Post
Topic
Board Speculation
Re: When will BTC be at $10,000? Take a Guess
by
Asrael999
on 12/10/2017, 15:26:47 UTC
I think bitcoin is destined to reach 10k and probably considerably higher but I think we may have to wait until at the earliest of autumn/fall of 2018. I think this years gains have been quite remarkable but that they will not be repeatable again next year.

This would be the safer route to long term adoption, but bitcoin’s value is driven by a network effect - the faster the price grows the more people get on the train and then the faster it grows.
I hope we don’t see 10k until late 2018 early 19 but I think it is more likely we see it in 2nd qtr 2018.
That said if we get a massive dump post 2X all bets are off. It will take BTC a long time to come back from a proper crash as more people will get burned.