Bitcoin Forum

What do you think?

Whatever supply & demand decide mate(apart from the usual FUD).
Take a look here for a deeper understanding:
http://www.econlib.org/library/Enc/Supply.html

A bit in the wrong thread, if you posted this in speculation it would be better and you would get more answers probably. Well I am pretty sure you know what will happen on August the first, where most likely the hard fork will happen and then if it goes well, I can expected bitcoin growing 500 in day. So I guess the maximum price for bitxoin would be 4000 USD at the end of 2017.

Most likely we'll test the $3000 levels and attempt to break for an ATH. That is of course if the bitmain folks won't try to make an altcoin out of BTC.
Most people seem to agree that there are 3 outcomes for BTC.
1. Segwit gets activated, there's no hard fork = pump
2. There's a hard fork and 1 coin wins with overwhelming majority of support = most likely a pump after some perturbations
3. A hard fork divides the community into two equal groups = most likely a dump and split of value

Option 3 is the least probable though.

I agree to you. The value of the bitcoin will become $3000 this year.

With the current state of Bitcoin, it seems to be around the 2.3K mark. Bitcoin will be heavily affected by the hard fork that will be coming on August the first. The hard fork can do one of a couple of things:

1. Quickly spike the price of Bitcoin up.
2. Drop Bitcoin below 2K again and from then on it will take a long time for Bitcoin to go back to where it is, or maybe it won't recover and Bitcoin will just die.
3. The hard fork doesn't go through and the price pretty much stays the same

I expect the price of bitcoin to end up around the 3K mark at the end of this year.

I don't think so. Where do you draw the line from Bitcoin being alive and Bitcoin being dead? If the market goes back to mid 2013 levels, has it died? I for one would still be using it in that scenario. So it would have at least 1 user.

This is a speculation thread. I believe Bitcoin can be around $4000-$5000 by the end of the year if there isn't any HardFork and majority part of the community stay together. If the price will be stable it's hard to answer, because always after a big pump it tends to be very unstable for some time. Use the time you have now to accumulate coins, so at the end of this year you can enjoy a nice profit.

That was impossible to happen its a large drop since bitcoin is already been using by company and website like steam and namecheap and other investors  they don't let the price down like what happen in past few days ago that the price was crash but not much drop .
The price is increase back because they know the potencial will happen with bitcoin.

For now because of the new upgrade for bitcoin i think we will break the first $3k value and i think the maximum estimation is around $3k to $4k value this is i think nearly can be maximum cost per bitcoin this 2017..

Yes, I believed that we are going to test $3000 and moved closer to it after the Aug 1 date. We briefly touch it in May, but panic selling occurs dropping to price. And by the end of the year, I'm speculating than we are somewhere in the ballpark of $4000-$5000 and we are going to end the year with a bang. And everybody will be happy of course. We just need to hurdle one big road, and once we are settled again, bitcoin price will go to the moon.

here are the things that i am seeing right now:
1. SegWit finally gained above 95% support in total.
2. BIP91 which is going to activate SegWit has the >80% support it needs and it already gained 75% of it
3. when SegWit activates with majority support, there will be a big spike in price
4. there are some nonsense going around about "other" forks, these may slow down the rise because of FUD and panic

in the end they will go away by the end of the year. we WILL start 2018 the same as 2017, with a big bull run since it will officially be the end of 3+ year old scaling drama...

dare i say expect $5000 then!

If everything goes as per the plan and there is no chain split on August 1, then we can surely expect BTC to cross $5,000 per coin mark by the end of this year. I would even say that an exchange rate of $10,000 per coin is attainable as per the current scenario

Well, after August 1st we just need a good news not have split, not have reason can't make the price of Bitcoin increasing to target $5000. But I scared the happening pump Bitcoin before that time happening, if my guess is true, the price of Bitcoin will crash after pump before August 1st by some bad news and panic will have everywhere

I expect A great down will be in 2017. Then, Bitcoin prices will be 4000 dollars first, It will be 7000 dollars which is its maximum prices in a year. I brace myself to this.

