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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)
Altynbekova
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November 25, 2015, 09:56:09 PM
 #301

It will be next year for sure.

There is too much happening and coming n 2016. It will be the year of bitcoin.

The halving, the world crisis, the Dollar crash.. pick any one of those.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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TTMNewsMJ
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November 25, 2015, 11:09:12 PM
 #302

End of 2015
I hope it will be in that price again.
jt byte
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November 25, 2015, 11:18:33 PM
 #303

Very hard to see it even reach that level by the end of the year the way it is acting on the price today.
Might see it at mid mark by June.July next year.
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November 26, 2015, 07:55:04 AM
 #304

I voted for Middle of 2016 and seems that most of the people think like me Tongue, i am a bit surprised with the percentage of "never", $500 will be reached at least during the next year, after the halving period.
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November 26, 2015, 08:03:11 AM
 #305

I voted for Middle of 2016 and seems that most of the people think like me Tongue, i am a bit surprised with the percentage of "never", $500 will be reached at least during the next year, after the halving period.
i believe it too bitcoin will reach $500+ in middle of 2016. if a new bubble starts soon we'll see $500 at the end of 2015.
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November 26, 2015, 08:05:07 AM
 #306

I voted for Middle of 2016 and seems that most of the people think like me Tongue, i am a bit surprised with the percentage of "never", $500 will be reached at least during the next year, after the halving period.
i believe it too bitcoin will reach $500+ in middle of 2016. if a new bubble starts soon we'll see $500 at the end of 2015.

We have seen how fast the bitcoin price moved from 200s to 400s almost ~500, so everything is possible and within few weeks if big exchanges(those who pump the price) they can easily bring up the price to 500 usd again.
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November 26, 2015, 08:25:19 AM
 #307

I voted for Middle of 2016 and seems that most of the people think like me Tongue, i am a bit surprised with the percentage of "never", $500 will be reached at least during the next year, after the halving period.
i believe it too bitcoin will reach $500+ in middle of 2016. if a new bubble starts soon we'll see $500 at the end of 2015.

We have seen how fast the bitcoin price moved from 200s to 400s almost ~500, so everything is possible and within few weeks if big exchanges(those who pump the price) they can easily bring up the price to 500 usd again.

But I do see everything due to halving. The Chinese wished to take the possible bottom so they started in October itself. I believe by December end for another round of pumping. So, I strongly believe bitcoin prices may reach $500 to $600 levels again by this year end.
avw1982
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November 26, 2015, 08:58:03 AM
 #308

I didn't vote as I honestly don't know when it will happen but I think it ill get there again eventually but it will be more of a slow growth and could take time. I do think bitcoin will go back to 1k again but this could take a few years maybe even around 5.
But people are mostly giving their view about bitcoin's price as It will reach some beyond in this year end itself. I would like that happen soon because I have some BTC with I wanna sell for some good fiat currency range. So I am waiting for that
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November 29, 2015, 03:24:07 PM
 #309

I think mid 2016, since july 2016 the  blockhalving will be due.

This reduced block reward to 12.5 BTC. With other words miners need more value to run their asic miners.

I don't think only the halving will force price to rise. If reward is decreased there may be some miners leaving mining and selling all of their coin forcing price to go down. So there is 50/50 chance on mid 2016.

Why the selling of the coins of the miners who will leave must happen exactly when they will leave? I think totally different thing. The leaving of mining doesn't mean for sure hate of bitcoin or less like or love for it by them. Mean that their understand that cannot earn more mining. Only this and nothing else. This fact, according to me, must have as a reaction only one thing. The opposite of that told by the above poster. Not only the hold of the bitcoins earned since that day from the mining and stop of the selling if made since that moment (they again will believe on bitcoin for sure) but even the search of possibility to have others (which will compensate the lack of earnings from the mining). So we will have another, totally different, situation. They not only will not be more part of the supply but will be part of the demand, increasing this last even more. Result: big and more probability to have higher price compared with the situation if they will continue to mine again. So double possibility of increase of price. First, because will be less coins in the market, second, can be verified probable increase of demand because of above told.
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November 29, 2015, 03:31:23 PM
 #310

