The way bitcoin price has been increasing has been alarming lately and I can say that no other currency has the amount of power that bitcoin has, I can remember vividly sometime during January ( I mean early January) bitcoin was only struggling to reach $1k but now come October, the currency is almost nearing $6k ($5600) to be precise, now I want to ask if there is a mark in which bitcoin will stop increasing or is there a mark it can't cross.
It may continue to rise sharply in the future as there are many investors wishing to hold it. So it will increase, not decrease or stop at the current $ 6,000 price.
At present, by looking at the graph of market price of bitcoin it is really very difficult to comment on what will be the end value of bitcoin. The way bitcoin markets value is increasing with each passing day, Im very much hopeful that in near future it will break all the records and will reach to some value which one cannot even think of. These coming days are going to be the golden days for investors of bitcoin.
Very much difficult to predict just approximation of bitcoin end price but we can conclude from the current situation a little bit about the stage of bitcoin and then we may assume a rough estimate in percentage which would be compatible to final stage of bitcoin. By experts and by forum discussion the current stage is considered the beginning stage so what will be the middle stage and then the final stage.
Suppose 5% world population are involved in bitcoin business and the first stage will be go on upto 30% people involvement and the final will be 100%. I we make an equation of this calculation so we can conclude the final stage value of bitcoin above $100,000.