Bitcoin Forum

A long time ago I bought a house in Canada.  During the previous 12 month the average price was stable and had barely move a dollar. The sales agent told me tomorrow the price will go up $2000.

Hard for me to believe but anyway I signed the papers and bought the house.  One of the things that pushed me to make the purchase was that my girlfriend was at the time crying after I initially told her I don't believe the price will go up and let's wait another week.

 That week I saw in the papers some mention that the house prices had moved up.  People read the papers and started to buy.  In the weeks that followed there were more and more and more reports about price going up and guess what happened ... prices went up.

A year later the same house was being sold for TWICE the price by the builder.

What's my point here.  Well if people think prices will go up then you can bet they do go up !

So what do you "think" will happen to the price of bitcoin ?

By the way I had quite a few friends at that time who wanted to buy but they put in offers after me.  Those guys had the offers rejected so weeks later they tried again and rejected.  It's been a long time but I think the friends never did end up buying.  They were just too late.

Unlike the price of real estate which you can almost predict based on location, future development within the locality, infrastructure, public amenities which can suddenly change and boost the price, in bitcoin it's much different. The real driver probably at this time is having people realize and reassure them that bitcoin investment is worth it and thus more and more people wants it and drive the price up. Also likely in line with economic collapse. So it difficult to come to a good prediction.

it seems that the demand is stubborn enough to maintain the price in the 230 value for a while right now, this mean that we can assume that if this value remain until the halving the price must increase because there will be 1800 less coins dumped from miners

which in other words would be around $400k each day, a decrease of 1800 coins per day should be equal to a buy of 3600 coins per day, so it is as if someone will buy 3600 additional coins each day

this should not increase too much the value of bitcoin, but it's sure that the value will increase if the demand will remain exactly the same as it is right now

it may take a long time to bitcoin reached the price of $ 2000, but I hope so
My hope for 2016 bitcoin price reached its highest price  ;D

Well at the current time I don't think it will grow much if not fall a tad. I believe bitcoin will hover between the 200-300 usd mark for a very long time yet. It will take a huge jolt economically either way to get people motivated to invest in bitcoin. The early days where miners made it big are well and truly over now.

Exactly this. It seems to me that people keep forgetting that for the price of Bitcoin to stay stable, today somebody needs to buy 3,600 new coins. That's around $800,000 of the new money that gets poured into Bitcoin daily. That's quite a lot of money if you are asking me.

650$ by jan 2016 --- But i still hope that bitcoin will reach 1k$ or more !

I have only been following bitcoin for a few months.  But I would love to think that the price will increase in the next 3-6 months in anticipation of the halving and as a result of an increased awareness of the coin in less developed countries and in some other countries like China. I'd be happy with $300 by Christmas but at this time I don't think anyone really knows what will happen.

i liked the soposition of the newbie 29 activity and me like a member from 2013 gets to see that btc lowers into jan and rises into july soo its 200 $ december 300$ july sorry for the small post but im not a big foliosopher

Wildly unfounded assumption unless you know (which you obviously don't) that all these newly minted coins are sold (exchanged for fiat) shortly after that have been mined...

And where did you get this number (3,600)? A new block is not found every 10 minutes (even on average)

For january the price will not be much different than it is now. So something around $230-$300 I believe is where we will stay for the rest of the year. For next year july where halving will take place the price might increase a bit but I doubt it will raise that much.Maybe $500 if it should be a positive bullish period of time. Of course I could be completely wrong, something unexpected will happen and price might go up or go down like crazy.

This should be moved to the speculation subforum. Anyway, given the fact the halving will be around July 2016, i expect some change on the price, ideally a big pump, but January 2016 is way too soon. So I would say, Jan 2016 will be around the same as it is now, and one or two months before 2016 a big pump will begin.