Its going to be quite hard for the bitcoin price to reach $500 this year. There is still a small possibility that we might cross that barrier.
RKen
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November 29, 2015, 03:47:09 PM
 #311

Looking from the movement, I think the end of 2015 and early 2016 Bitcoin could reach a value of $500, and I expect more than that, lol
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November 29, 2015, 04:00:14 PM
 #312

Looking from the movement, I think the end of 2015 and early 2016 Bitcoin could reach a value of $500, and I expect more than that, lol
That's too high of an expectation for the end of this year or early 2016. We might reach $500 in mid-2016.
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November 29, 2015, 04:06:06 PM
 #313

My vote goes to mid-2016. To little left in 2015, and we probably already saw the top for this year ($502). As the halving approaches (end of July 2016), we will definitely see more Bitcoin-positive news and then we will revisit $500. But I don't expect it in January 2016, more probably somewhere in the spring, around Eastern.

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TigerMart
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December 02, 2015, 10:21:19 AM
 #314

My vote goes to mid-2016. To little left in 2015, and we probably already saw the top for this year ($502). As the halving approaches (end of July 2016), we will definitely see more Bitcoin-positive news and then we will revisit $500. But I don't expect it in January 2016, more probably somewhere in the spring, around Eastern.
I was online at the time of 502. There were only two buy offers over 500 @ BitStamp. I doubt anyone actually traded at that price.
uki
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December 02, 2015, 08:08:14 PM
 #315

My vote goes to mid-2016. To little left in 2015, and we probably already saw the top for this year ($502). As the halving approaches (end of July 2016), we will definitely see more Bitcoin-positive news and then we will revisit $500. But I don't expect it in January 2016, more probably somewhere in the spring, around Eastern.
I was online at the time of 502. There were only two buy offers over 500 @ BitStamp. I doubt anyone actually traded at that price.
I agree that this is a pure chart painting, we just touched $500 mark (which will be saved as the top in the statistics), but we didn't manage to show convincing volume there. But that is quite typical for the tops not only in Bitcoin, usually very few trades happen on the absolute top or very close to it.

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newcoins1978
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December 02, 2015, 08:34:09 PM
 #316

My vote goes to mid-2016. To little left in 2015, and we probably already saw the top for this year ($502). As the halving approaches (end of July 2016), we will definitely see more Bitcoin-positive news and then we will revisit $500. But I don't expect it in January 2016, more probably somewhere in the spring, around Eastern.
I was online at the time of 502. There were only two buy offers over 500 @ BitStamp. I doubt anyone actually traded at that price.

Good to know. In my believe i really messed up not selling at 500, since my coins were locked at hashnest.

This makes it more bearable.
avw1982
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December 02, 2015, 09:07:56 PM
 #317

Very hard to see it even reach that level by the end of the year the way it is acting on the price today.
Might see it at mid mark by June.July next year.
Price going in zigzag way We can't predict it as it is. If we the last month itself means 1 week it was below 300# then It moved to around 350$ and now current price 360$. you can find the article for Bitcoin price prediction in 99bitcoins.com and you could find prediction in bitcoinprediction.com. That would helpful for you
onlinedragon
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December 02, 2015, 09:25:45 PM
 #318

I think that price will be hit early January the 500$, since all media talk about Bitcoin more people will get involved with Bitcoin.
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December 03, 2015, 09:59:26 AM
 #319

I think that price will be hit early January the 500$, since all media talk about Bitcoin more people will get involved with Bitcoin.
Media continuously talk about Bitcoin and that is yet not the reason to rise to $500. A speculative rise is possible, but I would expect it in the beginning of the spring.
Now having said that, I think that we need some fundamental developments to happen in order to have a healthy rise. Otherwise, it will end up as quickly as the previous one, three weeks ago.

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bitcoin-hunter
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December 03, 2015, 10:11:59 AM
 #320

I think around 2016 will reach 500 USD again. You can't tell also when will happend so just lets watch it happening.
With bitcoin yo can be sure. Maybe it will reach this year so yeah.
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