RE: Bitcoin: No need to panic. Price is where it should be on the “S” curve. $100’000 in 2018 still expected.
if bitcoin does the same performance of 2017 it will reach $ 250,000 in 2018 and $ 4000000 in 2019
compute
let's take 1000 dollars December 2016
$ 16,000 December 2017 be 1600%
December 2018 $ 16,000 + 1600% gives a price of $ 256,000
December 2019 $ 256,000 + 1600% gives a price of $ 4,096,000
the current production of bitcoin and the current adoption of bitcoin in 2017 is 1% bitcoin produced against 16% who adopts
the bitcoin will stabilize when a satochi will reach 10 dollars it will become stable like gold
then a bitcoin will cost $ 1,000,000,000 and the satochi will be used for transactions
as well as the lite-corner and the doge-corner that will make the conversions
bitcoin is not a bubble nor a ponzi pyramid
because to buy bitcoin you have to have someone there who will be selling
and there is a production limit
the problem of bitcoin is that in 5 to 10 years the bitcoin will cost too much