Not much optimism nor pessimism, but based on what the market has to offer right now. Months before the halving, maybe we'll touch $300 again and back to the $240-$250 price range. Near halving (probably a week or two), hype starts to build up, and from there I expect to see a nice price increase until it comes back down to what it is before ($300>)

I have no idea any more. I wouldn't be surprised if it was still stuck in the $200-300 channel. If it was I truly wonder what it would take to insert a rocket up its arse in either trajectory.

I think no one can predict where the price will be in the next days not after months
But I hope that the price will continue its trend up

I think the price will cross $300 as we get into 2016. My hunch is that the price will increase as we aporoach the halving, when blocks of bitcoin will reduce from 25 to 12.5 BTC per block.

If there is an increase demand, then surely it would increase. But if demand remains stagnant, a decreased supply wouldn't matter much and wouldn't affect the price that much.

my guess is that the price will be around $290 by that time. don't think it has a lot chance of going over $300 by then. it's a realistic guess.

Will see if demand increase before christmas, i think we can see price above $400

The 3600 is the avarage based on 10 minute blocks. I practice, the avarage is even faster (due to increasing difficulty, until readjustment). 3600 is a safe estimate of daily new bitcoins mined.

Ofcourse not even close to that amount will hit the market, but also  previously mined coins can enter the market with these coins, boosting the number.

But you forget to take into equation the amount of coins that are being lost forever

More in the range of $300-$325. New year means new start. That's what I hope at least.

my guess is probably at $400 never know it might reach that high
or even more than that

My guess is that in Jan-16, the price will still be between $200-250. By Jul-16, the price will reach about $600.

It all depends on if whales are going to give the Bitcoin price a push before the real fireworks of the halving start. If this is the case then I can see Bitcoin easily go over $300.

If nothing happens then we most likely keep sitting at the $200-$250 level for some time. That's the hard reality.

Probably 1 BTC will be 215 USD or 216 USD in Jan 2016, regarding July 2016, it is very hard to say exactly  ;)

Honestly, nothing major seems to be happening anytime soon. I think the price will stay where it is now.

after end of year maybe we can see price in range 300-350 and for july i think we can see price $600. surely when we close to halving block, price will increase fast.

I am ready to bet that this is not true. The people can realize other things with their hopes (for example political ones) but not the price of currencies. Who american don't want that us dollar go to the sky? Who of the people in my country don't want that our currency goes 1000 times more the value of us dollar? For the first question I have no answer (maybe I can guess) but I can assure you that every single person in my country wonder the yes of the second above question. Why this desire thought by the people is not realized? You tell me.  ;)

About the prices asked by you in the above days I can tell you the exact ones only if I had the magic crystal ball. Otherwise I am shooting two values only to give you an answer. In the first date the price will go 450 us dollar one bitcoin and at the second date 1 000 us dollar one bitcoin. Hope that all the people think equally with me and in this way, in July 2016 I can have ready at least the money for the university of my two daughters.  :D

Around $300-350 in my opinion. I think that many countries will face an economic crisis in 2017, like Brazil and Bitcoin will definitely benefit from this. However any day there's a chance that a new cryptocurrency/technology backed by a big company or country takes its place.

could be, but bitcoin has been here for years and it has proven to be a great way of making payments. every competing altcoin will dry out at some point.

Yes I agree, but if Apple launches the iCoin tomorrow Bitcoin is doomed. Well you get the idea, if an "official" currency is created by a powerful player and goes mainstream Bitcoin will be instantly the new Litecoin and eventually die or remain an alternative to pay for drugs...

I totally disagree. It doesn't mean that iCoin won't be popular or that it won't be more popular than Bitcoin, but it would hardly eat away at Bitcoin's share, if ever

I don't think so. Apple has its followers that are to many. Maybe from all over the world But I think that are not never more than the bitcoiners which are followers of this coin since its creations. There are 6 years that bitcoin exist. The iCoin of Apple need 6 years to arrive bitcoin.

But even without this thought, that might not be true, I don't think that the followers of Apple are more than the followers of bitcoin (which will not abandon it, I think). This is only a feeling and I have no data about this. If will happen we will see.

It will most probably increase a bit compared to price nowaday,
it will be around 349-400 us dollars.

