Will Bitcoin continue to rise?

[hcoin01]

Everyone wants the price of bitcoin to rise constantly. But it's not that easy. Prices sometimes fall, sometimes rise. I need to read the charts well.
You need to pay attention to the prices at MarketCap. The amount of money entering and leaving the market is seriously affecting the prices.

[Kunal666456]

There is absolutely no doubt that bitcoin will always grow.

[$$$sparkles$$$]

The Bitcoin is reaching $10,000 again.

Personally, I think cryptos will be the future, even some countries already banned them, like China and South Korea.

Recently, an news shaped my eyes again, it said that the investment banking powerhouse Goldman Sachs will start trading Bitcoin futures using its own money.
Bitcoin (BTC.X): will this rally sustain?

Do you think bitcoin will continue to increase?

It definitely will since Bitcoin's supply is getting smaller everyday. When people keeps on buying and supply gets smaller, then value and price will increase. That is how the principle of demand and supply works. Also, more and more big names are engaging in Bitcoin. So Bitcoin's popularity increases and image becomes more credible.

[stely41]

The Bitcoin is reaching $10,000 again.

Personally, I think cryptos will be the future, even some countries already banned them, like China and South Korea.

Recently, an news shaped my eyes again, it said that the investment banking powerhouse Goldman Sachs will start trading Bitcoin futures using its own money.
Bitcoin (BTC.X): will this rally sustain?

Do you think bitcoin will continue to increase?

It definitely will since Bitcoin's supply is getting smaller everyday. When people keeps on buying and supply gets smaller, then value and price will increase. That is how the principle of demand and supply works. Also, more and more big names are engaging in Bitcoin. So Bitcoin's popularity increases and image becomes more credible.

The more Bitcoin works its way into the consciousness of the population, the better for the long term. In fact, it is already nearing integration into retail outlets. In this way, the answer to the question of whether Bitcoin prices will continue to rise can only be “most likely”.

[nellakarisma]

The Bitcoin is reaching $10,000 again.

Personally, I think cryptos will be the future, even some countries already banned them, like China and South Korea.

Recently, an news shaped my eyes again, it said that the investment banking powerhouse Goldman Sachs will start trading Bitcoin futures using its own money.
Bitcoin (BTC.X): will this rally sustain?

Do you think bitcoin will continue to increase?
[/quote

if I think bitcoin will continue to increase gan. there have been some news / issues that could make the world crypto even the bitcoiners to be a little panicked with a declining price. but the result is because of the number of investors and Setu after one country has joined the world of crypto.
maybe now is the answer if the crypto world will continue to improve both its price and its devotees .

[bitcoinbot]

I think so, because I think that 2018 will be one of the most important bitches in the history! This year, large investors will enter the market, which will raise the price of bitcoin quite sharply, and until then the price will rise and fall!

[alexsandria]

There is absolutely no doubt that bitcoin will always grow.

Definitely Bitcoin will continue to rise especially a lot of people are becoming users and investors of it as well for they know that they could really earn a higher profit from bitcoin.

[senarathne225]

Bitcoin was created in early 2009. Since then, we’ve seen its price increase from Bitcoins to the cent (circa March 2010), all the way up to $8,700+. One of the stories that illustrate this growth best is that of two pizzas, which were bought for 10,000 Bitcoins, on May 22, 2010, by a Florida developer by the name of Laszlo Hanyecz. Those 10,000 Bitcoins (at $8,700 per bitcoin) would be worth over 87 million US dollars today, pitted against the $40 or so they were worth then.

Is there any limit to this growth, and if so, where? While nobody knows for sure, there are plenty of anti-Bitcoiners who see the market as a bubble, ready to pop and have Bitcoin’s price fizzle back to mere cents, and plenty of pro-Bitcoiners, or Bitcoin evangelists, who see little hinderance in Bitcoin growing up to 200 times its current price. Here are seven of those Bitcoin evangelists, and what they think Bitcoin will go on to be worth.

Wences Casares – $1,000,000 (by 2027)
Wences Casares is an Argentinian technology entrepreneur living in the US. He is the founder and CEO of Xapo, a Bitcoin wallet startup, and a board member at PayPal, among various other roles. Casares says he first found interest in Bitcoin because of high financial volatility in Argentina’s native currency, the Peso. The tech giant bought his first Bitcoins in 2011.

