Bitcoin Forum

If yes, when?

someone pull this thread back up in 2020 for a good laugh.

no one know when, we presume with the next block halving, but it could be early or after that, or never...many newbies will not ever buy at current price, let alone at higher price

I don't think so!
But i hope so

When I first happened upon Bitcoin I was immediately hooked, and tried to sell the idea to anyone who would listen.  I didn't have much success so I shut up about it.  When the GOX climb began they got interested and wanted in at any price.  Two of them came to see me clutching FIAT in their hands, all but begging me to get in on the deal (this was near ATH).

Sometimes if something is given freely it has no value, but when the price goes up they take it more seriously.

I don't get if you are implying price will be 1,000,000 or 0

Neither. It'll probably be something like $56,342.54

I don't think.

I think it will. If it does I can buy a house finally

I don't think it's gonna happen in this and next year.. The chart is scary right now, maybe because of ponzi trends?
But I think it's right time to buy, I think..

I think that it will go up higher than that eventually if it catches on. If it catches on after the block halving the price will be higher because miners will need to raise the price to stay profitable. I think that in the future the bitcoin price is going to be highly related to the cost of electricity that will be required to mine them because it is the only thing that can be quantified that is related to mining them.

I guess we will. I mean you've seen how the bears love to trade the bear market now. If this thing turns into a bull market the smart bears will turn to bulls and push the price up, just like they're pushing it down these days. I guess it'll still be this year!

This right here.  Although I'm thinking this long of a bear market won't be easy to shake off into a crazy rally quickly.  We might see it this year but I'm looking more towards 2016.  Will be happy to be wrong and see it earlier though!

No of course, or at least not 'now' maybe after the next halving (but I am not sure).

maybe a loaf of bread will cost 37459694839484.38 $

 not sure about it.
It might exceed 1k+ $ or might be down to 0.00XX $  >.<
let's see what will happen..

Im saving bookmarks in a special folder called "bump this 10 years from now" so I can have a good laugh while I enjoy my extremely strong purchasing power of BTC.

Unfortunately, no one is going to manipulate bitcoin to new all time highs, so new holders will be minimal, and there will never be a 1200, or new ath again.  The time for that to happen and be coordinated has past: microsoft, coinbase launch, whatever etf launched already.  If those events couldn't save btc price, what event will?  

How do you expect anyone to give you an answer? A month before it hit $1k, no one here would have bet any substantial amount of bitcoins that Btc/usd rates would hit $1000 in 30 days time.

The day my mom starts using it.  :D

Its basically dependent on a user base scale, so the true value still stay at that rate only if a huge financial event occurs. That means everyone currently using their credit cards to decide its actually way better and they see a difference.

If not, they wont bother to adapt a new thing. Unless its like added as a dual option on a credit card or something.

As for the fake value $1,200. I would say any btc exchange can do it short term, by making phantom deposits and follow similar to mt.gox events.

Er... I'm guessing the day moms start using it the value will be well over $1200.

maybe but its so hard price back to 1200 again

I'll never doubt any numbers other folks have, like us going to $2k in 2016 or what not.

It is going to take a long time.
Right now, it seems to be stabilizing around $250.  >:(
We may have to wait for the next block halving to see some trend

Yeah, i believe so too, but it isnt that long until halving anyways. I believe the downtrend should stop (has stopped), and this is just some sort of
a shakedown in form of a long beartrap. If the pre-halving pump happens , and i believe it will, then i guess its possible for price to rise to ~600$,
but it seams so artificial lately that very well anything could happen (for 1200$ next year i doubt it)

cheers

In my personal opinion Bitcoin have to give a lot more and we are still on the start of it. There are a lot of countries around the world which is unknown yet and as many more people, companies involved, advertise it and use it for what is build for will make it more popular and the demand it will be increased.It will break this amount for fan.I dont know if it will be this year but i beleive it will be soon.As said this is only my opinion be well everyone!

