Will we ever see BTC over $1,200 again?

[ThatDGuy]

The day my mom starts using it.  

Its basically dependent on a user base scale, so the true value still stay at that rate only if a huge financial event occurs. That means everyone currently using their credit cards to decide its actually way better and they see a difference.

If not, they wont bother to adapt a new thing. Unless its like added as a dual option on a credit card or something.

As for the fake value $1,200. I would say any btc exchange can do it short term, by making phantom deposits and follow similar to mt.gox events.

Er... I'm guessing the day moms start using it the value will be well over $1200.

[tyrexs]

maybe but its so hard price back to 1200 again

[lister storm]

I'll never doubt any numbers other folks have, like us going to $2k in 2016 or what not.

[botany]

It is going to take a long time.
Right now, it seems to be stabilizing around $250. 
We may have to wait for the next block halving to see some trend

[ajareselde]

It is going to take a long time.
Right now, it seems to be stabilizing around $250. 
We may have to wait for the next block halving to see some trend

Yeah, i believe so too, but it isnt that long until halving anyways. I believe the downtrend should stop (has stopped), and this is just some sort of
a shakedown in form of a long beartrap. If the pre-halving pump happens , and i believe it will, then i guess its possible for price to rise to ~600$,
but it seams so artificial lately that very well anything could happen (for 1200$ next year i doubt it)

cheers

[BTC-Bank]

In my personal opinion Bitcoin have to give a lot more and we are still on the start of it. There are a lot of countries around the world which is unknown yet and as many more people, companies involved, advertise it and use it for what is build for will make it more popular and the demand it will be increased.It will break this amount for fan.I dont know if it will be this year but i beleive it will be soon.As said this is only my opinion be well everyone!

Kind Regards,
BTC-Bank.

[zoinky]

Once tomorrow comes.






(think about it)

[POM]

not anytime soon for sure

[ajw7989]

Possibly IF bitcoin makes an ETF onto the US stock exchange or china accept BTC. short of that I doubt it. Best we can hope for is a rise and stabilization around $500

[montreal]

With all the capital flowing into startups recently and the foundation being laid for institutional money to enter, I think this is how the market will play out. Unless scalability/regulation is too much of an issue and something better replaces btc.

[techgeek]

I swear we all hit a reset button, for those who got into bitcoin less then $100  congrats.

For those who bought bitcoin back in 2012 at $200, yeah now its back giving us a 2nd chance in my view.

But, I really dont think it`ll hit $1,200 anytime soon if anything I feel like its going the opposite direction. Only because I dont see any great financial events outside from a PR article from coindesk mentioning about twitch using it as a tipping service, which grows the userbase.

[futureofbitcoin]

I swear we all hit a reset button, for those who got into bitcoin less then $100  congrats.

For those who bought bitcoin back in 2012 at $200, yeah now its back giving us a 2nd chance in my view.

But, I really dont think it`ll hit $1,200 anytime soon if anything I feel like its going the opposite direction. Only because I dont see any great financial events outside from a PR article from coindesk mentioning about twitch using it as a tipping service, which grows the userbase.

The problem with this kind of thinking is, news doesn't go like "we are 5.6% towards completing a killer app for bitcoin" then "we are 8.34% finished with developing another killer use case for bitcoin".

We'll only know that a killer app is out when it comes out, it's pretty much a binary thing. Either it's out, and bitcoin explodes, or it isn't. It won't be a gradual thing. So just because you don't hear any news now, it doesn't mean anything. By the time you heard the news, it will be too late.

[KenR]

If yes, when?

For the moment no one can predict whether bitcoin will be able to return to the figure $ 1.200
It all depends on the market, that many who buy bitcoin market in large numbers, I think there is a possibility of bitcoin can achieve such a price back.

If yes, then I would be rich, lol

[futureofbitcoin]

If yes, when?

For the moment no one can predict whether bitcoin will be able to return to the figure $ 1.200
It all depends on the market, that many who buy bitcoin market in large numbers, I think there is a possibility of bitcoin can achieve such a price back.

If yes, then I would be rich, lol

also don't get people that say this. 1200 is only about 5x the current price, so you'll get a 4x profit. Chances are, you don't have everything in bitcoin, or even the majority of your net worth in bitcoin. So at most bitcoin going to 1200 might increase your networth by 50 or 100%. If increasing by 50 or 100% will make you rich, you're probably already kind of rich.

[KenR]

also don't get people that say this. 1200 is only about 5x the current price, so you'll get a 4x profit. Chances are, you don't have everything in bitcoin, or even the majority of your net worth in bitcoin. So at most bitcoin going to 1200 might increase your networth by 50 or 100%. If increasing by 50 or 100% will make you rich, you're probably already kind of rich.

Is bitcoin price now is the ideal price for bitcoin price?
In this case I think everything can happen, even though it will not be as smooth as what has been thought, same as well as when bitcoin reached the price of $ 1.200

[btcxyzzz]

The moment world financial markets start to really crash, that is the moment of Bitcoin rise. Merchant and consumer adoption won't help much, only crysis. And it will happen soon.

[KenR]

The moment world financial markets start to really crash, that is the moment of Bitcoin rise. Merchant and consumer adoption won't help much, only crysis. And it will happen soon.

Is this the same as when at the end of 2013 at the time of bitcoin reached the highest price?
Making people believe in bitcoin of all the risks is important for people to buy bitcoin. And this is one of the main factors that will increase the value of buy bitcoin

[adpinbr]

I think it may indeed be dead, should have sold when we had a chance

[BitcoinNewbie15]

Maybe the winklevoss Gemeni exchange will have a positive effect on BTC's price?

[randy8777]

Maybe the winklevoss Gemeni exchange will have a positive effect on BTC's price?

i hope so. i have been reading about it and it is indeed something that can give bitcoin a huge boost.
but let's not get excited too early. i hope they will open their doors within a few months.