The Case For $5,000 Bitcoin

in bitcoin •  8 years ago 

Bitcoin is either an enormous bubble or has a lot further to run. Financial forecasters are now weighing in on the cryptocurrency, trying to divine where bitcoin’s price is headed, now that it sits at around $3,400, up from around $600 a year ago. 

Here are the arguments for bitcoin hitting $5,000—or higher.

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Nice post, i also think bitcoin cash i going to play a big part.

Follow me back bro

@somenathsen got you a $1.85 @minnowbooster upgoat, nice!
@somenathsen got you a $1.85 @minnowbooster upgoat, nice! (Image: pixabay.com)


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nice post !!

hi @somenathsen, well i think one things for sure, cryptocurrencies are here to stay and will not simply vanish from one day to the other. I think it is also a given that not all the currencies that we are currently seeing on the market are here to stay but there will for sure be a slow movement into some coins, where some is not exactly defineable right now. But nevertheless you are completely right, hitting 5000$ is for sure possible for the bitcoin. The question is more or less only when, and what dips it might see on that longer way up :)

you are right.. :)