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Question: When will bitcoin reach 500 USD again ?
End of 2015
Middle of 2016
End of 2016
Middle of 2017
Never

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Author Topic: When will bitcoin reach 500 USD again ?  (Read 43242 times)
DiamondCardz
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October 25, 2015, 05:26:22 PM
 #201

My ideal outcome would be around Q3 2016 for BTC to reach 500 USD/BTC, because personally I think that's quite a sustainable rate of increase with respect to any new news about Bitcoin companies, etc that should have come out by then. Give or take a quarter, but I think we'll definitely see BTC hit 500 USD/BTC by the new year of 2017.

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October 26, 2015, 06:30:49 AM
 #202

With the current trend and sentiment I guess the $500 level is more likely possible within the November month of this year itself. The positive news on tax free nature is the big boost for bitcoin price rally. Unless any bad news and continuation of present trend will see the price testing $500 level soon.
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October 26, 2015, 11:06:17 AM
 #203

With the current trend and sentiment I guess the $500 level is more likely possible within the November month of this year itself. The positive news on tax free nature is the big boost for bitcoin price rally. Unless any bad news and continuation of present trend will see the price testing $500 level soon.

I would like to see the bitcoin price to reach $500 in November,
But i think it is to early to reach that price, I think if bitcoin will not reach in December
$500, then probably within 2 months in the next Year, i am very optimistic.
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October 26, 2015, 11:31:42 AM
 #204

With the current trend and sentiment I guess the $500 level is more likely possible within the November month of this year itself. The positive news on tax free nature is the big boost for bitcoin price rally. Unless any bad news and continuation of present trend will see the price testing $500 level soon.

Nah, no chance. We're having a bit of trouble hitting even $300 right now, I highly doubt we will hit $500 next month. If we do, it signals a really unsustainable bubble and I would be worried about it either way. Like I said, we need sustainable growth, not a ridiculous bubble that will quickly pop.

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October 27, 2015, 08:36:20 AM
 #205

With the current trend and sentiment I guess the $500 level is more likely possible within the November month of this year itself. The positive news on tax free nature is the big boost for bitcoin price rally. Unless any bad news and continuation of present trend will see the price testing $500 level soon.

Stable prize around $310 by the end of the year, then rises slowly to around $500 in the middle of 2016 is ideal. We do not need any more pump and dump. Stable price is the key to value storage.
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October 27, 2015, 09:38:27 AM
 #206

With the current trend and sentiment I guess the $500 level is more likely possible within the November month of this year itself. The positive news on tax free nature is the big boost for bitcoin price rally. Unless any bad news and continuation of present trend will see the price testing $500 level soon.

This year $500 isn't likely to happen. I am already happy to start the new year with a price stable above $300. After the halving $500 is definitely possible. Especially if the demand continues to grow.
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October 27, 2015, 04:54:34 PM
 #207

With the current trend and sentiment I guess the $500 level is more likely possible within the November month of this year itself. The positive news on tax free nature is the big boost for bitcoin price rally. Unless any bad news and continuation of present trend will see the price testing $500 level soon.

This year $500 isn't likely to happen. I am already happy to start the new year with a price stable above $300. After the halving $500 is definitely possible. Especially if the demand continues to grow.

With the price hike, demand and popularity of bitcoin goes rapidly. Only popularity of bitcoin creates demand. So, if the price goes up we can see more demand due to famous bitcoin. With this scenario I expect $500 in November 2015 itself.
DiamondCardz
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October 27, 2015, 05:22:15 PM
 #208

With the price hike

what

demand and popularity of bitcoin goes rapidly.

what

Only popularity of bitcoin creates demand. So, if the price goes up we can see more demand due to famous bitcoin.

I guess...?

With this scenario I expect $500 in November 2015 itself.

Your reasoning is heavily flawed in this argument. We aren't going to see $500 next month due to some random barely explained spike in Bitcoin popularity, and any proof for that must be invalid as we would already be seeing prices that high if the proof was valid.

BA Computer Science, University of Oxford
Dissertation was about threat modelling on distributed ledgers.
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October 27, 2015, 05:27:29 PM
 #209


I'm no expert but I do hope its value will rise. $500 may not happen this year but one thing is for sure, I'm staying to earn btc.

GermanGiant (OP)
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November 04, 2015, 09:27:50 AM
 #210

With the current trend and sentiment I guess the $500 level is more likely possible within the November month of this year itself. The positive news on tax free nature is the big boost for bitcoin price rally. Unless any bad news and continuation of present trend will see the price testing $500 level soon.

Nah, no chance. We're having a bit of trouble hitting even $300 right now, I highly doubt we will hit $500 next month. If we do, it signals a really unsustainable bubble and I would be worried about it either way. Like I said, we need sustainable growth, not a ridiculous bubble that will quickly pop.

With the current trend and sentiment I guess the $500 level is more likely possible within the November month of this year itself. The positive news on tax free nature is the big boost for bitcoin price rally. Unless any bad news and continuation of present trend will see the price testing $500 level soon.

