Quote from: zwiggel on October 27, 2017, 10:00:46 PM

Quote from: Ethersport on October 26, 2017, 08:57:07 AM

Quote from: sirat01 on October 25, 2017, 09:47:49 PM

even it will cross 7000$ end of this year.

I think it really can cross $10K somewhen around Christmas.

No, it can not, it's unreasonable, it never happens when the value of the bitcoin is always adjusted, in some way, when bitcoin goes up too fast, there will be something alkaline brake it.

I agree that if the price rises too quickly, we're much more likely to get a sharp correction/crash, as it true with pretty much any financial instrument. Overall, though, while bitcoin's rise this year has been very fast-paced, there has been a lot of good consolidation and some dips that take some of the froth off of the market. At least on a percentage basis, we have yet to see anything like some of the insane increases in the past, like near the end of 2013 when price quadrupled in about 3 weeks from around $250 to over $1000.