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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 43248 times)
pattu1
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October 03, 2015, 12:26:57 PM
 #141

I don't know, but im sure if the price of this is not over 500 usd in the next 2 years, then it will be less than 20 usd or even 10 at that time.

Lol... Yup, it will be over USD 500 in the next 2 years.
So the second part of your sentence is really unnecessary.
LMGTFY
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October 03, 2015, 12:49:24 PM
 #142

I don't know, but im sure if the price of this is not over 500 usd in the next 2 years, then it will be less than 20 usd or even 10 at that time.

Lol... Yup, it will be over USD 500 in the next 2 years.
So the second part of your sentence is really unnecessary.


I think they're paraphrasing Satoshi:
Quote
I’m sure that in 20 years there will either be very large (bitcoin) transaction volume or no volume.

(Feb. 14, 2010)

This space intentionally left blank.
pattu1
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October 04, 2015, 06:05:26 AM
 #143

I don't know, but im sure if the price of this is not over 500 usd in the next 2 years, then it will be less than 20 usd or even 10 at that time.

Lol... Yup, it will be over USD 500 in the next 2 years.
So the second part of your sentence is really unnecessary.


I think they're paraphrasing Satoshi:
Quote
I’m sure that in 20 years there will either be very large (bitcoin) transaction volume or no volume.

(Feb. 14, 2010)

Yes, they seem to be.
Only thing is they have shortened the 20 year time frame to 2 years.  Grin
LMGTFY
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October 04, 2015, 08:32:24 AM
 #144

I don't know, but im sure if the price of this is not over 500 usd in the next 2 years, then it will be less than 20 usd or even 10 at that time.

Lol... Yup, it will be over USD 500 in the next 2 years.
So the second part of your sentence is really unnecessary.


I think they're paraphrasing Satoshi:
Quote
I’m sure that in 20 years there will either be very large (bitcoin) transaction volume or no volume.

(Feb. 14, 2010)

Yes, they seem to be.
Only thing is they have shortened the 20 year time frame to 2 years.  Grin

15 years (time's moved since Satoshi said that). And (not unreasonably) extrapolating price from transaction volume. But if we're to see "no volume" in 15 years we'd presumably expect to see a trend toward that, rather than transaction volume and price suddenly hitting zero.

This space intentionally left blank.
smith coins
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October 05, 2015, 05:02:56 PM
 #145

I think that the price of 500 USD per bitcoin should be reached at the middle-end of the next year.
The reason should be the next halving where the block reward will be deducted by 50%.
But until that time there should be normal dump and pump until we reach gradually the price of $500.
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October 06, 2015, 08:26:40 AM
 #146

I think that the price of 500 USD per bitcoin should be reached at the middle-end of the next year.
The reason should be the next halving where the block reward will be deducted by 50%.
But until that time there should be normal dump and pump until we reach gradually the price of $500.


Probably when markus and willy start trading again!!!!lol  Grin

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October 06, 2015, 06:14:12 PM
 #147

I can only see bitcoin reaching $500 possibly in 2016 at the halving..At that time bitcoin will soon rise to some extent because of decrease in supply but don't expect it to rise too much..Before 2016, i don't see if bitcoin can really even cross 350$ because currently demand is very low since many months and bitcoin prices are stuck between $230 to $260 Tongue
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October 06, 2015, 06:27:07 PM
 #148

For this year is really hard to think that bitcoin price will reach 500 USD again.
By this year trend it would be perfect if this year ends by 300$ the price of a bitcoin.
Maybe by end of the next year (2016) it can be reachable again for $500.
lexuz
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October 06, 2015, 08:33:04 PM
 #149

For this year is really hard to think that bitcoin price will reach 500 USD again.
By this year trend it would be perfect if this year ends by 300$ the price of a bitcoin.
Maybe by end of the next year (2016) it can be reachable again for $500.
If you confidence price will reach to 300 before end of this year, i think we still have a hope to see price in range 450-500 before halving. Will see where price will going on
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October 07, 2015, 12:57:05 AM
 #150

