Bitcoin Forum

700 900 3k 4k lol al that speculation

I don't think it will ever hit 3k but 1k 2017/2018 is possible

We'll hit 1K by end of this year, 2016.

One caveat: my predictions have ALL been wrong, so far.

your topic is no better than the rest that you are criticizing about! this is yet another pointless spam without any real speculation and only a "number" that you "think" looks good for your purposes.

I am also surprised when i read this speculation, because in this year, no chance, but within next 2 years, may be something good with bitcoin price, but i always say that we should keep in mind that bitcoin will never go to increase may be it will down continuously, just like exchange hacked, some bad incident would be happened again in future and again damage the bitcoin price.   

Well, the price did go up by 30$ in short time and seems like it is not coming back down so we may very well see some big numbers in the future, I think.

We should really not expect that it would rise directly without any price dips since we dont know  the price on upcoming days and  months and  it does affect on those  circumstances and things  that might affect bitcoins price thats why  we  experience rise and lows on price.  Speculations are  just hopes  of all bitcoin users , i admit that all  holders  are aiming  on the same thing which is  bitcoins high price.

This is the start of the uptrend so expect it to just go up and not down until the next bad news in the bitcoin world happens.

If you think 1k is possible in the next year or two then why don't you think 3k or 4k like ever?
It all depends on user adoption, I think 1 million USD predictions are a bit stupid but 3 or 4k is certainly realistic, maybe within 10 years.

It will be over speculation, however $800 to $900 price range seem possible by end of this year or early month of next year. However if there will be any event like bitfinex hack, than traders will again start to short due to fear of hacked bitcoin coming into market.

eventually it will come true.     

I think there's still a reasonable chance for the price to reach ~$5000 by Q4 2016.

1k mid 2017 is very possible. In fact, I think we might hit 1.5k by the next halving.

Honestly we would be in the 1k+ area by now or by November if the Bitfinex hack didn't happen.

Next halving will be after almost 4 years from now, so price may even hit $2k by that time or even higher. Yes it is quite sure that if bitfinex didn't have got hacked recently we may have already crossed $1k by now.

Next halving is in 2020 my friend.
$1500 at that time would be a bit disappointing imo.
From first official listing ($0.07) to first halving we gained over 17100%!! From there to second halving we gained over 5200%!!!
And from here($635 on halving day) to next halving in 2020 and a price of $1500 would mean we only gained 236% in 4 years.
I'm hoping for a bit more to be honest!

your prediction will be wrong this time too. I am sure bitcoin price wont go up to 1k$.

yes. you'll may see some big numbers in futur. but not that early that OP Talking. a small movement in price is a usual thing.


but sadly it happened and now we are stuck in 600$ again. need to earn those peoples trust again (or thay may still trust but after that big lose they cant afford to buy again)

It's impossible that bitcoin does not hit at least 50k during the next 10 years, so sooner or later the rise has to start and 600 is nothing, we'll be at 1k new floor soon.

Bitcoin price reached $1000 in 2017 it's possible thing we can dreaming, i just have a little stupid thinking if i$1000 why not in the future bitcoin can't reach.

Yeah $1k is a very realistic prices to achieved in 2017/2018. I think this will really happen. but anyone would not think sometimes bitcoin prices can rise very high. but do not expect high. $1k are priced very reasonably high, because to achieve it takes a long time.

Yeah but we'd have to go over 10 times that to get to $1,000. And that just isn't going to happen this year, unless some big whales start buying or the zombie apocalypse happens.  And in the latter case I'll be in my bunker watching dirty movies.

In 2028, less than $4k means miners lose money.  Be prepared to have your mind fucken blown away in 2032 ;).

Bitcoin may surprise us at any time. I am expecting some wall street investors to turn their head towards bitcoin. But before that bitcoin has to proof itself by having some hundreds of billions as it's market cap. Yes, only initial push is still needed.

I think you are ready for the ignore button, $5k in the next 3 months is beyond stupid. However, I expect a new all time high before the years end.

