Bitcoin Forum

Do you really think that btc will be thousand dollar again in 2015 ? Or on which crypto , you rely on ? or on which crypto, you have some dreams ?

Yes... it will touch $1,000 mark... but not in 2015. May be in 2016... or more possibly, in 2017.

Right now the prices are being stabilized at $250-300 levels. If the demand increases two-fold (which is possible within 12-18 months)... then we will touch $1,000 for the first time (in 2013, it was mostly due to rigging by Mt Gox, so I am not considering it).

Maybe next year, may not forever.

Who knows, even Microsoft accepted btc, it was only a little rebounce. And after that it went down to lowest 150 USD.  >:(

So it means btc price is determined by pumpers and dumpers, but not good news or other things.

Don't think too far ahead, son.

Think about reality. Right now the task is to get over the $300 mark.

I would say not for a few years

i don't think it is going to reach the $1000 anytime soon or at least not in this period. i believe it is going to go up but will stop rising before 1K and then falls down again. but it is possible to go past 1k after that.

How do you know?

Move thread to speculation.

It is possible for 14-16 months. For 1 year, 4 months, 6 days, 9 hours and 10 minutes will be halving Bitcoin awards from 25 to 12.5 BTC (per block) and from 3600 to 1800 (day).

I am confident we will see a new all time high. This year? possibly. Within 10 years? for sure  ;)

$1,000 is just a minor target on the way to much higher levels.
The next big rally goes to at least $2,800 and maybe $4,750  :)

agreed with you 1k is not a big target to reach i think in this year near Christmas we will see price will touch this level again,
next tar get will be go to more higher levels like 2k, 3k an so on.

and why?

i'm more inclined to say yes, and in a few months, near the halving of before that, but not after

hell it could even happen this year

It´s possible but not with the anemic volume we´ve seen for over a year. For it to attract any real money it must trade on exchanges that are trustworthy, insured and taken seriously.

It won't touch even 800$ in the short term, look at what we have, we can't even stay stable at 300$ now. We need big event to push price up, for example, financial crisis, substantial development.

We have to admit the development velocity of Bitcoin is slower than what we expected. So a depressing prices right now is reasonable.

I have given the reason in my post.

The growth in Bitcoiners during 2014 was around 2x. Assume the same for 2015 and 2016.

Currently , you need $1m daily "support" for the miners that constantly dump they coins to pay for bills, that is no pocket money but it's not a huge amount either.. it can go up faster then it comes down in my view..

Nope, I now have a negative view about Bitcoin price in nearly furture. The situation happend at the end of 2013, we are unable to make it happen again. Bitcoin have rarely developed in last few years, whether it touches $k again depends on the furture development.  

Yeah, a million dollars is certainly pocket lint in financial markets. But bitcoin has no volume to speak of. In average 24hrs it turns over in dollar terms like 1/100 of that of Facebook stock in a six and one half hour session. To name an example. The currency market then turns over five trillion dollars in a day.

I don't know why people get so giddy over high Bitcoin prices, I'm convinced that if it ever does reach those sorts of levels again, especially the $10,000 die hards are expecting it's going to be due to hyperinflation, in which case, I won't be selling my coins I'll be using them as currency.

There are still people out there who don't realise that high prices aren't necessarily a good thing and think that dumping their coins for valueless paper is going to get them somewhere in life.

Yep. I completely agree with you.

Bitcoin prices skyrocketing might not necessarily be a good thing, it can mean a bubble/relative price instability, or an extreme fiat hyperinflation happening. I would rather use bitcoins as a store of value, rather than an almost "HYIP" like investment.

If it does not encounter any technical issues, then surely will reach the $k range within the next years...

That is exactly why I lost my faith in bitcoin. Price of bitcoin is dictated by early adopters, already rich people who just bought shitton of bitcoin for fun really or other whales. Simple bitcoin users have nothing to say about that and are swimming along. Great news about bitcoin are being ignored and people tend to panic over nothing and sell like crazy sometimes (see beginning of 2015). That is why bitcoin won't reach $1000 anytime soon.

Sure, the price will touch $k again in the future and definitely will stable above $1K.
The reason is there are still only a million people who adopt bitcoin at now, about 0.05% of the total people in the planet. The potential is huge.
 

i guess it will at some point. but when it happens again i hope it will last longer than previous time.
if it goes up in a stable manner then we might even see a new ath.

