Bitcoin Forum

Economy => Speculation => Topic started by: carlos1111 on January 19, 2016, 04:26:22 PM



Title: Why Bitcoin price could hit all time highs in 2016
Post by: carlos1111 on January 19, 2016, 04:26:22 PM
Very interesting video, what do you think ?
http://www.coinvideos.net/download.php?v=lzm3cICY9xk


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: 2legit2 on February 16, 2016, 05:14:24 PM
Well halving will rise bitcoins price very, very high, it's 401$ now,  so i think it will be around 800$ after halving


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: randy8777 on February 16, 2016, 05:43:00 PM
we have seen the $500 price level being smashed down in november 2015 and our next real target will be $600. let's first see if we can manage to see $600 in the comming months before having a fantasy about a new ath.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: Pitchblackroom on February 16, 2016, 09:06:14 PM
we have seen the $500 price level being smashed down in november 2015 and our next real target will be $600. let's first see if we can manage to see $600 in the comming months before having a fantasy about a new ath.

Never hit that point according to coinmarketcap. 500$ was smashed back in 2013


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: romero121 on February 16, 2016, 11:09:09 PM
Well halving will rise bitcoins price very, very high, it's 401$ now,  so i think it will be around 800$ after halving

The price won't reach that high. This value depends on the halving. This year halving does't lead to a much variation in the price of bitcoin as it is experiencing gradual increase.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: cr7 on February 16, 2016, 11:21:34 PM
They said the same thing about the last year.

I see no reason for a new ATH in any foreseeable future


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: Ya-ing on February 16, 2016, 11:26:05 PM
Another thing to consider... is that when BTC price raises, most altcoins keep their bitcoin price, so it is pretty much the same to have money invested in altcoins instead of BTC.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: uki on February 16, 2016, 11:57:28 PM
Well halving will rise bitcoins price very, very high, it's 401$ now,  so i think it will be around 800$ after halving
$500-600 is the maximum level, if there is nothing else than halving happening this year. If we don't have some bitcoin-positive, fundamental developments then we may forget about going higher. There is simply not enough new money flowing into bitcoin to get that far, and I guess these who already bought under $400, or under $300 won't be adding more at $500+ levels.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: NorrisK on February 17, 2016, 07:21:24 AM
Well halving will rise bitcoins price very, very high, it's 401$ now,  so i think it will be around 800$ after halving

Stop thinking that halving of new supply will double the marketcap.. That is simply not true. The only way this could work is if everybodies bitcoins were also halved.

Remember that in the halving only the new coins are affected and not the previously released coins, which are the vast majority and which are still potentially available for sale after the halving.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: busybee7 on February 17, 2016, 03:42:04 PM
becouse of media, spreading bitcoins around wrold, so more people will want bitcoins, so price would go higher i think, not much but still


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: uki on February 18, 2016, 03:28:48 PM
becouse of media, spreading bitcoins around wrold, so more people will want bitcoins, so price would go higher i think, not much but still
in order for media to talk about bitcoin you need some fundamental developments that would help to spread the adoption. Blockhalving is not the event of that kind. It is interesting for people who already are in the Bitcoin ecosystem, but not to attract new people.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: makingwin1 on March 01, 2016, 09:24:21 AM
i think halving will change price, but not like everyone says to 1000$ or more, that's dumb, in best scenario, it will go to 650$ not more, and only if price will rise before halving


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: romero121 on March 01, 2016, 10:27:32 AM
This year halving is gonna take place, just because of that it is expected to hit the highest value of Bitcoin. But most probably this year's price won't be the highest because already over the past years it has crossed 1500 dollars.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: rekinthis on March 19, 2016, 02:26:51 PM
Well halving will rise bitcoins price very, very high, it's 401$ now,  so i think it will be around 800$ after halving

800$? Too much, won't happen, it will be up to 700$ at best case,  some people even think that price will rise to 1000$ or more but price is just too large,

Anyway i wait for halving, and if price will rise by 50$ atleast i will be happy


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: gerXhonza on March 19, 2016, 02:56:56 PM
Well halving will rise bitcoins price very, very high, it's 401$ now,  so i think it will be around 800$ after halving

800$? Too much, won't happen, it will be up to 700$ at best case,  some people even think that price will rise to 1000$ or more but price is just too large,

Anyway i wait for halving, and if price will rise by 50$ atleast i will be happy

yes we cannot expect too high price as halving will not take the price to moon, but anything around $800 would be good to see and many of us would be satisfied with that price.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: r0ach on March 19, 2016, 03:02:15 PM
All these low post count posters are just spam shill accounts for banks.  Notice they're all like "halving won't do anything to price it will go down!"


