Do you really think bitcoin price will pump to 1000 dollars after....

[redsn0w]

Continuation of the thread title:

... the next block reward halving? from 25 BTC to 12.5 BTC.


Or a modified question:

Do you really think the bitcoin price (not value) will jump again to 1000 dollars (without any manipulation)? and will you buy 1 bitcoin for 1000 USD?

[WhatTheGox]

Continuation of the thread title:

... the next block reward halving? from 25 BTC to 12.5 BTC.


Or a modified question:

Do you really think the bitcoin price (not value) will jump again to 1000 dollars (without any manipulation)? and will you buy 1 bitcoin for 1000 USD?

Yes it will happen unless something else which is the same comes along and takes it place.  Whatever that is will have to be decentralized though else the current bitcoin community will stick with bitcoin.  The community and smart minds who support bitcoin keep bitcoin coming back stronger.

Also $1k isnt very high, some clever people think way higher....https://www.youtube.com/watch?v=AvevkBg6ZU4

[Morecoin Freeman]

When it reaches 1k again I will buy 1 bitcoin for $1000 to celebrate.

[redsn0w]

Continuation of the thread title:

... the next block reward halving? from 25 BTC to 12.5 BTC.


Or a modified question:

Do you really think the bitcoin price (not value) will jump again to 1000 dollars (without any manipulation)? and will you buy 1 bitcoin for 1000 USD?

Yes it will happen unless something else which is the same comes along and takes it place.  Whatever that is will have to be decentralized though else the current bitcoin community will stick with bitcoin.  The community and smart minds who support bitcoin keep bitcoin coming back stronger.

Also $1k isnt very high, some clever people think way higher....https://www.youtube.com/watch?v=AvevkBg6ZU4

Wait if bitcoin will be mainstream (so used by a lot of person) I think the price wil go down, because a lot of people will start to use and keep always bitcoin instead to convert it for FIAT currencies...


I think something it will happen after (but also few days before) the next block reward halving but sincerely not 1'000 dollars per bitcoin (most probable around 500 dollars).

[gentlemand]

If it does get back there again it'll have to be for a far more convincing reason this time around. Considering the developments that are arriving thick and fast, it becomes more possible by the day.

Would I buy at $1000? Yes, but only replacing what I'm spending. I have enough coins.

[redsn0w]

When it reaches 1k again I will buy 1 bitcoin for $1000 to celebrate.

Fantastic, but remember if you want that the price remains around 1000 dollars a lot of people should continue to buy . However I like your optimism, but I think only the speculation will bring again bitcoin more high than now (or it will be destroyed/dumped to 10 dollars).

[redsn0w]

If it does get back there again it'll have to be for a far more convincing reason this time around. Considering the developments that are arriving thick and fast, it becomes more possible by the day.

Would I buy at $1000? Yes, but only replacing what I'm spending. I have enough coins.

It seems the 'actual developments' will not bring bitcoin to 1k dollars, in these months we have talked only about the "hard fork" of the blockSize - named "Gavin fork". So I sincerely think the bitcoin itself will not sustain itself, and we need again the willy bot (sarcasm).

[gentlemand]

It seems the 'actual developments' will not bring bitcoin to 1k dollars.

I was referring more to ecosystem developments, but they do go hand in hand with improved technical functioning which is indeed pretty stale. There's no point in building all this awesome stuff if only a tiny number of people can actually use Bitcoin itself.

[redsn0w]

It seems the 'actual developments' will not bring bitcoin to 1k dollars.

I was referring more to ecosystem developments, but they do go hand in hand with improved technical functioning which is indeed pretty stale. There's no point in building all this awesome stuff if only a tiny number of people can actually use Bitcoin itself.

Exactly, but if a lot of people will start to think bitcoin is better than actual economic system why should they convert (or change) BTC for FIAT currencies? I would like to edit and fix my previous post, maybe they will only start to buy a lot of bitcoin to use them directly and that thing can 'pump' the price. But as always, it need an external sort of manipulation and the developments will not cause the rise of the price.

[chmod755]

I think the price wil go down, because a lot of people will start to use and keep always bitcoin instead to convert it for FIAT currencies...

Why do you think the price will go down if more people are keeping and using their BTC?  That doesn't make any sense to me. 

