Do you really think bitcoin price will touch $k again ?

[malekbaba]

Do you really think that btc will be thousand dollar again in 2015 ? Or on which crypto , you rely on ? or on which crypto, you have some dreams ?

[bryant.coleman]

Yes... it will touch $1,000 mark... but not in 2015. May be in 2016... or more possibly, in 2017.

Right now the prices are being stabilized at $250-300 levels. If the demand increases two-fold (which is possible within 12-18 months)... then we will touch $1,000 for the first time (in 2013, it was mostly due to rigging by Mt Gox, so I am not considering it).

[fox19891989]

Maybe next year, may not forever.

Who knows, even Microsoft accepted btc, it was only a little rebounce. And after that it went down to lowest 150 USD. 

So it means btc price is determined by pumpers and dumpers, but not good news or other things.

[Fiiasco]

Do you really think that btc will be thousand dollar again in 2015 ? Or on which crypto , you rely on ? or on which crypto, you have some dreams ?

Don't think too far ahead, son.

Think about reality. Right now the task is to get over the $300 mark.

[Liquid]

I would say not for a few years

[pooya87]

Do you really think that btc will be thousand dollar again in 2015 ? Or on which crypto , you rely on ? or on which crypto, you have some dreams ?

i don't think it is going to reach the $1000 anytime soon or at least not in this period. i believe it is going to go up but will stop rising before 1K and then falls down again. but it is possible to go past 1k after that.

[gadman2]

Yes... it will touch $1,000 mark... but not in 2015. May be in 2016... or more possibly, in 2017.

Right now the prices are being stabilized at $250-300 levels. If the demand increases two-fold (which is possible within 12-18 months)... then we will touch $1,000 for the first time (in 2013, it was mostly due to rigging by Mt Gox, so I am not considering it).

How do you know?

Move thread to speculation.

[Lucky - Luciano]

It is possible for 14-16 months. For 1 year, 4 months, 6 days, 9 hours and 10 minutes will be halving Bitcoin awards from 25 to 12.5 BTC (per block) and from 3600 to 1800 (day).

[BitBOOM]

I am confident we will see a new all time high. This year? possibly. Within 10 years? for sure  

[Bit_Happy]

Do you really think that btc will be thousand dollar again in 2015 ? Or on which crypto , you rely on ? or on which crypto, you have some dreams ?

$1,000 is just a minor target on the way to much higher levels.
The next big rally goes to at least $2,800 and maybe $4,750 

[amiryaqot]

Do you really think that btc will be thousand dollar again in 2015 ? Or on which crypto , you rely on ? or on which crypto, you have some dreams ?

$1,000 is just a minor target on the way to much higher levels.
The next big rally goes to at least $2,800 and maybe $4,750 

agreed with you 1k is not a big target to reach i think in this year near Christmas we will see price will touch this level again,
next tar get will be go to more higher levels like 2k, 3k an so on.

[Amph]

I would say not for a few years

and why?

i'm more inclined to say yes, and in a few months, near the halving of before that, but not after

hell it could even happen this year

[galdur]

It´s possible but not with the anemic volume we´ve seen for over a year. For it to attract any real money it must trade on exchanges that are trustworthy, insured and taken seriously.

[innocent93]

It won't touch even 800$ in the short term, look at what we have, we can't even stay stable at 300$ now. We need big event to push price up, for example, financial crisis, substantial development.

We have to admit the development velocity of Bitcoin is slower than what we expected. So a depressing prices right now is reasonable.

[bryant.coleman]

Yes... it will touch $1,000 mark... but not in 2015. May be in 2016... or more possibly, in 2017.

Right now the prices are being stabilized at $250-300 levels. If the demand increases two-fold (which is possible within 12-18 months)... then we will touch $1,000 for the first time (in 2013, it was mostly due to rigging by Mt Gox, so I am not considering it).

How do you know?

Move thread to speculation.

I have given the reason in my post.

The growth in Bitcoiners during 2014 was around 2x. Assume the same for 2015 and 2016.

[mishax1]

Currently , you need $1m daily "support" for the miners that constantly dump they coins to pay for bills, that is no pocket money but it's not a huge amount either.. it can go up faster then it comes down in my view..

[Big0Bang]

Nope, I now have a negative view about Bitcoin price in nearly furture. The situation happend at the end of 2013, we are unable to make it happen again. Bitcoin have rarely developed in last few years, whether it touches $k again depends on the furture development.  

[galdur]

Currently , you need $1m daily "support" for the miners that constantly dump they coins to pay for bills, that is no pocket money but it's not a huge amount either.. it can go up faster then it comes down in my view..

Yeah, a million dollars is certainly pocket lint in financial markets. But bitcoin has no volume to speak of. In average 24hrs it turns over in dollar terms like 1/100 of that of Facebook stock in a six and one half hour session. To name an example. The currency market then turns over five trillion dollars in a day.

[Lethn]

I don't know why people get so giddy over high Bitcoin prices, I'm convinced that if it ever does reach those sorts of levels again, especially the $10,000 die hards are expecting it's going to be due to hyperinflation, in which case, I won't be selling my coins I'll be using them as currency.

There are still people out there who don't realise that high prices aren't necessarily a good thing and think that dumping their coins for valueless paper is going to get them somewhere in life.

[Fiiasco]

I don't know why people get so giddy over high Bitcoin prices, I'm convinced that if it ever does reach those sorts of levels again, especially the $10,000 die hards are expecting it's going to be due to hyperinflation, in which case, I won't be selling my coins I'll be using them as currency.

There are still people out there who don't realise that high prices aren't necessarily a good thing and think that dumping their coins for valueless paper is going to get them somewhere in life.

Yep. I completely agree with you.

Bitcoin prices skyrocketing might not necessarily be a good thing, it can mean a bubble/relative price instability, or an extreme fiat hyperinflation happening. I would rather use bitcoins as a store of value, rather than an almost "HYIP" like investment.