I was browsing for news in bitcoins last week when I got intrigue with this title in an news article. In deed, the biggest test for bitcoins in this year for there are a lot of scares with its operations. There has been issues with its legal basis as China and South Korea has halted their exchange operations. The all time low bitcoin value then the sudden increase of its worth... It has been a roller coaster... but thankfully it survive and here we are...
Yes, bitcoin will continue its roller coaster price. Right now the price of bitcoin $6,416. Last week bitcoin is only $6,000. Imagine the $400+ increase in just few days.
That's why many believe that bitcoin may price $10,000 next year.
It may be a roller coaster, and its value keeps on going up and down in a blink. I would agree that 2017 did a lot of good things for the bitcoin market, not only in its market value, but more so, in its marketability and recognition. Although many countries are still reluctant and doubtful of what it can do and bring. I think more and more countries, especially people are beginning to see the good effects of bitcoins and how it can help them and the economies of their countries.