Bitcoin prediction on reach at 5000$ #1

in #bitcoin7 years ago

This is pretty much possible. Bitcoin is already getting stable at 4000 USD. So not before long it could cross 5000 USD. Though we can’t predict by when that will happen, here are the reasons why I feel it will.

  • Inspite of all the news and hungama around bitcoin still there are a lot of people who have not even heard of bitcoin. Out of all those people who have heard of bitcoin only a few have invested in bitcoin or used bitcoin. Just imaging what happens when all these people start using bitcoin or start investing in bitcoin.

  • Not many stores have started accepting bitcoin. This news that 260,000 stores in Japan will start accepting bitcoins (and other similar news) led to bull run for Bitcoin. Just imagine what happens when businesses in countries like India and China (37% of world population) start accepting bitcoins.

  • Subway starts accepting Bitcoin. Imagine what happens when more popular stores like these start accepting Bitcoin.

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Definitely agree that its possible.

I've made some investment done, I'm actually counting on it :

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