As I did so many research both personally and by my team most of it says that BitCoin rate will hit $5k by December '17 but some says no and some says higher than $5k. Now I want to know the truth. Share your answer so that we can invest on BitCoin or some other coin like Google's LiteCoin, Ripple etc... Thanks in advance.
Don't think so.
I cannot see what fundamentals would be pushing Bitcoin up further. Little bit like Dutch tulip mania in 1700 century.
Furthermore external money starts to dry out as central banks raise interest rates. Same time drying money supply will hit US tec stocks like NVDA, TSLA, FB, AMD and to lesser extend GOOG & AAPL. I think we are starting to seeing it in Nasdaq bit already.
I got rid of my Bitcoins just above 3K anyway...