What Will it Take For BTC to Reach $1000?

[1Referee]

I do not think you're going to go for 1,000$  right now, and there's a downward bend. In this direction, when too many people fall down, they will start buying again.

There may be a decline in February. But I do not think you're going to go down the level right now. If the level is as low as $ 1000, it's hard to predict, but at the end of the year it could go up to the right.

Downward bend? I am sure you are doing exactly what a lot other people are doing, and that's looking at small time frame charts. Open up up a 6 month chart, where you start looking at the price in August 2016, and draw a line to the levels where we are are sitting at right now. You'll see that we are going up in a nice and steady manner. Just don't put any value in looking at the short term peaks and dumps that you see. They will give you a wrong view of how the market has been performing.

[virasog]

Less supply and high demand of bitcoin in the market will take bitcoin to reach 1000$, and one thing more investers are also play important role in increment of bitcoin's price as they invested their money in bitcoin and more people gain interest and trust and they also invest their money, this will make bitcoin unique in the market and will  increase their price due to high demand.

Exactly, demands of bitcoin really matters on how value of it increases. So like what happened in the opening of the year, the bitcoin reaches thousand because many people bought and hold bitcoin at that moment and one more is the increase of users of bitcoin, the adaptation too.

[delliaerd]

Less supply and high demand of bitcoin in the market will take bitcoin to reach 1000$, and one thing more investers are also play important role in increment of bitcoin's price as they invested their money in bitcoin and more people gain interest and trust and they also invest their money, this will make bitcoin unique in the market and will  increase their price due to high demand.

Exactly, demands of bitcoin really matters on how value of it increases. So like what happened in the opening of the year, the bitcoin reaches thousand because many people bought and hold bitcoin at that moment and one more is the increase of users of bitcoin, the adaptation too.

How we can make supply of bitcoin is less if the mining is always doing by many peoples ? Bitcoin volume is around 21 million bitcoin but for now more half of it was circulated. So i think the supply of bitcoin in the market is equal with demand bitcoin.

[Doms]

Recently, there’s a decrease in the trading volume that goes into exchanges in China, mainly due to the investigation done by their central bank. This might be part of the reason why the price is still unstable right now. Also, the battle between exchanges that offer no-fee versus those who charge has led to more liquidity because smaller exchanges can now compete with the bigger ones. As soon as these things normalize and policies are set into place, we might not see the price touch $1000 in the next few months.

[Harlot]

Less supply and high demand of bitcoin in the market will take bitcoin to reach 1000$, and one thing more investers are also play important role in increment of bitcoin's price as they invested their money in bitcoin and more people gain interest and trust and they also invest their money, this will make bitcoin unique in the market and will  increase their price due to high demand.

Exactly, demands of bitcoin really matters on how value of it increases. So like what happened in the opening of the year, the bitcoin reaches thousand because many people bought and hold bitcoin at that moment and one more is the increase of users of bitcoin, the adaptation too.

How we can make supply of bitcoin is less if the mining is always doing by many peoples ? Bitcoin volume is around 21 million bitcoin but for now more half of it was circulated. So i think the supply of bitcoin in the market is equal with demand bitcoin.

Even if half of the Bitcoin is mined already do you think it will have a high demand if all of it is circulated? Have you think of the possibility that a lot of that quantity is being hoarded by Bitcoin users? Of course there are users that hoard Bitcoin because they are waiting for its price to increase before they dump massively again.

[GreenBits]

Less supply and high demand of bitcoin in the market will take bitcoin to reach 1000$, and one thing more investers are also play important role in increment of bitcoin's price as they invested their money in bitcoin and more people gain interest and trust and they also invest their money, this will make bitcoin unique in the market and will  increase their price due to high demand.

Exactly, demands of bitcoin really matters on how value of it increases. So like what happened in the opening of the year, the bitcoin reaches thousand because many people bought and hold bitcoin at that moment and one more is the increase of users of bitcoin, the adaptation too.

How we can make supply of bitcoin is less if the mining is always doing by many peoples ? Bitcoin volume is around 21 million bitcoin but for now more half of it was circulated. So i think the supply of bitcoin in the market is equal with demand bitcoin.

Even if half of the Bitcoin is mined already do you think it will have a high demand if all of it is circulated? Have you think of the possibility that a lot of that quantity is being hoarded by Bitcoin users? Of course there are users that hoard Bitcoin because they are waiting for its price to increase before they dump massively again.

Yeah like happen last time Bitcoin price is growing fast that time but they are some panic sellers sell their Bitcoin as result the Bitcoin price down by 10 percent of it.I hope it will not happen again.

