[Chart] Here is my prediction about Bitcoin Price till 1st Dec 2017

[ammy009]

Here is my prediction about Bitcoin Price till 1st Dec 2017



Time                    Price
July 1, 2010    $0.09
August 1, 2010    $0.06
September 1, 2010    $0.06
October 1, 2010    $0.06
November 1, 2010    $0.20
December 1, 2010    $0.25
January 1, 2011    $0.30
February 1, 2011    $0.72
March 1, 2011    $0.94
April 1, 2011    $0.77
May 1, 2011    $3.03
June 1, 2011    $10.60
July 1, 2011    $15.40
August 1, 2011    $13.09
September 1, 2011    $8.21
October 1, 2011    $5.03
November 1, 2011    $3.15
December 1, 2011    $3.06
January 1, 2012    $5.27
February 1, 2012    $6.08
March 1, 2012    $4.92
April 1, 2012    $4.83
May 1, 2012    $5.00
June 1, 2012    $5.27
July 1, 2012    $6.63
August 1, 2012    $9.55
September 1, 2012    $9.97
October 1, 2012    $12.40
November 1, 2012    $10.57
December 1, 2012    $12.56
January 1, 2013    $13.30
February 1, 2013    $20.50
March 1, 2013    $34.50
April 1, 2013    $104.00
May 1, 2013    $116.38
June 1, 2013    $129.30
July 1, 2013    $84.61
August 1, 2013    $96.42
September 1, 2013    $128.26
October 1, 2013    $125.49
November 1, 2013    $198.51
December 1, 2013    $946.92
January 1, 2014    $770.44
February 1, 2014    $853.02
March 1, 2014    $563.74
April 1, 2014    $478.72
May 1, 2014    $456.27
June 1, 2014    $629.02
July 1, 2014    $635.59
August 1, 2014    $595.08
September 1, 2014    $474.13
October 1, 2014    $381.33
November 1, 2014    $325.39
December 1, 2014    $378.64
January 1, 2015    $313.92
February 1, 2015    $226.40
March 1, 2015    $258.74
April 1, 2015    $246.55
May 1, 2015    $232.12
June 1, 2015    $241.96
July 1, 2015    $243.78
August 1, 2015    $234.54
September 1, 2015    $216.05
October 1, 2015    $205.14
November 1, 2015    $199.11
December 1, 2015    $198.83
January 1, 2016    $205.49
February 1, 2016    $207.97
March 1, 2016    $204.41
April 1, 2016    $204.14
May 1, 2016    $204.63
June 1, 2016    $205.41
July 1, 2016    $209.29
August 1, 2016    $217.67
September 1, 2016    $218.91
October 1, 2016    $226.00
November 1, 2016    $220.58
December 1, 2016    $226.27
January 1, 2017    $227.22
February 1, 2017    $247.92
March 1, 2017    $291.31
April 1, 2017    $541.26
May 1, 2017    $622.99
June 1, 2017    $719.99
July 1, 2017    $336.96
August 1, 2017    $383.76
September 1, 2017    $525.82
October 1, 2017    $509.10
November 1, 2017    $931.55
December 1, 2017    $1,223.40

[Amph]

so basically you think that the halving will bring nothing? or that the rise because of it will be delayed?

and based by your chart will be delayed for almost a year, not too realistic...

if this really happen then numerous farm will shutdown, they can keep running with 12.5 per block

also a resonable view on the future price isn't more true if the price will not rise too much, by this i mean that bitcoin has at least the same possibility to reach 10k on 2017 than 2k(which may look more reasonable)

[ammy009]

so basically you think that the halving will bring nothing? or that the rise because of it will be delayed?

and based by your chart will be delayed for almost a year, not too realistic...

if this really happen then numerous farm will shutdown, they can keep running with 12.5 per block

also a resonable view on the future price isn't more true if the price will not rise too much, by this i mean that bitcoin has at least the same possibility to reach 10k on 2017 than 2k(which may look more reasonable)

No, halving will affect the market 100% sure, but, I think the effect on increasing price will be little delayed.

See bitcoin mining reward schedule : https://en.bitcoin.it/wiki/Controlled_supply

In this page it shows the bitcoin mining reward will be 12.5 at 2017. I calculated & found that this will affect the market mostly on September - December , 2017.

[Amph]

so basically you think that the halving will bring nothing? or that the rise because of it will be delayed?

and based by your chart will be delayed for almost a year, not too realistic...

if this really happen then numerous farm will shutdown, they can keep running with 12.5 per block

also a resonable view on the future price isn't more true if the price will not rise too much, by this i mean that bitcoin has at least the same possibility to reach 10k on 2017 than 2k(which may look more reasonable)

No, halving will affect the market 100% sure, but, I think the effect on increasing price will be little delayed.

