Quote from: sana54210 on October 26, 2017, 07:15:09 PM

Quote from: newlone on October 23, 2017, 04:36:28 AM

Quote from: enterprevic on October 16, 2017, 03:28:01 PM

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.

Stop at $6000 is very impossible. We are still in the early phase and you expect it to stop at this value? There is so much upcoming progress both in the development, adoption and value of bitcoin and most definitely will get bigger than what we have presently. Over time, as the adoption and spending has hugely increased and we have a certain ATH, we might just have it a bit stable on that as it keep hovering up and down just a little bit.

Bitcoin prices still have a much higher chance of improvement. The price will not stop at the 6,000USD rates. we still have a very long time and what has been happening is that bitcoin prices always increase every year. now bitcoin began to demand a lot of people and one of the indicators is the use of Bitcoin is increasing. I am optimistic that Bitcoin has a bright future and the possibility of the price to be achieved much higher than today.