What Will it Take For BTC to Reach $1000?

[coinzat]

it is very simple. bitcoin will reach $1000 when. there is high supply for it and there are people willing to buy with this price. I hope we will see this price before 2017

[machinek20]

in order bitcoin to reach that high, it needs a really high demand so in order to up the price we need a lot of people to use bitcoin, and the transaction rate need to be really high, the other way is through halving

[virusasog]

it is very simple. bitcoin will reach $1000 when. there is high supply for it and there are people willing to buy with this price. I hope we will see this price before 2017

No bro. In high supply we would not get the price rise. As per supply and demand in bitcoin then only price will move to high value and we need some good adoption with big MNC companies over the salary payment and business transaction via bitcoin will be make changes in btc value to high.

[Rostadom]

It will take either time or a lot of money. The bitcoin halving is designed to make the difficulty twice than it is every now and then. That will make the price of Bitcoin higher. Imagine if there is no halving and the difficulty is still low, then people can easily mine Bitcoins and that makes the amount of Bitcoins in circulation much higher. Making it less scarce and have less value.

A lot of money is needed to pump the price of Bitcoin. Millions or thousands of dollars is needed in order for Bitcoin to pump at that price. I guess you wouldn't be spending your time being in this forum if you have that much money.

[1Referee]

in order bitcoin to reach that high, it needs a really high demand so in order to up the price we need a lot of people to use bitcoin, and the transaction rate need to be really high, the other way is through halving

In order for the demand to increase significantly, there has to be something for people to look forward to. Very recently that was exactly the case with the block halving. Right now people can look forward to the activation of Segwit. I however don't think it's enough to get the price to come close to $800 as it was back in June.

[sobsitesearch]

I think we need to spend some of our bitcoin to increase the demand of bitcoin because if we do not spend and just keep holding the cycle of bitcoin will slowly rotates and the demand will stack up since all of users has holding huge amount of bitcoin no one will demand for it.

[dothebeats]

Another Willy bot, I think? Btc price won't get to the thousands range with just organic growth. There needs to be an inside movement in the markets for it to reach that certain price point. If we are to talk about organic price movements for btc to reach thousands, it first needs to appeal to a large audience, and a large backing of merchant groups so that there would be stimulation in the economy.

[danherbias07]

I think we need to spend some of our bitcoin to increase the demand of bitcoin because if we do not spend and just keep holding the cycle of bitcoin will slowly rotates and the demand will stack up since all of users has holding huge amount of bitcoin no one will demand for it.

Demands. That is what we need now. But with the recent events many have lost their BTC thanks to Bitfinex. Now we also lose some of the big investors that have been storing their bitcoin there. So where will the demands come now.

[qiwoman2]

We need the regular demand for Bitcoin to go around to double of what it is now, less dumpers and more hoarders. If we can achieve this then it will be easy to even reach 2 or 3k but we need more and more regular users in Bitcoin to buy and save it or earn it that's for sure.

[mpgh1]

it was before it will be again, period.

[saiha]

I don't know what is the main reason of bitcoins price increase, maybe that is just happening when a lot of people are buying bitcoins.

Because the law of supply and demand is going to be applied here in bitcoins as well. But I don't think if that is the only reason for increasing its price.

Or maybe the whales are the one controlling the price of bitcoin.

[Zadicar]

I don't know what is the main reason of bitcoins price increase, maybe that is just happening when a lot of people are buying bitcoins.

Because the law of supply and demand is going to be applied here in bitcoins as well. But I don't think if that is the only reason for increasing its price.

Or maybe the whales are the one controlling the price of bitcoin.

Whales do really have  an  impact on bitcoins price since they are buying on huge volumes of bitcoin which could actually move  the price of bitcoin its either   rising or falling. $1000/btc would really need  huge adoption  in able to reach  this  price and  also lots of investors would intend  to switch and  buy bitcoin.

[pooya87]

I don't know what is the main reason of bitcoins price increase, maybe that is just happening when a lot of people are buying bitcoins.

Because the law of supply and demand is going to be applied here in bitcoins as well. But I don't think if that is the only reason for increasing its price.

