Post
Topic
Board Speculation
Re: Next 5 year for Bitcoin
by
ssuchy
on 09/12/2017, 20:09:45 UTC
I think other coins will steal some of the thunder away form Bitcoin in the future as some like Ethereum can do more. But I can still see a 25k - 35k Bitcoin in 5 years time.
I think that prediction is low for five years, to me it seems the price could reach that value in one or two years tops, personally I would like for bitcoin to slow down so it gives more time to accumulate bitcoin before it skyrockets but if bitcoin wants to make us rich that soon I do not have a problem with that.
I think it is reasonable predictions. 25k-35k is an ideal figure for sustainable development. Bitcoin should not increase too fast, it will lead to many instabilities.
I still think it is a low prediction bitcoin reached almost 19k some days ago and right now is trading above 14k, it is my opinion we could reach 50k and while I agree that bitcoin could be better off growing slow at the end we do not control that, if bitcoin grows faster than that then we need to accept it.
actually 5 years is a long enough time and predict what will happen with Bitcoin for this period is very difficult. Although we have already seen that over the past year, Bitcoin has shown both active growth and a rapid decline, so any forecasts can be very inefficient ...