Topic: bitcoin cross $10000 maybe in year 2018 bitcoin hit $25000. (Read 377 times)
Actually we can't really predict BTC growth in 2018 coz Central authorities are taking BTC economy seriously then ever before and working on it to regulate it. Their decisions are definitely going to play a major role in BTC trend formation. If any Big country like US, China, Russia or India where no. of BTC users are growing day by day, BANNED it then there would be serious trend change in BTC graph. So lets not predict 2018 Bitcoin price and keep a keen eye on their decisions and then take steps accordingly.
No you are underestimating the potential of BTC if you are saying that it would go only till 25k this year. We have seen a multiplication of 10 times in the year 2017 itself. I think we might see btc at 100000 by the end of next year unless India plans on banning it.
$25,000 is possible on the first to second quarter of this year and more over than its current value today.
It will continue to go up because of the strong sentiment in the market. However, one should be cautious as with high volatility there are high chances of crashes as well.
Dec 31 2018 - $100,000 (10x from base 10,000)
Dec 31 2019 - $500,000 (5x from base 100,000)
Dec 31 2020 - $1,000,000 (2x from base 1,000,000)
Dec 31 2019 - $500,000 (5x from base 100,000)
Dec 31 2020 - $1,000,000 (2x from base 1,000,000)
It looks good on the writing here. As every year you are calculating the 10x multiplier on the base. As the base increases the multiplier would become smaller and cannot remain constant. Thus this figures are way beyond exaggerated and nothing more. Yes will it reach by 2018 25k is the big question and possibly yes it can be near about if things go smoothly through the year in 2018.
smoothly
Yes it is possible if everything would be perfect. No country will bann it than it can be the future money of whole world. Trading with other country will be easy than manner.
Dec 31 2018 - $100,000 (10x from base 10,000)
Dec 31 2019 - $500,000 (5x from base 100,000)
Dec 31 2020 - $1,000,000 (2x from base 1,000,000)
Dec 31 2019 - $500,000 (5x from base 100,000)
Dec 31 2020 - $1,000,000 (2x from base 1,000,000)
Just analysis the price of bitcoin at the year start and now.It's only 1000$.Now it's 11000$,nearly 11 times the price is raised in 11 months,it's average of 1000$ in a month. So if this continue, we can expect the price will reach of 24000$ at the end of 2018 even it may reach 25k$,because as the time period increase, the growth may increase sudden not in gradual.
We cannot predict this growth because we will also need to understand that just the way price is rising without much reason will tend to go that quickly down as well. For example from 10 k it reached 11400$ in less than 24 hours and in next 12 hours it has fall almost 1200$ as the rise was without strong reason. It will rise again but one should be also more cautious as the price is rising too fast.
bitcoin growth is very fast i think bitcoin hit $25000 in year 2018
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