Well sure it will increase for sure.it can touch 7000$ and i heard in December the price would be 1000$ or plus.i am not a prediction but i believe it could be happen since the price is increasing and not dropping
at time I am writing this reply, the bitcoin price is $16,760.90.. It has also a bright future and I believe will still going to go higher because of the fact that bitcoin is a scars resource - it can only be up to 21 million bitcoins in total.
The total number of Bitcoins in the market is limited to 21 million units. How could it be more than 21 million? I do not understand what you mean, and you have to add the lost Bitcoins to the account.
Who says it could be more than 21 million bitcoin? I don't say that for sure. Check my reply once again and try to comprehend more - what I was trying to point out was that bitcoin has a bright future and its price, from $16,760.90 from the time of that writing, will go even higher due to the fact that it is a scarce resource and I specifically said that the reason why it is a scarce resource is because it can only be up to 21 million bitcoins.
$16,760.90? Is it Canadian dollars? Because it is not US dollars for sure.
As for the price of now, I am personally totally satisfied with it, earlier on this thread I predicted that it would not overtake 10k before second semester of 2018, glad I was wrong. Lots of manipulation though, it seems.
About the quantity, indeed, since it is limited the Bitcoin's price is not subject to inflation, it is actually deflationary by nature. Let's just hope people still care about Bitcoin when other cryptos right now are proving to be very convenient to use.
