Bitcoin Forum

Simple math. Btc price was 115 in August/September of 2013. It's 230 in August/September 2015. I proclaim we will see 460 in August/September of 2017.

The market is complicate than your described ...

Are you trolling? You can't possibly be serious. Although 460 in 2017 is technically possible, your reasoning couldn't be more flawed.

what about the rising is 115 and not the double, we would see 345, which is more akain with the average increase per year, 230/5 years

but all this is not considering the possible unsubstantial rise that may happen, and will happen as always

when i saw this post. i cant help it but to laugh.
sorry but your simple math doing is like a child.
you didnt even consider the market or whatsoever
and proclaiming it already... well everyone of us have their
own opinion... but i disagree with your simple math...
so goodluck...

This reminds me of all the "price increases by 10x every calendar year" logic.  :)

it's a much more reasonable prediction than all these dreamers saying we will go over $1000 again. my personal guess is also in the range of $500 around that time.

Btc market is NOT complicated. At all. Au contraire, mon ami. There's only one major force acting on the market. Manipulation. Whales and early adopters are manipulating the price. Every day. If you believe complicated market forces, such as supply and demand and whatnots, are exerting a fair market framework, I have a castle to sell you.

It has been extremely difficult to breach the 300 level, so it would be lucky if we managed to cross that first hurdle. So before we start forecasting on something so far away why not try to analyze and look at where we are right now.

2017 is far away from now and it can happen to be the price of $460 it is just a double jump from now

The block reward halving is the joker in the pack - nobody knows what effect that will have on the price.
After that is completed, we can start making predictions about 2017.  ;D

Yes but before block reward halving happens we can see big pump in btc price but no one know what will happen after halving, so before making prediction for 2017 we should predict about halving impact on price in 2016

When is supposed that to be completed? By this year maybe? and for 3 years i don't think is a big jump

we will hit 500$ at midle 2016 :)

I think that it is far from good if we see it from today.
As Bitcoin XT is killing Bitcoin network, so probably this price will not be reached.

Very simple math and assumptions. So please tell me where it was at Aug/Sept of 2011? If your wishful thinking is right that would be nice.

bitcoin xt isn't killing the bitcoin network. the network is fine as always. people don't switch to the xt client as they know it's not going to last long. don't think anyone will talk about xt anymore in 2016.

I hope it... i need thousand of $ haha

Just look at the recent moves in price on halvings of different coins. It is mostly a bit excitement before, but then nothing noteworthy afterwards. Even the difficulty will not change that much.

About the difficulty it can change because technology is changing too much and very dynamically so the power will increase by years, until to quantum pc which much more power.

With coming quantum PC btc will destroy fully ... because you can find privekey of a certain address at some hours .....

now price 240$
i think we can hit 300$ at end of this month :)
and easy to going rate 460$ at next year

i really wish it was that easy, but i can't see the price go over $300 in this year. but if you believe it will, then buy yourself some coins if you haven't already.

I decided few days to read about quantum computers and it is just a mess if it is implemented, because it can bruteforce everything even banks and bitcoin private key/salt too, and the price of bitcoin will become 0$

Sky is falling! Bitcoin is loose! Buy now or cry later.


 ::)

Thats such a long time away in bitcoin land ;D.  We could see other bubbles in the mean time.  We'll hit $460 for sure in 2016 and also possible this year.

If it will became true , i will invite all of Bitcointalk users for a party !

thats way too small prediction in my opinion it will get at least to 600 each

i dont think do,your math doesnt have a good basic,you just speculate with your own math  :-\

it mean in August/September 2016 we will see bitcoin price at $345? sounds good
but i think you're just a speculate for this

Agreed. Definitely many more mini bubbles and drops before the year ends. Not everyone is even sure that we've hit bottom at $160. We could possibly even go lower within the year.

It's hard to touch $460, because many of bitcoin holders in worldwide will sell their bitcoin in massive amount if they find $350 price in market. I predict bitcoin will remain $225-$300 until the beginning of the next year if there's no a big news. Maybe bitcoin will touch $350 in 2017 or fall down to $150 depends on market and news

will see bitcoin prices after halving the next year, it is still too early to predict the price of 2017 for me I was disappointed with bitcoin price drop  but I still have a dream bitcoin will rise

That is not true, many people are looking to sell when the price is somewhere between $500-1000.   $350 would be a foolish price to dump unless there is a pump and dump and not enough people interested in actually purchasing BTC. If there is lots of buying and the market maintains the demand price will easily rise well above these prices.

Yeah, agree with that too. Market movement depends on people. But if they hold their BTC too long it will make bitcoin market sluggish. Bitcoin price also depends on news in online media. Good news mean many buyers and order price will increase dramatically in short period.

Until 2017 i think most of big online and in-real-life stores will implement bitcoin as a payment service so it can happen $600.