Dude one day comes that price is around $6000 per coin if bitcoin stay the same with out any changing in the code of course because when something changes people start to having doubts and that is not good for trust.
But yes really price eventually goes sky high.

It will eventually go sky-high once the rest of the world gets fed up with the financial system and they start to accept Bitcoin more compared to every other currency throughout the world, and that would only be achieved through the elimination of everyone's bank accounts and the funds within them (or at least a good portion, for some reason, such as government financial bailout). If something like that happens, expect for a LOT of people to start using alternative forms of payment exactly like Bitcoin.

Well, people scoffed and lol'ed back in the day when others speculated bitcoin price would reach such ridiculous highs of  $1, $10, $100, etc.

$5000 to happen this year is indeed beyond insane, but a new ATH this year isn't that realistic either... It would mean that the price needs to go up like 100% while I don't even believe the price will come close to $1000 this year.

It's hard to predict the price of bitcoin because bitcoin's value is pretty much based on demand and supply. We can keep arguing based on past price movements but that can't help to give an accurate prediction. But, generally speaking we can expect new users to adopt bitcoin and this gives hope for price hike. But at the same time, unexpected bad news such as hacks, rules and regulations, etc can bring down the price.

There are people who would like to bring down bitcoin at any cost and I think they will use any opportunity they get.

And about price movement based on the charts, it's healthy for bitcoin to get a correction from 1200 to 500 to 600 and now consolidating and waiting for another move. because if the price goes up with out a correction, it's deemed as bad as it can come crashing down in the same manner making bitcoin difficult to be adopted by more people as a means of exchange.

 

If you would ask anyone in 2010, 2011, and 2012 if bitcoin will ever hit $1000 you would got one answer - it is not possible.
And in 2013 we hit $1100. Never say that something about bitcoin is not possible.

some prices are still stupid to say, for example those who say 10K and all that high prices are only throwing in the dark. but i agree that anything is possible as long as it is in a logical world that we live in.

Four short years ago people said the exact same thing about $100, let alone anything higher. Look what's in place now in terms of infrastructure compared to back then.

Having said that 100 or 1000 can be achieved by a few thousand nutters with some passion. Beyond that it needs some real people to pile in and keep piling in. I can't see many signs of that on the horizon.

There is really no limit on where the price will go. It could take 20 years, but I don't think $5000 per bitcoin is impossible. In fact, we've already seen the price go over $1000 a couple of years ago.

back then there were much less coins in circulation, plus there was a massive amount of hype as bitcoin made it to news channels world wide. the rising price attracted so many yolo investors that the price kept going up till the bubble exploded. don't forget the mtgox bots that were constantly buying up the price. we don't have all that right now.

I think this time the movement is very good and fast. the last few weeks bitcoin prices increased by 50 USD.
bitcoin now be in a position 630 USD. I'm sure at the end of the month bitcoin prices could be above 700 USD.
and the closing price at the end of the year is a 1K USD.

I would agree with you if not for the halving that just occurred. Because of that, don't assume more of the same.

you guys dropped a zero or 3.    

seriously, by the next halving, bitcoin shouldn't be anywhere near the $2000 range.

completely ridiculous to expect such a slow rise.

You guys need to stop thinking with your feelings, and start thinking mathematically.

Seriously you guys analyze like woman.


that's because they keep thinking with what they 'feel' is right, instead of actually doing the math.

stop 'thinking' with your feelings.


exactly, and when that happened the ATH before that was like $260 or so, and it was even like $30 in that very same year.

And then people call me retarded because they don't believe it will eventually happen again.

All while saying 'bitcoin will rise slowly, and in the next 10 years we will reach $2000'    

BITCOIN HAS NEVER INCREASED IN PRICE SLOWLY, WHY WOULD IT DO SO NOW. Seriously, look at the charts and show me one time we have reached the ATH by a slow rise.