[South Park]

$1000 is right around the corner, this time with a real solid rise accompanies by a strong buy support, although it may take a short time for the traders and whales accumulate again why they sold at the top.
and whenever you see a silent market and then some users around here start crying about price and say it will fall it shows their desperation and a rise in the future

We are close to that mark, finally it seems we are close to reach a stable 1000 mark, I think we are going to see it in this year  and I agree with you I think this is the calm before the storm, I think we are going to see a huge pump in this year and surpass the maximum historical price of bitcoin.

yes still we are not too far from 1000 USD level. although we cross the level in previous days but after that people start selling which cause the price fell down again. i think a strong support of the people can let the price to cross 1000 USD level again.

If there are some great news will come it can push the price high but if we heard something that can be bad for bitcoin it can push to down.. but i think according to the price last year the movement will be crash more soon so better to always monitor the price and set alarm when the price is getting low before its late.. due to panic sell..

We don’t necessarily need good news for bitcoin, the world right now is in a very difficult position, with big debt unemployment and political crisis so as long as that continues then bitcoin as an asset independent of all of that will grow in value.

[soros017]

I think this is going to depend on adoption, and this may increase when new tools are developed to make Bitcoin easier to use. If projects such as MegaUpload 2.0 and Bitcache are actually delivered this year, this may attract a large number of people interested in Bitcoin, and with an increase in demand, we will certainly see positive results in price.

[Zadicar]

Seeing on the current price of bitcoin on preev.com its already on $950+ price mark which means we are almost hitting again the $1k price which have been dump down previously and now its start to cling up again.This price is reachable anytime as long the adoption process is going on and we cant really stop it.

[stadus]

Seeing on the current price of bitcoin on preev.com its already on $950+ price mark which means we are almost hitting again the $1k price which have been dump down previously and now its start to cling up again.This price is reachable anytime as long the adoption process is going on and we cant really stop it.

Here we go again, just like in the first week of January 2017 when we reach the $1,000, the start of February 2017 is great since we can see the value is rising again. We will probably gonna reach to that level this month alone and I am so excited to see it. My patience is worth because I never sell my bitcoins waiting for this event to come back again.

[ethereumhunter]

the price seem to often to up and down for today and i think its good for us to follow the price and make profit before the price is reach $1000. i think we need more time to reach $1000 and i am sure we can reach it again like in first week of january 2017 even we can reach more than that.

[lienfaye]

the price seem to often to up and down for today and i think its good for us to follow the price and make profit before the price is reach $1000. i think we need more time to reach $1000 and i am sure we can reach it again like in first week of january 2017 even we can reach more than that.

Yes its possible to reach that amount or even more than $1000. so if you have save btc in your wallet when the price is still low, now is the chance to earn from it just monitor the price.

[talkbitcoin]

$1000 is right around the corner, this time with a real solid rise accompanies by a strong buy support, although it may take a short time for the traders and whales accumulate again why they sold at the top.
and whenever you see a silent market and then some users around here start crying about price and say it will fall it shows their desperation and a rise in the future

We are close to that mark, finally it seems we are close to reach a stable 1000 mark, I think we are going to see it in this year  and I agree with you I think this is the calm before the storm, I think we are going to see a huge pump in this year and surpass the maximum historical price of bitcoin.

yes still we are not too far from 1000 USD level. although we cross the level in previous days but after that people start selling which cause the price fell down again. i think a strong support of the people can let the price to cross 1000 USD level again.

not this time they won't. or at least i can tell you that the possibility of a big sale and coming below $1000 is very low now.

it is pretty simple. bitcoin price is rising and it has been rising over the past 8 years. the only difference is that it had some pumps, at least 2 major ones and after them there were corrections making things slow down.

also people who sell like crazy are weak hands who always gets flushed fast and this time they are out of the market and bottom is $900 and after accumulation by the whales we are rising. they weak hands will join in around $980 and $1000+ and after a rise to $1050+ they get flushed out again and new bottom (possibly around $1000) will shape up.

[Zadicar]

Seeing on the current price of bitcoin on preev.com its already on $950+ price mark which means we are almost hitting again the $1k price which have been dump down previously and now its start to cling up again.This price is reachable anytime as long the adoption process is going on and we cant really stop it.

Here we go again, just like in the first week of January 2017 when we reach the $1,000, the start of February 2017 is great since we can see the value is rising again. We will probably gonna reach to that level this month alone and I am so excited to see it. My patience is worth because I never sell my bitcoins waiting for this event to come back again.

You are doing a good job then if you are still holding off your bitcoin and you do really have a strong patience regarding on this.$1k price would really be reachable soon and just a little bit more and we would able to see this price again.All bitcoin users are expecting and excited to see this price range.

