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.
The froth is not going to end at least for few years. It's going to reach minimum of $9k by the end of 2018. Hope this happens. There won't be end to BTC and other altcoins as of now.
It is not at all, not until we get to the stage where we now start having laggards who are late to the show and only ended up meeting us where we are spending for daily needs possibly. By then, there would be more concentration on the value it creates with daily spending, decentralization than it just being a digital asset as most people see it today. But I believe it is too early to worry about the end price of bitcoins.
If I read your quote,I think the same because right people see what now.Surely more and more people are selling daily because it can quickly get a profit,when compared to hold in a long time to profit the results yes.the end of the price cannot be developed later and certainly cannot predictable people.