For this year is really hard to think that bitcoin price will reach 500 USD again.
By this year trend it would be perfect if this year ends by 300$ the price of a bitcoin.
Maybe by end of the next year (2016) it can be reachable again for $500.
If you confidence price will reach to 300 before end of this year, i think we still have a hope to see price in range 450-500 before halving. Will see where price will going on

hmm yeah I believe the end of the year will reach 300, so that we can reach a price of 500 at mid-2016 or the end of 2016
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October 07, 2015, 09:42:25 AM
 #151

100$ 200$ move in BTC price in not that much, and happens easily

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October 07, 2015, 03:42:54 PM
 #152

100$ 200$ move in BTC price in not that much, and happens easily
Are you sure? I think what you mean is happen when mt gox still active and now want to see bitcoin price jump $50 is really hard, we need to wait 1 month maybe more than 1 month
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October 10, 2015, 07:33:56 AM
 #153

What is ETF ?
The Winklevoss twins are attempting to get an exchange traded fund up and running for bitcoin so that institutional investors feel more comfortable in getting exposure to bitcoin. I suspect that the relative stability that has been seen in this market for quite some time is meant to promote bitcoin as a stable-ish investment that may be enticing to hedge funds and other brokerages for big money to enter the field.
If you look at the details of the EFT, you can see that it's really a dump. The Winklevii own around BTC150,000. There's no way they can unload that now without crashing the Bitcoin price. If their EFT works, the Winklevii sell their Bitcoins to the ETF for cash and are out of the Bitcoin market. This only works if they can find enough suckers investors to buy into the ETF.
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October 10, 2015, 07:36:38 AM
 #154

...and why do you think so ?

I voted end of 2016, well I think it will be the run up to the end of 2016. My reasoning is because of the halving and hopefully if we don't get $500 it will reach fairly close to it on approach to the halving but who knows until it happens.

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October 10, 2015, 10:16:30 AM
 #155

it will reach this price somewhere in the middle of 2016

 
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pattu1
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October 11, 2015, 03:31:03 AM
 #156

...and why do you think so ?

I voted end of 2016, well I think it will be the run up to the end of 2016. My reasoning is because of the halving and hopefully if we don't get $500 it will reach fairly close to it on approach to the halving but who knows until it happens.

A lot of people (including me) are betting on the halving giving a boost to the price.
Not long before we find out.  Smiley
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October 11, 2015, 04:06:21 AM
 #157

...and why do you think so ?

I voted end of 2016, well I think it will be the run up to the end of 2016. My reasoning is because of the halving and hopefully if we don't get $500 it will reach fairly close to it on approach to the halving but who knows until it happens.

A lot of people (including me) are betting on the halving giving a boost to the price.
Not long before we find out.  Smiley
price may go up once people stop leverage buying simply in order to dump for quick profits. the market cant absorb the dumps of these leverage traders.

The bubbles if any will pop since bitcoin will need more long term holders who arent paying interest everyday on loans that are used to purchase bitcoin temporarily (and thus pressure traders to close positions quickly).

co-ordinated pump and dumps designed to overwhelm the market still seem to pose significant problems for bitcoin.
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October 11, 2015, 04:18:56 AM
 #158

price may go up once people stop leverage buying simply in order to dump for quick profits. the market cant absorb the dumps of these leverage traders.

The bubbles if any will pop since bitcoin will need more long term holders who arent paying interest everyday on loans that are used to purchase bitcoin temporarily (and thus pressure traders to close positions quickly).

co-ordinated pump and dumps designed to overwhelm the market still seem to pose significant problems for bitcoin.

Coordinated pumps and dumps are just noise (in relation to the true market price of bitcoin).
Look for the underlying trend, beneath the noise.

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October 11, 2015, 06:27:09 AM
 #159

I think it didnt rise again in $500 usd maybe it can rise only in 300-350 usd but $500 never..Is just my vote and im not expecting to rise the bitcoin into 500 usd
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October 11, 2015, 01:11:39 PM
 #160

if the end if this year bitcoin ended at 300 usd..

its likely end of 2016 will hit 500 usd, but who knows? it may surpass 500 usd if only there big event or development going on.

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