It will. Myabe not in the next 2-3 years, but it will.
Why? Because mining is too expensive and at some point the miners will just hold until the price rises and stays stable at a number where mining is still profitable.
Miners have quite a monopoly on the price and, sooner or later they will understand that and will act accordingly.

I say that anything is possible, why stop at at $1,000?

Currently, the price is floating in the $200 - $300 range and has been there for a few months now.
As a result, it would be safe to assume that this trend will continue for a while longer.
So in my opinion, it won't be getting to $1,000 anytime soon.

I do think that in a few years, the price will get that high again.

Yup. Only a few hundred people are in the driving seat at the moment. I'll guess that the rest of the 'traders' don't have experience in other markets and will play into their hands every single time.

Bitcoin needs many more real users and better exchanges to attract a scarier class of whale. It's a possibility it'll be wrung dry if it can't get past this phase.

There's every chance and possibility that it will happen, provided nothing bad happens to the network or any loss of reputation due to scams whatever, and at its current growth rate in terms of adoption and development of infrastructure, i would say we are on track. The question that remains to be answered is "when" it will happen. That's something everyone wants to know answer for.

If it does, it does. If it doesn't, then it doesn't.

No one can answer this. Whales are playing and forcing less experienced traders to sell or buy.

Unless there are professional traders from the level wallstreet who bring in billions, then I definitely can see Bitcoin reaching a few $K.

Ofcourse it wont, not this year anyways, but if we remain over 200-250$ for a period longer than ~6months, that would give us a nice backend for progress forward to >1000 again,
and same like everyone else, im pretty sure that will happen by next year's end.
All we need now is for bitcoin to be as legal as it can be, let them regulate it, let them fight our fight, and when the halving comes, it will trigger a cascade reaction, possibly even above 1k usd.

cheers

nope, never ever! it's definitely only going to fall further and further unless reaching 30$ or  something. and thats when it becomes word wide, accepted everywhere and truly useful

So a currency accepted across the internet and the entire globe by billions of people, has a market cap of a few hundred million dollars?

I can see some economic hiccups brewing in that scenario.

$1000 per coin will be made this ore next year, that includes this time a whole new glorious media frenzy.

It's comming fore sure.


https://i.imgur.com/UWxKVDf.jpg?1

that is the main problem so far. Both Bitcoin bubbles were purely driven by speculation, and until there are strong fundamental developments, nothing sure can be said.
We may as well have third speculation bubble, or we may see price dropping to the double digit area. Why not?
Both quite possible, if speculation is the only driver.

it is only the matter of time, maximum within 2 years.

If we see some serious fundamental developments, yes. If not, then we as well may not see $1000 per Bitcoin ever.

Just wait for the Vertical adoption phase.   Here's a vid why the price is normal.

https://www.youtube.com/watch?v=qHUPPYzzZrI

I think people expect too much from the block halving.

If you read threads and posts from people, they think it will go to + $1K directly, etc.

That's just nonsense. Only because there is 50% less supply people expect the price to rise 400% ? Doesn't make sense.

Sure it will rise because there is less supply, but the rise will start probably 6 months before the actual halving takes place.

And at the day the block halving really starts, the price is already there where it must be. From there price will go down or either react on other news.

Absolutely.

The real worry is satoshi being not small enough  ;D

Then we surpassed the moon and are heading for mars! :D

Of course it is non-sense, but that is how speculation works. The power of speculating and greed make any number seem plausible. Unfortunately.

Mintcoin. MINT.

This coin will do well IMO.

yes, but it will be unexpected.

first these kind of threads must disappear.

I'm sure it will hit $1k again, but not for quite a while yet. The 1.2kBTC was artifcially inflated by the crooks at Mtgox.

It'll get there with natural growth, but dont expect this to happen overnight like before, it won't.

If we can get past this constant stream of bad news and the second market or winkelvoss fund shows up then I see no reason we can't go back to $1k

well there is no guarantee assurance of that 12-16 mos and i agree with you the bitcoin get rich is over..

In 2 or 3 years, BTC will touch $1200 or higher as long as there is more adoption and more infrastructure building.