Quote from: hubballi on November 08, 2018, 07:28:29 PM

Quote from: Impulseboy on November 08, 2018, 06:57:26 PM

Quote from: South Park on November 08, 2018, 05:19:03 PM

Quote from: sorrysteve1 on November 05, 2018, 03:07:10 PM

I hope that next year the price can go to the previous ATH or higher but I only expect to see a price around 10-12k by the end of 2019. I don't think the market will go parabolic yet and many will be very afraid to invest at a price near to the previous ATH because of what happened last time the price reached that level.

This is a good prediction, when I look at the forum I see nothing but some of the weirdest predictions with people predicting that bitcoin is going to reach prices that I know are impossible in that time frame, so reaching a price barely above 10000 is completely possible by the end of 2019 because I am the same as you and I do not expect a big recovery by then.

Interesting input. I wonder, though, if the price of bitcoin increases and stays within the range of $10-12000 by next year, do you think that it will encourage people to join the crypto world, and would companies be enticed to start accepting bitcoins as well?

About next year no one can tell how much high it will go but it all depends on 2018 closing price, as this price only will be decided for the next year price. About stable price if it continues then i think traders wont be happy and long term investors will start to take profit as they are seeing the price is getting stable

I think with more stability comes more credibility. A 100% increase in a year is still far better than most stocks or currencies so bitcoin would still be a good investment. A stable price also would alleviate a lot of the worries of institutions. I do agree that we'd see less traders in the space and people collecting their profits but they'd be replaced by others in due course. Bitcoin doesn't also need to be traded much if at all in order to fulfill its design as a currency not an investment vehicle.