Quote from: GetBABB on October 15, 2017, 04:07:34 PM

Quote

A bitcoin investor and podcast host has predicted that the price of bitcoin will increase to over $27,000 in four months time.

Trace Mayer, who proclaims to be an entrepreneur, investor, journalist, monetary scientist and ardent defender on his website, took to social media to make his prediction. According to him, by February 2018, bitcoins value will be worth $27,395.

For more see https://www.cryptocoinsnews.com/investor-predicts-bitcoin-price-to-hit-27k-in-four-months/

Oh my God, we need to hold on our bitcoins because in 4 months its gonna be 27K.

Seriously though, I admire the guy, really is, he's one of the early adopters of bitcoin if I'm not mistaken, but logically what will make the price to as high as 27K? It's like x5 by today's price. So its unlikely for me. Although we love to see bullish investors as opposed to Jamie Dimon or other attackers making headlines, I really doubt that it can push the current price to the levels wherein it will grow many folds by today's market. I hope that he is right, but just prepare if his predictions didn't went as plan. I think he went overboard with his prediction.