See bitcoin mining reward schedule : https://en.bitcoin.it/wiki/Controlled_supply

In this page it shows the bitcoin mining reward will be 12.5 at 2017. I calculated & found that this will affect the market mostly on September - December , 2017.

your calculations are based on what, on the controlled supply table? can you show me the passages of it, i'm interested

[manselr]

Here is my prediction about Bitcoin Price till 1st Dec 2017



Time                    Price
July 1, 2010    $0.09
August 1, 2010    $0.06
September 1, 2010    $0.06
October 1, 2010    $0.06
November 1, 2010    $0.20
December 1, 2010    $0.25
January 1, 2011    $0.30
February 1, 2011    $0.72
March 1, 2011    $0.94
April 1, 2011    $0.77
May 1, 2011    $3.03
June 1, 2011    $10.60
July 1, 2011    $15.40
August 1, 2011    $13.09
September 1, 2011    $8.21
October 1, 2011    $5.03
November 1, 2011    $3.15
December 1, 2011    $3.06
January 1, 2012    $5.27
February 1, 2012    $6.08
March 1, 2012    $4.92
April 1, 2012    $4.83
May 1, 2012    $5.00
June 1, 2012    $5.27
July 1, 2012    $6.63
August 1, 2012    $9.55
September 1, 2012    $9.97
October 1, 2012    $12.40
November 1, 2012    $10.57
December 1, 2012    $12.56
January 1, 2013    $13.30
February 1, 2013    $20.50
March 1, 2013    $34.50
April 1, 2013    $104.00
May 1, 2013    $116.38
June 1, 2013    $129.30
July 1, 2013    $84.61
August 1, 2013    $96.42
September 1, 2013    $128.26
October 1, 2013    $125.49
November 1, 2013    $198.51
December 1, 2013    $946.92
January 1, 2014    $770.44
February 1, 2014    $853.02
March 1, 2014    $563.74
April 1, 2014    $478.72
May 1, 2014    $456.27
June 1, 2014    $629.02
July 1, 2014    $635.59
August 1, 2014    $595.08
September 1, 2014    $474.13
October 1, 2014    $381.33
November 1, 2014    $325.39
December 1, 2014    $378.64
January 1, 2015    $313.92
February 1, 2015    $226.40
March 1, 2015    $258.74
April 1, 2015    $246.55
May 1, 2015    $232.12
June 1, 2015    $241.96
July 1, 2015    $243.78
August 1, 2015    $234.54
September 1, 2015    $216.05
October 1, 2015    $205.14
November 1, 2015    $199.11
December 1, 2015    $198.83
January 1, 2016    $205.49
February 1, 2016    $207.97
March 1, 2016    $204.41
April 1, 2016    $204.14
May 1, 2016    $204.63
June 1, 2016    $205.41
July 1, 2016    $209.29
August 1, 2016    $217.67
September 1, 2016    $218.91
October 1, 2016    $226.00
November 1, 2016    $220.58
December 1, 2016    $226.27
January 1, 2017    $227.22
February 1, 2017    $247.92
March 1, 2017    $291.31
April 1, 2017    $541.26
May 1, 2017    $622.99
June 1, 2017    $719.99
July 1, 2017    $336.96
August 1, 2017    $383.76
September 1, 2017    $525.82
October 1, 2017    $509.10
November 1, 2017    $931.55
December 1, 2017    $1,223.40

I really like this approach and seems one of the most realistic ones. Big players will get tons of cheap BTC before it going mainstream on this stable, low price period, just like what happened in between Gold burst cycles, only this time after 2017 the ATH will be pulverized, 10.000 USD by 2025 is a reasonable amount, if not before. After people's brain click and they realize a) what Bitcoin is and b) how the coin release from mining (halving periods) is about to become near flat, the price will explode.

[BTCevo]

Here is my prediction about Bitcoin Price till 1st Dec 2017

So what is your prediction is based on? And why halving bitcoin in the end of this year is nothing to do with the price skyrocketting? Can give us some proof from where did you get your source about this? The thing I know that everyone is wait for end of this year to dump all of their bitcoin because the price will go high on the contrary you post about controvert to what people believe in

[Benjig]

February 1, 2015    $226.40
March 1, 2015    $258.74
April 1, 2015    $246.55
May 1, 2015    $232.12
June 1, 2015    $241.96
July 1, 2015    $243.78
August 1, 2015    $234.54
September 1, 2015    $216.05
October 1, 2015    $205.14
November 1, 2015    $199.11
December 1, 2015    $198.83
January 1, 2016    $205.49
February 1, 2016    $207.97
March 1, 2016    $204.41
April 1, 2016    $204.14
May 1, 2016    $204.63
June 1, 2016    $205.41
July 1, 2016    $209.29
August 1, 2016    $217.67
September 1, 2016    $218.91
October 1, 2016    $226.00
November 1, 2016    $220.58
December 1, 2016    $226.27
January 1, 2017    $227.22
February 1, 2017    $247.92
March 1, 2017    $291.31

2 Years of Static price? I believe if that happens, then your prediction of $1200 by November 1, 2017 will wait so much longer.