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: Meuh6879 on March 19, 2016, 07:29:13 PM
Quote
Very interesting video, what do you think ?

Or ... because Bitcoin network have NO CIRCUIT BREAKER to halt the price. http://imagizer.imageshack.us/a/img908/3342/FejFyR.gif




















Trusted Network.



http://imagizer.imageshack.us/a/img538/6333/hIG4U5.gif


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: abercrombie on March 19, 2016, 08:57:27 PM
Miners are dumping about 4k newly minted coins daily on the exchanges to pay off expenses.  

Provided that demand remains the same, and only half that is dumped post July, the math suggests a price increase.

http://smileys.chatsmileys.de/sm_abo_11-12_paper-moon-boy-ani.gif


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: martinacar on March 19, 2016, 11:37:41 PM
Miners are dumping about 4k newly minted coins daily on the exchanges to pay off expenses. 

Provided that demand remains the same, and only half that is dumped post July, the math suggests a price increase.

http://smileys.chatsmileys.de/sm_abo_11-12_paper-moon-boy-ani.gif

The halving is no guarantee for a price decrease. Just look back at the last halving. And you will see most of the time the price stays the same.
My bet is this halving the price will increase, not because of the halving but because of new money coming in.

Wall Street, China, there are plenty of parties looking towards bitcoins these days.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: trenchflaint on March 20, 2016, 07:29:01 AM
Miners are dumping about 4k newly minted coins daily on the exchanges to pay off expenses. 

Provided that demand remains the same, and only half that is dumped post July, the math suggests a price increase.

http://smileys.chatsmileys.de/sm_abo_11-12_paper-moon-boy-ani.gif

The halving is no guarantee for a price decrease. Just look back at the last halving. And you will see most of the time the price stays the same.
My bet is this halving the price will increase, not because of the halving but because of new money coming in.

Wall Street, China, there are plenty of parties looking towards bitcoins these days.

Halving will bring price hike but certainly not that much maybe a few dollars or a hundred,certainly new user of bitcoin are constantly coming every day and its making the price high.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: uki on March 20, 2016, 07:36:18 AM
Miners are dumping about 4k newly minted coins daily on the exchanges to pay off expenses. 

Provided that demand remains the same, and only half that is dumped post July, the math suggests a price increase.

http://smileys.chatsmileys.de/sm_abo_11-12_paper-moon-boy-ani.gif

The halving is no guarantee for a price decrease. Just look back at the last halving. And you will see most of the time the price stays the same.
My bet is this halving the price will increase, not because of the halving but because of new money coming in.

Wall Street, China, there are plenty of parties looking towards bitcoins these days.
I agree that you need the new money to flow into Bitcoin to start moving the price up. I am sceptical however if the new money is willing to risk that. What, apart from halving, would attract new money? We do not have new fundamental developments for a longer whiile now.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: Mobius on March 20, 2016, 08:38:12 AM
Without the willy bot, we can finally get an indication to what a halving will do to the BTC price. The landscape is VERY different to back in 2013 - in particular, there is no longer a central exchange like Mt Gox.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: HarryKPeters on March 21, 2016, 11:05:42 AM
Miners are dumping about 4k newly minted coins daily on the exchanges to pay off expenses. 

Provided that demand remains the same, and only half that is dumped post July, the math suggests a price increase.

http://smileys.chatsmileys.de/sm_abo_11-12_paper-moon-boy-ani.gif

The halving is no guarantee for a price decrease. Just look back at the last halving. And you will see most of the time the price stays the same.
My bet is this halving the price will increase, not because of the halving but because of new money coming in.

