Kim Dotcom Predicts a US$2000 Bitcoin Price By 2017

The upcoming Bitcache service by Kim Dotcom is cause of great speculation these days. Merging Bitcoin with the MegaUpload file sharing service is a great way to push cryptocurrency adoption. But Dotcom is also a fan of Bitcoin itself and foresees a value of US$2,000 per coin by 2017. A bold statement, but it is not entirely impossible either.

Bitcoin Is Poised To Break Out At Some Point

Kim Dotcom is not the first to see a spectacular Bitcoin price increase in the coming months. Nearly every cryptocurrency enthusiasts have been waiting for such an event to happen, even though it has not materialized just yet. Then again, a price increase to US$2,000 is not all that spectacular compared to the current value.

Whether or not that value will be achieved at some point in 2017, is anybody’s guess right now. Keeping in mind how his new Bitcache platform will launch early next year, it could have a major impact on the BTC value over time. If his service can make Bitcoin go mainstream, there is no telling how the price may respond.

Some people feel the price per Bitcoin will be even higher than US$2,000 by 2017, albeit that is

Read more ... source: TheBitcoinNews