The town at least for now in the cryptocurrency world is, where exactly is Bitcoin going?
It's been a number of things that have happened over the last couple two weeks or so that has led a lot of people to start coming forward to talk about exactly where they think the future of Bitcoin is and it's actually all pretty optimistic.
Now, traders, financial professionals, investment players, commentators etc are releasing their sky-high Bitcoin price forecast with some saying massive changes will occur by December of this year.
Pantera Capital
We heard about them a couple of days ago, they are saying that Bitcoin will definitely be $20,000 by 2018.
Some still think bitcoin to be higher than that by December but this is if even we can match what we got to last time, that is perfectly fine.
Fundstrat Global Advisors
Fundstrat Global advisers think Bitcoin price would be $25,000 by December 2018.
Max Keiser
Max Keiser who actually hasn't been in the news as much before. He was very prominent in the cryptocurrency world about a year ago. I guess he's may be slowed down a bit kind of backed away. He says that he believes that Bitcoin will be $28,000 sometimes this year and he says that because of the little market jump that we had over the last couple of days that this is actually in play right now that this is currently happening and it's going to happen very very soon.
Allistair Milne
Allistair Milne believes that ***Bitcoin would be $35,000 to $60,000 by 2020.
This I think is the most unbelievable for many of us, I think with the amount of money that we're expecting to come into the market and even because we hit $20,000 in one year after Bitcoin was I think around $900 at the beginning of 2017.
This seems like the most conservative number that we'll probably see for a very very long time.
Anthony Pompliano
Anthony Pompliano says $50,000 per Bitcoin by December 2018. This is more what some are leaning towards.
Some of the other ones seem kind of out there which I'll get to in, but this seems to be the most believable especially because of how far we've pulled back. I think, realistically a ten times increase from the $6,000 that we had before, is probably the most likely of what we will see this time in cryptocurrencies.
John Pfeffer
According to John Pfeffer, who is the London-based investor claimed that the price of Bitcoin presented $75,000 was realistic for this year.
Kay Van-Petersen
Kay Van-Peterson says, the price of Bitcoin will be $100,000 by the end of this year.
Keep in mind, these are a lot of people who know other rich people and I assume that they know a little bit more than we do, especially if they've been talking to the right people.
Tim Draper & Brian Kelly
Tim Draper and Brian Kelly talking about quarter of a million dollars per Bitcoin by 2022, which is absolutely insane because just a couple of years ago, Bitcoin was only a penny so I believe we're all kicking ourselves for hearing this amount.
John McAfee
John McAfee has predicted the price of Bitcoin to be 01 Millin Dollars by December 2020.
If you look around his first prediction was that by 2020, Bitcoin will be half a million dollars. He apparently did some calculations came back and said no he believes it's a million.
I don't know know how is that going to be possible, he actually believes that FIAT currencies will completely start to crumble sometime this year and or next year and it will lead to this digital revolution where a large fraction of the world will actually start using Bitcoin as a reserve currency.
With Credits: http://bitcoinist.com
Only time will tell what is going on with Bitcoin.
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