Casares believes that Bitcoin will hit $1 million sometime before 2027, speaking at the Consensus 2017 conference in New York. Even better, he believes that Bitcoin could hit one million dollars in as few as 5 years, saying on May 23, 2017, that the milestone will be reached “in 5-10 years”.

Chamath Palihapitiya – $1,000,000 (by 2037)
Chamath Palihapitiya, the founder of Social Capital and co-owner of the Golden State Warriors, started investing in Bitcoin in 2012. In 2013, he mentioned that he owns Bitcoin in his hedge fund, general fund, private account, and at one point he owned 5% of all Bitcoin in circulation.

Palihapitiya has predicted Bitcoin price will reach $100,000 in the next 3-4 years and in the next 20 years, it will be worth $1 million. He explained his prediction as based on the evaluation of Bitcoin as a store of value just like gold.

He said, “This thing has the potential to be comparable to the value of gold…This is a fantastic hedge and store of value against autocratic regimes and banking infrastructure that we know is corrosive to how the world needs to work properly”

John Pfeffer – $700,000 (no date)
John Pfeffer, a partner at his London-based family office Pfeffer Capital, is not only betting on Bitcoin, but giving it a bold price target of $700,000—about 75 times the current Bitcoin price of nearly $9,500. Pfeffer said that Bitcoin is the first viable candidate to replace gold the world has ever seen.

His math works like this: First, he assumes that Bitcoin can logically replace all of the gold bullion currently held by private investors—in other words, the gold bars that people keep in a safe-deposit box or bury in their backyard, simply as a way to park their money in something more dependable than paper. “Bitcoin is vastly easier to store and secure,” Pfeffer said.

As per Pfeffer, the current value of all privately held gold bullion is about $1.6 trillion.  Assuming there will be 18 million Bitcoins in circulation by the time the cryptocurrency fully replaces gold bullion, the implied value of a Bitcoin would then be $90,000. This is Pfeffer’s most conservative scenario, which he gives 8% odds of coming to fruition. Pfeffer has even higher hopes for Bitcoin — that it could eventually be to central banks what traditional foreign reserve currencies are today.

John McAfee – $500,000 (by 2020)
John McAfee is the founder of McAfee Associates which launched first commercial antivirus software in the late 1980s. He recently founded MGT Capital, a company that mines various cryptocurrencies in and outside the United States. John got involved with Bitcoin because according to him it will eventually become ‘the standard for the world.’

McAfee recently made waves in the cryptocurrency world after claiming that each unit of Bitcoin would be worth half a million dollars by 2020. He did not stop there. He went on to predict that Bitcoin could even reach as much as $2.6 million in the same time frame. There is no way of knowing whether McAfee did this to get attention or if he actually means it. Only time will tell.

Jeremy Liew – $500,000 (by 2030)
Jeremy Liew is a partner at Lightspeed Venture Partners, famed as the first investor in the social media app Snapchat. Liew’s other investments include the multimedia company Beme, the listing service VarageSale, and the hardware wallet LedgerX. His net worth is estimated at north of $2 billion.

In an exchange with Business Insider, Liew said that the Bitcoin price can “realistically” reach $500,000 by 2030. Liew’s prediction was backed by Peter Smith, the CEO, and co-founder of Blockchain — the world’s most popular Bitcoin wallet. The estimate was made on May 4, 2017.

Mark Yusko – $400,000 (no date)
Mark Yusko, the billionaire investor and founder of Morgan Creek Capital defended his prediction that Bitcoin will be worth $400,000 in the long term. Yusko’s now-famous prediction made headlines because of its grandiose scale.

“It’s just math. It is gold equivalent…there are about 20 mln Bitcoin available today. Gold today is about $8 tln. That gives you $400,000. And that doesn’t include use cases that relate to currency.” Yusko said.

He also pointed out that the asset is striking fear into the hearts of bankers precisely because Bitcoin eliminates the need for banks. When transactions are verified on a Blockchain, banks become obsolete.

Roger Ver – $250,000 (no date)
Roger Ver is an early investor in Bitcoin and its related startups. Born in the US and now with citizenship in Saint Kitts and Nevis, Ver started his business career with a computer parts business, MemoryDealers.com. By early 2011, Ver had begun investing in Bitcoin, now with a portfolio including startups like Bitinstant, Ripple, Blockchain, Bitpay, and Kraken. He is sometimes nicknamed the “Bitcoin Jesus”.