Wall Street, China, there are plenty of parties looking towards bitcoins these days.
I agree that you need the new money to flow into Bitcoin to start moving the price up. I am sceptical however if the new money is willing to risk that. What, apart from halving, would attract new money? We do not have new fundamental developments for a longer whiile now.
That is really hard to say. Because you never know what will happen in the future and that is the problem. Of course we all hope that it will be more worth.
But you are not sure if that can happen and that it will rise for a long time. It is a currency and that is impossible to predict.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: randy8777 on March 21, 2016, 11:19:35 AM
Without the willy bot, we can finally get an indication to what a halving will do to the BTC price. The landscape is VERY different to back in 2013 - in particular, there is no longer a central exchange like Mt Gox.

you are right, willy the bot is gone. but don't forget we still have okcoin and huobi that will perform some nice tricks in order to get the price to peak. just wait for it.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: armansolis593 on March 21, 2016, 12:05:39 PM
Without the willy bot, we can finally get an indication to what a halving will do to the BTC price. The landscape is VERY different to back in 2013 - in particular, there is no longer a central exchange like Mt Gox.

you are right, willy the bot is gone. but don't forget we still have okcoin and huobi that will perform some nice tricks in order to get the price to peak. just wait for it.


I wonder what those those will do with the coming halving,willy has been great to few who has join its ride hitting 1k+ bitcoin.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: gerXhonza on March 21, 2016, 12:12:09 PM
Without the willy bot, we can finally get an indication to what a halving will do to the BTC price. The landscape is VERY different to back in 2013 - in particular, there is no longer a central exchange like Mt Gox.

you are right, willy the bot is gone. but don't forget we still have okcoin and huobi that will perform some nice tricks in order to get the price to peak. just wait for it.

Yeah it is predicted that it will reach $1k by the end of the year, if it reaches there then majority us would be very happy to see that price.


I wonder what those those will do with the coming halving,willy has been great to few who has join its ride hitting 1k+ bitcoin.



Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: fravia on March 21, 2016, 12:39:01 PM
Well halving will rise bitcoins price very, very high, it's 401$ now,  so i think it will be around 800$ after halving

The price won't reach that high. This value depends on the halving. This year halving does't lead to a much variation in the price of bitcoin as it is experiencing gradual increase.

i agree, also price can't rise so high just because of halving, china won't rise price too, halving can make price go to 800$ only if we would have huge price before halving, like 600$, which i'm sure won't happen this year, so after halving price will be 550$ or even lower


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: benmartin613 on March 21, 2016, 05:20:16 PM
Without the willy bot, we can finally get an indication to what a halving will do to the BTC price. The landscape is VERY different to back in 2013 - in particular, there is no longer a central exchange like Mt Gox.

you are right, willy the bot is gone. but don't forget we still have okcoin and huobi that will perform some nice tricks in order to get the price to peak. just wait for it.

Yeah it is predicted that it will reach $1k by the end of the year, if it reaches there then majority us would be very happy to see that price.


I wonder what those those will do with the coming halving,willy has been great to few who has join its ride hitting 1k+ bitcoin.


These coming halving will surely be fun to watch as this is not the same as few years back when there are bots running around the exchangers.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: OrangeII on March 21, 2016, 05:30:10 PM
because so many news and issues that could make bitcoin prices to be high, and if it is true then it will make bitcoin high prices become a reality, so it is our hope in 2016


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: Thaliron on March 22, 2016, 09:17:30 AM
It should hit $600 in the near future I think it's only a matter of time. It's now at $400. Bitcoin is getting more and more popular. Many people see the opportunities that it can give you.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: Oscoda on March 22, 2016, 10:29:38 AM
You never know what the value will be in the future and that is the problem. I hope that it will be more worth and that we can sell it with some good profit.
But that is really hard to predict because you never know what will happen and that is very bad.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: Asdereq on March 22, 2016, 10:33:48 AM
It should hit $600 in the near future I think it's only a matter of time. It's now at $400. 