If you have purchased at $200, then $350 is a wonderful price to sell.
It doesn't matter if the price increase is due to a pump or an increase in bitcoin adoption.

Sure, it's a great figure to sell. You make some nice profit. But then the price keeps going to $400-500, or higher. Then it drops down to $375. You want back in. Whoops.

I never buy Bitcoin for holding, i buy bitcoin just for trade,
but i save some amount per week 0.04-0.1 to sell at price 500$  ;D

Very good. Simple shit. The price will be high in the next month, then down the next one, then again high the next one and at last down the last one. Then will not be more month to make prediction (there will be the end of month; this is mathematically proved) so we will go without predictions and without nothing like else pearls to read.

38% annualised return, sounds risky

exactly,we've seen this before whenever the price rises a bit all the people start selling their bitcoins  :'(

I like this idea, i will try to practice this too, it is a smart move to save also in the real life. To the moon...

The market is too small, any whale can manipulate it at will. What we know is

1) Bitcoin is insanely undervalued objectively, and it's marketcap is worth trillions
2) Those trillions will come sooner or later

But we don't know when that will happen, so you better hold and dont try to play the market much.

Yes, but just take a look at the timeline in which btc went from few bucks to that ATH of 1200$, what return was that :)

I agree with op that double the price as it is today sounds fair for 2017, but i would think that it's the lowball price under the assumption that nothing changes, no big news or anything.
On the other side, if we get some trending going on again, you could easily add another zero to the end of that prediction.

Oh I hope you're trolling...

why do you say that? his prediction doesn't sound that unreasonable, especially with the halving infront of us. or do you find his prediction to be shocking low??

Its prediction for me seems a stupidity when he tell: "simple math". Where is the math here? I don't understand its logic in finding math in his ongoing words.

Maybe he has a math method in his mind :) He means the bitcoin price is 2x every 2 years.

Accepted. My poor mind is not capable to catch some difficult things like this. Every day can be learned one new.

People is being so pessimistic with their predictions lately. Cmon guys 3 figures it's too low for 2 years. Bitcoin is insanely underrated, one would hope that society will be not be stupid enough to not pick up with the inevitable superior tech that Bitcoin is, so im aiming for 4 figures, I dont know if 1000 or 9999, but 4 for sure.

I think it will be better one price with 4.5 figures and not less or not more. Is nearest the reality and all the analysis testify this. The predictions about the price of bitcoin always make me laugh.

too bad btc prices isnt a expontial function, i was really looking forward to $117,760 in 2033. :'(

$460 actually seem realistically, after the block halving in 2016 there is a really high probability that bitcoin will rise.

Totally agree with what you said. If not in 2016 it will reach $460 in 2017.

lol, 2015 is not end, even we never know what happened in 2016. when 2017 come, this post would be lost.

The first we must reach $300 end of this year if that's happen i believe bitcoin will jumping to moon :)

I wouldn't be surprised if it was $460 by this time next year (2016). You need to take the halving into account.

Why don't you point to april instead? then the price would be about 240 - 240 and 240, hu?

Wait.. wat..

Did someone buy this account?!?!

Because the whole market knows about the halving, and will be looking at the previous one, I suspect that there will be some that are waiting to find out what the price is nearer the time then jump in a couple of months before it, then because most people expect it, little will happen.

Then...just as everyone gets bored it might do something upside that shocks us all.  Most of us are dumb f'ers when it comes to this kind of thing (and I don't exclude myself), so what most of us think, is probably not what will happen.

Personally I look at it as something that has a fair chance of failure, but I'm sticking with it because if it works, the rewards could be exceptional, though that leads back to diversification of investment and not putting all your eggs in one basket.

I still would like to believe that I'd never have to sell, and use it for its own value without getting involved in other value transfer methods too much.

There was no block reward decreasing in the years you mentioned , but there would be in Q4 2016 so the price will probably (most likely) be more then you predicted , hopefully ... Personally only thing that worry me on Bitcoin right now is the blocksize , Core developpers should find something to do to increase it without switching to Bitcoin XT .

I agree $460 in August/September of 2017, this realistic but two years long enough, I hope to reach $1000 again in August/September of 2017 :D

i think next year no one is talking about bitcoin xt anymore. the support for xt is falling every week. most of the xt nodes run on trial servers.

$230 x 2 = $460, nice and simple with the block halving right :)

nope mate.
it is even larger.
i guess it will be $1000.

Xt is already nothing, nobody support for xt anymore and after end of this year when we close to halving block. Slowly but sure bitcoin price will jumping

LOL very simple  ;D ;D

i hope you are right if yes then its a good time to buy

Convey my hello to $460 if you will see it ........

well $460 ...it may reah that spot if it keeps on running like this...i wish it happens .....bitcoin will boom soon...and increasing users of the bitcoin will be the key factor behind it