Bitcoin has about 3 modes which it has historically shown:

1) Rocket, a few months of accelerating price increase. Which always result in prices that seems ridiculous just a few months before.
2) Fall. Usually a few months after 'rocket' mode, a sharp decrease in price, often followed by a few weeks of volatility.
3) Sideways. Long periods in between the above two modes, where the price doesn't increase or decrease by a lot.

We seem to be transitioning from mode 3 to mode 1.

so much speculation that people say, but the price I wait for the moment is when the bitcoin prices rose to $ 1,000, and it would be very good if bitcoin prices rise when the end of this year. most likely it will make a very significant impact in subsequent years. but, whatever was said, we can only see the end at the end of the year

$5k price of bitcoin is  truly insane and  too unrealistic speculation. Thats hwy we are in these  thread of  Speculation to state our opinion but its not right  to say something thats  beyond too far to happen. As we can see the bitcoin price as of on it even  can hardly surpass $700+ how much more on $5k on the end of the year which is  really unbelievable.

There are plenty of these kind of topics here. I have to say it make no sense to even think of such a figure while we win fact just encountered a huge drawback.
The price at this moment will become more stable because with the next halving so long away I don't expect any miracles in this regard.

$1000 for Bitcoin is 2013 was insane as well. I doubt that we will see any dramatic price shift until next halving in 2020.
Bitcoin would be sitting stable on $700 if not that Bitfinex hack.

yeah but that was fake, was made artificially high with a scam system and a bot, from chinese, i don't think it's that easy to reach 5k, which is x5 higher than the last ath

The way the price reached the all time high back then so easily, has made a lot people think it's possible to happen once again.

They don't know how much money and effort is needed to get the price to reach $1000 again.

It's much better to focus on the price to increase per $100 at a time instead of directly speaking of a new all time high.

Earlier this year, we were expecting price to reach @1000 or more. but it did not happen. So now in just 2 months how can bitcoin price can reach to $5000. I think if it reaches $800, it will be good.

sigh

https://bitcointalk.org/index.php?topic=1529963.msg16217771#msg16217771

What sigh... Is it not clear enough what I have said or do you think I am totally off side with what I was saying?

An explanation would be nice since I am quite right with what I have said.

sigh because you guys keep repeating the same false logic over and over.

yes, we need more dollars for the price to increase the more bitcoin there are, and the higher the price is, the harder it becomes for it to go even higher.

But what you are forgetting is that userbases tend to grow exponentially, as shown in the post I linked.

Look at the adoption of ANYTHING and you will see exponential adoption.

And that effect only gets magnified by Metcalfe's Law https://en.wikipedia.org/wiki/Metcalfe%27s_law

Because of these two things, you'd expect the price to rise as an exponential function of an exponential function, which is exactly how the price has risen in the past, each and every time.

And it will continue to do so until we have reached the ceiling of user adoption, and as far as 'm concerned, we're not even close to the ceiling. As I expect bitcoin to be used by at least about a billion users. So we have a long way to go still, and it won't take decades to reach it.

the price of the bitcoin for now is 609 dollar and i think that he only will rise allot after the halving and that is not strange because the halving only affects the miners and not the peopel who are sellign coins.

I want the price of the Bitcoin to reach $1000 soon because I am looking forward to sell some of mine Bitcoin for that price. I hope that the Bitcoin can still rise in 2016.
If not then we have to wait for 2017 to come by and see what then is going to happen.

I really thought that it was possible for the bitcoin to rise to $1000 this year but it has not happened and we do not have much time left in 2016.
I do not think that it will happen with in 2016 but it will happen in 2017.

as you say, I agree $1k in 2017/2018 because I think $1k is a realistic price and the price ever touch $1k, so it is likely touch back to $1k and it's possible. while $3k or higher it appears unrealistic and difficult to achieve.

