Keiser said in an interview in november 24 on RT that despite all the bitcoin bashing from various bankers, the currency will grow from its level of around 8,000 USD at that time to 100,000 USD. He pointed out that bitcoin skeptics have written its obituary hundreds of time, to no avail. According to Keiser, bitcoin will just continue to grow because the US dollar is simply rubbish.

He gave an example from his own trading experience, saying “I remember when I bought Apple stock in the late 90’s when it was valued for less than 100m USD, Michael Dell publicly said that Apple should shut its doors and stop the embarrassment of being in business. Twenty years later, it’s approaching a 1 trillion USD market cap, and nobody talks about Michael Dell anymore.”

Well Bitcoin's price set a new record on Saturday as the virtual currency rose above $19,000 for the first time on the Bitstamp exchange. The gains came just hours after the currency crossed the $18,000 mark. Bitcoin's value has doubled over the last three weeks, and it's up more than 20-fold over the last year.
Source: https://alpari.com/en/analytics/reviews/cryptocurrencies/23200_24112017/

My question then is. How far will [Suspicious link removed]ive this year?, I supposed that at a value of $ 20,000, but there are still two weeks to end the year. Who gives me your prediction?

Here is another one  good converter is https://alpari.com/en/analytics/currency/

This morning, the price of bitcoin rose to 11,400.8 USD on the Hong Kong exchange Bitfinex. This marks a new all-time high for bitcoin and an increase in its price by a factor of more than 10 since the beginning of 2017.

Many experts claim that this growth is the result of reduced hype surrounding the US dollar. They believe that this is more a case of the dollar depreciating than the price of bitcoin rising.

Crypto-analysts claim that the US Federal Reserve has printed so much money in the last 10 – 20 years that not even the regulator actually knows how much USD is in circulation around the globe.

At the end of 2008, the Fed announced they had opted for a “printing press” cure to the crisis as the first round of the regulator’s asset-purchasing program got underway. No one knows the current value of the M3 money supply in the US. Some members of Congress are long-time critics of the Fed and blame the regulator for turning the dollar into a bubble with no real backing.

I agree with this assessment. If you look at the Federal Reserve’s economic projections over the last 5- 6 years, you’ll find that they almost always miss the mark. It’s important to understand that the Fed’s main role is to regulate money supply (by forming monetary policy) to support economic growth (low unemployment and 2% annual inflation). The question is how can the money supply be efficiently controlled when the Fed itself doesn’t know how much money is in circulation (as I’ve stated above, this relates to the M3 money supply)? This is exactly why the Fed’s economic forecasts have been off for the last 10 years as well as why they’ve been unable to adequately conduct monetary policy. In other words, the Fed has become less efficient at its job and the supply of dollars has slipped form their control.

Crypto-analysts claim that during the next US crisis, not only will global investors shift towards cryptocurrencies (i.e. the dollar will lose its status as a safe haven and become a high-risk, unreliable asset), but American citizens will also look to exchange their dollars for crypto, bringing about a total collapse of the US dollar.

Crypto-analysts claim that with the collapse of the dollar, bitcoin will cost somewhere between 1 and 5 million USD. At the time of writing this review, bitcoin is trading at 11,400.8 USD with a market cap of 162.22bn USD.
Source: https://alpari.com/en/analytics/reviews/cryptocurrencies/23222_27112017/

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