In November, more Chinese Exchange will reopen. What is your opnion about the Bitcoin industry?
Then for sure this will be another reason for bitcoin to continue growing very fast. The growth we are seeing right now is truly amazing. We are only 8 dollars short before we hit another All Time High with $7,000. This will be another celebration happening for all of us Bitcoin supporters. This month might see a $9,000 Bitcoin price if this current pace will continue undisturbed for the next couple of weeks. And if that happens, a $10,000 target within 2017 is not far from happening.
We cannot predict the future.But in today's date,bitcoin is at its highest that is $6900.So if we stick to this,then definitely the price of bitcoin will rise in the future and is expected to reach $10,000 at the end of the year.There can also be a possibility that it can vanish in the future or it can overtake the fiat money.But for now,it is far behind the fiat currency.It is not legalised yet in many nations.Still its demand is increasing all over the world and is getting popular.