Kind Regards,
BTC-Bank.

Once tomorrow comes.






(think about it)

not anytime soon for sure

Possibly IF bitcoin makes an ETF onto the US stock exchange or china accept BTC. short of that I doubt it. Best we can hope for is a rise and stabilization around $500

With all the capital flowing into startups recently and the foundation being laid for institutional money to enter, I think this is how the market will play out. Unless scalability/regulation is too much of an issue and something better replaces btc.
https://tctechcrunch2011.files.wordpress.com/2012/04/screen-shot-2012-04-01-at-9-30-17-am.png

I swear we all hit a reset button, for those who got into bitcoin less then $100  congrats.

For those who bought bitcoin back in 2012 at $200, yeah now its back giving us a 2nd chance in my view.

But, I really dont think it`ll hit $1,200 anytime soon if anything I feel like its going the opposite direction. Only because I dont see any great financial events outside from a PR article from coindesk mentioning about twitch using it as a tipping service, which grows the userbase.

The problem with this kind of thinking is, news doesn't go like "we are 5.6% towards completing a killer app for bitcoin" then "we are 8.34% finished with developing another killer use case for bitcoin".

We'll only know that a killer app is out when it comes out, it's pretty much a binary thing. Either it's out, and bitcoin explodes, or it isn't. It won't be a gradual thing. So just because you don't hear any news now, it doesn't mean anything. By the time you heard the news, it will be too late.

For the moment no one can predict whether bitcoin will be able to return to the figure $ 1.200
It all depends on the market, that many who buy bitcoin market in large numbers, I think there is a possibility of bitcoin can achieve such a price back.

If yes, then I would be rich, lol

also don't get people that say this. 1200 is only about 5x the current price, so you'll get a 4x profit. Chances are, you don't have everything in bitcoin, or even the majority of your net worth in bitcoin. So at most bitcoin going to 1200 might increase your networth by 50 or 100%. If increasing by 50 or 100% will make you rich, you're probably already kind of rich.

Is bitcoin price now is the ideal price for bitcoin price?
In this case I think everything can happen, even though it will not be as smooth as what has been thought, same as well as when bitcoin reached the price of $ 1.200

The moment world financial markets start to really crash, that is the moment of Bitcoin rise. Merchant and consumer adoption won't help much, only crysis. And it will happen soon.

Is this the same as when at the end of 2013 at the time of bitcoin reached the highest price?
Making people believe in bitcoin of all the risks is important for people to buy bitcoin. And this is one of the main factors that will increase the value of buy bitcoin

I think it may indeed be dead, should have sold when we had a chance

Maybe the winklevoss Gemeni exchange will have a positive effect on BTC's price?

i hope so. i have been reading about it and it is indeed something that can give bitcoin a huge boost.
but let's not get excited too early. i hope they will open their doors within a few months.

Stop whining man! If you just went in to make a quick buck and running after your fiat cash I have to disappoint you!
Better sell your coins now if you're not convinced of this technology! I will never understand the sense of threads like this.

It might take a year or 3-5 to reach over $1200 level again. At least I don't expect it before 2018.

If Bitcoin grows with 100% each year from now, which is a reasonable estimate, then we might actually stay above $1000.

As long as it isn't a peak like last time, we will be just fine. We don't want it to drop hard for another time.

I'm thinking something significant will happen to force the price upwards at some point this year and it'll be well on its way upward before most even know what is going on. People have forgotten how insane this market can be when it wants to change.

My initial assessment was that the rapid fall to 160 was the bottom and we will go up slowly with a rally either this year end or next year. It looks now that there is a real chance it may go below 200 and even to low 100s. In that case not so sure about the future, 1200 might take years.

Yeah, before fixating on huge prices in the future, the first question should be along the lines of "when will Bitcoin stop falling?"

Yes.  When Willybot 2.0 is online.

