If you would have told me that this year we would reach near $20k levels, I would probably think you're mentally challenged. It just shows how much impact a higher level of adoption has on this market, and that we're by far not there yet. I am however almost certain that we won't be able to re-experience like 1500-2000% growth rates within a year again. I think we should be happy with a 100% increase at minimum per year, which means that we will almost reach $100k somewhere in 2020 with a few corrections calculated in, which seems quite realistic to me. I'm definitely looking forward to further user and institutional adoption in the coming year.
Exactly,who could ever thought that it was possible to achieve such price increase in only one year-and even price is go down from 20k $ level it is still great achievement to be above 10k $ at the end of this year.I also think that we should not be expected to see such high price increase in next year,but some predict 40k $ with correction to 20k $.In my opinion only 50% growth rate would be quite enough to get us to 100k $ at the year 2023,and very close to 1 million $ in next 10 years.
What I still want to see more then price increase in next year is some solution to this insane scalability problem,I doubt we can go ahead while we have this kind of situation.Maybe this is not problem for big players,but for ordinary people who send/receive small transactions it certainly is.