The price of bitcoin probably wont have changed much by then unless we get some big news. The only thing that I can see pushing the price up is the block halving which is late July I believe but on the flipside if the price doesn't rise considerably it might not be profitable for miners.

well real estate and bitcoin is completely different.
in real estate the place of it is very very impoprtant.
while in bitcoin it depends on the bitcoin users and hackers...
well anyway for me... bitcoin in 2016 will be higher than today.
but still not that high... this is only y speculation.so still goodluck to us.

Allright but it's not a matter of followers or not (this isn't a religion or twitter) it's a matter of accessibility and easyness of use. The iCoin will definitely be fool proof simple to use, no scanning barcodes, no impossible to remember addresses, refunds, etc.

It is not a religion but a passion yes. And this is not few. And the most used from all the other coins. Even from big "lions" of market like Microsoft or Dell. But I agree with you. If the new coin will be more competitive for sure will be used more. As I told in my post I don't have knowledge about the new coin.

I have already presicted in other thread that bitcoin price will go up in mid November this year and touch 280-290 $ in January 2016.It will fluctuate in between for two months.In July 2016 price will be somewhere between 270-300 $

I guess that the price of bitcoin by the beginning of January 2016 will be somewhere around ~$270 - $280
But by the July i think that it will reach at least ~$310+ as many things will happen at the time.
There would be a big jump on that time as the block reward will be deducted by 50%, from 50BTC to 25BTC

I guess by that time the value of the coin will range from $300 to $800.
Good guess right?

I guess the price will become more higher.

I'm pretty sure we will see some price increase when the hype before halving starts.
I just hope prices will not increase too much, just to see them crash again after a while.

I think that the next year will start with a min. $350 of bitcoin price.
Maybe it is much more than now (+42$) or low expectation.
But the price should be increased time by time especially on July when it is the halving period.

I wouldn't expect the price to move much from where it is till the end of the year. Meaning, it would stay at around $300, max. $350 by the start of 2016. As already mentioned in this topic, we have the halving event next July, which would definitely affect the price of Bitcoin. I expect to see its influence already around Eastern 2016 (end of April). From there till July, there is a potential for growth. How much? Very hard to tell something precise now. A lot depends on the global economic sentiment at that very moment. We may as well see new ATH, but for now, I don't see it coming.

Hard to give exact numbers, but pretty sure they will be way over $300.

I'd say at least $2500 for june.

January is a bit more tricky, but probably between $500 and $1000.

If it will be such price for bitcoin in this period your will have a little gift from me. Learn my nick (write it in some place to not forget) and when the price will arrive such amount pm me. I will send you as a sign of appreciation an amount of satoshi. This is an official promise. You can stake this my post in order to have it as a prove of my engagement.

Let me guess, i will bookmark this comment url.

On Jan 2016, btc price will be at $300

and on July 2016 BTC price will be at $350

It's like season man, July until December it's time for BTC going up, and Jan it's selling time..
(if you remember last Jan 2013)

Let me disagree. It is hard to talk about seasonals, if all what you have is five years of data. That is one. Number two is that the next year we have halving event, which tends to heavily influence the price. We are still in the area where change in the number of bitcoins available in the block is significant enough to influence the price. That is why this year behaviour won't be reflected in the next year's price action.

It's not seasonals, but we can predict btc price from btc history from 2009. It can go down in flash and can going up a bit. It's hard to remember how btc price can going down drastically from $1200 to $800. And then keep going down until today $327.

For now, btc price is too liquid. But they have a great online payment system. and that's why a lot people still hold btc.

Jan 2016?

mmm arround 350$

July 2016?

maybe x2 it, but after the halving i don't expect that this will raise up more and more, i expect that this go down a little bit to stabilize for the next year or so, btw i hope that im wrong and the price of bitcoin stay x10 of july lol

I repeat, so far we have too little historical data for bitcoin to be able to predict the price precisely in the long run. That was the meaning of my post above. That is why I believe your argument about price behaviour this year have absolutely nothing to do with what may happen in the next 12 months. And for the reasons I stated above as well, I expect quite different outcome for 2016.
What do you mean that the price is 'too liquid'?

