Would Bitcoin price reach $10K by the end of 2017? - page 2.

Wexnident

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Quote from: Bitcoin Guy on November 20, 2017, 11:11:56 AM

Six months ago I did not expect this to happen, but now I think it is possible.

Many encouraging news lately. Here is one of them:

https://qz.com/1133670/bitcoin-price-at-8000-institutional-money-poised-to-enter-the-market/

Bitcoins futures implementation and the participation from institutional investors.

What do you think?

Ir is hard to tell though. Within a month there are lot of things to happen and we are not surr whether it will be infavor with Bitcoin or not. Also, since the hardfork in november was already cancelled so it will surely be hard for Bitcoin's value to be more expensive. Maybe it would be able to reach 9000 uSD but i doubt that it will make it to 10.

worle1bm

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Quote from: Bitcoin Guy on November 20, 2017, 11:11:56 AM

Six months ago I did not expect this to happen, but now I think it is possible.

Many encouraging news lately. Here is one of them:

https://qz.com/1133670/bitcoin-price-at-8000-institutional-money-poised-to-enter-the-market/

Bitcoins futures implementation and the participation from institutional investors.

What do you think?

The price is moving towards it's goal and trend chart shows the possibility to hit $10k by this year last week but according to a report by business insider a company name "tether" have reported a heist of $30 million in crypto currency which is affecting btc and ETH prices to have dip so due to some reasons it might not get possible to see this peak price by end of the year

A1exander

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Quote from: Bitcoin Guy on November 20, 2017, 11:11:56 AM

Six months ago I did not expect this to happen, but now I think it is possible.

Many encouraging news lately. Here is one of them:

https://qz.com/1133670/bitcoin-price-at-8000-institutional-money-poised-to-enter-the-market/

Bitcoins futures implementation and the participation from institutional investors.

What do you think?

These news are certainly encouraging. I would not be surprised by $10k by the end of the year, but I would also not be especially surprised by a correction to, say, $7k. However, I suppose that with more big investors the volatility will decrease and the price will continue to rise.

magneto

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Quote from: Bitcoin Guy on November 20, 2017, 11:11:56 AM

Six months ago I did not expect this to happen, but now I think it is possible.

Many encouraging news lately. Here is one of them:

https://qz.com/1133670/bitcoin-price-at-8000-institutional-money-poised-to-enter-the-market/

Bitcoins futures implementation and the participation from institutional investors.

What do you think?

I think that the pure hype amongsts the investors right now is enough to push price over $10k for sure. Even if it is the peak of the bubble i do agree with the analysts that say that BTC will go to $10k or even $15k at the end of the year/start of the next.

Last year we saw a great surge in pricing of bitcoin near the Christmas/New year area.

I would not be surprised if we see another surge in price this year, at the same time.

Happichfun

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can bitcoin add 2,000$ in 2 months yes it can so that bitcoin can reach 10,000$ by the end of 2017

matanglawin

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Quote from: Bitcoin Guy on November 20, 2017, 11:11:56 AM

Six months ago I did not expect this to happen, but now I think it is possible.

Many encouraging news lately. Here is one of them:

https://qz.com/1133670/bitcoin-price-at-8000-institutional-money-poised-to-enter-the-market/

Bitcoins futures implementation and the participation from institutional investors.

What do you think?

I'm not really sure but if the increase on its value will continue and if there will be nothing wrobg to hapoen before this year end that will make its value to fall, i think that is possible even if we are just a month aeay before this year end. The rate of increase at this moment is indeed high making it really possible to be more exoensive now that its value is already at 8200 USD.

leonair

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Quote from: Bitcoin Guy on November 20, 2017, 11:11:56 AM

Six months ago I did not expect this to happen, but now I think it is possible.

Many encouraging news lately. Here is one of them:

https://qz.com/1133670/bitcoin-price-at-8000-institutional-money-poised-to-enter-the-market/

Bitcoins futures implementation and the participation from institutional investors.

What do you think?

On the current price of $8,200 and there is only around 40 days before the year ends then it may be impossible for Bitcoin's price to reach $10,000 but who knows it is just $1,800 away from that amount and bitcoin price was able to increase from $5,600 to $8,000 in just one week. But many things should be considered, will there be more new investors that will buy bitcoin in the remaining days of 2017? Once this happen $10,000 will be reached easily.,

franco123

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A lot of people said before that the price would no longer increase or reach 7000 and above. But it did and now it is still going up and may reach 10000 before the end of 2017. However, given that the price is pretty high already, some might start selling which will slow down the increase of the price. If so happens that it will not reach 10000 this year, I think it will still reach it by the first quarter of 2018. I believe that Bitcoin price will still continue on kicking and increasing in price for the next couple of years.

Gaaara

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It might reach, but consider some obstacle of investors denying since they will think that it is too over price they will began to be pushed back by the value, furthermore there is always ups and down regarding the value but at this point it is the part where bitcoin price is getting a boost.