[megynacuna]

Seeing on the current price of bitcoin on preev.com its already on $950+ price mark which means we are almost hitting again the $1k price which have been dump down previously and now its start to cling up again.This price is reachable anytime as long the adoption process is going on and we cant really stop it.

Here we go again, just like in the first week of January 2017 when we reach the $1,000, the start of February 2017 is great since we can see the value is rising again. We will probably gonna reach to that level this month alone and I am so excited to see it. My patience is worth because I never sell my bitcoins waiting for this event to come back again.

You are doing a good job then if you are still holding off your bitcoin and you do really have a strong patience regarding on this.$1k price would really be reachable soon and just a little bit more and we would able to see this price again.All bitcoin users are expecting and excited to see this price range.

I will say it will take just a couple of days only and we are very expectant due to the huge pump yesterday and hopefully today and the subsequent days ahead of us. It'd good news and we should all be proud to own Bitcoin.

[wildan88]

I do not think you're going to go for 1,000$  right now, and there's a downward bend. In this direction, when too many people fall down, they will start buying again.

There may be a decline in February. But I do not think you're going to go down the level right now. If the level is as low as $ 1000, it's hard to predict, but at the end of the year it could go up to the right.

You should look at the facts before, when price reaches bitcoin over $1000 it does take a long time, and your predictions in the early February will decline it's wrong, but the price is bitcoin's getting close and back to $1000 and it should not require the end of the year. in my opinion the end of the years bitcoin can reach over $2000. even, I expect the price could go to $10.000 as written in this article https://cointelegraph.com/news/bitcoin-price-will-reach-10000-might-take-another-year-tim-draper

[Harlot]

I do not think you're going to go for 1,000$  right now, and there's a downward bend. In this direction, when too many people fall down, they will start buying again.

There may be a decline in February. But I do not think you're going to go down the level right now. If the level is as low as $ 1000, it's hard to predict, but at the end of the year it could go up to the right.

You should look at the facts before, when price reaches bitcoin over $1000 it does take a long time, and your predictions in the early February will decline it's wrong, but the price is bitcoin's getting close and back to $1000 and it should not require the end of the year. in my opinion the end of the years bitcoin can reach over $2000. even, I expect the price could go to $10.000 as written in this article https://cointelegraph.com/news/bitcoin-price-will-reach-10000-might-take-another-year-tim-draper

I guess what happening right now is the total opposite of what you are saying. As of today Bitcoin is price at 993$ this Feb 02, 2017 which is 7$ less to be 1000$. That price is good compared to last weeks 850$ price or even in the first week of January when the panic selling started. My views are positive this January because it is highly unlikely that there will be another panic selling happening this month.

[webtricks]

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I guess what happening right now is the total opposite of what you are saying. As of today Bitcoin is price at 993$ this Feb 02, 2017 which is 7$ less to be 1000$. That price is good compared to last weeks 850$ price or even in the first week of January when the panic selling started. My views are positive this January because it is highly unlikely that there will be another panic selling happening this month.

Yes, Bitcoin has given birth to many Tech Astrologers! 
I am really unable to understand how they can read the mind of all Bitcoin users and predict general trend! That is the reason, they are 90% wrong! Not me, nor anyone else can predict future of Bitcoin price!

Bitcoin is product of Perfect Competition Market. The share of single buyer and seller is so neglible that he cannot influence price. Price is determined by market forces in general. And price will only alter on large scale shifts like 'panic selling'

[fr4nkthetank]

Looks like we are going to hit 1000$ again   This time we may stay above that for a while.  I don't see why not.  Expectation of price increase means people will hodl and the usual buying will slowly increase prices as it will be larger than the selling pressure over a long period.  I could be wrong, but I dont see bitcoin going anywhere but up in the long run.  Of course, its -30% here, +30% there...

[ikydesu]

I do not think you're going to go for 1,000$  right now, and there's a downward bend. In this direction, when too many people fall down, they will start buying again.

There may be a decline in February. But I do not think you're going to go down the level right now. If the level is as low as $ 1000, it's hard to predict, but at the end of the year it could go up to the right.

You should look at the facts before, when price reaches bitcoin over $1000 it does take a long time, and your predictions in the early February will decline it's wrong, but the price is bitcoin's getting close and back to $1000 and it should not require the end of the year. in my opinion the end of the years bitcoin can reach over $2000. even, I expect the price could go to $10.000 as written in this article https://cointelegraph.com/news/bitcoin-price-will-reach-10000-might-take-another-year-tim-draper

That's just a speculation, but not impossible if it's will happens in the future with the current price movement and the "little good news" about bitcoin spike bitcoin price up.
It's has been reached $1k now, In same day I see the news about bitcoin price rise $1k in China and korea, also current news about WU shares drop in mexico and bitcoin the solutions for them. It's not really big news but the effect good for bitcoin.