210$ and 260$

my guess for the price of bitcoin in the January 2016 is at $350 and for July 2016 it's around $350-$400

My guesstimation ... :

November 2015: $320 - $380
December 2015: $380 - $540
January 2016: $540 - $280
February 2016: $280 - $340
March 2016: $340 - $450
April 2016: $450 - $580
May 2016: $580 - $810
June 2016: $810 - $1100
July 2016: $1100 - $920

(Answer to actual question in OP made Bold)

Bad guess according to me. Both prices are already reached or are near the actual one. Hopefully must be higher. Especially after halving. I am very curious if everything will go according to the theory. If yes it will be the first sign of the big future of bitcoin. If not I cannot tell nothing. Except that can be told for sure that it will be very hard to make predictions even theoretically then.

i cant predict the price of bitcoin on Jan2016 and July2016.
I can only hope that the price is stable, if possible i want the price is going up again like in 2013.

I think during that time, bitcoin will become higher by its price than before.
Many people will be happy for it.

No one can actually predict bitcoin price.But I firmly believe that bitcoin price will go up in the future when more people come into the ecosystem. But who knows when that will happen.

Yeah, predicting the price of bitcoins is just a waste of time, as what we predict cannot be right at every time, but yes I guess that price of bitcoins for Jan 2016 would be near $1k and I really wish that it should reach up to that mark in the coming months then we would be able to make some profits out of it, lets see what happens.

I do not think jan 2016 bitcoin will be close to $1K you can see and estimate the current price. whether bitcoin will quickly rise when the day of Christmas?

I think the price in January 2016 will be around 375-400$ but after the halving ~July 2016 it will start increasing slightly around 500-600$ maybe November 2016 we will get close to 1k$.

the future of the mighty Btc looks bright but it is impossible exactly tell where it will be. It might be very high or medium high

I think we are going to see around $350 - $400 value on January 2016. The July is much harder to guess already, but I have trust it will be higher than that.. But if some guesses must be made I'll simply say $500+ on July.

i totally agree with you, within 2 months the price wont raise double ya but it can go 20 - 30% up as chirtmas is also coming so it happens that most off the bitcoin holder will try to encash it and go for leave so for expenses they will try to sell it so i think we can get downfall of 20% dor more.d but in january their may be  buying back. and in july till that time if any good news come then we can see above $500 price up

We are headed towards a massive pump by around june 2016, I am afraid we are under the last chances to get sub 4 figure BTC's and it's only around 7 months away, so what im going to do is continue to buy BTC monthly hoping that the price stays under 4 figures for as long as possible so I can reach my goal.

BTC/USD price in Jan 2016 318 USD, in July 2016 340 USD. If you need BTC prices in other months, please PM, this is not a big problem.  ;)

I think btc price will go down further to 200 $ till January 2016 and after March 2016 it will rise again to touch 400 $ mark in July 2016

I see possible 500$around the end of Jenuary,why i will post in separete thread about Eu citzens bank accounts
Can be big chaos and yet another big scandal

i don't see this happening to be honest we are even increasing again right now at 336, the 300 wall is holding strong, no need to worry for a dump anymore, we are going up this time

My guess of the bitcoin price for January 2016 i think around $400 and for july maybe around $500 not much a difference but i don't expect a big jump in the next year.

January 2016 is not that far away so a targetted estimate of $400 USD from the present $330 seems viable to me
July 2016 is a peak period for various reasons a run up to $600 USD to $ 800 USD at halving is my guess.

January 2016 - $350-$400
July 2016 - $300 may be lower

Well that is just a high hope. Hope so too but I don't think will reach that.
Now the price is around $340,- for one Bitcoin. So maybe at the end of the years is at 350.
So me I am just hoping around  January - July 2016 like 500 - 1000 Bitcoin.
But I hope for more.

