Bitcoin at $600 before December?

[richardsNY]

Blockhalving will surely have a decent impact on the price but $600 is quite on the high side. If we manage to touch $500 I will greatly celebrate it.

[Furio]

Trend looks good, but $600... That's impossible

IMPOSSIBLE, that is how you describe it!? Hope you agree that it's not possible to say this about bitcoin, you simply cannot know.... If a Warren Buffet or such a person decides tomorrow to convert a billion to bitcoin, we're allready there, so impossible is simply not true It's not likely, that I will agree

[Mickeyb]

Trend looks good, but $600... That's impossible

IMPOSSIBLE, that is how you describe it!? Hope you agree that it's not possible to say this about bitcoin, you simply cannot know.... If a Warren Buffet or such a person decides tomorrow to convert a billion to bitcoin, we're allready there, so impossible is simply not true It's not likely, that I will agree

Exactly, nothing is impossible in Bitcoin. But if we remove the possibility of some extra rich man getting half of his life savings into Bitcoin and if we remove a possibility that blockchain will be hacked thus crashing the value considerably down, I also think $600 is on the high side.

I would be happy if we continue with the slow growth and if we would be anywhere in between $400-$500. This would be great!

[manselr]

It's funny looking at the pessimistic low predictions to try to save face in case you are wrong, after the big 1K crash people has become pessimistic and highly underrate the potential growth of BTC, feels good knowing the end price will be higher than any of the predictions being made on threads such as this one.

[randy8777]

It's funny looking at the pessimistic low predictions to try to save face in case you are wrong, after the big 1K crash people has become pessimistic and highly underrate the potential growth of BTC, feels good knowing the end price will be higher than any of the predictions being made on threads such as this one.

tell me what's the point of people making unreasonable price predictions? i much rather see realistic predictions that some of you guys might even consider low while in fact it isn't.

[fullypak]

It's funny looking at the pessimistic low predictions to try to save face in case you are wrong, after the big 1K crash people has become pessimistic and highly underrate the potential growth of BTC, feels good knowing the end price will be higher than any of the predictions being made on threads such as this one.

It not the case saving face for tomorrow. When we say some thing if not realistic at least it should reasonable and also with back up data. So without any big reasons here every one thinking reaching 600 may not be possible.

[lexuz]

I think that's impossible we need jump high to reach $600. All player will start to pump price 6 or 4 month before halving. that's my opinion

[Derrike]

No, not at all.
We can expect this price at the time of may June, 2016 and not December 2015.
Before halving there will be much hoarding and which will exponentially increase the bitcoin prices like the mtgox pump.

[yayayo]

It's funny looking at the pessimistic low predictions to try to save face in case you are wrong, after the big 1K crash people has become pessimistic and highly underrate the potential growth of BTC, feels good knowing the end price will be higher than any of the predictions being made on threads such as this one.

tell me what's the point of people making unreasonable price predictions? i much rather see realistic predictions that some of you guys might even consider low while in fact it isn't.

The problem is that one can't define what's "realistic" in the case of Bitcoin, because the fundamentals (mainly adoption) can't be measured reliably.

So any prediction might turn out to be extremely unreasonable (low or high) after the fact. I'd say - considering the past volatility of Bitcoin - $ 600 before December is a conservative bullish prediction.

ya.ya.yo!

[bornil267645]

I don't think bitcoin will reach that point. It will be more along the lines of 350$ in my view.

[Pk880058]

I don't think bitcoin will reach that point. It will be more along the lines of 350$ in my view.

Yes you are right,  $600 is a bit like wonderland.
If we aim for $600 then the month should be around may or maybe June.
Just the same also happened to litecoin before halving.

[geofflosophy]

Man you are all under-shooting. The moon is coming, next run-up imminent before December, $5k, $7k, $10k, Can't wait.

[farting_shot]

The price upward basically triggers based on demand for the bitcoins. If more and more companies accepts bitcoins then surely bitcoin price will move up and I don't think this it will happen so fast by this year end to reach price 600. I think it may go up to 400 in this year.

Actually, if you look at the price when overstock ,tiger direct, microsoft, etc started accepting bitcoins as payment, it actually DROPPED. Precisely because these companies traded bitcoins immediately into fiat.

We won't see 400 this year, no matter how many companies started accepting bitcoins.

We won't see 300 this year, no matter what.

We will likely test 230-240 this year.

[Chef Ramsay]

Man you are all under-shooting. The moon is coming, next run-up imminent before December, $5k, $7k, $10k, Can't wait.

That's totally the case, stop messing around w/ 5 or 600$ as is so impossible at this point.  Wallflowers will sell too early and miss out on the next run and will rue the day they folded w/ two pairs on a five stud hand. If you can't comprehend the thousands for bitcoin as the next runup point then just sell now and be out of the consolidation picture once and for all.