Alright world anyone have any thoughts on where bitcoins value will sit at going into and through 2018
So many predictions were been made for the bitcoin price in 2018 by different people from good to bad. For me, i think 2018 is going to a wonderful for bitcoin despite so many challenges affecting bitcoin e.g. high transaction fee and slow transaction speed. Even with all that, i think bitcoin will finish selling around $50,000 in 2018.
The transaction speed problem is going to be resolved either by the lightning network, the 2x fork or something else. I've read an article today about a new project similar to 2x, that is going to increase the speed of the network. That is of course if people decide to support it.
I also believe we're going to go up but first we'll have a shakedown. It's been happening for a couple days and might continue throughout January.
The value of bitcoin in 2018 have some predictions,I think is going to wonderful price raise on bitcoin.I think the price of bitcoin will reach the value of 50,000$.You can inverse now to get huge profit.In bitcoin, long term holding will surely give profit.But you should have some patience when the price is fall.