Just think of all the things in down the pike that will bring in demand to buy coins and if there's enough or any of that then the future is bright. I presume the bulls are accumulating in the mean time and then planning a time for when the breakout makes sense so that it'll go on generically.

Hopefully this is the case but we have seen some good news recently that should have raised the price and it is still the stuck, which i might add is not a big deal to me because i have time to get some more end of the month.

I am one who has forgot the insanity that this market can bring i have actually found it quite boring recently. OP i think we will see it again but not any time soon and i believe if it comes it will be legit so will be exciting times.

Coinbase exchange had no effect on prices.

So there is no warranty about price rises with Gemini.

it's not falling anymore, we are at 230 rock solid, we didn't fall back to 180, it just that we retuned to a previous value, i dom't want to call this a fall

we are at 230 for two months now

It could take decades.  Take at the max chart of the Nikkei.  http://finance.yahoo.com/echarts?s=%5En225+interactive#%7B%22range%22%3A%22max%22%2C%22scale%22%3A%22linear%22%7D

Seeing that, it sure is possible BTC could follow the same fate. 

How often do we have a revolutionary design like bitcoin come around though? also as been said before its only going to take a few years for bitcoin to develop to its full potential.  Either way im hodling.

The blockchain is revolutionary, yes.  But this is also the open market and btc is traded in that market. 

By all means, hold.

I fail to say how you can compare that chart with Bitcoins can you explain how you feel that it could share the same fate so that might help me understand what you mean by this? I see nothing that could give you that idea http://en.wikipedia.org/wiki/Nikkei_225

They could not be further apart you can't compare the 2 except they can be brought and sold you may as well plucked up a random graph or is that what you done.

Bitcoin is here for the first time there is nothing you or anyone else can do to sway that, especially someone who asked if that is a good idea to short at 240  ;)
 

Yes.

When we're ready.

You're right.  You know better.  ;)

That example with the Nikkei is given a lot in trend following lectures as it shows that anything is possible in an open market.  So there's certainly that possibility that bitcoin could stay under 300usd for longer than we think.

And do not forget the primary catalyst for btc's surge at the end of 2013 was due to price manipulation via Willybot.

Edit:  And yup, I asked if shorting from 240 is good.  Why...?  Cos it's possible it could go down under 200.

Never said i was right and i know better just that you was wrong there is a big difference.

Of course anything is possible but you don't just pull random graphs from where ever you pulled it from  :D

Never said we could not stay below 300, i remember why we had the last bubble pump not disputing that or was i, nope.

That is sweet so now it is possible to go below 200 when it was not when it was 300?

That is my point if you was going to ask to short maybe you're asking at the wrong time and should have enough experience to know it would have been a good time a few weeks ago.

Anyway good luck.

To keep on topic i think we will eventually see 1200 and above we just don't know when.

Above ATH is a FACT, we'll get there, if you don't have this mentality you don't fully get bitcoin and have no notions of what long term holding is.

I'm not talking about over the last month, I'm talking about ever since peaking at $1200; since then it's been a pretty steady grind downwards, with several small junps upward that turned out to not be sustained. But, if say 3 months from now, Bitcoin hasn't fallen further, and in fact has made a move uo that it can hold onto, whether it's to $350 or $400, then we can start fixating on future price rises. But right now, it's if much greater importance for Bitcoin to lock into a stable price zone for an extended period (read:longer than a few weeks) than to speculate when it will actually grow to bigger values.

I will not bet on it. Its at a balance point, but I feel the probability of an upside is less than a fall. Very difficult to say at this point but do not take this staying above 230 for now as a bullish sign.

my crystal ball says 2yrs.

I expect 2015 to give the price a slow recovery (though it might first continue dropping in the coming weeks)

2016, when we'll be nearing the block reward halving should start another bullrun...

"We don't know when."

Exactly the point of showing you that Nikkei graph.  It's been decades since it saw its peak, and it's even backed by the Japanese economy... a real economy with regulations and big investors.

