New Poll Suggests That Bitcoin Will Close the Year at Less Than $500

A new poll by CoinDesk reveals that 62% of bitcoin enthusiasts believe that the currency will close out the year valued at less than $500.
According to the article on CoinDesk:

The survey results show 1,682 of the 2,702 respondents predicted the price of bitcoin would end the year between $0 and $499.

The price predicted by the greatest number of respondents was $400, with 281 (10.4%) of people guessing this value. This was followed by $500 and $350, with 277 and 232 votes, respectively.
Of the respondents, 47 thought the price would fall to between $0 and $100 at the end of the year.
A total of 309 people predicted the price would drop below bitcoin’s current value (at press time) of $279 at the end of the year. However, 2,393 felt the price would be higher than $279 on 31st December.
 
Click here to read the full article on CoinDesk.