Billionaire Michael Novogratz predicted that Bitcoin’s price is likely to be over $10,000 in six to 10 months. Trace Mayer predicts Bitcoin price will reach $27,395 in February of 2018. Vladimir Putin stated: “It is important not to create unnecessary barriers [on cryptocurrencies]”.

Bitcoin.org released an announcement stating storing any BTC on services such as Coinbase, Bitpay and Xapo is strongly not recommended during the hard fork in November.