Bitcoin Price Likely to Hit $3,500 This Year, How true is that?
I think realistic speculation would be 2500$ rather than 3500$. Its only may right now and we still have 6+ months till end of this year so price can easily go way higher than $2000. 
Topic: Bitcoin Price Likely to Hit $3,500 This Year, How true is that? - page 3. (Read 2218 times)
Just as we were thinking nothing will be powerful enough to stop the rise in the Bitcoin price, we had a major negative event that pushed down
the price. {WanaCry Malware linked to Bitcoin} We will see many more and I think this is sanctioned by some governments and are not backed
by individuals or small groups. They will not allow Bitcoin to go much higher, because they know what will happen if it does go mainstream.
the price. {WanaCry Malware linked to Bitcoin} We will see many more and I think this is sanctioned by some governments and are not backed
by individuals or small groups. They will not allow Bitcoin to go much higher, because they know what will happen if it does go mainstream.
Bitcoin already doubled this year, before the half of the year, why not double at least once again?
In 2013 Bitcoin has between the first "small" rise to $200 and the second one up to $1000+ by the end of the year, maybe history will repeat itself, in a more sustainable way.
In 2013 Bitcoin has between the first "small" rise to $200 and the second one up to $1000+ by the end of the year, maybe history will repeat itself, in a more sustainable way.
If we will base our speculation on the current movement of Bitcoin then Yes it is possible for Bitcoin to reach $3,500 and even higher. There might be some hurdles that Bitcoin needs to go through and thats negative news like an exchange site was hacked and funds disappear but news like Australia will start regulating Bitcoins by July 1 thats a positive news that will further strengthen the market price of Bitcoin.
We can say that the price of bitcoins would be more than before and it has a high chance that the price of bitcoins would be more than 3500$,well there are other problems that needs to be resolved and the mass acceptance is required in order for the price of bitcoins to go high of that extend.
Bitcoin Price Likely to Hit $3,500 This Year, How true is that?
We can speak all the day about how big bitcoin is and how the price will reach new all time highs in the next few weeks or, we can speak about the same thing while giving solid and valid arguments. I prefer the second way. The price reacing 3,500$ by the end of the year Its not unlikely but we first need to get a few problems fixed (SegWit vs BU is the first thing).
I will have difficulties to believe that user base or investment in bitcoin can be doubled in 2017...Except there will be any very strong positive news, which I don't see either.
Bitcoin Price Likely to Hit $3,500 This Year, How true is that?
There is definitely a chance, but afterall the price has to be supported by "something". With that "something" being unknown, the market actually predicted a price of $1726.70... That's why the current price.
Bitcoin Price Likely to Hit $3,500 This Year, How true is that?
Jump to: