Quote from: Givebirth on November 25, 2017, 05:52:08 AM

Quote from: Bit4UTeam on November 23, 2017, 12:33:14 PM

Today Galaxy Investment Partners Founder Mike Novogratz said to Bloomberg: "Bitcoin is like gold, it has value because people say it has value".
He believes bitcoin ends a year at $10 000! Can you believe this?!

This is possible because many investors are continiuing to invest in bitcoin. So hitting on $10 000 will be possible before the year ends but the question here is what will be the outcome in 2018 if this value will steady or go down because some rumors says there is a hard fork this december.

If there were to be a hard fork this december, then that would have a great impact on the price. It may create a huge surge or possibly a massive price drop. The growing number of investors may also contribute to a price increase by the end of the year, along with the positive news for bitcoin. Personally, I still think that reaching $10,000 may be a long shot despite all these factors contributing to a price increase.