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

[tzortz]

If it does not encounter any technical issues, then surely will reach the $k range within the next years...

[Hazir]

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.

That is exactly why I lost my faith in bitcoin. Price of bitcoin is dictated by early adopters, already rich people who just bought shitton of bitcoin for fun really or other whales. Simple bitcoin users have nothing to say about that and are swimming along. Great news about bitcoin are being ignored and people tend to panic over nothing and sell like crazy sometimes (see beginning of 2015). That is why bitcoin won't reach $1000 anytime soon.

[Agestorzrxx]

Sure, the price will touch $k again in the future and definitely will stable above $1K.
The reason is there are still only a million people who adopt bitcoin at now, about 0.05% of the total people in the planet. The potential is huge.
 

[randy8777]

i guess it will at some point. but when it happens again i hope it will last longer than previous time.
if it goes up in a stable manner then we might even see a new ath.

[NeuroticFish]

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 ?

It will. Myabe not in the next 2-3 years, but it will.
Why? Because mining is too expensive and at some point the miners will just hold until the price rises and stays stable at a number where mining is still profitable.
Miners have quite a monopoly on the price and, sooner or later they will understand that and will act accordingly.

[bitboy11]

I say that anything is possible, why stop at at $1,000?

Currently, the price is floating in the $200 - $300 range and has been there for a few months now.
As a result, it would be safe to assume that this trend will continue for a while longer.
So in my opinion, it won't be getting to $1,000 anytime soon.

I do think that in a few years, the price will get that high again.

[gentlemand]

That is exactly why I lost my faith in bitcoin. Price of bitcoin is dictated by early adopters, already rich people who just bought shitton of bitcoin for fun really or other whales. Simple bitcoin users have nothing to say about that and are swimming along. Great news about bitcoin are being ignored and people tend to panic over nothing and sell like crazy sometimes (see beginning of 2015). That is why bitcoin won't reach $1000 anytime soon.

Yup. Only a few hundred people are in the driving seat at the moment. I'll guess that the rest of the 'traders' don't have experience in other markets and will play into their hands every single time.

Bitcoin needs many more real users and better exchanges to attract a scarier class of whale. It's a possibility it'll be wrung dry if it can't get past this phase.

[Q7]

There's every chance and possibility that it will happen, provided nothing bad happens to the network or any loss of reputation due to scams whatever, and at its current growth rate in terms of adoption and development of infrastructure, i would say we are on track. The question that remains to be answered is "when" it will happen. That's something everyone wants to know answer for.

[1Referee]

If it does, it does. If it doesn't, then it doesn't.

No one can answer this. Whales are playing and forcing less experienced traders to sell or buy.

Unless there are professional traders from the level wallstreet who bring in billions, then I definitely can see Bitcoin reaching a few $K.

[ajareselde]

Ofcourse it wont, not this year anyways, but if we remain over 200-250$ for a period longer than ~6months, that would give us a nice backend for progress forward to >1000 again,
and same like everyone else, im pretty sure that will happen by next year's end.
All we need now is for bitcoin to be as legal as it can be, let them regulate it, let them fight our fight, and when the halving comes, it will trigger a cascade reaction, possibly even above 1k usd.

cheers

[Natalia_AnatolioPAMM]

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 ?

nope, never ever! it's definitely only going to fall further and further unless reaching 30$ or  something. and thats when it becomes word wide, accepted everywhere and truly useful

[gentlemand]

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 ?

nope, never ever! it's definitely only going to fall further and further unless reaching 30$ or  something. and thats when it becomes word wide, accepted everywhere and truly useful

So a currency accepted across the internet and the entire globe by billions of people, has a market cap of a few hundred million dollars?

I can see some economic hiccups brewing in that scenario.

[Paashaas]

$1000 per coin will be made this ore next year, that includes this time a whole new glorious media frenzy.

It's comming fore sure.

[uki]

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.

that is the main problem so far. Both Bitcoin bubbles were purely driven by speculation, and until there are strong fundamental developments, nothing sure can be said.
We may as well have third speculation bubble, or we may see price dropping to the double digit area. Why not?
Both quite possible, if speculation is the only driver.

[3x2]

it is only the matter of time, maximum within 2 years.

[uki]

it is only the matter of time, maximum within 2 years.

If we see some serious fundamental developments, yes. If not, then we as well may not see $1000 per Bitcoin ever.

[D05GTO]

Just wait for the Vertical adoption phase.   Here's a vid why the price is normal.

https://www.youtube.com/watch?v=qHUPPYzzZrI

[1Referee]

Ofcourse it wont, not this year anyways, but if we remain over 200-250$ for a period longer than ~6months, that would give us a nice backend for progress forward to >1000 again,
and same like everyone else, im pretty sure that will happen by next year's end.
All we need now is for bitcoin to be as legal as it can be, let them regulate it, let them fight our fight, and when the halving comes, it will trigger a cascade reaction, possibly even above 1k usd.

cheers

I think people expect too much from the block halving.

If you read threads and posts from people, they think it will go to + $1K directly, etc.

That's just nonsense. Only because there is 50% less supply people expect the price to rise 400% ? Doesn't make sense.

Sure it will rise because there is less supply, but the rise will start probably 6 months before the actual halving takes place.

And at the day the block halving really starts, the price is already there where it must be. From there price will go down or either react on other news.

[ThatDGuy]

Absolutely.

[johnyj]

The real worry is satoshi being not small enough