[2017-09-22] Prominent Bitcoin Trader: Price is Heading Towards $100,000 in 2018

[bbc.reporter]

It is now very hard to believe in what comes out of a bitcoin maximalist's mouth like Tony Vays. I am not saying he is a lying fraud but he has made bold predictions in the past that did not occur.

He predicted that bitcoin cash will go down to $1.00, he also predicted that ETH will crash. Is he spreading FUD on altcoins and hyping bitcoin at the same time? His emotions and attachment towards bitcoin must be muddling his logic.



The analysis of Vays demonstrated the potential of bitcoin price to surpass the $100,000 mark by the end of 2018, which would provide bitcoin a multi-trillion dollar market cap. For many years, financial analysts and researchers in both the cryptocurrency and banking sectors such as RT’s Keiser Report host Max Keiser emphasized the possibility of bitcoin to surpass $1 trillion in market cap if and when it succeeds in evolving into an alternative financial network against existing banking systems and financial institutions.

Read the full article https://www.cryptocoinsnews.com/prominent-bitcoin-trader-price-is-heading-towards-100000-in-2018/

[zakalwe]

These trend-lines hardly ever guess accurately. Bitcoin price is too unpredictable, because it depends on so many factors and events around the world. There is no way you could predict what will happen with crypto status in China and Russia. If some country gets involved on the national level, including government-backed mining operations, price such as $100 000 is actually possible in few years, but it's more likely that the price will go up and down and touch the 10K mark but not stabilize there.