Will Bitcoin’s rise continue after record-setting 2017?
"Bitcoin’s record-setting year is well-documented in the media. But with BTC pushing $6,500 price levels and $109.4 billion in market capitalization, what’s in store for the world’s most popular cryptocurrency?
Famous investors Ray Dalio and Warren Buffett are warning of a bitcoin bubble. But other Wall Street analysts see bitcoin perhaps reaching $10,000 or even $25,000 by next year. BTC dipped to $3,200 in mid-September and has since rallied to over $6,500. Heavy trading (of nearly 300,000 daily transactions) can lead to volatility. But investors are also weary of fiat currencies that lose value over the long-term. As an asset, fiat money almost always devalues. And investors know that with Bitcoin and other cryptos, their money has a fighting chance to appreciate in value. Despite the naysayers, it’s possible that we’ll see Bit[Suspicious link removed]ver $10,000 in early 2018." - Bitcoin.com
Do you think Bitcoin will go over $10,000 in early 2018?