What Will it Take For BTC to Reach $1000?

[Clement Kaliyar]

Now that bitcoin has reached $1000 it will be a good idea for people to hold on to their btc to maintain the price
 or we can just buy more btc  to push price even higher

holding bitcoin even at this stage is a good idea. i did not sold my bitcoin when the price cross 1150 in previous day and still not going to sell my bitcoin even if the price of bitcoin will cross 1200 USD level. because i am still pretty confident that this time the price of bitcoin is going to cross every 1600 use level very soon, so i am not going to sell my bitcoin in next moth or two.

Yea you are right. Many people buy end never sell again until they need money. This is a good strategy and very easy way to earn more dollars. But you can also to try to trade a little bit. You can sell, wait for a while and buy at lower price. This is not always easy but you can increase your profit.

This is not at all a practical strategy .If you are a good trader you will book your profits when ever you can and enter at a later date and with the high volatile nature of bitcoin you will get plenty of time to enter and exit and make a good amount of profit and since the price touched back the $1000 barrier i assume that the price will sustain over 1k for some time.

[President79]

current price looks will continue to rise, probably one of the main causes is the Chinese new year. We all know that largest owners of the bitcoin is the China, when they sold when Chinese new year needs hence it costs down, and now they are starting to buy more so much will bitcoin continues to rise. I'm sure the price of $1.500 will be easily accomplished in 3 months.

[Erza]

current price looks will continue to rise, probably one of the main causes is the Chinese new year. We all know that largest owners of the bitcoin is the China, when they sold when Chinese new year needs hence it costs down, and now they are starting to buy more so much will bitcoin continues to rise. I'm sure the price of $1.500 will be easily accomplished in 3 months.

Your saying is not on any based proof, this is just some speculation because we never know about bitcoin price in the future. This bitcoin price until now is still volatile so we can't predict on anything, just based on some speculation can't be a solid proof that bitcoin price will rise in the future

[justdimin]

current price looks will continue to rise, probably one of the main causes is the Chinese new year. We all know that largest owners of the bitcoin is the China, when they sold when Chinese new year needs hence it costs down, and now they are starting to buy more so much will bitcoin continues to rise. I'm sure the price of $1.500 will be easily accomplished in 3 months.

Still you are finding some other reason which is related to China again for bitcoin's recent price upsurge.
But this time bitcoin showed very slow and steady appreciation which was answering many experts who are all doubting about bitcoin's potential and its pump scenarios.

I am also hoping bitcoin will sustain above $1000 in upcoming days for the leap toward $2000 price levels.

[South Park]

Now that bitcoin has reached $1000 it will be a good idea for people to hold on to their btc to maintain the price
 or we can just buy more btc  to push price even higher

holding bitcoin even at this stage is a good idea. i did not sold my bitcoin when the price cross 1150 in previous day and still not going to sell my bitcoin even if the price of bitcoin will cross 1200 USD level. because i am still pretty confident that this time the price of bitcoin is going to cross every 1600 use level very soon, so i am not going to sell my bitcoin in next moth or two.

Nothing wrong with that strategy it seems you are waiting for bitcoin to grow big before you sell, but if you had sold at the top and then bought again at 850 you could have made some nice profits and could be looking at even bigger profits right now.

Price is moving in a upward direction and it is predicted that price will be even higher in next couple of months so in that case its good to hold coins but if you bought bitcoins at lower price in the past then it would be smart to sell some of them to accumulate good profits and rest keep for the future hoping that price will be even higher by then.

I think it is always a good idea, that if you can sell for a profit, you sell part of your holding in bitcoin to materialize your profits, because if you keep holding bitcoin when there is a price increase then you could say you got profits but they are not going to materialize until you sell.

[dhampir-D]

current price looks will continue to rise, probably one of the main causes is the Chinese new year. We all know that largest owners of the bitcoin is the China, when they sold when Chinese new year needs hence it costs down, and now they are starting to buy more so much will bitcoin continues to rise. I'm sure the price of $1.500 will be easily accomplished in 3 months.