[redsn0w]

I think the price wil go down, because a lot of people will start to use and keep always bitcoin instead to convert it for FIAT currencies...

Why do you think the price will go down if more people are keeping and using their BTC?  That doesn't make any sense to me. 

Fixed in the above post, you are right .. for one moment I thought the contrary.

[WhatTheGox]

Continuation of the thread title:

... the next block reward halving? from 25 BTC to 12.5 BTC.


Or a modified question:

Do you really think the bitcoin price (not value) will jump again to 1000 dollars (without any manipulation)? and will you buy 1 bitcoin for 1000 USD?

Yes it will happen unless something else which is the same comes along and takes it place.  Whatever that is will have to be decentralized though else the current bitcoin community will stick with bitcoin.  The community and smart minds who support bitcoin keep bitcoin coming back stronger.

Also $1k isnt very high, some clever people think way higher....https://www.youtube.com/watch?v=AvevkBg6ZU4

Wait if bitcoin will be mainstream (so used by a lot of person) I think the price wil go down, because a lot of people will start to use and keep always bitcoin instead to convert it for FIAT currencies...

If it goes mainstream and people are converting in and out of bitcoin to fiat all day long the market cap will have to be huge to take the transactions.  Way above $10k even is whats been suggested before.  Make sure you hodling some long long term.

[1Referee]

It is very possible, I can't think of a reason why it shouldn't go over $1000 with high demand and great news after 2016.

The only thing I hope for is that merchants at some point will keep at least 50% of the Bitcoins that they generate via sales, instead of converting 100% of the amount into fiat currency.

[melody82]

yes I am sure it will hit 1000$ when next block reward halving, even we can see 3000$ price, but I will not buy bitcoin at that price, I will sell some of my bitcoins for celebration

[klee]

Let's break 250$ first...

[Fiat_Hodler]

eventually, although I wouldnt worry too much about long term goals. Focus instead on steady growth and expanding userbase.

[redsn0w]

It is very possible, I can't think of a reason why it shouldn't go over $1000 with high demand and great news after 2016.

The only thing I hope for is that merchants at some point will keep at least 50% of the Bitcoins that they generate via sales, instead of converting 100% of the amount into fiat currency.

It is only an expectation, and if we will hope for ever .... I think you know what will happen.I do not think they will hold, if the price will be good they will dump a large sum of bitcoin.

yes I am sure it will hit 1000$ when next block reward halving, even we can see 3000$ price, but I will not buy bitcoin at that price, I will sell some of my bitcoins for celebration

1 minute after the halving, or after some months/years? Give us your ETA  .

Let's break 250$ first...

Exactly... I believed 1k dollars for a long time but the price cannot raise neither to 500 dollars  .

eventually, although I wouldnt worry too much about long term goals. Focus instead on steady growth and expanding userbase.

Thanks for your opinion.

[1Referee]

It is very possible, I can't think of a reason why it shouldn't go over $1000 with high demand and great news after 2016.

The only thing I hope for is that merchants at some point will keep at least 50% of the Bitcoins that they generate via sales, instead of converting 100% of the amount into fiat currency.

It is only an expectation, and if we will hope for ever .... I think you know what will happen.I do not think they will hold, if the price will be good they will dump a large sum of bitcoin.

I know at some point merchants will dump the coins they earned via sales. I only meant to say that instead of directly having 100% converted to fiat, they keep a part of the coins for a while to sell it for a better price later. I'm sure tech related companies will have more interest in doing so than non techies.

[huadylmate]

Continuation of the thread title:

... the next block reward halving? from 25 BTC to 12.5 BTC.


Or a modified question:

Do you really think the bitcoin price (not value) will jump again to 1000 dollars (without any manipulation)? and will you buy 1 bitcoin for 1000 USD?

First question no the halving pump won't go to $1000 lucky if it goes $350. Second question.. No bitcoin will not go to $1000 again even with manipulation helping it. If I am honest I don't really care either I started with less than I have now and I have withdrawn more than I started it is a win win and the price is not something I let bother me anymore.

[Rizla2345]

It´s possible but unlikely any time soon. There is never any volume or buying but presumably that will change at some point in the future. One can always hope.