Me too i think  next year or in the next will hit 1k per bitcoin but now the price is playing at 600$-650$ its too stable. So i think before the end of the year bitcoin goes up. But the 3k price its hard to hit that maybe in the next 5years before bitcoin hit that price. So we will wait that time to hit bitcoin price til 1k. Hope it will happen next year for we to get profit.

yes i also think so that bitcoin will really cross 1k  but not so late, hope that bitcoin is going to cross 1000 USD level just in the end of 2016 or in the starting months of 2017.

Lol this is speculation thread, what would you expect?  No need to argue here because all speculation is wrong until proven or vice versa.  Anyway I agree that there is a mass adoption of bitcoin so seeing 100 USD is far from happening.  But seeing Bitcoin at 1k USD is far from happening too.  Though both would possibly happen, but it depends on what will happen next.

1k value is more possible to happen than the 3k value .. maybe in the future but it takes a long time before we can experience that bitcoin will hit 3k value.. for now we are waiting for the price to hit even 700 value before end of the this year and 2017 is a new price goal like 1k value..

People have right to wish and believe, I wouldn`t say that bitcoin can`t reach 3 000 $ price. For me that is possible to happen one day. I know what is realistic point of view, but I like optimistic people. Also if we come to 1 k, then next logical step is 1.5 k, then 2. Price will rise until bitcoin find it places in global economy, for now its too early to say anything except that bitcoin is on a good way with a lot of potential to do great things.
I hope we can make to 1 k before new years evening, and then next year will be very interesting for many people who are into bitcoin and for people who still thinking about it, 1 000 $ will be very tempting for many people.

I can almost guarantee that it will reach 1000$ in 2017 but the problem is that people are too nervous and once they see even a 1$ decrease they get worried and dump coins, so the price decreases even more. Please guys have faith in bitcoins and don't sell the soon, think about the people who bought for 0.01 $ per btc and they must be upset if they sold at 1$ per btc.

I wonder how can you guarantee bitcoin reaching 1000 USD.  I bet  you are super rich or holds almost 1/3 of existing bitcoin.  Anyway speculation are also accompanied by worries too because as an investor and have an speculation of bitcoin going to 1k USD in the next months and he buy in at 640 USD, we can't deny the fact that there is also a possibility of bitcoin going down to 400 USD.  And he already lost some of his investment if that happen.

we only can make predict about the price of bitcoin, but the rest is depend on the market, will it be up or get down. if we take a look in last year, the price is suddenly drop into bottom and its on that price for a long time until almost of middle of this year. so, i think better we take our profit first before its go down and we only regret it.

4k is way too far from the current price now and I think it is not possible for this and next year (if nothing huge happens), but I think that 1k target is not far (+38% of the price) even though it is a bit far it is not as far as 4k.

Yes, expecting 5000$ is a bit too optimistic though it might reach that price in coming years for sure.
But, yes even 800$ is less, when we know the year's end is there so people would be buying a lot of bitcoins and hence the price is expected to go up and up only, maybe it could test around $1000 price levels too.

Yes, no as you can see the price is getting higher and higher, I hope the price soon touches 700$ and hence making people more happy and gaining more trust, because there are still some greedy people who think the price of bitcoins will go below 500$ and waiting for that time to buy. That may happen only in their dreams.

When I first opened the thread with that title,I expected something int eresting/surprising inside.To question my excitemnet I even checked the bitcoin price.Disappointed by the content here,move on,nothing special here.Just another lame speculation thread

Yes we all expecting this because of the halving that was upcoming but it never really happened, 5000 dollar is just a insane number and will maybe even never be reached honestly.

900usd till next year could be possible,and by the 2020 5000usd is for real. Cause another halving will occur on that year.

It is possible for bitcoin to increase it;s price up to $900 till the end of December.  But I think it is safer to say bitcoin at $800  because of the current happening around bitcoin.  Not much of positive news that can push bitcoin price and create a bubble, nor a bad press that can pull Bitcoin price down to sub 500.

Bitcoins have crossed 1000$ mark many a times (but all in 2013 around in one rally), and if you notice one thing with bitcoins that once it reaches a certain mark it surely touche it again in coming days, so sit tight an do not sell your precious coins too soon because then you will just left with regret.