That said, it is possible that it could take decades before bitcoin can see it's peak of 1200 again.  Why...?  You said it yourself... "To keep on topic i think we will eventually see 1200 and above we just don't know when."

And again let me emphasize...  Bitcoin's surge to 1200 was primarily caused by the Willybot manipulating the price.  That's why it went up so quick.

Way the current price rates are showing consistency in terms of keeping a low profile, I am not seeing any high value like that, unless wall street gets a hang of the bitcoin as some of the recent news are suggesting, then we might see some spike.

Much faster than you can imagine

I have a feeling that when everyone is ready, the next wave will be much larger than the previous two wave.  When daily coin supply becomes less and less, and the capital in the play is getting larger and larger, a fireworks party is approaching

Unlike last two times, the advance was mainly caused by technology advancement, the next wave will be driven by combined mining technology improvement and credit expansion when bitcoin can be mortgaged through ETF

Indeed. We should start seeing price movements in late 2015, or early 2016, just before the halving. If the ETF pops up in the meantime, we should definitely see it. Who knows where the price will stop at though. We should just be patient as always.

No necessarily. Although that had potential back then, even though we do not know exactly what happened.

I say if the ETF doesnt happen, I would see similar to how facebook went public on got more public funds.

It wouldnt be facebook obviously, but I`m referring to companies such as SF location esp silicon valley raising funds then selling out at IPO is old news.

So companies like Coinbase for example, would effect traditional investors thus having more skin in the game for price movement.

or it may not be so public at 1st, it would be in on sites like this https://sharespost.com/private-market-insights/sharespost-100-list/

True.  We do not know exactly.  It's a good idea that we should because there was clearly  price manipulation that went on at the end of 2013.  It was somethng that would set alarm bells if the SEC were regulating cryptos.  

... Not that I would mind it happening again.  ;D. I hope it does.

well what you say it could be true, but i'm confident that we are aiming high now or we are just stuck there at 230, i'm fairly sure that it won't fall back under 200 anymore

i'm starting to think that we need the block halving to have some breath

We'll see.  But it doesn't matter what you think will happen because there's a huge chance you can be wrong, no one can predict the market.  The more important thing is knowing what to do when the price reaches a certain level.  Who cares what you think.  Just plan ahead.

It's all speculation and theory. That's why we should stop acting smart, because we won't know what happened. We should focus on the future, rather than remember the dark times of Mt.Gox.

The price is being manipulated, so nothing should surprise us there. Bitcoin is volatile as ever. The times are hard for bitcoin, with media focusing on the bad, markets being manipulated, the upcoming fork and such. Hopefully everything ends up as supposed to.

it's not just "what i'm think" it's about following what it is happened and happening, 230 is holding strong since months already, based on that i have written that claim

better than who just say "hey guy i predict it fall to zero tomorrow, goodbye", that's plain stupid

I would not be surprised to see it gain even higher than 1200 USD either as a result to a bubble or legitimately, either way seems plausible to me

well, I can agree on the part that the next up wave may take us beyond ATH. But it will take a longer while IMO. I see 2015 as a consolidation and base building. Only if we are close enough to the next halving and have enough positive developments (e.g., ETF), we may start another panic buying (mania) phase. But we are far from there for now.

yes we will before 2016 end

True.  Just pointing out that a parabolic move late 2013 was manipulated rather than the market finding bitcoin's true value.  The crypto-scene has no regulatory body looking out for it. 

Today! Check out charts, it is almost there!

Indeed. Although there is no real evidence one could easily say that it was. The spike was just too high. These days nothing surprises me.
I guess the next time we might see less manipulation, if a rise comes. At least we will be producing less Bitcoin after 2016.

I think bitcoin may one day see over 1200 USD again. Who knows when though.. Maybe in mid 2016?

Why you so sure then not after the 2016 end?

Who knows. For now it seems that this bear market is nowhere near its end. More than likely it will go below 200$ once again this year and stay there for a decent period of time.

