Bitcoin at 3600 euro's

in bitcoin •  7 years ago 

So, Bitcoin came up from 2600 euro's two weeks ago to 3600 euro's now. That a over 1000 euro's gain. Man, it's so hard to get a grip on this thing!

Will bitcoin be THE coin widely adopted? Or....will we still experience a bear market this year. Schermafbeelding 2017-10-01 om 16.48.44.png

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I think with the revalorization of the price will be more accepted for their value of use and value of exchange, but i am not talking exclusively for Bitcoin.
For example in Venezuela we have an inflation of 1.200% meaning that a Satochi is worth more than a Bolivar so we have to recur to Bitcoin to preserv our value.

So, if Bitcoin does get more widely adopted you think the fluctuation in price will settle and value becomes more stable? That sounds like logic. Question then is, at which price point will bitcoin stabilize, I mean....3600 euro's for a single bitcoin...man....I can just not see it happening but perhaps I'm totally wrong here!