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RE: Oil Backed Cryptocurrency - Venezuelan President Issuing First 100 Million Petros
how do you think or your prediction about bitcoin price in 2018 whether it will be increasing or going down.
I just want to survey some people's opinions
Up. There are only 21 million bitcoins to share and lately people are getting the news: 1 bitcoin is worth over $15,000. Right now there are close to 17 million coins in use. So the more demand for the coin, the higher the price will go. It could go as high as $50-$100,000 this year. Although there is a big oposition and the competition is extraordinary. Ethereum is promising two forks to increase its value, so competition will be tough. Those high transaction fees is doing a big harm too. Miners are trying to retain them as much as possible too.