Quote from: bitcoinmaniac52 on November 18, 2017, 01:18:13 AM

Quote from: pikebu on November 17, 2017, 02:49:24 PM

Quote from: rockyshala on November 17, 2017, 02:15:46 PM

How long for?

Read more: https://cryptodaily.co.uk/2017/11/bitcoin-hits-high-8000/

Basically there are no one who know about what will happen in the future include the bitcoin's price in the future, we just can make analysis fundamental of the bitcoin, in my personal analysis based on the good news and analysis fundamental of bitcoin from another users, bitcoin's price will be hit around $10.000/BTC because many bugs fixing on the bitcoin's network, many new digital coins exchangers be built, they will makes transaction of bitcoin more be easy and other great news of the bitcoin. So it is up trend for long.

What analysis did you do to come up with that $10,000 figure exactly? Some people are saying it will go above $20,000 so I am curious why you think that the peak will be $10,000 and what calculations you did to reach that conclusion. In my opinion, I think a crash is coming soon anyways because a market can only rise exponentially for so long before it runs out of buying power and ultimately crashes.

True..
At this time..What is Bitcoin offering to the investor to be worth 10k? its not a Google or a Youtube at this time. What is it doing except storing funds for a speculative hope? There are 1000 cryptos out there with better fees and technology on the blockchain. What people are buying into now is the "Brand" and the hope of not missing the boat. All bitcoin is now is a store of money speculating to rise up.But what value is it giving to the investor now as to its market usability? Google is a multi billion dollar company employing thousands and making billions..Bitcoin has what 300k transactions per day? And 10 times the value of Google's share price .Investors are gonna be hurt buying in now. It's all an emotional buy now. And like they say, when trading don't use emotions just facts.

gemstar

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