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globally distributed access. Whether it trades at 10,000, 5,000, or 500, its not going away. But even if it were to crash, its apparent that Bitcoin is here to stay. Blockchain.info, there are approximately 700,000 Bitcoin addresses as of November 2017.
While there will always be skeptics when it comes to bitcoin, the increasing interest by Wall Street in investing in bitcoin and other digital currencies is a sign that a new bitcoin price tag of 10,000 is within reach.
In an exclusive interview, Tim Draper, a multi-billion dollar investor, shares with Cointelegraph his insights on mainstream adoption.
Bitcoin and the digital.
Bitcoin to Hit 10,000 in 2017? Bitcoin has had an incredible run since the beginning of the year. This is creating a large input into the bitcoin currency and hence making it rise in value. While there is a lot of potential for the growth of the currency, there are other factors to be considered. Newcomers are still early adopters, in 2014, when Bitcoin hit its first real mainstream swing with Coinbase and other exchanges upping their user experience, people were already asking: Is it too late get into Bitcoin? When funds are pulled away from governments, they lack the power to do these things. Additional funds will come from family offices, wealthy individuals, and fellow hedge fund managers, according to Novogratz. According to financial technology analytics firm. Christopher Grey, COO of, caplinked, agrees with Yus statements, but is far less Bullish in the matter: Investors unfamiliar with crypto are piling new money into Bitcoin right now, making the situation highly unstable as investors expect the price of Bitcoin to keep going. These bullish signs have brought back the buzz for the digital currency, helping it get closer to the tipping point, the stage of the Rogers curve where the demand reaches a cascade. Most popular articles, why Bitcoin is Far Better than US Dollars. Bitcoin and Its Future, the bitcoin is a crypto currency and is used as a form of electronic cash.
Home News, bitcoin, news How did. Dec 1, Views Samara Malkin. Bitcoin broke 10,000 this week, in what seems like a skyrocketed advance from its 1,000 milestone at the beginning of the year.