Where does everyone think bitcoin will be by the end of 2018?
I'm interested to see where everyone thinks bitcoin is headed, like value wise and how people would have adapted to it.
In my opinion, by the end of 2018 bitcoin will cross 10000 dollars. I am not saying it will reach 10000 dollars, it will cross 10000 dollars . May be it can reach 12000 dollars or something like that. Because its getting popular day by day. Moreover nowadays its hitting the headlines of all media because of its high surge in price. So daily more people are coming to know about this cryptocurrencies and they want to invest in it. So as the demand increases, bitcoin's price will also increase. So no one can exactly predict that how much will be its price by the end of 2018.
Well for me, I think the price of bitcoin by the end of 2018 will be anywhere between $40,000 to $50,000 because if you look at the recent bitcoin growth, bitcoin value was growing in lighting speed. In year alone bitcoin value increases with about 800% - who knows may be the value of bitcoin might reach 1000% by the of 2017. If bitcoin continue to grow even it 500% next year 2018 - the value of single bitcoin would be around $40,000.
That's high prediction for bitcoin.. Here in my country bitcoin is really well known but not use by a lot of people so i think in next year it can increase people to use bitcoin.. if ever will know what is that actual use of bitcoin they can invest and use bitcoin instead of other internet payment processor since they can also getting the benefits of the price increases they can also buy easily without identity check when buying online.. But this prediction $40k or even $30k is impossible to happen.. i think we will see slowly movement but not in that price..