2017 is crazy for bitcoin

[A Fahriz Thiago]

I remember that on 1st January 2017 , the price of bitcoin is about $1000, but now we can see the price is already over $7000. To be honest, that is why some people said this is bubble since the unbelievable rising of bitcoin. However, let us look back upon the history, we can tell that Email subvert the postal industry, Amazon subvert the retail industry. Furthermore, Will bitcoin subvert the traditional banking?

Above is just my personal idea.If you like or not, I wish everyone here have a nice day.

 

The possibilitywe Bitcoin subvert the traditional banking does exist, but it is likely to be very small, as the government always supports traditional banking, unlike the bitcoin that has not been legislated by the government. So hopefully bitcoin can be legalized by the government.

[Hasbro27]

if you buy bitcoin in early 2017 and sell in this month then akna get a lot of profits because bitcoin this year is more than 2000% for me this increase is crazy, because the rise in bitcoin price is very high

[Vaskiy]

2017 has served to be the best year for the entire cryptocurrency as a whole till date. Expect more growth to happen with the upcoming years, because more adoption as well market based acceptance keeps on increasing. With the ongoing growth that has been happening I believe bitcoin will reach $20000.

[eleonor]

if you buy bitcoin in early 2017 and sell in this month then akna get a lot of profits because bitcoin this year is more than 2000% for me this increase is crazy, because the rise in bitcoin price is very high

I just buy few satoshi before last forking (August 1) when btc got sudden dump and now I'm already in profit. Honestly I am tempted almost everyday to sell them already because of huge profit already but little greediness is occurring in me and hoping btc price pumps more.

[civilchancer]

A lot of people believe that bitcoins is just a bubble waiting for it's collapse, but the truth bitcoins is already backed up by a lot of investors, this makes bitcoins less like to fluctuate, but if it does it would be a slow down fall.

[Henry27]

Yes, bitcoin was very surprised by its price this year, assuredly. Let's look into the future of what will happen.

[xamil]

Yeah, your right. Bitcoin price is shocking because of the increased easily and we did not know why it happened. So sad that i have no bitcoin in my wallet now. Hope that i earn bitcoin and the price is still higher.

[songwdzw]

wow,so many replies. This year is really crazy for cryptocurrency.

[balakang00]

I don't think bitcoin will destroying as it will cause because eventhough bitcoin and banking is going through the same way, they have differences that makes them unique. They cause different advantages and is both usable by the people. Bitcoins are a good investment while banking is too. It's just a matter of choice on which you would spend money with, but why not both, right?

[ChristianPogi]

I thought this is the year for the crypto-currency, Let's called this a birth of crypto-currency Specially to bitcoin, so many struggle came in but day by day it's getting stronger. Stronger than before.

[kagawawa]

This year the bitcoin name is heavily promoted in the media and social networks. Its popularity has spread throughout the world, prices are also a noticeable thing this year. In summary crazy for bitcoin.

[eterhunter]

2017 is the craziest breakthrough of Bitcoin were the price value rise up to 15k USD,nowadays Bitcoin is very popular and famous for those people knowing this digital currency and have more knowledge how Bitcoin give benefits to one individual.

[ngavanngo22]

Indeed, 2017 is a year in which Bitcoin's exchange rate rises dramatically, and at the beginning of 2017, the BTC rate is just $ 1000, which is nearly $19,000 by the end of the year, up nearly 20 times. Why can you say it's a bubble? I see a lot of people making a profit from Bitcoin, maybe by trading, investing, through signature campaigns and so on. I believes that by 2018 the BTC rate will rise sharply, reaching $100,000.  

[Wyne]

I remember that on 1st January 2017 , the price of bitcoin is about $1000, but now we can see the price is already over $7000. To be honest, that is why some people said this is bubble since the unbelievable rising of bitcoin. However, let us look back upon the history, we can tell that Email subvert the postal industry, Amazon subvert the retail industry. Furthermore, Will bitcoin subvert the traditional banking?

Above is just my personal idea.If you like or not, I wish everyone here have a nice day.

 

2017 is really a year for bitcoin. Imagine how its value increases for about 700% . For me, it is a great undertaking and blessing and we should not consider that as a treat like a bubble that will burst anytime. With the idea that bitcoin was created to subvert bank, I think, there is a possibility for that because with bitcoin, you do not need to fall in line to do a transaction, where money has the same value wherever country you are.

[twthmoses]

Indeed, 2017 is a year in which Bitcoin's exchange rate rises dramatically, and at the beginning of 2017, the BTC rate is just $ 1000, which is nearly $19,000 by the end of the year, up nearly 20 times. Why can you say it's a bubble? I see a lot of people making a profit from Bitcoin, maybe by trading, investing, through signature campaigns and so on. I believes that by 2018 the BTC rate will rise sharply, reaching $100,000.  

Absolutely correct, I also believe that it will rise to 100.000$ +. It has taken a hit of 2000$+ the last day or so, but no worries, it will come back again.

[redsun114]

A lot of people believe that bitcoins is just a bubble waiting for it's collapse, but the truth bitcoins is already backed up by a lot of investors, this makes bitcoins less like to fluctuate, but if it does it would be a slow down fall.

Bitcoin is not bubble and bitcoin proved this thing in last twenty days those who didn’t believe in bitcoin in past they are also impressed now and investor community will keep on growing and one day bitcoin circle will be jam packed and those who still believe that it is a bubble and they are not in vesting into they will regret in future and bitcoin will keep on giving to the people and the time will come when whole world will be involved.

[Cr7go4]

December  2017 was astonish  for the people who did investment early and they get what they were waiting for...bitcoin is not a bubble and it proved it.. bitcoin have great future a head

[gundala]

A lot of people believe that bitcoins is just a bubble waiting for it's collapse, but the truth bitcoins is already backed up by a lot of investors, this makes bitcoins less like to fluctuate, but if it does it would be a slow down fall.

Bitcoin is not bubble and bitcoin proved this thing in last twenty days those who didn’t believe in bitcoin in past they are also impressed now and investor community will keep on growing and one day bitcoin circle will be jam packed and those who still believe that it is a bubble and they are not in vesting into they will regret in future and bitcoin will keep on giving to the people and the time will come when whole world will be involved.

yes many assume that bitcoin is bubble, and for those who believe it, the current price drop is burst. but despite the downturn, the price of bitcoin is still higher today many times compared to the beginning of the year.
decline and rise in bitcoin prices is reasonable. if it goes down, wait until the price bounces back. indeed the rise in bitcoin prices is currently very crazy. but the OP, although high bitcoin prices will not disrupt the stability of the bank.

[CryptoVzla]

but now , bitcoin like a roller coaster.
i agree with you , bitcoin price was increasing on this year.
and have a stable price at 15k usd , maybe will rise more next year ?
hope will more in next year , because i holding bitcoin for long time , maybe from october till now.
i want sell if i think i will got more profit.
btw , merry christmas everyone , 2-3 days again christmast is coming 

[muhammedb]

2017 has been the most successful for bitcoin since it come to existence, but the question is why is what bitcoin raise to this extents? Is it because the world is continue to know about this coin or is because of the large globalization of crypto-currency?