Definitely, we will surpass the $2000 milestone in this year, or latest next year. Not only me is so optimistic, but Tim Draper predicted that bitcoin would be $10000 in 2018. We should learn patience from bitcoin investment, because patience is a virtue. Only bitcoin hoarders can make huge amount of fiat money and bitcoin.
I do think this speculation is happen on 2018 or some time. I think we will reach to 2000$ and above value on next halving. Before we can see multiple fluctuations in the price value. I hope we need till happen and check it. Many of the speculations are not happening in real.
the next halving is about 3 and a half year in the future. so you think it will take about 3.5 years to only rise 2x?
i seriously doubt it.
price has been rising with good multipliers over the past. in 2015 it went up 2.3x and in 2016 it went up 2.5x and before that i mean the years before MtGox pumping bitcoin and ruining everything, price was going up 2-3x every year.
I doubt it too,, very much. Last year, bitcoin price increases from $411 to $908.
Market Capitalization (Beginning of Year): $6,161,215,794
Market Capitalization (End of Year): $14,590,356,108
Price (Beginning of Year): $411.99
Price (End of Year): $908.17
Price (Annual High): $909.94
Source :
http://www.coindesk.com/not-just-bitcoin-the-top-7-cryptocurrencies-all-gained-in-2016/Yes, we can't just compare last year price and this year, then stated it will be the same. But, at least we know that bitcoin could leap more than 100% in a year. Bitcoin can't be predicted accurately, but we know the advantages and usability of it which attracts so many users. I believe bitcoin could reach $2000 by the end of the year or next year.
