Bitcoin Forum

https://i.imgur.com/GymOOqC.png

In my analysis I found the halving effect will start with a slight delay. Actually halving will start on November 2016, but, in my opinion the effects will start on February 2017 & the market price will go to higher price on January 2018.

Source : https://en.bitcoin.it/wiki/Controlled_supply
            http://www.coindesk.com/price/
            https://www.tradingview.com/

Technical Analysis Method : My own method [will reveal after predict to 2022]

this is the exact same that happened with the last halving(2012), check it, there was a rise 3 months before the halving and a rise 3 month after that, for a total of x2 in price as a result

https://i.imgur.com/Nr9jAAn.png

yeah you're right

When can we say the 2022 predication and why did you chose 2022 exactly as a year to predict at ?

Plus, the bitcoin clock says that the halving will occur in July, how do you say that it will happen in November ?

Thanks.

Like looks like a reasonable approach. I also predict that the 200-300 range is the new 1-5 dollar range of the early days of stability. It's good news if anything, this only means a lot of extra time to get as much BTC as possible on this low price. After 2020, I don't think it will be possible to make 1 BTC anymore monthly for the common folk.

i will hopeless if bitcoin price go down to $150 or even lower.
i have bought many bitcoins at $500
this time looks bearish everyday damn . so hard to reach $300

It's good to see that there are optimists in this forum. I am not saying that I am not... just to be clear!

I hope your graph is underestimating real future value :)

what's your prediction ?

The price will fall, because the growth there is not any prerequisites.

just hold your coins and concentrate on other things. eventually it will go up. i'm only not so optimistic as op with his +$1000 prediction.

I certainly hope something similar can happen as a result of this halving, that'd be fantastic.
Surely it's near certain that the price will rise upon this halving, I'm not sure why people are predicting that the price will fall, seems stupid, maybe it's people with agendas to keep the price low.
I predict the price will go to about 500 USD after the halving next summer.

Well, one thing that is certain is the fact that the price will go up significantly!

not certain but very likely, the only thing that is certain, is that something will happen, we won't remain stuck forever in the current 220-250 range

the hystory of bitcoin is with us, so in theory it should raise

it's not that hard to figure out bitcoin will rise in the long run. but currently it has a higher chance to go down. the question is, how low.

Happened once, why cant happens again? I think it is a fair estimative

There is a new thread about the fact all the old patterns Bitcoin followed have now been broken. Whatever happens around the next halving time is not necessarily going to be a repeat of the last halving. It may go >$1000 or it may not, but I doubt the same pattern as the last time will repeat.

The model do not take in account the simple fact inflation of the BTC supply was 25%/year at the time of the halving and 33% one year before.
As inflation fell, the price of bitcoin rose. If we include in the calculation the simple fact some bitcoin never were moved (something around 2 M BTCs) inflation fell a lot more than what appear.

This time, inflation will not fall so much, but will fall lower than fiat currencies (around 4.5% at the time of the halving) like USD and €.

What will drive the price is the number of transactions and adoption.
Alone, the reduction of inflation will cause a slow continue raise.
What is unknown is the effect of external crisis on the price (high inflation, defaults or both).

But we need to accommodate a lot more transactions and raise to the level of VISA and PayPal.

Didn't PayPal say that it will accept Bitcoins ?

What happened, as I'm not on track ?

yeah they said a long time ago, they said it need time because of security issue(2fa), no more news about it since ages

i just hope it is not one of those enws that are just built for hype and nothing else

What a bullshit. Sorry to say that but charts suck from finger.

Well nice try but seems you're 1 whole year late...
We already touched $1000 on Jan '17 not '18 like in your chart..

This is a lovely post and I love it.

I think the price could exceed 2000USD at the end of 2017. because of the demand for more and more so that the price of bitcoin will experience a very significant increase. as well as the growing number of e-commerce makes bitcoin increasingly demand a lot of people in this world.

$2000 seems to be possible if calculated based upon the ongoing price variation. Growing ecommerce is a supportive thing for digitalization. Recently the price have been experiencing good increase. By the year end lets hope for $2k.

you guys r legends!!

See where is it now..

what due you see from here on.. ???? what is the best pic IYO ??

My prediction in 2021 is 60k. but now when is cheap listen to me you will get rich.  ;)