It is a very big possibility that the market value of bitcoin will reach $10,000 by 2018. This is because as at early last year, bitcoin value was less than $1,000 and it has come this far to $4,850 is a sign of possibility that it may reach $10,000 before the end of 2018.

Drop and increase in the market value of bitcoin is a normal phenomenal because bitcoin is volatile in nature, any prediction about the movement of bitcoin is just a mere prediction and not 100% accurate.

In as much as some people are speculating and expecting that bitcoin price should reach or break  $5,000 , some of us are still expecting its  market value to decline below  $3,500 to create an avenue for us to buy more and hold pending when its reaches or break $5,000 The long awaited for.

In my own understanding I attached the recent decline in the market value of Bitcoin to the fources of demand and supply, which is always the significant factors that affects the upward and downward trend of Bitcoin. Except on rare occasions that fundamental events affect its value. Just as you mention the events in China.

The correction is almost down by 8.25% already and I believe it cannot decline below  $3000 because of the strong support it had form at that point previously, except something extra ordinary happen. For some of us who are long time holder am not worried at all because, the decline create an avenue for me to buy more and hold.

I believe we are already seeing the correction of the market value of Bitcoin at the moment. Some people are attributing the current decline to the incidence in China while others are saying it a normal correction and with time it will start the upward trend again which am in agreement with their speculation.

More than 5% decline from around  $4,850 to around  $3,950 low. This really shows the sign of  serious correction at the moment. Although it Is a very good point for rational investors to buy more and hold pending when its value increase again.

Am of the believe that any coins below $20 is not too late. But if you are investing in such altcoin you need to hold them for a long period of time to enable you make profit at the end.

Up and down in the movement of Bitcoin is a normal phenomenon and other altcoin too. The current decline in the market value of Bitcoin and other altcoin shows correction moment for investors to buy more and hold till the next upward move to break $5000 strong resistance. 

As a result of the volatility of Bitcoin price it rate of return on investment can be more than 100% per annum. And this cannot in anyway be compared to bonds, stocks and mutual funds who's annual rate of return is around 7%. But bitcoin has a high risk of losing value because of its volatility nature when compare to bonds, stocks  and mutual funds.

Will such a thing ever happen? Difficult to answer. And even it will eventually happen it will take a longer years to come. For the issue of acceptability is still a major concern to crypto currency world.

Some of us who were not afraid of loosing our money left it with exchanger like poloniex and fortunately we were all compensated by bitcoin cash. Bitcoin cash double our bitcoin value with poloniex which can be easily converted to bitcoin and transfer to individuals wallet. I believe it is a risk worthwhile despite all the warning that one may lose his or her money.

In my own opinion, I don't see trading as a fun or game but as a business opportunity that one can more money and equally lose money at the same time. I say this because in every investment decision you make there is a tendency positive outcome and negative outcome. So, I don't see trading as a fun or game but as a business opportunity with two sword outcome.

Since you indent to invest such huge amount I will recommend you safe them in offline wallet like Trezor and others to avoid been hacked online by hackers. Buying bitcoin from coinsbase will be good and safe including Local bitcoin.

Am of the believe that media propaganda can have both positive impact on the market value of Bitcoin while the same could course negative effects on market value of Bitcoin. I believe as a result of high demand for Bitcoin has led to its increase in the market value in recent time.

As for me my only urgent dream for earning bitcoin is to get 2btc to enable me take care of my wedding celebration next year. How I wish I could get such amount of Bitcoin before next year February I will be the most happiest person on earth.

Well, to me it is all about individuals believe or perception and the way one study the ethereum classic that the future value will be. Just like bitcoin nobody know what future hold for ethereum classic.

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Kind regards,

Bagaji

All depends on individuals skill, you can trade and make a huge amount of Bitcoin at the end. You can equally render services by way of joining tweeter campaign and Facebook campaign, signature campaign, design logo and the rest of them which will grow your bitcoin.

I don't think there's any currency in the world  that has not been used for illegal activities. Although It depends on the type of illegal activities or business in which you are referring to.