I was under the impression that in the coming days the price would return to the levels achieved earlier in the year, but it seems that the PBOC-related FUD is again interfering with the market. I hope it does not take long for people to realize that this does not compromise Bitcoin's use, even though it is an obstacle to some exchanges.

[szpalata]

Now that bitcoin has reached $1000 it will be a good idea for people to hold on to their btc to maintain the price
 or we can just buy more btc  to push price even higher

holding bitcoin even at this stage is a good idea. i did not sold my bitcoin when the price cross 1150 in previous day and still not going to sell my bitcoin even if the price of bitcoin will cross 1200 USD level. because i am still pretty confident that this time the price of bitcoin is going to cross every 1600 use level very soon, so i am not going to sell my bitcoin in next moth or two.

Nothing wrong with that strategy it seems you are waiting for bitcoin to grow big before you sell, but if you had sold at the top and then bought again at 850 you could have made some nice profits and could be looking at even bigger profits right now.

Price is moving in a upward direction and it is predicted that price will be even higher in next couple of months so in that case its good to hold coins but if you bought bitcoins at lower price in the past then it would be smart to sell some of them to accumulate good profits and rest keep for the future hoping that price will be even higher by then.

I think it is always a good idea, that if you can sell for a profit, you sell part of your holding in bitcoin to materialize your profits, because if you keep holding bitcoin when there is a price increase then you could say you got profits but they are not going to materialize until you sell.

That is true and it's been the problem of many people, all they know is to buy and keep the bitcoins in wallets as in an investment but I prefer to trade it off for profits and buy again when the prices reduces. I think that's the way to go

[AleksBozhinov]

How do you all feel now at a price over 7,000$?

[Rosberger]

How do you all feel now at a price over 7,000$?

They are feeling defeated this happens every time when bitcoin falls 1k. Some people will tell oh bitcoin will fall to 1k, but instead they don't know that bitcoin is the main coin.

People are trusting this coin with their heart me too. I have seen the potential even experts are saying that this is a monster. So you deny this also ? LOL

[FrankGismo]

Now that bitcoin has reached $1000 it will be a good idea for people to hold on to their btc to maintain the price
 or we can just buy more btc  to push price even higher

holding bitcoin even at this stage is a good idea. i did not sold my bitcoin when the price cross 1150 in previous day and still not going to sell my bitcoin even if the price of bitcoin will cross 1200 USD level. because i am still pretty confident that this time the price of bitcoin is going to cross every 1600 use level very soon, so i am not going to sell my bitcoin in next moth or two.

Nothing wrong with that strategy it seems you are waiting for bitcoin to grow big before you sell, but if you had sold at the top and then bought again at 850 you could have made some nice profits and could be looking at even bigger profits right now.

Price is moving in a upward direction and it is predicted that price will be even higher in next couple of months so in that case its good to hold coins but if you bought bitcoins at lower price in the past then it would be smart to sell some of them to accumulate good profits and rest keep for the future hoping that price will be even higher by then.

I think it is always a good idea, that if you can sell for a profit, you sell part of your holding in bitcoin to materialize your profits, because if you keep holding bitcoin when there is a price increase then you could say you got profits but they are not going to materialize until you sell.

That is true and it's been the problem of many people, all they know is to buy and keep the bitcoins in wallets as in an investment but I prefer to trade it off for profits and buy again when the prices reduces. I think that's the way to go

I agree with you i recommend to everyone to start trading because it can give you even more profit than just BTC itself although i find it very hard to understand which altcoin to trust and which not but because of the list i made i can easily know.

[wolfgang56]

What Will it Take For BTC to Reach $1000?

Let's discuss.

It will take long time for that because we know that its price is fluctuating so we can't be sure whether it will pump or dump. But we knew that when it dumps after few days it will gradually pump.

[althedge]

For it to lose 90% of its value from here, it would take a large event to drive fear into he markets. Dumping of the Satoshi wallets would do it. Perhaps negative legislation/taxation from the US. A critical bug or issue with the cryptography. The big five mining pools pull a 51% attack. All pretty low probability situations but no doubt there's plenty that could happen which is beyond preconception.

