Now it’s getting almost impossible to limit the growth of it's rate since bitcoin is just beginning to acquire its investment function. The potential for the transition of investment portfolios to bitcoin is huge and migration has just started. As a result, the profitability of mining will rapidly fall. Its falling phases are happening every two weeks. At the same time, with each new stage, the percentage of decline increases.
September 2017 became a very important month for the leading currencies, because it was this month that they demonstrated their effectiveness and resistance to financial shocks. Probably the most important event this month was the ban of ICO in China.
Bitcoin started the month at about USD 2,750. In the last week of August, it reached a mark of USD 4,900, and by the end of the month BTC finished at USD 4,725. This makes 58 percent in a 30-day period. Not a bad performance.
With what tools can an investor find out the price of the digital asset, if its intrinsic value is not known at the moment? Digital currencies are very volatile. And the question whether the value of this or other cryptocurrency will increase or not remains open.