Post
Topic
Board Speculation
Re: will we see bitcoin price 20k by jaunary 1st 2018
by
Hazaki
on 12/12/2017, 16:10:32 UTC
will we see bitcoin price continue going up or will it crash?

The unpredictable growth of Bitcoin is creating more tension than happiness among its holder now, servers are crashing Block chain is getting highly conjugated making transaction fees higher and flooding the forum with questions regarding bitcoin. Users are stunned with the recent hike and are not sure it is wise move to hold bitcoin or sell them. As, once again it is widely speculated that Bitcoin is going to crash bringing fear among its holders.
Crashing is inevitable for anything that exists on earth and bitcoin will certainly share that same fate sooner or later ! But i don't think it'll be that soon and even tho this scaling rate is getting a bit scary , people are very happy with it especially for those who invested before it reached 5k dollars per coins since they are already making some 300%-ish of profits in just few months !

Bitcoin still has a lot of momentum and we have seen it deal with similar crashs/breaks/fall downs before and yet people are more and more pumping money in it , investing in it and especially believing in it , and if they continue doing so it won't be fading away any soon .

The block's size and the transactions time/fees have been the biggest drawback till now and yet people are still going all in about bitcoin because the current moment is always the best moment to buy (except when there's a correction or a hard fork planned ) . And the 20k record is totally doable before even 2018's kick off .