I think it might go up around the 3500$. Segwit update will work. People will gain confidence and be more optimistic if all goes well and transactions start to be faster. More people will go in, and tv and press will speak again about bitcoin nearing Christmas "People are making their Christmas shopping in Bitcoin yadda yadda" That will make it go even higher.

Of course, I cannot really know, but that is what I think will happen. ;D

Why do not you ask that question after August 1?

Will be more prudent, but if you want to know my opinion will be $3000 for the moment is the maximum I believe, if I see that the scenario after August 1 will be positive, then I can have high expectations to the point of dreaming of $4000 or  $5000. But for now it's better to have feet on the floor

I think that it's better to ask after mid-November, when we'll pass all the deadlines for forks (if my source of dates is correct).
The pre-August 1st price fluctuation FUD may continue a lot more and I'm not convinced that we'll go above 3000$ right after this "psychological barrier" (I mean Aug 1). If we do, then even 5000$ is possible, else we may keep staying under 3000$ maybe even until Christmas...

Dunno. The implied 2mb fork is going to introduce more squealing and uncertainty than ever that might shit all over any current price rises. I will guess a return to nudging $3000 again and then it's all over the place for the rest of the year.

Best Case scenario is 4200 for me, but a lot of stuff can happen i crypto, 1 week is like a year in stocks.

$9,889.99,- per December 31, 2017.

What ever the result is just accept remember bitcoin is always there for us and never left us my prediction in price will be at the price of $3000 dollars per bitcoin why because bitcoin now is almost reacher $3000 however there will be more drops will happen and till december will be the last of its max cost of bitcoin for this year.

I really understand that today the dollar has risen very high to 2600 dollars. A couple of days ago we saw a very strong fall and everyone expected such a fall due to August 1. But this date has not yet come, And Bitcoin still went up. It worries me too.

I think we are going to reach an all time high above 4000 dollars per bitcoin but I think we are going to see a stable price of 3500, basically people are going to get very excited about segwit activation and then we are going to see a correction in the price.

Who knows what will be the exact value of bitcoin?
There are many elements involved to determine the bitcoin value the basic one is it's demand in public. The demand can rise if thing are going good with bitcoin. I am indicating toward the Segwit, if segwit will be successful and the hard fork don't split bitcoin into two, then I am sure we will be seeing the price near to or around $4000.

I don't see how a split will negatively influence price, you will have 2 coins where you used to have only 1, the coin with the most support will be called bitcoin and the other one will be called some variation, like ether and ether classic, both coexist and both have independent value.

But we need to consider here the supporters or in more clear term investors also may get split so that the dominance of bitcoin may get diminished which is not a welcoming one if you consider being united may lead to big things. But hopefully only softfork may get activated and with that case we can see prices will be doubling within Aug and prices may go up to $10k within 2017.

I think in the best situation it will hit 4000$ but everything can happen

If all goes well, I expect between $ 4000 and $ 5000 by the end of the year.

:-* This is too much and i think its impossible that the price can be increase more like that possible that i think the price can be touch around $3k to $4k this is more possible price can be maximum to be reach this year..
But more on that its impossible to gain after august and until december..

I think we won't even reach $4000 probably if all goes well $3500. Anyway, even if we go above that to those 4000 that you're all are expecting this will be followed by a correction back to $3000 or below, so don't be too greedy. Let Bitcoin work slow.

based on my prediction bitcoin price will reach approximately $5000 since there's a lot of huge changes in bitcoin economy. last year we saw that bitcoin price is rising and it's unstapable and grow more in a couple months so if the price of bitcoin reach $4000 by the end of the year there's no doubt that bitcoin price could actually reach $5000 in a couple months on 2018.

I also think we will never be reaching $4000 this year, as you've said, the correction will be striking it back to $3000 like what happened last month. But if we are lucky, we may hit the price maybe above the $3500 price mark.

