Quote from: Bellator on October 28, 2017, 12:16:08 AM

Quote from: lighpulsar07 on October 27, 2017, 11:57:27 PM

Quote from: manirobson on October 27, 2017, 07:23:03 PM

Am I being overly optimistic? The trajectory is looking very real!

no not possible because it is 2 months remaining for this year and the price still sits on 5800-5900 line and it may subject to correction it may drop by 50% if this trend continues, it is plausible to say that bitcoin may reach 8000 this year. but 10000? it is impossible maybe it will reach it next year 2018.

I don't close my mind about it my friend, because bitcoin's price isn't predictable and as we all knew here price volatility doesn't stop that when we see price to reach more higher by this year. No exemption for that, we shouldn't expect negative despite that it's volatile. It can fluctuate higher even this year if we have to analyze last year's price still at $800 at middle of the year of 2016. So it's not impossible for the price of $10K to be achieve this year, and I am hopeful most of the time for that.

How can you be certain for that idea mate? I don't see any possibilities that bitcoin price will be able to reach that high this year. Well I see it that you're too positive on what you think, and you don't consider that people still planning to do short investments and then dump immediately. This is really not possible specially we are nearing at holiday season this year end December, people will have plenty of needed expenses to use that's why many investors will be able to dump their bitcoins and convert into physical money.