In an interview Jeff Berwick, for The Dollar Vigilante blog, Roger Ver said in October 2015 that Bitcoin “could very easily be worth $2,500, or $25,000 per Bitcoin, or even $250,000 per Bitcoin”. Ver’s estimate is based on the principles of supply and demand, which he believes creates great potential for Bitcoin as a store of value.

Kay Van-Petersen – $100,000 (by 2027)
Kay Van-Petersen is an analyst at Saxo Bank, a Danish investment bank which specializes in online trading and investment. Based out of Singapore and with an MSc in Applied Economics & Finance from Copenhagen Business School, Van-Petersen is an active Twitter user with no fear of speculating on tough topics like the prices of cryptocurrencies.

Van-Petersen believes that Bitcoin will rise to $100,000 per unit by 2027, according to a feature by CNBC news published on May 31, 2017. As the man who successfully predicted Bitcoin’s flow up to $2,000 by 2017, Kay Van-Petersen’s most recent estimate, perhaps a little optimistic, suggests that Bitcoin would then account for 10% of the volume in the foreign exchange market.

Tom Lee – $91,000 (by 2020)
Tom Lee, co-founder of the market strategy firm Fundstrat Global Advisors and a well-known bitcoin bull, sees bitcoin’s price “easily double” in 2018. Lee initially set his bitcoin price target for $11,500 for mid-2018, and then increased it to $20,000 as the cryptocurrency’s intrinsic value had increased over the last few months due to the growth of new bitcoin wallets, according to him.

Tom Lee recently went a bit further stating that Bitcoin’s price will reach $91,000 by March 2020, basing his prediction on a chart that shows Bitcoin’s (BTC) performances after past market dips. Lee and Fundstrat used an average of the percentage gained in price after each dip to arrive at the 2020 figure.

[karloscimot]

I am sure that bitcoin prices will continue to increase.
the first reason: after bitcoin has dropped very sharp prices it is unlikely to fall again there will certainly be a rise.
enthusiasts and investment in bitcoin the number is growing. in a matter of 4 months only. many countries are glancing at bitcoin even some of them have joined the bitcoin world .

[Steadfast20]

Yes bitcoin is on fire right now and reaching the $10,000 mark but does it continue to rise? Nobody knows because nobody can predict the market. We know that market is unpredictable always. One thing is for sure for me, lets just buy bitcoin for our future .

My prediction is bitcoin will continue to rise but it will take some corrections before it reach again its ATH.

[olatslodi]

Yes Bitcoin will continue to rise at the market, the rise of bitcoin is not yet over. The supply is very limited so that the bitcoin price from year to year increase the price. No doubt about it that bitcoin will rise so high because bitcoin is the king of cryptocurrency and many of us are believing and trusting bitcoin.

[Ngewex Yuk]

Bitcoin was created in early 2009. Since then, we’ve seen its price increase from Bitcoins to the cent (circa March 2010), all the way up to $8,700+. One of the stories that illustrate this growth best is that of two pizzas, which were bought for 10,000 Bitcoins, on May 22, 2010, by a Florida developer by the name of Laszlo Hanyecz. Those 10,000 Bitcoins (at $8,700 per bitcoin) would be worth over 87 million US dollars today, pitted against the $40 or so they were worth then.

Is there any limit to this growth, and if so, where? While nobody knows for sure, there are plenty of anti-Bitcoiners who see the market as a bubble, ready to pop and have Bitcoin’s price fizzle back to mere cents, and plenty of pro-Bitcoiners, or Bitcoin evangelists, who see little hinderance in Bitcoin growing up to 200 times its current price. Here are seven of those Bitcoin evangelists, and what they think Bitcoin will go on to be worth.

Wences Casares – $1,000,000 (by 2027)
Wences Casares is an Argentinian technology entrepreneur living in the US. He is the founder and CEO of Xapo, a Bitcoin wallet startup, and a board member at PayPal, among various other roles. Casares says he first found interest in Bitcoin because of high financial volatility in Argentina’s native currency, the Peso. The tech giant bought his first Bitcoins in 2011.