Stable prize around $310 by the end of the year, then rises slowly to around $500 in the middle of 2016 is ideal. We do not need any more pump and dump. Stable price is the key to value storage.

With the current trend and sentiment I guess the $500 level is more likely possible within the November month of this year itself. The positive news on tax free nature is the big boost for bitcoin price rally. Unless any bad news and continuation of present trend will see the price testing $500 level soon.

This year $500 isn't likely to happen. I am already happy to start the new year with a price stable above $300. After the halving $500 is definitely possible. Especially if the demand continues to grow.

It seems nothing is impossible in this crazy world of bitcoin. $430 now Wink
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November 04, 2015, 09:34:29 AM
 #211



With the current trend and sentiment I guess the $500 level is more likely possible within the November month of this year itself. The positive news on tax free nature is the big boost for bitcoin price rally. Unless any bad news and continuation of present trend will see the price testing $500 level soon.

This year $500 isn't likely to happen. I am already happy to start the new year with a price stable above $300. After the halving $500 is definitely possible. Especially if the demand continues to grow.

It seems nothing is impossible in this crazy world of bitcoin. $430 now Wink

A few days later I also realize that $500 is not that unlikely anymore for this year, it even might reach $500 within November. This just shows how unpredictable Bitcoin is. We can only make a rough guess beforehand, and that's all.
dollarneed
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November 04, 2015, 09:44:55 AM
 #212

now 1 bitcoin equals $441, well i was wrong, i've choose midle of 2016 on pool, let us see if end of 2015 bitcoin will reach 500 USD again, iam quite sure that price of bitcoin will reach 500 USD or even 600 USD, hoping the price is skyrocket
jaredboice
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November 04, 2015, 09:46:19 AM
 #213

End of the year?  How about the end of the week!?  Cheesy
GermanGiant (OP)
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November 04, 2015, 09:58:38 AM
 #214

now 1 bitcoin equals $441, well i was wrong, i've choose midle of 2016 on pool, let us see if end of 2015 bitcoin will reach 500 USD again, iam quite sure that price of bitcoin will reach 500 USD or even 600 USD, hoping the price is skyrocket

Now, the question is not when it'll reach 500. The question is whether it'll stabilize at 500 or go back to 200 again in a short crash ?
victoryboy
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November 04, 2015, 09:59:51 AM
 #215

I think 500 USD will be seen in couple of days.When first time I participated in this poll my answer was in middle od 2016 somewhere but after observing closely recent rise it is clear that 500 USD is matter of time now.So it can reach at any time.
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November 04, 2015, 10:01:29 AM
 #216

End of the year?  How about the end of the week!?  Cheesy

You can be right Smiley. As seen the price rise in the last few days, we can hit $500 even by the end of this week Smiley.
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November 04, 2015, 10:44:57 AM
 #217

End of the year?  How about the end of the week!?  Cheesy

You can be right Smiley. As seen the price rise in the last few days, we can hit $500 even by the end of this week Smiley.
Current wave of rising shows it can be there at 500 $ even today.I think by the end of this week we will see price over 650$ not what you say.This is very different type of rise is which is very strong and constant.


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n2004al
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November 04, 2015, 10:56:47 AM
 #218

...and why do you think so ?

According to this guy in this guy in this thread: https://bitcointalk.org/index.php?topic=1237130.0 within the next two days (beginning today). To tell the truth i would love this fact but for not having disappoints if this price will not be reached disagreed with him. So I would tell that this price can be reached within a week beginning from today. But again, it is one (important) thing the reach of an high price and it is another one (most more important) thing the remain of price in that level. If the price will go again down nothing has happened. Some smart guys or speculators have earned some money but the most important thing, bitcoin, have gain nothing. Only when bitcoin will be able to remain in the reached levels of price, can be told that bitcoin has made steps ahead.
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November 04, 2015, 11:41:52 AM
 #219

With the price hike

what

demand and popularity of bitcoin goes rapidly.

what

Only popularity of bitcoin creates demand. So, if the price goes up we can see more demand due to famous bitcoin.

I guess...?

With this scenario I expect $500 in November 2015 itself.

Your reasoning is heavily flawed in this argument. We aren't going to see $500 next month due to some random barely explained spike in Bitcoin popularity, and any proof for that must be invalid as we would already be seeing prices that high if the proof was valid.


welll.....no....$450

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dollarneed
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November 04, 2015, 11:58:26 AM
 #220

now 1 bitcoin equals $441, well i was wrong, i've choose midle of 2016 on pool, let us see if end of 2015 bitcoin will reach 500 USD again, iam quite sure that price of bitcoin will reach 500 USD or even 600 USD, hoping the price is skyrocket

Now, the question is not when it'll reach 500. The question is whether it'll stabilize at 500 or go back to 200 again in a short crash ?

Iam not sure, but i'll keep positive and believe that the price would be going up and hoping it'll stabilize at good price, hoping there will not be another mtgox or something else that break down the price, well let us see, now the price is 472 USD
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