Quote from: atjiat on November 01, 2017, 06:14:27 PM

Quote from: Eugenar on November 01, 2017, 02:32:26 PM

Quote from: Atomise on October 28, 2017, 07:38:00 AM

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

Actually it really can. You just need to consider the situation where it is currently at. Thee's an incoming hardfork and probably that makes it hard for Bitcoin's value to increase but maybe things will change afyer the segwit 2x especially if it will succeed just like the last fork 2 months before August which made its market value to go skyrocket and to reach an amount of 4000 from 2800. Now that Biycoin has a value of more than 6000, there's a huge probability that it will reach a value of 7000 before this year end.

as to what forecasts have already sounded to date regarding this year, then the amount of Bitcoin's price was quite large. I think that everything depends on what kind of demand will be on Bitcoin and how many people will want to invest their money in the crypto currency.

Yeah, supply and demand that is very logical? But how to forecast Bitcoin demand? Much is in few hands.

I think a major correctoin is overduw, but I was often wrong in the past, so maybe also this time. Cheesy

BTC price will be higher in 30 years, that is sure, but price in one year, I do not know.