I think the large scale investors will make a big difference as far as how high the price can go. I would say I wouldn't really be surprised at this point if we saw 10,000 to 15,000 with what is happening now.
Yes the demand of bitcoins is increasing day by day and that price is simply possible to achieve in next year as majority of users believe that in this year the price of bitcoins will hit $10k and if it does then it will be an win win for every user of bitcoin who have invested their money at a right time and hoping for the same I am continuously investing my money in bitcoin irrespective of the price.
yes no doubt that the demand of bitcoin is increasing day by day. we can see that the now the interest of the people about bitcoin is increasing from time to time and hope this increase will even continue for a long time.
True, there is a possibility this will continue, and bitcoin prices will continue to rise with high. I think, by 2018, bitcoin will reach the highest price that has not been achieved in previous years.
Extremely unlikely.
The reason being is that usually, the market becomes more bearish that it is bullish in the 2 years in between halvings. This has been true for basically every single time a halving has happened, for instance 2009-2012 and 2014-2016 you'll find that there hasn't been much activity.
I highly doubt that 2018 is going to be a year of growth, let alone bitcoin reaching $10k.
I'd be happy if bitcoin just stayed at $4k and that is unlikely next year, it'll likely go down to at least $3k.
Wow! That is EXTREMELY pessimistic. You don't think bitcoin will grow next year?? haha. wow.
And first of all you only have two time periods to base what you are saying off of, a data sample of 2 is not exactly good on which to predict things. Secondly, both of those data points can EASILY be argued to have had nothing to do with your premise. I mean first of all how was 2009 - 2012 not growth? Didn't it grow from being worthless to hit a high in that period of like $30? That's exponential growth. And the second period, 2014 - 2016 was due to Mt Gox, by far the dominant exchange in the bitcoin world at that point, imploding and a ridiculous amount of money was lost. Mt Gox is what killed growth in 2014 and 2015.
Basically your premise has nothing to back it up, and all sign point to bitcoin having another massive growth year in 2018. $10k will likely be passed and long forgotten in the first few months of the year.