Quote from: Adioliver on December 11, 2017, 05:00:30 PM

Hello bitcointalk community I happened to come across a very interesting article which states that bitcoin may pump upto $60k and crash after that.
The theory stated in the article has a great chance of becoming the truth.
Do have a look at this article and let me know what do you think about the near future of BTC.

https://www.cryptocoinsnews.com/bitcoin-price-to-reach-60000-before-crashing-hard-to-1000-saxo-bank-outrageous-prediction/

The price of bitcoin in the high thousands is a possibility if Wall Street and mass adoption of business industries goes through. As a result, trillions of dollars would in this case pour into the bitcoin market and a boon would suffice nearing possibly beyond 60k and perhaps as high as 100k. Also, on the other hand, if other blockchains were to be created which utilize software updates as Tezos envisioned, then bitcoin would have a robust competitor which could make it eventually go bust.