[Soranith]

Bitcoin already reached $10,000 in some exchange and for me the reason why bitcoin reached that far its because of the fork that is going to happen in the next month. And of course bitcoin is very popular now I can see a lot of insights about bitcoin all over facebook and twitter so people are already aware about this and they want to own bitcoin too so the more people buy bitcoin the more the price will go up.

[jovs]

May be one day that bitcoin become rare so the price will skyrocketing or may be more than $1000 but still its hard to become rare nowadays because people still dont know about it and for bitcoin, it need to become mainstream to every one first, so it will have a chance the price will go high

Bitcoin already reached $10,000 in some exchange and for me the reason why bitcoin reached that far its because of the fork that is going to happen in the next month. And of course bitcoin is very popular now I can see a lot of insights about bitcoin all over facebook and twitter so people are already aware about this and they want to own bitcoin too so the more people buy bitcoin the more the price will go up.

When more power will find bitcoin as a better option for transaction rather than fiat , that is also the time bitcoin price will experience increased and growth. Becasue I agree to your point that  having a fork or new process of bitcoin transaction for a better option could bring a big impact to the sudden changes of stock and demand un bitcoin in terms of transactions and investments. Where it could finally bring a bug changes or increased on bitcoin price.

[_Dawid_]

In my opinion for example when Amazon or any other bigger company will accept for example Ripple or Etherum, then everyone will see where is the real value of coin. Also 1000k by the banning in some countries. But 1000$ comapring to current 10 000$ is a huge different, i think that max about 5 k and not lower will eventually drop.

[applenap]

Oh, I see. Trading is really the best means to get your BTC to $1000. It's good to know that BTC proffers long term resources in comparison to other cryptocurrencies.

[gabmen]

Bitcoin already reached $10,000 in some exchange and for me the reason why bitcoin reached that far its because of the fork that is going to happen in the next month. And of course bitcoin is very popular now I can see a lot of insights about bitcoin all over facebook and twitter so people are already aware about this and they want to own bitcoin too so the more people buy bitcoin the more the price will go up.

This thread has been here for quite some time now though it's fun reading through previous posts about forecasts of what's going to happen to btc now that we're here. The 11k barrier has just been broken and i don't think btc is giving any signs of slowing down

[Fretcy]

As of today the value of bitcoins have surpassed $10000 and I just happen to see this thread right now about the value of bitcoins  and $1000 again there is no chance for thinking of $1000 and bitcoins as there is more and more demand for bitcoins which is due to increased number of bitcoin user's world wide, there is still chances for bitcoins to surpass above $40000 within a year or so. This bitcoin network is a trillion dollar market and this can help to increase your investments within a blink of an eye as we can see the value increases within seconds.

[Freshmen]

As of today the value of bitcoins have surpassed $10000 and I just happen to see this thread right now about the value of bitcoins  and $1000 again there is no chance for thinking of $1000 and bitcoins as there is more and more demand for bitcoins which is due to increased number of bitcoin user's world wide, there is still chances for bitcoins to surpass above $40000 within a year or so. This bitcoin network is a trillion dollar market and this can help to increase your investments within a blink of an eye as we can see the value increases within seconds.

Yeah value is now above 10k and investor around the globe are happy because their patience pay off and the coin has stepped into the five figures and now the journey to the highness is started and you are right now one after another milestone will be achieved by the bitcoin and this thing will be much fascinating for the bitcoin investor that they trusted the right coin and it will take them to the highest level of richness.

[Hans17]

As of today the value of bitcoins have surpassed $10000 and I just happen to see this thread right now about the value of bitcoins  and $1000 again there is no chance for thinking of $1000 and bitcoins as there is more and more demand for bitcoins which is due to increased number of bitcoin user's world wide, there is still chances for bitcoins to surpass above $40000 within a year or so. This bitcoin network is a trillion dollar market and this can help to increase your investments within a blink of an eye as we can see the value increases within seconds.

I just seen these post right know and actually I've seen the thread is old , the thread date is 2015 , and it said that what it will takes for btc to reach 10k , Im kind of laughing right know because , as we see some us just predicted it. And now welcome the price of the bitcoin , just like you said it surpassed 10k dollars , and still growing and increasing. Still bitcoin suprising us. And as of today its still increasing , congrats to the investors I think.