The current bitcoin price increase is indeed fantastic, it is undeniable there has been a significant increase compared to last year. If indeed $ 4000 is the number that a bitcoin reaches the end of the year then this is not impossible. Currently bitcoin has reached 2800 $ and a rise of 1000 $ within 5 months is not impossible. Bitcoin often gives us a miracle.

opimistics! i love that style , we are all want a high price/value of bitcoin of course.

but just think about this, how could bitcoin get a lot of demands when we mostly use bitcoin as an investment only , without spend a single bitcoin in daily basis for the sake of helping bitcoin ecosystem grow up and become so precious more than jewelry/gold in the future?

But you can take those opportunities to gain even more bitcoin if bitcoin goes up to 4000 dollars and then there is a correction you can get more bitcoin by selling at 4000 and then buying again at 3500, this is what the whales keep doing with a very high success high rate.

Asking for a speculation before the end of the year? I won't give any figure for now we are still in the stage of fixing and I just can give a speculation maybe on September. And there is only one thing that I can think of when Ber months are entering. People will have more bonuses to buy bitcoin, so demand will increase.

It is obvious, when I said that bitcoin will reach a price of 4000 and then decrease to 3500 is because I think there is going to be an speculative bubble and then like always the whales are going to crash the market lower than that 3500 amount and then the price will finally stabilize around the 3500 mark.

I also think that the maximum price that can be in 2017 is 3500-4000 dollars. This is in case if there is no split and bitcoin will remain the only leader. If the split happens to me it is difficult to predict what the price will be

Yeah maybe its too early to count the eggs.
We're just in the half of the year and many things might happen as the correction is nearly on us.
I'll just wait the drama to ends and start speculating.

your all perceptions are right but look at the traders who are so optimistic that they will think bitcoin reaches at $4500 at the end of 2017 but I’ll consider that bitcoins prices makes some era like era of buyers and era of sellers so that the traders will get perfect amount of profit and satisfy from their business.

Look at the current pressure on bitcoin, this couldn't prevent bitcoin from going up to $2,800 on july. I see the way of rise is still available for bitcoin. I'm taking a guess and saying we can still go to $3,500 this year.

this is an optimistic price but nothing is impossible with bitcoin but on a slow and steady price movement $5000 is highly likely to happen and might even go further if huge companies start to accept bitcoin payments  

Bitcoin is unpredictable it's value increases rapidly then suddenly decreases that's the nature of bitcoin very volatile. Since we are approaching August 1 we cannot predict the outcome of it but for me to give an assumption I think bitcoin will reach $3000 before the end of 2017 I still believe bitcoin is undervalued and it should somehow reach to $5000 in 2 more years.

The fluctuation of bitcoin in the market was undetermined, correct me if I'm wrong lastly bitcoin price were play around $2700-$3000 and that was the maximum I get from now. But I believe that after this coming segwit bitcoin price were play into $3000-$5000 that's why I hold my bitcoin for the meantime.

Since segwit is to be activated,we could expect a high increase in bitcoin price since all the weak hands who had doubt about hard fork would start rebuying bitcoins fast.If this smae trend continues without any FUD being spread,then we could expect a price range of $3500-$3800.

the stable price with low/short price range will only last for a while .

mostly the bitcoin market will always in volatile , move up high or down so hard. that is the real nature of bitcoin because of its decentralized system . but yes i will be realistic to predict around $3,500 , the maximum are unlimited for bitcoin , nobody knows in the end of this year bitcoin might could skyrocketing 10 times?

In the case of a split all bets are off, but I think bitcoin is going to survive without too much trouble after August 1 the problem is the planned fork the miners want, that could really be troublesome for bitcoin since many will get confused about which coin to support.

Don't worry about segwit activation alone. In December we usually some bump in the price chart.  So it consolidate the current situation at that time and bitcoin price touch the next peak value and I hope it will reach upto 4000$ at least.