Quote from: munify on July 13, 2018, 01:20:12 PM

Quote from: Abeleez on July 13, 2018, 12:09:17 PM

Bitcoin is currently trading at 6k but there has been a consistent prediction that before the year ends it will be up to 25,000. I want to know how many of you share in that optimism because at present, it's all bearish and nothing more.

I think with the current bitcoin price it will be hard for bitcoin to reach $ 25000 by the end of this year. The $ 25,000 price will be more likely to be achieved in 2019.

In recent years, bitcoin has been actively extracted, and the growth in turnover, coupled with the increase in price, dramatically increased the market capitalization of the crypto currency. Now it reaches 68 billion dollars, quite comparable to the company's capitalization from the Dow Jones index (30 largest US corporations). And the total capitalization of the first hundred crypto currencies exceeds 130 billion dollars, which is comparable with the large branch of the "real" economy.