I and everybody here hope so.
That is true that its hard to predict price but you can check the trend and maybe predict a changes in nearest future :)
If it goes up and down you can check highest and lowest prices, connect them and see the trend.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: hasiramasenju on March 22, 2016, 03:25:45 PM
everyday we are more closer to halving but seems bitcoin prices movement looks very slow and i'm so doubt the prices will more increases after halving


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: romero121 on March 22, 2016, 03:29:03 PM
As the halving is scheduled to take place in this year, 2016 is considered to be the year to hit the highest price of all time. Most speculations indicate the price might reach upto $800.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: talks_cheep on March 22, 2016, 08:16:26 PM
As the halving is scheduled to take place in this year, 2016 is considered to be the year to hit the highest price of all time. Most speculations indicate the price might reach upto $800.

I believe ATH was 1250 at the end of 2013. The price was, it is thought, wildly inflated due to MtGox and karpeles shenanigans. 380-420 is an organic price range. We will stay here for a long time to come, it is good for bitcoin.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: bakingbad on March 22, 2016, 09:45:22 PM
everyday we are more closer to halving but seems bitcoin prices movement looks very slow and i'm so doubt the prices will more increases after halving
its still a really long time to go to be honest and the price increase will hit only a few days before halving in my opinion

people are still really careful right now as they are not sure whether the price will grow or not so they dont want to risk their money


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: Herbert2020 on March 23, 2016, 06:07:49 AM
there are many reasons that can lead to price rise, the best one is more adoption that is growing everyday.

but about the 2016 rise i think the major reason is going to be the halving and the expectation that it has created among the investors for price rise.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: Redkan on March 28, 2016, 07:32:31 PM
It depends on the halving and the block size increase. Halving can drive the price to $700. The block size increase could drive it to $1300.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: n691309 on March 28, 2016, 08:12:57 PM
It depends on the halving and the block size increase. Halving can drive the price to $700. The block size increase could drive it to $1300.

I think that with the inceasing of the block size bitcoin price can hit another level because there will be more transaction and will be a space to be integrated by bigger companies like Amazon, ebay which can bring lots of bitcoin users.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: mrhelpful on March 28, 2016, 08:24:54 PM
Without the willy bot, we can finally get an indication to what a halving will do to the BTC price. The landscape is VERY different to back in 2013 - in particular, there is no longer a central exchange like Mt Gox.

you are right, willy the bot is gone. but don't forget we still have okcoin and huobi that will perform some nice tricks in order to get the price to peak. just wait for it.

Just know that it doesnt take much to manipulate your own exchange lol.

If the exchange is big enough, they can submit their own buy orders internally pumping its value and sell it off in small increments to level each year like companies buy back their stock.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: richardsNY on March 28, 2016, 09:04:20 PM
It depends on the halving and the block size increase. Halving can drive the price to $700. The block size increase could drive it to $1300.

How did you even come up with these numbers? I think if we manage to stay above $600 then it can be considered a great achievement. Everything above that is a nice extra bonus for all of us. It will be a real challenge to see the price reach $1000 again as there will be a lot selling pressure created by whales to prevent it from touching the $1000 price level.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: mikewillda on April 05, 2016, 04:43:57 PM
there are many reasons that can lead to price rise, the best one is more adoption that is growing everyday.

but about the 2016 rise i think the major reason is going to be the halving and the expectation that it has created among the investors for price rise.

The adoption is growing at the moment. I start more buying with bitcoin now. I also make little bit through signature.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: KennyR on April 06, 2016, 03:33:32 AM
there are many reasons that can lead to price rise, the best one is more adoption that is growing everyday.

but about the 2016 rise i think the major reason is going to be the halving and the expectation that it has created among the investors for price rise.

The adoption is growing at the moment. I start more buying with bitcoin now. I also make little bit through signature.

The adoption of bitcoin has increased than the past. The best part is the halving, only based on comparison with last time halving bitcoin price is speculated by most users as the highest of all time on 2016.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: n0ne on April 06, 2016, 02:52:04 PM
there are many reasons that can lead to price rise, the best one is more adoption that is growing everyday.

but about the 2016 rise i think the major reason is going to be the halving and the expectation that it has created among the investors for price rise.

