Given the way Bitcoins price has skyrocketed over the past year, it is very difficult to discern the fundamentals that can help us figure out its inherent value. As a matter of fact, when I started researching this article, the price of a single Bitcoin was around $12,000, 2 days and half an article later, the price of the same Bitcoin stand at $17,500. Bitcoin will surely rich to 20K by the end of 2018.