Casares believes that Bitcoin will hit $1 million sometime before 2027, speaking at the Consensus 2017 conference in New York. Even better, he believes that Bitcoin could hit one million dollars in as few as 5 years, saying on May 23, 2017, that the milestone will be reached “in 5-10 years”.

Chamath Palihapitiya – $1,000,000 (by 2037)
Chamath Palihapitiya, the founder of Social Capital and co-owner of the Golden State Warriors, started investing in Bitcoin in 2012. In 2013, he mentioned that he owns Bitcoin in his hedge fund, general fund, private account, and at one point he owned 5% of all Bitcoin in circulation.

Palihapitiya has predicted Bitcoin price will reach $100,000 in the next 3-4 years and in the next 20 years, it will be worth $1 million. He explained his prediction as based on the evaluation of Bitcoin as a store of value just like gold.

He said, “This thing has the potential to be comparable to the value of gold…This is a fantastic hedge and store of value against autocratic regimes and banking infrastructure that we know is corrosive to how the world needs to work properly”

John Pfeffer – $700,000 (no date)
John Pfeffer, a partner at his London-based family office Pfeffer Capital, is not only betting on Bitcoin, but giving it a bold price target of $700,000—about 75 times the current Bitcoin price of nearly $9,500. Pfeffer said that Bitcoin is the first viable candidate to replace gold the world has ever seen.

His math works like this: First, he assumes that Bitcoin can logically replace all of the gold bullion currently held by private investors—in other words, the gold bars that people keep in a safe-deposit box or bury in their backyard, simply as a way to park their money in something more dependable than paper. “Bitcoin is vastly easier to store and secure,” Pfeffer said.

As per Pfeffer, the current value of all privately held gold bullion is about $1.6 trillion.  Assuming there will be 18 million Bitcoins in circulation by the time the cryptocurrency fully replaces gold bullion, the implied value of a Bitcoin would then be $90,000. This is Pfeffer’s most conservative scenario, which he gives 8% odds of coming to fruition. Pfeffer has even higher hopes for Bitcoin — that it could eventually be to central banks what traditional foreign reserve currencies are today.

John McAfee – $500,000 (by 2020)
John McAfee is the founder of McAfee Associates which launched first commercial antivirus software in the late 1980s. He recently founded MGT Capital, a company that mines various cryptocurrencies in and outside the United States. John got involved with Bitcoin because according to him it will eventually become ‘the standard for the world.’

McAfee recently made waves in the cryptocurrency world after claiming that each unit of Bitcoin would be worth half a million dollars by 2020. He did not stop there. He went on to predict that Bitcoin could even reach as much as $2.6 million in the same time frame. There is no way of knowing whether McAfee did this to get attention or if he actually means it. Only time will tell.

Jeremy Liew – $500,000 (by 2030)
Jeremy Liew is a partner at Lightspeed Venture Partners, famed as the first investor in the social media app Snapchat. Liew’s other investments include the multimedia company Beme, the listing service VarageSale, and the hardware wallet LedgerX. His net worth is estimated at north of $2 billion.

In an exchange with Business Insider, Liew said that the Bitcoin price can “realistically” reach $500,000 by 2030. Liew’s prediction was backed by Peter Smith, the CEO, and co-founder of Blockchain — the world’s most popular Bitcoin wallet. The estimate was made on May 4, 2017.

Mark Yusko – $400,000 (no date)
Mark Yusko, the billionaire investor and founder of Morgan Creek Capital defended his prediction that Bitcoin will be worth $400,000 in the long term. Yusko’s now-famous prediction made headlines because of its grandiose scale.

“It’s just math. It is gold equivalent…there are about 20 mln Bitcoin available today. Gold today is about $8 tln. That gives you $400,000. And that doesn’t include use cases that relate to currency.” Yusko said.

He also pointed out that the asset is striking fear into the hearts of bankers precisely because Bitcoin eliminates the need for banks. When transactions are verified on a Blockchain, banks become obsolete.

Roger Ver – $250,000 (no date)
Roger Ver is an early investor in Bitcoin and its related startups. Born in the US and now with citizenship in Saint Kitts and Nevis, Ver started his business career with a computer parts business, MemoryDealers.com. By early 2011, Ver had begun investing in Bitcoin, now with a portfolio including startups like Bitinstant, Ripple, Blockchain, Bitpay, and Kraken. He is sometimes nicknamed the “Bitcoin Jesus”.