HatakeKakashi

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Today price of bitcoin is very high and now it's 8200 dollars. Im very happy for that and for sure the price will increase more so be ready because maybe the price will become 10k dollars before end of this year 2017.

XCANA

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Quote from: Bitcoin Guy on November 20, 2017, 11:11:56 AM

Six months ago I did not expect this to happen, but now I think it is possible.

Many encouraging news lately. Here is one of them:

https://qz.com/1133670/bitcoin-price-at-8000-institutional-money-poised-to-enter-the-market/

Bitcoins futures implementation and the participation from institutional investors.

What do you think?

Op, there is no doubt about it, Bitcoin will reach $10,000 before end of December this year.

214missy

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Quote from: Bitcoin Guy on November 20, 2017, 11:11:56 AM

Six months ago I did not expect this to happen, but now I think it is possible.

Many encouraging news lately. Here is one of them:

https://qz.com/1133670/bitcoin-price-at-8000-institutional-money-poised-to-enter-the-market/

Bitcoins futures implementation and the participation from institutional investors.

What do you think?

Everybody wants its to happen. Especially those bitcoin users that use to be earn by joing in a signiture campaign. And it also a good new for users who savemore and hold a lot of bitcoin.
As of now bitcoin price are almost $8,000 and its still amount before the year end. So I'am hoping that bitcoin really reach $10,000 before the end of the year.

Bagaji

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Quote from: Bitcoin Guy on November 20, 2017, 11:11:56 AM

Six months ago I did not expect this to happen, but now I think it is possible.

Many encouraging news lately. Here is one of them:

https://qz.com/1133670/bitcoin-price-at-8000-institutional-money-poised-to-enter-the-market/

Bitcoins futures implementation and the participation from institutional investors.

What do you think?

No one expects Bitcoin to reach its current height of market value above $8,200 as at the time of this post and that has raised some of us expectation that Bitcoin market value Will reach $10,000 before end of December this year. And the major factor behind the as far as am concerned is the fources of demand and supply which I believe will continue to influence Bitcoin value upward.

Bitcoin Guy

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Quote from: athanz88 on November 20, 2017, 04:14:14 PM

Same as me. I didnt think bitcoin will be this high six month ago. But to reach 10k usd at the end of 2017 is kinda hard. 9000++ usd would be acceptable by the end of 2017.

9K is what I got based on a log transformation regression model I ran.

Bitcoin Guy

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Just some reference points:

Bitcoin is at 137B market cap right now.
Circulated USD is 1.5T. (11X)
Gold mined 8.2 T. (60X)
Total Stocks value is about 70T. (511X)

At some points the crazy price increases and the up and down volatility will end.

Erkallys

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If you asked me this just two days ago I would have answered nothing else than a clear no. But now current times make it worth the time to think about it. While I could not clearly say yes, it is now perfectly possible for me.

Kurokonobasuke

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Quote from: Bitcoin Guy on November 20, 2017, 11:11:56 AM

Six months ago I did not expect this to happen, but now I think it is possible.

Many encouraging news lately. Here is one of them:

https://qz.com/1133670/bitcoin-price-at-8000-institutional-money-poised-to-enter-the-market/

Bitcoins futures implementation and the participation from institutional investors.

What do you think?

It now again seems to be possible since Bitcoin was already able to reach 8100 USD at this moment and if nithing will go wrobg for Bitcoin and the high rate of increase on its value will continue, there's a huge possibilitu for this thing to happen before this year of 2017 ends.

batang_bitcoin

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Things are happening on bitcoin very quick and for just a short span of time it can pump to an increase of $1,000. By the mid of the year we did seen it pumped crazily and passed off through $2,000+ , $3,000 and now $8,000. Possible that we can reach $10,000 by the end of this year. Things are getting more exciting because of bitcoin, this is now the new generation of elite rich people.

athanz88

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Quote from: Bitcoin Guy on November 20, 2017, 11:11:56 AM

Six months ago I did not expect this to happen, but now I think it is possible.

Many encouraging news lately. Here is one of them:

https://qz.com/1133670/bitcoin-price-at-8000-institutional-money-poised-to-enter-the-market/

Bitcoins futures implementation and the participation from institutional investors.

What do you think?

Same as me. I didnt think bitcoin will be this high six month ago. But to reach 10k usd at the end of 2017 is kinda hard. 9000++ usd would be acceptable by the end of 2017.
Yes, bitcoin has a big future potential, there are many factors that support is, such as :
1. Always break a price records by going up to a new level of price, although it has its down too, but it is normal in any kind of currency.
2. Some country already make bitcoin as a legal payment in their country.
3. Big vendors and merchants are starting to accept bitcoin.
That is just some factors that i can think of. Well, we are not wrong to invest our money on bitcoin. To the 10k !

salihno71

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This year has been crazy for the bitcoin. It is possible that it will reach 10k. But the main question is how the trends will look in the next year.

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