Or maybe the whales are the one controlling the price of bitcoin.

Whales do really have  an  impact on bitcoins price since they are buying on huge volumes of bitcoin which could actually move  the price of bitcoin its either   rising or falling. $1000/btc would really need  huge adoption  in able to reach  this  price and  also lots of investors would intend  to switch and  buy bitcoin.

the main reason for price rises are always demand, and that can bring the price up and "keep it there". obviously there are whales and manipulations going on in every market but manipulated price will always drop, just like altcoin prices that go down after a pump.

[Yakamoto]

I don't know what is the main reason of bitcoins price increase, maybe that is just happening when a lot of people are buying bitcoins.

Because the law of supply and demand is going to be applied here in bitcoins as well. But I don't think if that is the only reason for increasing its price.

Or maybe the whales are the one controlling the price of bitcoin.

Whales do really have  an  impact on bitcoins price since they are buying on huge volumes of bitcoin which could actually move  the price of bitcoin its either   rising or falling. $1000/btc would really need  huge adoption  in able to reach  this  price and  also lots of investors would intend  to switch and  buy bitcoin.

the main reason for price rises are always demand, and that can bring the price up and "keep it there". obviously there are whales and manipulations going on in every market but manipulated price will always drop, just like altcoin prices that go down after a pump.

Whales and price manipulation are a very big part of the Bitcoin value, and they won't be changing for a long time. I would expect whales and market manipulation to be one of the driving forces behind the value until we start to see large-scale adoption becoming a thing and more and more average people buying it, freeing us from a reliance on speculators.

[Positid]

I don't know what is the main reason of bitcoins price increase, maybe that is just happening when a lot of people are buying bitcoins.

Because the law of supply and demand is going to be applied here in bitcoins as well. But I don't think if that is the only reason for increasing its price.

Or maybe the whales are the one controlling the price of bitcoin.

Whales do really have  an  impact on bitcoins price since they are buying on huge volumes of bitcoin which could actually move  the price of bitcoin its either   rising or falling. $1000/btc would really need  huge adoption  in able to reach  this  price and  also lots of investors would intend  to switch and  buy bitcoin.

the main reason for price rises are always demand, and that can bring the price up and "keep it there". obviously there are whales and manipulations going on in every market but manipulated price will always drop, just like altcoin prices that go down after a pump.

Whales and price manipulation are a very big part of the Bitcoin value, and they won't be changing for a long time. I would expect whales and market manipulation to be one of the driving forces behind the value until we start to see large-scale adoption becoming a thing and more and more average people buying it, freeing us from a reliance on speculators.

We are going there already, we have seen a good growth of bitcoin and the price seems normal to me unlike before that it is a pure bubble. Although we are still small community now but with great adoption rate on a yearly basis we will grow substantially and achieve massive adoption that we are hoping to happen.

[sishendaoye]

For bitcoin to reach 1k if will take quit a while still. I think we need it to be more known to reach this amount cause bitcoin is not known enough in my opinion.
Maybe if more shops accept it then more people will get to know it trough that aswell and then we can get to that value.

[Mastsetad]

it is very simple. bitcoin will reach $1000 when. there is high supply for it and there are people willing to buy with this price. I hope we will see this price before 2017

Probably nothing much is needed for that except the users beliefs and a few adopters with big users database which can lead it to that point, if quite a lot of people invest in bitcoin im sure it will reach that point but happening before 2017 does not look to be possible.

[CryptoBjorn]

What Will it Take For BTC to Reach $1000?

Let's discuss.

I am not sure what it is going to take for the Bitcoin to finally reach $1000. I have been waiting for a long time for this to happen.
I believe that this is going to to happen with in the year 2017 but I am not sure.

[Cozynunu]

People do really think that that will happen i dont think the bitcoin can rise to that amount of dollars becuase that is to high people will make to many coins and that is not able off course.

[Skaven]

What Will it Take For BTC to Reach $1000?

Let's discuss.

People need to spend there Bitcoin so that the Bitcoin value can finally rise again but most people do not want to spend it because that is a waist.
There are waiting for the Bitcoin to rise again so that they can trade in some Bitcoin.