Could be, but I actually have a feeling that we may not go as high as everyone is suspecting. I hear people speculating about going north of $5'000... I think that's impossible to achieve with the next wave. But it may be battered-bull syndrome on my side :D

Willybot 2.0 will take btc to 5000 and beyond.

http://upload.wikimedia.org/wikipedia/en/0/01/Believe-JB-Album.jpg

Some time next year.

We can't really know. There was a lot of speculation in this subforum and even in the one for newbies. A lot of people had anticipated much higher prices in the past and even now.
Predictions have a very high chance of being wrong. I'm hoping though that there will be a positive trend soon. It's either up to the ETF or block halving.

both of the events you mentioned are to happen next year. A lot of people here, myself included, is speculating it may push the price up significantly. The bigger will be the deception if that doesn't happen.

Are you sure about the ETF? We've been waiting for it for quite some time now. I mean it is bound to happen. What are the chances of that happening this year?
Indeed. You're definitely right about it. If everyone expects a lot, and nothing big happens that could cause a turmoil. The price could actually either go down or go up but only a little.

A chunk of that may already be priced in, and we get a disappointing fizzle when they actually occur.

I think the halving might have more effect than the other events we're watching, maybe starting a couple of months before, as people get a feel for what the price could be climbing 'from', rather than guessing too far into the future.

If you look at the multi-year price trend (i.e. edit it out the spikes and look for a baseline), it's already perhaps a little higher than where it should be (not that markets are known for being rational), but if we get get out of the mode of thinking of winning the lottery every 6 months, and see it as a standard investment, then it's providing very solid returns based on it's evolution, which are way above inflation.  For all it's volatility, there aren't that many investments available to average Joe that we can say that about.

No, I can't see it happening

You can see your wallet, especially blockchain.info the bitcoin price of about 1216 dollars. Although I know the price of bitcoin in the wallet and in each trading platforms is different, but I'm sure the differences are not too flashy.
I think recent price is new record of bitcoin achievement. Because more than $1200 is very big amount for bitcoin  ;D

I dont think that more then $1200 is bigger amount for bitcoin as their is no valuation of bitcoin price as much the success and acceptance is going to happen that much high price it is going to touch so no higher price is big amount for bitcoin but ya it may be higher for bitcoiners who are using it

it depends on where you are getting your price from. if you are getting it directly from an exchange API service then it is live and the current reliable price of that exchange service which is mostly the same on top exchanges.
but if you are getting it from some third party service such as the wallet you mentioned it can be an average price and also with some delay so you should always expect some kind of difference.

very likely

Yes,when?in your dreams 😂

Why needed that damn low?are you against bitcoin or what?you wanna go back the price in $1,200 while early this year ethereum reaches almost $1,500 so you think that bitcoin can be slammed by altcoins with that small price?

That's impossible for this great coin to go back to its price 1-2 years ago,because for me thisill continue grow

yes it is possible as long as you are sure and it is possible.
hopefully this year or the end of this year btc can bounce again.
because that's what they've been waiting for.
I also hope btc bounces back, because I have lost it.

I dont see any possibiliy that bitcoin will go again at $1,200.  If you see bitcoin price from 2015 up to now  the price went up so high, and with the years that will come bitcoins price will always increase.

it's hard to say, everyone is just speculating and hoping its value will come back to touch that number in the near future.

@siren This was posted year 2015 so calm your horses.
I can now connect with the other thread that asked the same question if we will ever see bitcoin again @ $100,000 or so, so this is where it all started.

Bitcoin price is already reached in the peak but know some fluctuations are occur in the market. This will maintain 7k USD to 8k USD in this month so this will move forward in next month and never it will reach 1.2k USD because all the coins are depends on Bitcoin this will going to moon all the coins are following the same way so definitely it will grow soon.

