Will Bitcoin reach $15k by the new year?steemCreated with Sketch.

in #bitcoin7 years ago

This was the last month, it basically doubled, we have 4 more months left in the year, so if it doubled every month it will be more like $80k by the new year. Id say $15k is realistic.

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there is a chance that it will....

I would even go so far as to say $20K is reasonable.

It may drop bit, as lite coins are getting more attention. Bitcoin transfer fee are too high and scaling issues so it may drop due to ETH and litecoin but GOLD is always GOLD.

I seen uber is accepting litecoin, think theres still tons of growth for all the cryptos. I believe bitcoin will be the gold reserve of cryptos mainly to store large sums of wealth and large transactions. Ive had trouble claiming tokens with eth because of gas limits / prices, so basically charged fees for incomplete / failed transactions. At least the bitcoin transactions go through, even if they take a while. Bitcoin also scales by forking, like with bitcoin cash, the hodlers are rewarded with the new currency when it forks. Its amazing how crypto just grows and grows. It will continue to grow until fiat dies.

Great. Thanks for sharing. I vote for you and begin to follow you. And Resteemed...

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No way, a big increase in price comes with a correction