Quote from: davis196 on November 28, 2017, 12:57:40 PM

Quote from: duola9527 on November 28, 2017, 12:52:26 PM

Billionaire hedge fund legend and former Fortress executive Mike Novogratz believes the bitcoin price will easily reach $40,000 by 2018.what do you think?

When somebody makes such statements,he has to provide some arguments and proofs about his theories.
Bitcoin price increased 10 times during 2017.From around 1000 USD back in January to close to 10K USD now.
Based on this trend,i can predict that bitcoin price could increase 10 times during 2018.From 10K to 100K USD.I might be right or i might be wrong.We don`t know how the central banks and governments will react to the growing bitcoin market.

Well, there is nothing much Government or Central Bank can do at this stage than to just accept the fact that the craziness of the crypto world has begun.

You think they themselves have not seen this coming even though they tried all their best to see how it can be stopped. This is globally unstoppable and whatever happens at the end, they will just end up finding a way to regulate it. 10K to 100K though, that is a huge one.