Fantastic, the price of Bitcoin in 2018 will increase to USD 50 thousand

News24xx.com - Bitcoin's significant price spike throughout 2017 is predicted to be unstoppable in next year. It is estimated will reach IDR 814 million.


The year 2017 seems to be the period of proof for Bitcoin as the most calculated cryptocurrency. One climax occurs when the digital currency recorded the highest record with a value of USD 19,796 (IDR 268 million) on December 17th, last.


Experts also predict that with these achievements, Bitcoin has the potential to record a much higher value next year.

"Bitcoin can reach USD 60 thousand (IDR 814 million) in December 2018," said Mike Dumont, Senior Editor of Bitcoin.com, as quoted from Futurism on Sunday, December 21 2017.


The same thing was also expressed by Mohammad Tayeb as CEO of Medicalchain, a platform provider of medical services based on blockchain.


"Bitcoin can touch USD 50 thousand in next year, even more, I think fewer people will be surprised by the news about Bitcoin's surge," he said.

Longer-term predictions are made by Jeremy Epstein, CEO of Never Stop Marketing, start-up Blockchain-based marketing firm.

"With this year's record, I would not be surprised if Bitcoin could hitUSD  250,000 or more in five years, yet there is still a 50:50 chance of a big success or a total failure",  Epstein explained.

It cannot be denied, the growth of Bitcoin value in 2017 is arguably fantastic.

However, the criticism of this cryptocurrency is analogous to 'bubbles' (because it continues to fly high but can 'erupt' anytime) is still quite attached to the digital currency.

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