Post
Topic
Board Speculation
Re: Would Bitcoin price reach $10K by the end of 2017?
by
xebecstyx
on 21/11/2017, 10:46:20 UTC
Six months ago I did not expect this to happen, but now I think it is possible. Many encouraging news lately.  Here is one of them: https://qz.com/1133670/bitcoin-price-at-8000-institutional-money-poised-to-enter-the-market/ Bitcoins futures implementation and the participation from institutional investors. What do you think?

You can be right. Institutional money will soon be entering the Bitcoin market and that means that Bitcoin right now is already counting this possibility as it is slowly making its way towards the goal of $10,000. It would be a happy day if soon it can reach that level before the end of the year. Bitcoin is now having a big revenge after it experienced one of the many crashes in its history. Usually, there is that rebound after Bitcoin will crash and this is happening now. Finally, we can really say that despite of the many people telling us that Bitcoin is just a fad and even a fraud, it is here to stay and getting ready for the best run in its life. Long live, Bitcoin!

Great point. However, like most people, it's not being negative or what not, but I also don't think that it would reach 10k bit the end of this year. The time for it to gain such price point is not enough for it to aggressively up its value. But, I also believe that anything is possible in the bitcoin market, therefore, if a miraculous turn of events may happen that might really affect its value in a big way. Maybe, just maybe it can reach that amount.