Post
Topic
Board Economics
Re: Bitcoin will have a price of $50000
by
Darker45
on 28/04/2018, 13:04:07 UTC
Based on the news, bitcoin might hit $50000 by the end of 2018. Is this possible? If so, what are the reasons?

Yes, it is very possible. One of the reasons for me is that the demand will exponentially rise after Bitcoin will once again come back to its $19,000 price. $50,000 is not even triple the last all time high price of Bitcoin, which was hit quite a long time ago already. It was way back several months ago. It happened last year. And since then Bitcoin has not even returned near that price anymore. Once it goes near that, a huge inflow of Bitcoin investment is expected.