[2017-06-19]10 Reasons for Bitcoin Price To Grow To New Heights in 2017

[Vladdirescu87]

In the previous article about Bitcoin price trends at Coinidol.com, the experts have predicted that the price of Bitcoin could hit $3,000 by the end of December 2017. However, it’s June now and last week the Bitcoin price has already reached $3,000.

We contacted dozens of leading world experts in the field of cryptocurrency, among which are top managers of Global Advisors Bitcoin Investment Fund PLC, Gemini Exchange, BNP Paribas, Société Générale, Alphabit.Fund and many others.

We asked them to comment on the possible future of the Bitcoin price and whether we should expect a victorious continuation of Bitcoin’s price rise to $3,000 and above.

The full article: https://coinidol.com/10-reasons-for-bitcoin-price-to-grow-in-2017/

[hfaffiliates]

Bitcoin Price grow up day by day because mining fee increase because if you don't give more fee then your transaction is complete  with long time. For that you have to you give more fee to complete your transaction. and the miner get more profit form mining reward. After that  everyone increase use bitcoin  for that grow price day by day.

[SvenBomvolen]

Bitcoin Price grow up day by day because mining fee increase because if you don't give more fee then your transaction is complete  with long time. For that you have to you give more fee to complete your transaction. and the miner get more profit form mining reward. After that  everyone increase use bitcoin  for that grow price day by day.

The price is growing the first of all from growing interest to this currency. Bitcoin is on demand now and new people join the crypto world daily.

[hfaffiliates]

Bitcoin Price grow up day by day because mining fee increase because if you don't give more fee then your transaction is complete  with long time. For that you have to you give more fee to complete your transaction. and the miner get more profit form mining reward. After that  everyone increase use bitcoin  for that grow price day by day.

The price is growing the first of all from growing interest to this currency. Bitcoin is on demand now and new people join the crypto world daily.

Yes... You are 100% right. Every day Become interested in crypto World Daily. now big Market capital in crypto currency and its grow up more and more.

[joshy23]

I think most of the reasons mentioned above are already known by all of us. To summarized everything here is the 10 reasons:

#1 Reason illiquidity, price discovery is very opaque
#2 Japan's quick adaptation of BitCoin for store payments
#3 Major uptrend in Blockchain and Cryptocurrencies
#4 Bitcoin is a benchmark
#5 Bitcoin is going mainstream
#6 Mining difficulty has gone up tremendously, miners have to be compensated for processing transactions
#7 Volatility is here to stay
#8 Major uptrend with severe drops/pullbacks
#9 Limited supply
#10 Network congestions”

I can only speculate that by the end of the year we are going to see near 4000-5000$.

[hfaffiliates]

I think most of the reasons mentioned above are already known by all of us. To summarized everything here is the 10 reasons:

#1 Reason illiquidity, price discovery is very opaque
#2 Japan's quick adaptation of BitCoin for store payments
#3 Major uptrend in Blockchain and Cryptocurrencies
#4 Bitcoin is a benchmark
#5 Bitcoin is going mainstream
#6 Mining difficulty has gone up tremendously, miners have to be compensated for processing transactions
#7 Volatility is here to stay
#8 Major uptrend with severe drops/pullbacks
#9 Limited supply
#10 Network congestions”

I can only speculate that by the end of the year we are going to see near 4000-5000$.

Bitcoin Price grow up day by day because mining fee increase because if you don't give more fee then your transaction is complete  with long time. For that you have to you give more fee to complete your transaction. and the miner get more profit form mining reward.

Yes you are Right this year bitcoin price grow up 5000+. we just waiting for this.