That's good prediction that in that year bitcoin will be at the range of price it's really big when we are comparing into last year's prices and this prediction is really quite good enough me to believe anyways can you do some proof ? where did you get your source?

Bitcoin's price can jump from 600's to 1000's in a few days if there is a huge buyer. It can also go 600>400 very fast. It all depends on the news. People first run to buy cash, if they can't do it, they will go for gold or bitcoin. If the WWIII pops up, immigrants will buy every Bitcoin  they can.

In most of my comments I wrote that I expect price to be around 1000 dollars before new year. We both agree about it, and for me there is some funny predictions, or to say unrealistic. There will always be pessimistic and optimistic people around.
Little more then two months left until the new year, we don`t need to wait long to see how right we were. We still have good odds for this to happen, and I will not feel bad if we come "just to 900 dollars".

Its not  shocking anymore hence people  do always  speculate on bitcoins price in every year or in  future but some  speculations are  just too good to be true  when  bitcoin would able to reach that  price  those  thousands bracket  on the price seems to unrealistic how  much more on  some  who speculated that it would rose  to $1m. lol

I also read those  kind  of   thread which they are  speculating too  much price on  bitcoin which is  really insane to consider. It would really need massive adoption  in able  for bitcoins price  would  rose  up enourmously on the future. For this year  my prediction would  be  only $600-750 price which is  already acceptable   because  as  we can see on the current price of bitcoin its  only moving  gradually.

You might see that price in late November or early December since I hve been told by some friends that during that time the price will suddenly rise to 900-1000$ and then gradually decrease and get stabilized around 900$ for 2-3 months, though I am not sure 100%.

you can always open google and search for bitcoin price chart or history and see that.

but anyways, it is not related to the current price and that will never ever happen again. you can only expect the same thing with altcoins now and we can already see that altcoins are getting pumped that way because they are small!

The best way to check the price on several exchanges is here:
http://coinmarketcap.com/currencies/bitcoin/#markets

You find the prices of more then just 1 exchanges and the current price is a selective weighted average of volume and price. Getting above 650 so fast did suprise me though. And yes let's hope the price can be maintained in this area (before the bitfinex hack) it was here.

Yeah price will reach to more value when you compare with price as of now. I we will receive the pump in the value in the end of this year. due to christmas and new year price. Plan to buy more bitcoins now and earn more amount later after pump.

I think on 2017 or 2018 its impossible that the price will hit 3k value thats impossible to happen for me. maybe it takes a long time or more year to go to see that the price will touch in that price..
For now we are in present price which is good that the price is increase again to 650+ we are in good path of the price..

Having a  pump on bitcoins  price would  be  possible  on the end  of the year but still no assurance  that  it would  happen though. As we can see   bitcoin price  is starting  to climb  up  now and  we are reaching  $660 price as  of the  moment which is really a good  sign,

I read this thread and I thought it was a new one. I said I'd check it out because I haven't been in this board lately. I was so shocked that the price is now almost 660$. We're reaching that 700$ of yours really quickly. Last time I checked it was just 630$ range and it increased 30$ in just a couple of days. The price of bitcoin will increase after a couple of years. If you want to reach that price ranges, then you'd have to wait for years.

it's too much . probably only dream of us all. bitcoin prices could have an increase of about 300USD annually. for now I do not believe that bitcoin can rise very high in just one year.

Yeah!! really a good sign and it keeps pumping up so we could say that after the year ends the price of bitcoin really high! But not really high that you are thinking right just enough :) But we cant say that it will be pumping up until the year ends we have no assurance at all so dont expect too much/

Yes take a long time for bitcoin in order to hit that number. For this year I believe bitcoin will not hit $ 1,000. This figure can be achieved bitcoin probably around mid 2017. Very hard that bitcoin can rise to that number as bitcoin always fluctuate so prices are not stable and up and down.

if 1k in 2017/2018 is possible then 3k in 2020-2021 is possible too without counting the next halving that could have an impact not like the previous one

yes that is a fact that bitcoin price is increasing continuously and hope that it is going to reach to 1200 USD at the end of 2016.

