Quote from: Zekemporium on December 10, 2017, 12:46:18 PM

Quote from: Daniel91 on September 17, 2017, 08:18:18 AM

Quote from: Jeffreyforce on September 17, 2017, 08:12:15 AM

bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much

I'm very optimistic about future of bitcoin.
2 years ago value of bitcoin was only $200 and last year around $700.
Today, even with this recent big drop, btc price is still much higher than last year.
So, regardless of the occasional higher falls, bitcoin prices are constantly increasing every year.
I expect that such trend will continue and that we will reach price of $10 000 very soon

Yes, bitcoin crossed $16000 now. But within next 5 years how much it grows ? It may breaks all records and create a history or ballon of bitcoin price will blast and drop to ground. Both chances are there. Time tell all.

For sure it is very hard to predict about bitcoin because it use to change with time. If today bitcoin price is high soon we will hear about a new price, $16k is today and till the end of the year it is expected to grow more and become $20k and the next month it will grow more, so with the passage of time bitcoin price use to increase and people earn good profit but if price will be low even then it is not good to sell bitcoin.