{Aside from|Apart from|Besides|Other than|In addition to} the {longstanding|historical} {conflicts|disputes|problems} in the Bitcoin {community|neighborhood|area} {and|as well as|and also} the {recent|current} {upsurge|rise|upswing|boom} in the {capital|funding|resources} {outflow|discharge} to {other|various other} cryptocurrencies, do you {think|believe|assume} $2000 {seems|appears} {a sure|a certain} {range|variety|array} that could have been {reached|gotten to} {by now|now}?

1. Bitcoin Price Likely to Reach $2000 as More Serious
Investors Get Involved
teamsteverhyner.com /bitcoin-price-likely-to-reach-2000-as-more-serious-investors-get-involved/
Aside from the longstanding conflicts in the Bitcoin community and the recent upsurge in the capital outflow to other
cryptocurrencies, do you think $2000 seems a sure range that could have been reached by now?
Bitcoin’s eventful life
The price had almost closed in on $1,300 before the March 25 struggle
over the scalability issue which dropped the price to $908. This is quite
understandable as a factor to cause panic in the market and hinder the
flow of interest.
The price regained its strength in the most part of April when the “altcoin
bubble” was somewhat used frequently.
Now, even when some of the suggested factors that are likely to affect
the price in May are yet to come, the price hovers around $1,450. The
French election, India’s decision on digital currencies, a review of the
ETF decision by the SEC and we are not even sure of when the
standoff between some banks and digital currency exchanges would end. Three major exchanges Bitfinex, OKCoin
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2. and BTC-e have separately reported that they’ve been unable to process transactions in dollars. None of these is
certain to change anything in the price.
The bar is set
What is clear is that Bitcoin isn’t getting any cheaper. The side view it’s been getting from a section of the market,
particularly mainstream investors is gradually turning into a full glare.
Probably this is because they are getting to realize that there is no other technology like it or because some of them
have tried and had seen that it is really worth it.
With a meager $21 bln total market cap – or thereabout, the market potential for the digital currency which has been
seen as the main backbone for others tends to be unveiling its huge opportunities. More digital currency-linked
innovation are introduced day by day by shrewd minds who are bent on making its relevance known to our
existence. It is paying off though.
Gradually, its market is setting off to rise from the $20 bln cap for the next $20 bln where it would likely get more
serious investors involved. Yet, it is still appropriate to say that a lot of those who can afford a full unit of Bitcoin at its
current rate are still not into it.
On the other hand, not all of the several people in developing countries who are getting introduced to it can afford to
claim one. The interest Bitcoin has generated so far – the new all-time high set and the price rise over an ounce of
gold – in the mainstream media is a catalyst that would bridge some of the gaps in due time.
Re-posted from www.cointelegraph.com by Olusegun Ogundeji May 4, 2017
I’m enjoying the price ride of Bitcoin right now but always with a dose of reality that nothing goes straight
up. There will be corrections, profit taking and the like. In the meantime it’s fun to watch. Why not get
involved in Bitcoin mining? It’s easy and you can use some of the proceeds to purchase gold, silver or
other precious commodities. Click here to learn more or email me: steve@prplus.us.
Share this post and help spread the love!
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3. Steven L. Rhyner
Thank you for reading my posts! If you would like to connect, reach out to me on Facebook.
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