Well personally i’m wishing it won’t happen again, and surely everyone in the market wishing the same thing. We are stepping forward and we should bear it in our mind, and not to get back on the beginning. We can help the market grow by staying positive always, and continue supporting it, positive responds on this dip situation will help us recover soon.

We will never see $1,200 again. I know some of you guys wanted to see bitcoin hits back on that price but I'm sure of that the whales will not allow this to happen.
Since this thread has been created since 3 years ago the discussion shall be enough for us to assume that it is not going to be back at that price. There are also threads before here that says we will never "higher price" which is better to hear and read than lower price. Before it was a good discussion when bitcoin wasn't passing more than $1,200, this is good for 2015 but not for 2018. Our expectations are higher now.

A whole lot of you who posted above me apparently did not check the date this question was asked. What I can see from this is that the future is going to be bright than the present. The OP asked if we could ever see the price over $1200 again around 2015, and here we are 3 years later complaining of a drop in price around $6k. I hope some newbies can use this to strengthen their hope in the long term value of bitcoin.

We just did! And I am so amused that I am having a good smile and laugh at the same time, even though we are not in 2020 yet, which brings about a greater hope for the future. So, those asking if we can ever go above $20,000 again should have a good answer from this.

No one can give us here when literally price is unpredictable. Though value is down or not good this time I am hoping btc value can survive this hard times. However, speculating is not yet true until it hit to that price.

This is clearly a proof that bitcoin moves forward as time passes by and that its price is getting higher and higher. Dump may be frequent this past few months but we should not lose hope and faith that bitcoin will surpass this. Bitcoin started having a low price and it needed years before it reached its position now so we also need to give it time to recover.

It is okay to be worried because it is normal for us who are investing time, effort and money in earning cryptos and learning it but we shouldn't give up what we had started in here. Our market is known to be volatile and let's take that as an advantage for earning profit here.

We can't so sure that we see bitcoin in 1k price again because if that happen it's a big fall and all investor who buy in a highest price will be lose their profit. We hope that bitcoin will not down below 6k. If that happen many people will be panicking again.

We will never see $ 1,200. This is below the cost of mining. But the prices can be reduced to about $ 2000. Below this threshold will not be. I hope that bitcoin will not fall so low. The price of 10-12 thousand dollars is a more likely development. But now it's like a fairy tale. There will be no price increase before autumn. I think so.

They obviously missed their road as usual and post like blind man. It is funny though that we are here now before 2020 that calme asked to even pull the thread back for a good laugh. That was 3 years ago just like you have said, and we have gotten way past $1200, with no dream of even thinking of going back way low to that value and then here we are having a good laugh even with the present value which some people considered as a dip.

It is really a way to believe in the future of bitcoin and not just in the price but even in its development. I am not finding any possibilities for bitcoin prices to test below $6000 levels. We are in rising trend in long term perspective hence if we test what was the peak of 2013 then it would be a result of some fundamental failure which is no way possible as per the bitcoin foundations.

Bitcoin will not drop to $1k dollar because there are a lot of people already who invest a huge amount today and the demand will increase even more ,so we can expect for the price to increase even more since cryptocurrency is very popular due to the volatility of the market.

It's almost impossible to say with the way things are currently. However if that should ever happen, it's still one man's loss and another's gain. This is what most regulators fear the most.

I do not think that bitcoins will go down to $1.2k dollars because people are still interested on investing in cryptocurrency but there is also a chance for the price to decrease if most of the people will believe on fund and they will sell all the coins they are holding.

if bitcoin reach 12 hundred dollars it is heart attack price for the cryptocurrency i won't think bitcoin will lose value to very low

Unfortunately, I think we will see the price between $ 1000 - 3000. According to technical analysis it will happen until the end of summer. Then we will see very slow uptrend or flat. Recovery will start only in the spring of the next year.

This year it will not happen to go back that kind of price you think. Possible to $5k but $1,200 no it will not happen again. This year bitcoin is more popular that 2015.