Does bitcoin reach $10000 by the end of December 2017?

in bitcoin •  7 years ago 

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Exactly seven months back bitcoin value was around $922 USD by the end of Jan 22nd 2017. Now, after 7 months bitcoin value is around $4600 (As per the latest update).

If you can compare the bitcoin value between these two time periods you can bitcoin growth is raised by more than 3 times of its price in January. The difference between these two time frames is $3678 dollars.

Mathematically

Today's price $4600- Jan2017 price $922 = $3678 USD ( In just 7 months)

Jan 28nd 2017

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August 28th 2017

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This is proved that bitcoin can hit $10000 any time within the 12 months if this growth continues on the coin market. If it soars up seem like past 7 months growth bitcoin will easily reach $10000 USD surely. With this entire coinmarket will reaches $300 Billions.

Because just today's bitcoin prices soars up by $300 within 12 hours the time. There is no market in the world that has this much grown in just 7 months except coin market.

The people who are going to hold the bitcoins just for the next few months are going to be the millionaires. In some countries just 1 bitcoin can buy them home and other properties. If you hold 10 bit coins which is each one worth of $10000 then it's going to be $100000 USD.

This the golden year for bitcoin, because when you look back at the highest raise of bitcoin it was around $1000 every year. But when it comes to this year it is more than 4 times of its previous growth.

So try to hold the bitcoins, do not sell them until the dream price you get. It's the easiest and shortest way to become a millionaire through the bitcoin.

Big Billion Days are coming soon for the bitcoin. Good luck traders.

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Great post! Even whit Bitcoin around its all time high, I actually just bought me some more! I'm a long term holder, and even if it would go down a little bit in the coming days, months (which I doubt), I am sure I will make profit in the future... And if it goes up in the coming days (which is the most likely in my opinion) I did a good trade! The best time to buy Bitcoin was yesterday! The second best time to buy Bitcoin is... Right now! Good luck with your investments!!

Yes successful trading is all about long term profits.

maybe not $10,000 but 5,000 could be possible!

Why not if the same growth continues like from the past 7 months it will surely does. let's see what happens in the future.

I really hope so. I brought 0.0103 worth of bitcoin a few months back when it was really low, around $14 at the time. I just checked now and I've made a $51 NZD profit, pretty good for a teenager who doesn't have any expenses. Holding onto it hoping I'm going to have it least $100 worth later down the road to help pay for some more sound gear.

That's good. Buying when bitcoins are low and selling them when they are extremely high. But holding it for good price is the success for good trading.

Think the market is due to a correction currently, of course it will come back harder but we have gone up an incredible amount and no sign of correction at all. But, drops are good :) But low and ride that wave!

There may be up and downs but if you look at the past 7 months growth bitcoin is raised by 4 times of january 2017 price. And it has continuous growth, isn't it great?

That does not always mean continuous growth, markets need to have a correction. But yes there a lot of potential.

I said if it follows the same what it did in the last seven months it will surely reach to the peaks. $10000 are very easy for bitcoin.

This post has received a 1.02 % upvote from @booster thanks to: @stefen.