Post
Topic
Board Speculation
Re: Bitcoin hits a high of $8,000
by
pikebu
on 18/11/2017, 02:35:40 UTC
Basically there are no one who know about what will happen in the future include the bitcoin's price in the future, we just can make analysis fundamental of the bitcoin, in my personal analysis based on the good news and analysis fundamental of bitcoin from another users, bitcoin's price will be hit around $10.000/BTC because many bugs fixing on the bitcoin's network, many new digital coins exchangers be built, they will makes transaction of bitcoin more be easy and other great news of the bitcoin. So it is up trend for long.

What analysis did you do to come up with that $10,000 figure exactly? Some people are saying it will go above $20,000 so I am curious why you think that the peak will be $10,000 and what calculations you did to reach that conclusion. In my opinion, I think a crash is coming soon anyways because a market can only rise exponentially for so long before it runs out of buying power and ultimately crashes.
Right now many new exchangers and they will be listing the bitcoin on their platform of trading, it mean the demand of bitcoin will rise up too, so do with the bitcoin's price, the other reason bitcoin will be more expensive is the activation SegWit2x on bitcoin's network, it is trying to makes the bitcoin's network be more better than before, i don't understand why you think bitcoin's price will be down and right now bitcoin's price hits a high of $8000.  Roll Eyes