Dilla
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October 15, 2015, 05:34:07 PM |
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Oct10-Jul11 may happen again Oct15-Jul16. Could we see a similar rise? ($0.08-$31, then), ($255-$77,000, now). (About 310x) unrealistic, but hey, any things possible.
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victoryboy
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October 15, 2015, 05:46:23 PM |
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We will see 500 USD again in the end of next year after what halving of blocks will have taken place.Till then there will be seen many movements upwards and downwards but mainly price will be in range of 240-280 USD on average.
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Hugroll
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October 15, 2015, 07:00:15 PM |
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i think itll happen either around the halfing or couple of months before. 500 is pretty high of a number though btc would have to pretty much double in value for that to happen.
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Proxiebuier
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October 15, 2015, 11:10:36 PM |
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My vote is for middle of 2016 to reach the price of Bitcoin at 500 USD.There is already a steady increase which will take this rise to that level after halving and overall price will be stable.
i hope you are right , if bitcoin can hit $500 im sure more people will be interesting to buy a ton of bitcoin at $250
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svein
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October 15, 2015, 11:16:58 PM |
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during the halving pump of course.
somewhere in 2016, i guess middle 2016
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lexuz
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October 16, 2015, 06:11:42 AM |
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i think itll happen either around the halfing or couple of months before. 500 is pretty high of a number though btc would have to pretty much double in value for that to happen.
Agree increase demand will rise bitcoin price, at least we will see bigger jump in chart bitcoin soon and now china market in positive track
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prodigy8
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October 16, 2015, 09:02:17 AM |
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Next week. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) (Permabull speaked) I don't think that the bitcoin price can reach $500 by the next week. It really needs to double itself value which is impossible. By this price trend i think that bitcoin price can reach before the New Year.
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Oscilson
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October 16, 2015, 10:17:58 AM |
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Next week. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) (Permabull speaked) I don't think that the bitcoin price can reach $500 by the next week. It really needs to double itself value which is impossible. By this price trend i think that bitcoin price can reach before the New Year. Maybe middle of next year.
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Pab
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October 16, 2015, 10:57:29 PM |
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I marked middle of 2016,be very opimistic march 2016 ,than stay between 420$ 500$ longer time,and next move up But it is very opitimistic,first need to pass 310$ level,than accumulate on 300$ level,than can rise higher,if to fast will be only speculation and trap to dump on higher level
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mirana12345
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October 17, 2015, 02:06:04 AM |
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I agree with the most popular opinion here (as per poll). The main reason is the incoming halving next year, and the secondary is ofcourse the fact that everyone thinks and expects it to go up, so all you need is a little spark, and away it goes !
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Oscilson
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October 17, 2015, 08:44:03 AM |
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I agree with the most popular opinion here (as per poll). The main reason is the incoming halving next year, and the secondary is ofcourse the fact that everyone thinks and expects it to go up, so all you need is a little spark, and away it goes !
The spark could be that many companies obtain bitliscense.
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coinplus
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October 19, 2015, 01:06:35 PM |
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I agree with the most popular opinion here (as per poll). The main reason is the incoming halving next year, and the secondary is ofcourse the fact that everyone thinks and expects it to go up, so all you need is a little spark, and away it goes !
In my opinion, $500 level would be reachable within this year if the current trend sustained. Because of new money flow to buy bitcoin and the new exchange operations started, people will forget the old bitter story and the bitcoin may back into track of raising.
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DeathAngel
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October 19, 2015, 01:08:41 PM |
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We will see 500 next summer when the halving occurs.
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Oscilson
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October 20, 2015, 04:22:22 PM |
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I agree with the most popular opinion here (as per poll). The main reason is the incoming halving next year, and the secondary is ofcourse the fact that everyone thinks and expects it to go up, so all you need is a little spark, and away it goes !
In my opinion, $500 level would be reachable within this year if the current trend sustained. Because of new money flow to buy bitcoin and the new exchange operations started, people will forget the old bitter story and the bitcoin may back into track of raising. Current trend will not sustain if there is no major good news.
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afriezalie
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October 20, 2015, 04:31:40 PM |
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With current price, I think we will touch $500 in the middle of 2016 or about 8 months from now, $269 is still too far from $500. Also I hope bitcoin halving plan will bring good effect for bitcoin price.
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Kevin77
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October 20, 2015, 05:41:24 PM |
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With current price, I think we will touch $500 in the middle of 2016 or about 8 months from now, $269 is still too far from $500. Also I hope bitcoin halving plan will bring good effect for bitcoin price.
Yes halving will do some magic. Only the initial push is required to reach any prices. I do not think it's completely meaningless that how long it take to reach some $50, so that it would take same amount of time for another $50. Usually commodities trade in logerathemic sequences.
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coinplus
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October 20, 2015, 06:30:44 PM |
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With current price, I think we will touch $500 in the middle of 2016 or about 8 months from now, $269 is still too far from $500. Also I hope bitcoin halving plan will bring good effect for bitcoin price.
Yes halving will do some magic. Only the initial push is required to reach any prices. I do not think it's completely meaningless that how long it take to reach some $50, so that it would take same amount of time for another $50. Usually commodities trade in logerathemic sequences. Yes bitcoin prices also grown rapidly over time not in sequential pattern. So, $500 dollar per one bitcoin is possible at any time with the current situations persistence. Bitcoin has already test ~$1200 levels so $500 are not a big hurdle to climb up.
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GermanGiant (OP)
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October 24, 2015, 09:41:09 PM |
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With current price, I think we will touch $500 in the middle of 2016 or about 8 months from now, $269 is still too far from $500. Also I hope bitcoin halving plan will bring good effect for bitcoin price.
Yes halving will do some magic. Only the initial push is required to reach any prices. I do not think it's completely meaningless that how long it take to reach some $50, so that it would take same amount of time for another $50. Usually commodities trade in logerathemic sequences. Yes bitcoin prices also grown rapidly over time not in sequential pattern. So, $500 dollar per one bitcoin is possible at any time with the current situations persistence. Bitcoin has already test ~$1200 levels so $500 are not a big hurdle to climb up. I think, only a handful person could sell @ 1200 and take his money out. Most were locked at Mt. Gox fiasco and lost their fund there.
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crairezx20
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October 24, 2015, 11:14:19 PM |
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Maybe this 2016 it will jump like a horse to 500$ or above like before.Dont you remember the year that bitcoin was rising too fast before.. we will wait for that before we sell our bitcoin and profit and to be rich too... ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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smith coins
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October 25, 2015, 04:18:54 PM |
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Maybe this 2016 it will jump like a horse to 500$ or above like before.Dont you remember the year that bitcoin was rising too fast before.. we will wait for that before we sell our bitcoin and profit and to be rich too... ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) By this trend the bitcoin price will reach $300 soon. So basically $500 will hit after few months or at least before July When is the halving period which will affect directly the bitcoin price.
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