When will bitcoin reach 500 USD again ?

[GermanGiant]

...and why do you think so ?

[jeffthebaker]

I think it's most likely that a price of $500 will take place at some point around the halving that should take place in middle of 2016. Even if the actual reward change isn't a steep enough change to force an increase to $500, the speculation surrounding it will be, if even for a moment.

[randy8777]

definitely not this year. i can only see the price go to around $500 due to the block halving. demand currently is too low to come even close to $500. we do need to wait till after the halving.

[BlindMayorBitcorn]

I think as demand dwindles, as the original use-cases become less and less relevant, we should expect Bitcoin to hover around the cost of production, which I understand varies widely but is a little over a hundred bucks roughly.  I don't expect to see 800 or 690 or 500 or whatever ever again.

[hoian0809]

It will be at $500 per BTC by 2020. Mining will mostly be dead by then, demand will have gone up and supply will be down. Acquiring will be much easier, and using will be much easier with additions such as address aliases. The unbanked in poor countries will be able to participate in online commerce easily, and for supply to go up, the decimal point must shift right to create enough of the currency to keep up with demand.

[royalcrypt]

It will be 500 at the end of 2016.

I think price has been corrected as much as it could and it is growing now with stability and 500 is not a big deal to achieve within a year.

[pitham1]

$500 sometime in 2017.
It is more than double the current price. Don't expect it to get there in a hurry (block reward halving or otherwise).

[Cconvert2G36]

I think as demand dwindles, as the original use-cases become less and less relevant, we should expect Bitcoin to hover around the cost of production, which I understand varies widely but is a little over a hundred bucks roughly.  I don't expect to see 800 or 690 or 500 or whatever ever again.

Original use cases? like shooting value around the internet without permission?

That brutal mistress doling out lessons.

[Dilla]

Gemini, ETF, Halving.
=$500+ in 2016

[Q7]

I'll give it another 5 more years. The current blockchain size debate has not yet resolved and i expect it to have a long way to go. At this point it seems the outlook is rather gloomy

[BlindMayorBitcorn]

I think as demand dwindles, as the original use-cases become less and less relevant, we should expect Bitcoin to hover around the cost of production, which I understand varies widely but is a little over a hundred bucks roughly.  I don't expect to see 800 or 690 or 500 or whatever ever again.

Original use cases? like shooting value around the internet without permission?

That brutal mistress doling out lessons.

Shiny boots of leather. Ouch! IMHO Whatever utility it had in China to move value out of the country has evaporated. And last I checked Wikileaks accepts Paypal nao

Edit: did I choose the wrong words? Or are these two cases where Bitcoin is seeing less and less use?

[Cconvert2G36]

I think as demand dwindles, as the original use-cases become less and less relevant, we should expect Bitcoin to hover around the cost of production, which I understand varies widely but is a little over a hundred bucks roughly.  I don't expect to see 800 or 690 or 500 or whatever ever again.

Original use cases? like shooting value around the internet without permission?

That brutal mistress doling out lessons.

Shiny boots of leather. Ouch! IMHO Whatever utility it had in China to move value out of the country has evaporated. And last I checked Wikileaks accepts Paypal nao

Edit: did I choose the wrong words? Or are these two cases where Bitcoin is seeing less and less use?

Meh, I think the chinese gambler market outpaces chinese capital flight and wikileaks donations, even at their strongest.

[ndnh]

Just a month to go. Why don't we have that option?

[dinda22]

only predict the end of 2015, because really there is no news that could push up the price of bitcoin 

[lexuz]

not sure the price will back to $ 500, very sad to see bitcoin  broken like this and I'm not sure also if the size of the debate has ended blockchain, prices will up.

[Franciem]

...and why do you think so ?

we will reach 500$ at Middle of 2016 

[everaja]

This year no chance of rocketing high to 500$ , even 300+ this is not possible in coming months , only in 2016 we can see some sparks if more people comes to join with bitcoins.

[Franciem]

This year no chance of rocketing high to 500$ , even 300+ this is not possible in coming months , only in 2016 we can see some sparks if more people comes to join with bitcoins.

but I think we can reach 300$ at end of this year

[lambdaE]

Completely dependent on turbulence and store-of-value dynamics, as the transaction usage seems to be stagnant.

[Amph]

i see only two reason for bitcoin to rise at the moment, the end of the internal problem about XT/BIPxxx, (we should at least return to 280) and the halving which is coming

both things will require 2016, at this point waiting for any substantial increase this year would be a bit naive, but one can dream