Just invest in bitcoin and don't worry.