Do you think so? Why do you think it will lower?

I think that will just go up around 500 US dollars.

I hope that you are right with that. Yeah Bitcoin price now is around 340 USD so I think you are right that at Janaury 2016 will be at 400 USD.

Talking about July 2016 that is a high change that the price will be 600-800 USD if not I am just happy that is around 500 USd if it reach of course.

We saw that rise today! Out of nowhere! Like this we can rise past $500 in no time, so I will say $500 for January!

As for the July 2016, this is just before the halving! I am sure we will be at the new ATH by the halving, so $1,200+ in my opinion!

Yes $1k is the price that we are assuming for the year 2016 and I think we would reach there by the end of January and that is the hope that we all have and we want that atleast it should reach $800 or $900 then would be the good sign and a new hope for the bitcoins users as can afford to sell some bitcoins at that price and enjoy the profits.

if you believe the price will reach a new ath around or just after the block halving, then you surely have bought yourself a lot coins, haven't you? with the recent bull run to $500 we can reach practically any amount in a very short time.

I have bought what I feel comfortable buying and investing as soon as the price has went down under $250 in February! Right at that moment, the price was too good to be true for me. Granted, I was getting a bit worried when we spent next 8 months around these prices but it seems to me that we have finally started leaving these zones and moving up where we are supposed to be!

jan 385
july 515

I hope  ;D

"The sales agent told me tomorrow the price will go up $2000" everyone will hard to believe like you,but i guess everyone also hope this will really happen,so i just make a wish that sometime that will gonna happen,and i wish i had some bitcoin when it happen :D

No one actually can get it right, but if the price doubles as of now in july 2016 I can sell 50% of my stack and buy a house with that. God bless BitcoinBTC   :P

The price for Jan 2016 is $500. The price for July 2016 is $1200. The price rise is mainly due to block reward halving.

For you is few to tell "God bless Bitcoin". If you can buy a house using only half of your coins and only with the double of its actual price mean that you have a very wealth in bitcoin. So big amount of it. You may be one the whales (as it is told in an another thread for those who have big quantities of bitcoins). I have a curiosity. I am with bitcoin since three years and have not abandoned even one day the faith on it. But yet my amount of bitcoin is irrelevant. Some bad investments when its value was much fewer and some others lose in various websites. But even earned in some others way. But never in quantities which can be named satisfactorily. To close here: what have done to have such quantities? I doubt with mining because needed expensive hardware which must pay themselves. Or began the mining in the same time and with Satoshi?

I think it will rise at $400. Now , it's time to buy bitcoin. 2016 is coming and miners going up.

Cool story overall. I think Bitcoin price will be $350-500 range for first 2 months in 2016. After March we can see a new movement up to 600-700 range, but nothing more. In July we'll be in over $500.

Agreed. Seems like a natural, not forced price. Anything goes I guess but something around those values makes sense to me.

I think price will be around 600-700$ till new year 2016 and after that it will remain constant or slowly rise to 1000$+ till july 2016 before having occurs.

Well it would be literally impossible to predict even a price range for the time frame you specified, way too many variables. But since this is for fun, my guess is that the range will be between $300 and $600. All in all 2015 has been a good year for Bitcoin and I don't think we gonna see prices below $300 going into 2016.

Yeah that is good calculated I also think those values are making more sense than those who said "Yeah I t woll goes to 800 dollar than 1000 dollar"or somthing like that.
But I am just appy that Bitcoin price is now increasing :D

i think we should differentiate, from stable price and unstable price, in 2016 both will happen, nothing will prevent an unstable price of 5k-10k range, and at the same time we can have a stable price, after consolidation is reached, of 1k

I believe the price of the bitcoin will go up, it could go the same way it happened with you wanting to buy a house.

I think that if you believe that the bitcoin will grow you should invest in it and try not to wait too long.

My guess for the price of bitcoin for January 2016 and July 2016, I believe we'll be around $500 -$1000.

Of course I can't say this for sure but the way were looking at it, that's my best guess.