The adoption is growing at the moment. I start more buying with bitcoin now. I also make little bit through signature.

Truly now more users have come into bitcoin community. This could surely make bitcoin grow high as well due to halving this year might be one among the best years of bitcoin.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: jt byte on April 06, 2016, 03:27:26 PM
Well this is explainable simply, the halving is coming this year and that would most likely give the bitcoin a huge boost if everything goes well.
Another thing is that the numbers of users and stores are also growing so if you combine these thins together, it will create a huge boost to the bitcoin.
People have faith in the bitcoin again, they are believing fully again in it.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: maokoto on April 06, 2016, 08:39:01 PM
But... if price raise due to the halving is so certain...Why is it that it does not rise right now? If everybody knew that a certain item price will double at a certain point, Would not that people buy right here, right now? Perhaps the raise we already saw from 200 something to 400 is already the "halving" price?


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: crairezx20 on April 06, 2016, 09:53:43 PM
Well this is explainable simply, the halving is coming this year and that would most likely give the bitcoin a huge boost if everything goes well.
Another thing is that the numbers of users and stores are also growing so if you combine these thins together, it will create a huge boost to the bitcoin.
People have faith in the bitcoin again, they are believing fully again in it.
Yeah thats true bitcoin will boost much more in this year after halving and some store accepting bitcoin as payment each of every country will happen in this year.. and i read some news in our country that some store can accept bitcoin as payment if the government accept this kind of money in our industry..


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: pooya87 on April 07, 2016, 04:55:36 AM
Well this is explainable simply, the halving is coming this year and that would most likely give the bitcoin a huge boost if everything goes well.
Another thing is that the numbers of users and stores are also growing so if you combine these thins together, it will create a huge boost to the bitcoin.
People have faith in the bitcoin again, they are believing fully again in it.
Yeah thats true bitcoin will boost much more in this year after halving and some store accepting bitcoin as payment each of every country will happen in this year.. and i read some news in our country that some store can accept bitcoin as payment if the government accept this kind of money in our industry..

i am mostly waiting for Steam to start accepting bitcoin. it is not exactly the biggest event but i am sure it is going to be big. since the gaming community and all those users buying games may not have credit card (because of their age) or don't want to use their credit cards in steam. so they can easily use bitcoin instead.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: Herbert2020 on April 07, 2016, 08:42:26 AM
It depends on the halving and the block size increase. Halving can drive the price to $700. The block size increase could drive it to $1300.

How did you even come up with these numbers? I think if we manage to stay above $600 then it can be considered a great achievement. Everything above that is a nice extra bonus for all of us. It will be a real challenge to see the price reach $1000 again as there will be a lot selling pressure created by whales to prevent it from touching the $1000 price level.

why the last part? it is exactly the opposite. the whales would want the price to go to $1000 and above more than you and me, for every 1BTC we have whales have 100 so if we gain $600 profit they earn $60,000 you still think whales will put sell pressure to prevent the rise?!!


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: mikewillda on April 07, 2016, 11:31:03 AM
There are several reasons, the bitcoin block size will be increased later this year, the block reward will also be halved.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: co5hike on April 07, 2016, 11:40:15 AM
There are several reasons, the bitcoin block size will be increased later this year, the block reward will also be halved.
Yeah  that is right and we have opportunity to see all time high price in this year becuase of the upcoming events that we have in this year which will lead to higher price by the end of the year.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: BTCLovingDude on April 07, 2016, 12:01:08 PM
There are several reasons, the bitcoin block size will be increased later this year, the block reward will also be halved.
Yeah  that is right and we have opportunity to see all time high price in this year becuase of the upcoming events that we have in this year which will lead to higher price by the end of the year.