I think these predictions are greatly exaggerated, is likely to continue increased but not as fast, at least until the next halving. It  possible that by 2017 the price finalize around 700$-750$ each.

The bitcoin price will never be higher than the 1000 dollar because i know for sure that he is not getting higher than that because to many people ar ejust
holding on to the next rise and further.

The pric eof ht ebitcoin is really low and that is only becuase there are to many people who are just holding ht ebitcoin you know and that is not what
we have to do with the bitcoin you need to spend.

The price of the bitcoin right now is not really bhigh and that is just because to many people are notinvesting with it and that is such a shame you need to invest with the
bitcoin to make any money.

You are right all  predictions and   speculations are  too exagerated to consider for bitcoins price on this  year  and  on  upcoming years.  As  you mentioned   $700-750  price on next year   would  be  seems  realistic  to consider    compare to those speculation of   most people  that    even  reach  about  thousands  or even  millions   of dollars. We  just  have  to wait   and  not  too  in a hurry   on  witnessing  on  bitcoins price would   gradually  move on which way.

agree with you. Higher speculation is just total nonsense. Though I think that when we reach a steady support level above $700 things could start moving again ;)

the pricfe of the bitcoin is not very high right now and that all depends about the peopelk who are still holding the bitcoins you know lots of people domnt want to selel
their bitcoins to just hold but it that the way?

the price of the bitcoin does everybody know but what is happening to the price of the bitcoin we all dont know aht is happening it seems to look taht the price of the bitcoin
is stuck but how can that happen i dont understnad why that is happening.

No, the price of bitcoin is not stuck. That is because of the market of bitcoin. And if you are hoping for the price increase of bitcoin.

Then you just need to wait for more price increase that will happen in future. Just wait for it. Even though we don't know what is the true reason of bitcoins pump.

if more and more adoption will happen it will attract more investors to join the venture because of that price will for sure will go up and the possibility to reach 1k$ before the end of this year or in the first quarter next year can be possible to achieve I'm also keep on buying little by little believing for the price to keep moving up from time to time.

Bitcoin price now is really increasing in to the maximum level and now it's under of 650 $ dollars and when you are seing it it's not yet done or it's not end of the year and there are posibility that bitcoin price will be more than the price right now. And if the price hit on that prediction of your's then it much more better.

The price of the bitcoin is not what it was and that is not good for the future of the bitcoin if you know what wil happen to the bitcoin off course i dont know what will happen in the furuer but the price says enough.

But I think we saw major growth in the price of bitcoin in this year in compare to the last year and price is also rising at a moment which is a good sign for bitcoin and its users and if it continues to move in the same way then we will be seeing some really high price at the end of the year.

The price of the bitcoin right now is not really profitable because lots of people are dumpjgn the coin becuase the price is not rising enough and i know
that is not what suposed to happen with the bitcoin,.

Believe me i can't understand what you are saying, you know right now bitcoin price is $652, and you are saying it is not profitable, How can you say that, Actually in my view, still bitcoin in a profitable condition, If i sell my all bitcoins now than it will give me good profit, because bitcoin has a half price when i bought all of them, and you say right now bitcoin is not in a profitable.

Yeah this years accomplishment with bitcoins price has been great compare from last year even though there is already an incident that the price of bitcoin did reached to $1,000 and I hope that is going to happen again before the end of the year or if that is not going to happen this year, then let that happen next year.

i think it happen way back 2013 if i research it correctly really wants to see the rally to went up to 1k$ and for sure many of us
will be a happy holders. 670$ now with my last check, keep holding and trading my btc with known alt to grow more while waiting.

so true . the current bitcoin prices continue to rise very high. bitcoin such movements rise can not be stopped. I will look for opportunities of this price increase. make a trade and holding bitcoin we have.  ;D

The price of th ebitcoin is really bad and i dont think that is because of our things that ie because lots of people are holding the bitcoins and that is raelly bad you need to spent
bitcoins when you want the price to rise.