In an interview Jeff Berwick, for The Dollar Vigilante blog, Roger Ver said in October 2015 that Bitcoin “could very easily be worth $2,500, or $25,000 per Bitcoin, or even $250,000 per Bitcoin”. Ver’s estimate is based on the principles of supply and demand, which he believes creates great potential for Bitcoin as a store of value.

Kay Van-Petersen – $100,000 (by 2027)
Kay Van-Petersen is an analyst at Saxo Bank, a Danish investment bank which specializes in online trading and investment. Based out of Singapore and with an MSc in Applied Economics & Finance from Copenhagen Business School, Van-Petersen is an active Twitter user with no fear of speculating on tough topics like the prices of cryptocurrencies.

Van-Petersen believes that Bitcoin will rise to $100,000 per unit by 2027, according to a feature by CNBC news published on May 31, 2017. As the man who successfully predicted Bitcoin’s flow up to $2,000 by 2017, Kay Van-Petersen’s most recent estimate, perhaps a little optimistic, suggests that Bitcoin would then account for 10% of the volume in the foreign exchange market.

Tom Lee – $91,000 (by 2020)
Tom Lee, co-founder of the market strategy firm Fundstrat Global Advisors and a well-known bitcoin bull, sees bitcoin’s price “easily double” in 2018. Lee initially set his bitcoin price target for $11,500 for mid-2018, and then increased it to $20,000 as the cryptocurrency’s intrinsic value had increased over the last few months due to the growth of new bitcoin wallets, according to him.

Tom Lee recently went a bit further stating that Bitcoin’s price will reach $91,000 by March 2020, basing his prediction on a chart that shows Bitcoin’s (BTC) performances after past market dips. Lee and Fundstrat used an average of the percentage gained in price after each dip to arrive at the 2020 figure.

Writing and analysis is very complete and reasonable, I really hope that the price of bitcoin according to John McAfee's analysis - $ 500,000 (by 2020) and hopefully this can happen, but certainly with the record that this year's price could reach $ 50,000.

[Pakwan12]

Maybe  yes we did not know the what happen in the market,hoping this month the price of bitcoin is going high.

[pekavcilar01]

Anyone who invests in Bitcoin wants to raise bitcoin prices. Bitcoin price dropped from 20k to its current price. Anyone who bought a bitcoin from a high price wants to save his money. Everyone who gets bitcoin at a low price wants to make money.
The price of bitcoin will continue to rise. There's a drop in the line, but it usually shows the charts going up.

[Markmolotok1488]

Yes, I believe bitcoin will continue to rise, currently the bitcoin price will vary from $ 9.5K to $ 9.8K. However, I anticipate that bitcoin will reach over $ 10,000 over a few days, and use bitcoin better to get a lot of profit.

Of course, I totally agree. I think that the price will very soon exceed the limit of 10 thousand dollars and will continue to grow!

[CoinboyBebop]

I think we are not close to the highest point which bitcoin can reach. ANd yes i think in future the next five to ten years, bitcoin will growth more and more. But like everything on this planet, it will be have an end sometimes. But i think bitcoin has the potential to be something like the digital gold. So it could reach one million in ten years, and i thinks thats realistic. But in the meantime there will be a lot of "crashes" which i call corrections. Because thats normal. So the end of bitcoin will not come nearby!

[Farhan786]

The Bitcoin is reaching $10,000 again.

Personally, I think cryptos will be the future, even some countries already banned them, like China and South Korea.

Recently, an news shaped my eyes again, it said that the investment banking powerhouse Goldman Sachs will start trading Bitcoin futures using its own money.
Bitcoin (BTC.X): will this rally sustain?

Do you think bitcoin will continue to increase?

Why not? I believe that the bitcoin price has been increasing and Bitcoin prices will go to the highest level in the next few months.

[sumanto]

of course bitcoin will still be able to increase prices because of the very limited supply of bitcoin and have a very high demand to make bitcoin prices always go up and not only that some countries have also started receiving payments using bitcoin so as to make bitcoin be useful and will make the price bitcoin ride.

[Akorharrison]

bitcoin continues to rise as long there are other countries trading bitcoin, one two to country can't stop the growth of btc or banned btc entirely.

[arturagacinsk]

Until the end of spring bitcoin will grow. What will be unknown in the summer, at this time he always fell in price