i just want to add that raising the block size has nothing to do with the price. although if the block size changes and the battle ends then the news can cause investors to start buying before they miss out, so the price can rise.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: iv4n on April 07, 2016, 01:19:49 PM
Could hit all time highs is possible of course. Big question is when?
This is nice video, very optimistic. He presented some information and based on that he made this kind of prediction. I believe more in what some people say here about halving, and I see lot of comments about that price is already doubled. Its very hard to predict what will happen after halving, so as a gambler I give chance to everything. Bigger chance smaller odd and smaller chance bigger odd normally.
I will be satisfied with constant and slow rise. Everything will come with the time, just take it easy.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: 0day on April 07, 2016, 05:50:22 PM
Because there is a news inituated in the favor of bitcoin in this year, that in this year(2016) halving will occur and it will have a good effect on its price, so people have a believe that the price will increase and in that way people are not going to sell their bitcoins on low price, and also the demand for bitcoin increased.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: mikewillda on April 14, 2016, 08:12:24 AM
Because there is a news inituated in the favor of bitcoin in this year, that in this year(2016) halving will occur and it will have a good effect on its price, so people have a believe that the price will increase and in that way people are not going to sell their bitcoins on low price, and also the demand for bitcoin increased.

Halving will reduce the pressure of dump from the miners. The block size increase will help the mass adoption.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: romero121 on April 14, 2016, 02:11:52 PM
There are several reasons, the bitcoin block size will be increased later this year, the block reward will also be halved.
Yeah  that is right and we have opportunity to see all time high price in this year becuase of the upcoming events that we have in this year which will lead to higher price by the end of the year.

With all time high price expectation, most has speculated 2016 to be the year of bitcoin. But I don't think that the price would go high than the price of last time halving.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: mikewillda on April 15, 2016, 08:20:42 PM
There are several reasons, the bitcoin block size will be increased later this year, the block reward will also be halved.
Yeah  that is right and we have opportunity to see all time high price in this year becuase of the upcoming events that we have in this year which will lead to higher price by the end of the year.

With all time high price expectation, most has speculated 2016 to be the year of bitcoin. But I don't think that the price would go high than the price of last time halving.

The peak of 2013, when it is the year after the halving, the price was about $1200. This year, the price will be higher than that.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: Redkan on April 19, 2016, 01:45:50 PM
There are several reasons, the bitcoin block size will be increased later this year, the block reward will also be halved.
Yeah  that is right and we have opportunity to see all time high price in this year becuase of the upcoming events that we have in this year which will lead to higher price by the end of the year.

With all time high price expectation, most has speculated 2016 to be the year of bitcoin. But I don't think that the price would go high than the price of last time halving.

The peak of 2013, when it is the year after the halving, the price was about $1200. This year, the price will be higher than that.

This year, more people will know about bitcoin. The transaction size will also increase a lot this year.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: 7788bitcoin on April 19, 2016, 01:57:27 PM
A lot of people have heard about bitcoin but only know about the "dark side" of it, such as black market or drugs or even terrorism... These negative news have stop many to even go deeper to understand what bitcoin really is.

I think we will hear more and more news about bitcoin. The price is going to break the all time highs but the chance is still low in 2016, even with the reward halving-- the blocksize issue is suppressing the growth...


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: mikewillda on April 21, 2016, 11:36:47 AM
A lot of people have heard about bitcoin but only know about the "dark side" of it, such as black market or drugs or even terrorism... These negative news have stop many to even go deeper to understand what bitcoin really is.

I think we will hear more and more news about bitcoin. The price is going to break the all time highs but the chance is still low in 2016, even with the reward halving-- the blocksize issue is suppressing the growth...

For the time being, most of the news about bitcoin is positive. Most of the criminals related to bitcoin are arrested.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: virasog on April 26, 2016, 08:00:52 PM
If the bitcoin hit the all time high, then the price will be over $1200. That is just three times of present value. So it is possible.


Title: Re: Why Bitcoin price could hit all time highs in 2016
Post by: sishendaoye on April 26, 2016, 11:34:03 PM
If the bitcoin hit the all time high, then the price will be over $1200. That is just three times of present value. So it is possible.

Of course its possible, this is all because of the halving that is coming this year, because of the halving of the block size it will be possible for sure.
I think there is a good chance that the price is gonna rise to a higher amount with the bitcoin and it will hit this record height, I really believe in it!