Quote from: Kersh768 on November 13, 2017, 11:20:28 PM

Quote from: pathankp on November 04, 2017, 04:02:48 PM

What will be a bitcoin rate by new year?

it now seems to be impossible. The fork was cancelled and the cryptomarket fell including Bitcoin. It's market value is now 6300$ from a value of 7400$. And now that the fork is gone, the factor that will make the value of Bitcoin more expensive before this year end is also gone. We just need to hope that something will happen in favor to Bitcoin before this year end.

With the much anticipated segwit got cancelled, the tables have turned and the crypto and bitcoin community are very much affected by it. A lot have made some preparations however it suddenly got suspended or cancelled. Since the upcoming segwit has contributed to most of the recent price increase, we may see a decline now and the price trend of bitcoin may now differ. It's still possible for bitcoin to have a much higher price by the end of the year, depending on the events that will occur these upcoming months.