Post
Topic
Board Bitcoin Discussion
Re: Is this Bitcoin run sustainable?
by
webtricks
on 02/12/2017, 18:24:47 UTC
I'm beginning to fear that this Bitcoin run up is a bit too fast and a bit of a bubble. Does anyone else get the same feeling?

I will be really surprised if we close out the year above 10k....
Personally, I would not be surprised if bitcoin grows to $ 15k by the end of the year. Now there is no reason for a strong drop in bitcoin and the market is on a positive trend.

Yes! There isn't any significant reason to believe that Bitcoin will fall huge now onwards.
It isn't limited to crypto market anymore, it is now part of Future markets and people from every profession, every section buying it. So value of Bitcoin is backed by the demand and belief of People which is bigger than any intrinsic value.