The price of the bitcoin is not really high right now and that is the biggest problem we all like to see the price of th ebitcoin at the highest point off course and i dont know
when that is going to happen but we wont hknow.

It is almost the end of the year and bitcoin is still shacking around 600$. So your prediction wasn't right. Everything I can expect from bitcoin in this couple months to the New Year is that it will hit the point of 700$ finally. Next higher step is expected only in next 2017 year. You may agree with me or not, but it's just my own opinion based on the current situation with bitcoin.

Spending bitcoin wouldn't necessarily increase the price of bitcoin. The price of bitcoin mainly increases because people are buying more bitcoins, not spending them. Spending bitcoins will just transfer your coins into another person's bitcoin wallet. That other person will probably just hold that bitcoin too because that's what most people do. Ultimately, the market will just move downwards once that other person decides to sell his coins.

I agree that the buy demand is the one that increase bitcoin price.  But if you study a system, promotion helps alot for the popularity of the coin and to be able to get more people to jump in the bitcoin economy.  One way of promoting bitcoin is by simply spending it as showing the usefulness of bitcoin in day to day life.

Yes, demand for bitcoin is coming from promotion by attracting new investors. But, it is not possible for all bitcoiners to keep on promoting bitcoin as a part time job. When we are having very good application or new business which are based on bitcoin payments, definitely that will itself act as a very good promotion to create more demands.

Look at Bitcoins Marketcap, it is tiny in the grand scheme of things. Bitcoin adoption is growing at a phenomenal rate and the price is rising because it. Once the EFT is launched, Bitcoin will break through $1000 imo.

If we find many merchants who starts accepting bitcoin as a mode of payment then it will attract many people who are not aware about bitcoins yet and that will make them curious to know about bitcoins and will start knowing what bitcoin is all about and I think that is the best way to promote bitcoins.

Simply spending your bitcoins doesn't necessarily promote bitcoin unless you post it on your facebook account showing people your transaction. When you spend your bitcoins, what's happening is a deal between two bitcoin users. There's no non-bitcoin users that are being affected. But I guess it's actually in the seller's perspective that can actually help promote bitcoins. If more and more establishments especially in big cities start accepting bitcoins, people would surely check out what bitcoin is.

Spending bitcoin means there is more available bitcoin in circulation.  In addition to that, it will make the bitcoin market healthy.  See the picture of everyone holding their bitcoin and not even selling a single satoshi of it.  Market will die eventually because of the scarcity of available coins to circulate the market.  It will incease in price, yes temporarily until people lose interest to the coin.  Once you sell it, it means spending, so that means there is movement of the coins and changing of hands.  There should and must be a healthy circulation of bitcoin first before merchants start to accept bitcoin.  How can you do business when one factor of it is so scarce because of people hoarding it.

Exactly, $5000 is just insance number to be predicted in a small period of time because as of now we are in $600+ per 1 bitcoin and we are now 2 months before 2017, I guess $1000 is enough to assume that 1 bitcoin will reach before 2016 ends, but we really don't know if how bitcoin rise and down of its own value. The best thing now in this industry of bitcoin is, it is continually increasing its value.

I agree, 5000 USD is really impossible even at the end of 2017,  the more realistic is the increment of 50 USD per month. so  by computing such increase, 800 USD is very possible at the end of year 2016, and 1.4k USD at the end of 2017.  that is more reasonable and realistic than speculating 5000 USD at the end of 2017.

$5k  price on bitcoin  on next year  would   be really impossible   its too high price to  speculate  from and  its  too  unrealistic to consider.  $800 price on this year would surely be possible.  Speculation of  prices are  normal  but  people  should really   think  on  possible prices on a particular time.