Is it practical to expect tenfold jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?
Its completely unpractical. There is no way bitcoin is going to spike like that because it is already having trouble resisting its drop at this point. There are huge dumpers all over the globe who are pulling back the growth of bitcoin and thus making it look like worst in this season. The thing is, when rest of the world see's bitcoin falling like this they will fear to invest into it. These are the peoples who might have been new investors who could have pushed the bitcoin to 10 fold rise but unfortunately that is not the case and the reavers of everything is happening. I doubt that it would be 10 fold change this year. Give it another one and half then we may think about it.