[Jeremycoin]

Seems interesting, so now we can just wait til the future and prove if it's a true prediction. Please teach me how to predict a Bitcoin price like this, maybe it will bring a luck in my trading activity

[randy8777]

op is too optimistic. i think the halving will result in a decent but realistic price. something in the range of $350. after that it will be very interesting. then we will know what the halving really means for the price.

[Pab]

By my opinion halving will bring price increasing to 500$-600$
than price will go down

I think  cruciuall will be technology development,will be btc app 2  alive or not,if not,bitcoin can have huge problems

[ammy009]

so basically you think that the halving will bring nothing? or that the rise because of it will be delayed?

and based by your chart will be delayed for almost a year, not too realistic...

if this really happen then numerous farm will shutdown, they can keep running with 12.5 per block

also a resonable view on the future price isn't more true if the price will not rise too much, by this i mean that bitcoin has at least the same possibility to reach 10k on 2017 than 2k(which may look more reasonable)

No, halving will affect the market 100% sure, but, I think the effect on increasing price will be little delayed.

See bitcoin mining reward schedule : https://en.bitcoin.it/wiki/Controlled_supply

In this page it shows the bitcoin mining reward will be 12.5 at 2017. I calculated & found that this will affect the market mostly on September - December , 2017.

your calculations are based on what, on the controlled supply table? can you show me the passages of it, i'm interested

Ok. I'll reveal all after updating my chart till 2024

[NorrisK]

That would be a boring ride to come! May be good for new entrepreneurs to join the party though! I do like the approach and sense of making a real estimation, not a wishful one.

[azguard]

By my opinion halving will bring price increasing to 500$-600$
than price will go down

I think  cruciuall will be technology development,will be btc app 2  alive or not,if not,bitcoin can have huge problems

Halving will bring price double at least.

[Q7]

Well, similar like what you are thinking, generally I don't believe that the effect of block reward halving will be instantaneous. A lot of people are expecting a boom which will take place immediately right after the cut but for me, I feel that the effect will only be felt months down the road, when the supply effect finally sets in. Don't forget we have a lot of mining farms still holding on to substantial amount of stash and they are waiting for the right time to sell. So the effect of price increase will not be very soon.

[lyth0s]

In general these types of posts are better fit for the speculation sub-thread for future reference.

In response to your price predictions I highly highly doubt bitcoin price will be stable for 2 years. It'll either be worth a LOT more or go down to near $0.

[randy8777]

In general these types of posts are better fit for the speculation sub-thread for future reference.

In response to your price predictions I highly highly doubt bitcoin price will be stable for 2 years. It'll either be worth a LOT more or go down to near $0.

down to near $0? since you're a high ranked hero member you must know that this isn't possible within a few years. it may go down, but nothing like you say.

[BTCevo]

In general these types of posts are better fit for the speculation sub-thread for future reference.

In response to your price predictions I highly highly doubt bitcoin price will be stable for 2 years. It'll either be worth a LOT more or go down to near $0.

down to near $0? since you're a high ranked hero member you must know that this isn't possible within a few years. it may go down, but nothing like you say.

Altough it wont go down near $0 but there is possiblities that the price will going down significantly, we never know the future and what will happen to bitcoin until that time, we can only wait the price going up and hope it will be stable, may be not this few years but there is chance too

[iram91445]

In general these types of posts are better fit for the speculation sub-thread for future reference.

In response to your price predictions I highly highly doubt bitcoin price will be stable for 2 years. It'll either be worth a LOT more or go down to near $0.

down to near $0? since you're a high ranked hero member you must know that this isn't possible within a few years. it may go down, but nothing like you say.

is it possible for it to go to for example 1 dollar? i dont think so as there will be users of it, i think it can go to 20 dollars

[Amph]

In general these types of posts are better fit for the speculation sub-thread for future reference.

In response to your price predictions I highly highly doubt bitcoin price will be stable for 2 years. It'll either be worth a LOT more or go down to near $0.

down to near $0? since you're a high ranked hero member you must know that this isn't possible within a few years. it may go down, but nothing like you say.

is it possible for it to go to for example 1 dollar? i dont think so as there will be users of it, i think it can go to 20 dollars

neither 20, at worst case i could see it going at the price before the 1200 peak happened, which was around 90, but in the end what i really think is that it won't go even below 150-200, because the mining farms are already too big, to let that happen, they worked hard for growing their big farms , i think they will start buying too if the price fall too much

[Slark]

By my opinion halving will bring price increasing to 500$-600$
than price will go down

I think  cruciuall will be technology development,will be btc app 2  alive or not,if not,bitcoin can have huge problems

Halving will bring price double at least.

I agree. Halving will change price for sure. Not including this in Op's chart is a mistake. I don't understand how after 2016-07-29 (the date of the next halving) price of bitcoin would stay low.
And suddenly in 2017 it will rise up above $1000? I find it highly doubtful. But as far as I know bitcoin could be gone after Gavincoin will be introduced.