Re: How much will be the bitcoin's value grow in 2018 ?
I have prepared a table that I added here below, which contains the statistics of the bitcoin value growth in percentage during the last 3 years : 2015, 2016 and finally 2017. We can clearly see that the bitcoin's value has achieved an exceptional growth this year, knowing that the value is multplied in 4 in 6 months. So, in your opinion how much will be the growth in percentage during 2018 ?
that table seems to be missing important context. bitcoin experienced massive growth in 2011 and 2013. in the context of price action from 2009 to the present, this kind of growth was not unexpected by true bitcoin believers.
the question for me is this: is this another hype cycle followed by a long term bear cycle, as we've seen several times before in bitcoin's history? or is it possible that we are actually seeing the S-curve of technology adoption unfold before our eyes? if we really are following the S-curve like cell phones and the internet, the price is going to go much higher---and fast---due to the extremely limited supply of bitcoins.
a year ago, i never thought i would say this. but i believe million dollar bitcoins are only a few years away. what a time to be alive....
