Post
Topic
Board Speculation
Re: Will Bitcoin’s price rise go over $10,000 in early 2018?
by
Quietman
on 02/11/2017, 13:19:46 UTC
This question was first asked by Bitcoin.com, but I think it will be good to through this open to all here;
Will Bitcoin’s rise continue after record-setting 2017?

"Bitcoin’s record-setting year is well-documented in the media. But with BTC pushing $6,500 price levels and $109.4 billion in market capitalization, what’s in store for the world’s most popular cryptocurrency?

Famous investors Ray Dalio and Warren Buffett are warning of a bitcoin bubble. But other Wall Street analysts see bitcoin perhaps reaching $10,000 or even $25,000 by next year. BTC dipped to $3,200 in mid-September and has since rallied to over $6,500. Heavy trading (of nearly 300,000 daily transactions) can lead to volatility. But investors are also weary of fiat currencies that lose value over the long-term. As an asset, fiat money almost always devalues. And investors know that with Bitcoin and other cryptos, their money has a fighting chance to appreciate in value. Despite the naysayers, it’s possible that we’ll see Bit[Suspicious link removed]ver $10,000 in early 2018." - Bitcoin.com

Do you think Bitcoin will go over $10,000 in early 2018?



Anything is possible to happen. Everything is really unexpected in bitcoin. By its price right now hitting more than $7000, it is also possible to have that price in 2018. I think, we could speculate when if the correction that will happen this november is over. Compared to the previous price, bitcoin has been so different and has skyrocket already.