Bitcoin Price Prediction For December 2017 and 2018

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In 2017 Bitcoin price has experienced a major increase of over 500% and experts are expecting the bitcoin price to reach a new all-time high of $700 by December 2017 and $10,000 by the end of 2018. Analysts are also expecting the price of bitcoin to hit $5000 in 5years and subsequently rise to $100,000 in 10years time. Although these figures and prediction are quite ridiculous, they can actually be achieved owing to many reasons that are convincing enough beyond reasonable doubts.

A wise investor once said...
Be fearful when others are greedy and greedy when others are fearful -Warren Buffet-




Investing in bitcoin is a wise thing to do because you won't have to lose you money, you may only lose your time if at all there is a decline in the price of bitcoin after you have made your investment. But whether there is a decline or not, with time and a little bit of Patience, you will definitely make your money back, that is the worst case scenario. As for the good case scenario, if bitcoin price should increase subsequently to your investment, that will make you one of the smartest investors, you may not see a 100,000x  profit, but you will definitely see a 2x, 5x, or 10x increase within 2 - 5 years. The reasons why there will be such significant increase are based on these facts

• The cryptocurrency market is like the internet in the early 90’s, therefore we’re just getting started here. It’s never too late even if it’s 2018 or 2019.

• There are 21 million Bitcoins and 16 million in circulation. There are 7 billion people on Earth, once there is a mass adoption, the value of a single Bitcoin will definitely sky-rocket.

• Bitcoin is working on improving the transaction speed - as, at the time of this post, Bitcoin has a transaction speed of 5–7 transactions per second. As soon as the transaction speed has been increased, the number of merchants using it would increase.




• Argentina’s primary means of remittance is Bitcoin, even the locals are using the cryptocurrency due to the inflation of their currency.

• Sometimes this year, South Africa's second-largest mall adopted the use of bitcoin as an acceptable means of payment which means for African countries are still going to legitimize bitcoin

• Since it is against PayPal's policy to allow Nigerians to receive payments from other foreign countries, more Nigerians are now looking forward to bitcoin as an alternative means.

• Just a Bitcoin was worth $0.08 in July 2010. Today, one Bitcoin is close to $6000. Feel free to do the math.

So if you are interested in buying or investing in bitcoin Click here to buy and receive $10 bonus when you buy up to $100 worth of bitcoin. And don't forget to share this piece on your preferred social channel.

Courtesy: Sam Cappizzi & Kumar Attangudi
Bitcoin Price Prediction For December 2017 and 2018 Bitcoin Price Prediction For December 2017 and 2018 Reviewed by sidex Jay on October 28, 2017 Rating: 5

4 comments:

  1. When this bitcoin product was released, i thought it was a joke like money- dubblers but with time it began to gain momentum have value like stocks. Thanks for the information and enligtenment.

    ReplyDelete
  2. Bitcoin currency going high that is amazing!

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  3. Bitcoin would be our alternative payment option in the next twenty years. Its not a bubble.

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  4. The problem with bitcoin and all other currencies is that as soon as it is government start to regulated it the government seem to screw it up

    ReplyDelete

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