$13,000 bitcoins by the end of 2016? $120,000 by 2018? (golden ratio fractals)

[parmatiya]

people are still so negative even with the facts right in front of them

oh well, it's their loss. I have been ready for a long time.

we all are its time for gathering
in mater of days all will be like firework i hope with no surprises

We do not want fireworks. We already had the fireworks and the price is dropping at the moment. Hope not too low.

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[peres]

[Just so I don't offend anyone I am a newbie]
About two months ago Bitcoin was at about $400 and the miners were doing well. Everyone said that the price needed to double to accommodate the halving or mining may not be profitable - we ll it has nearly doubled already and hashpower has increased (I think), so I think the halving will not create a problem at all - but hopefully it will increase the value of Bitcoin and interest . . . this is my newbie opinion.

[kehtolo]

It was always going to do this. It was never going to cause a problem. If you look around most people expected the price to rise.
The simplest from of supply and demand is.. if you halve the supply, then the price will automatically double.
It doesn't happen overnight.. but it is beginning to get priced in now.
I expect it will more than simple double.
Also it depends when you take as your starting point.
$220 was roughly a solid bottom. It has more than tripled since then. And is on it's way to quadrupling.

[Luterwish]

It was always going to do this. It was never going to cause a problem. If you look around most people expected the price to rise.
The simplest from of supply and demand is.. if you halve the supply, then the price will automatically double.
It doesn't happen overnight.. but it is beginning to get priced in now.
I expect it will more than simple double.
Also it depends when you take as your starting point.
$220 was roughly a solid bottom. It has more than tripled since then. And is on it's way to quadrupling.

I expect the price to rise, but not so dramatic. 10% of the price suggested by the OP is more reasonable.

[socks435]

For me its impossible to happen its a huge amount of bitcoin 13k value in the end of 2016. for my speculation this the end of this year the price will reduce i think the price will stay back to 600-700 value i am not sure but this is my speculation.. but i have something feelings that the price will goes back to below 300 value just the same happen in old block halving history. also 120,ooo on 2018 i don't believe that it will happen in the future,..

[americanpegasus]

It was always going to do this. It was never going to cause a problem. If you look around most people expected the price to rise.
The simplest from of supply and demand is.. if you halve the supply, then the price will automatically double.
It doesn't happen overnight.. but it is beginning to get priced in now.
I expect it will more than simple double.
Also it depends when you take as your starting point.
$220 was roughly a solid bottom. It has more than tripled since then. And is on it's way to quadrupling.

I expect the price to rise, but not so dramatic. 10% of the price suggested by the OP is more reasonable.

Just like if Bitcoin is recovering from a crash to $2, the reasonable top is $60 - not $1200. 
 
Sadly the universe tends to be less rational than we would like, by orders of magnitude. 
 
That being said, this chart (which has been eerily accurate until now, with only a slight variance in the time span) predicts this rise to hit around $1000 and then go for a horrific crash down to the $300 to $400 range before the real moon bubble begins.

[parmatiya]

For me its impossible to happen its a huge amount of bitcoin 13k value in the end of 2016. for my speculation this the end of this year the price will reduce i think the price will stay back to 600-700 value i am not sure but this is my speculation.. but i have something feelings that the price will goes back to below 300 value just the same happen in old block halving history. also 120,ooo on 2018 i don't believe that it will happen in the future,..

That is right. The price will be at most $1500 this year. If it is $13,000, there is a very big bubble, it will burst.

[azguard]

For me its impossible to happen its a huge amount of bitcoin 13k value in the end of 2016. for my speculation this the end of this year the price will reduce i think the price will stay back to 600-700 value i am not sure but this is my speculation.. but i have something feelings that the price will goes back to below 300 value just the same happen in old block halving history. also 120,ooo on 2018 i don't believe that it will happen in the future,..

That is right. The price will be at most $1500 this year. If it is $13,000, there is a very big bubble, it will burst.

speculation and prediction here are welcome after all this is speculation tread.
OP state his opinion on this and most here are we need to wait little more then we will see what will be after halving

[Novalok]

This can only happen when the market makers decide to make it happen. They can once they hold enough of the btc and we all know there are a few higher up who are most definitely helping this market move.
13k though by the end of this year is unlikely.

[nururochac]

people are still so negative even with the facts right in front of them

oh well, it's their loss. I have been ready for a long time.

But the prediction on the price is still impossible to achieve. The op posted last year and things change drastically that we didnt even expect.

[parmatiya]

Well your prediction is possible but the possibility of that happening is only 5%. It have a low probability of happening because I think that there will still be some price corrections after halving.

I can safely say the prediction is impossible. but I will buy some bitcoin just in case the price rises to $13000 this year.

[Genemon]

Well your prediction is possible but the possibility of that happening is only 5%. It have a low probability of happening because I think that there will still be some price corrections after halving.

I can safely say the prediction is impossible. but I will buy some bitcoin just in case the price rises to $13000 this year.

I think if you want to buy bitcoin in the hope that the bitcoin price will be $13,000 later this year, you will be disappointed.

[peres]

I read a reputable source that said that Bitcoin would rise further in the second half of the year. . . .

[americanpegasus]

I posted this chart, admittedly not my own, in October of last year.  And for the past 8 months it has been the most eerily accurate price predictor of Bitcoin on this entire site. 
 
Now - it next predicts that since we have nearly touched $1000 we crash to $300 - as in, before end of July most likely.  Yes, right after the halving.  Yes I know that doesn't make any fucking sense.  And then it predicts a slowly swell followed by a vertical climb to five digits.  I mean, trade however you want. 
 
 
 
You are responsible for your own decisions and this topic is for entertainment purposes only - nothing here should be construed as financial advice.  But if it *does* crash to $300?  Then holy shit, you better buckle up because we both know what's coming in/on 2017.

[ASHLIUSZ]

I read a reputable source that said that Bitcoin would rise further in the second half of the year. . . .

price may rise into the halving on a lot of hype and then it could see a big dump. Price lives in the real world of traders navigating through complex systems. Plus we need to see if miners continue to feel incentivized.

[helloeverybody]

I posted this chart, admittedly not my own, in October of last year.  And for the past 8 months it has been the most eerily accurate price predictor of Bitcoin on this entire site. 
 
Now - it next predicts that since we have nearly touched $1000 we crash to $300 - as in, before end of July most likely.  Yes, right after the halving.  Yes I know that doesn't make any fucking sense.  And then it predicts a slowly swell followed by a vertical climb to five digits.  I mean, trade however you want. 
 
 
 
You are responsible for your own decisions and this topic is for entertainment purposes only - nothing here should be construed as financial advice.  But if it *does* crash to $300?  Then holy shit, you better buckle up because we both know what's coming in/on 2017.

I dont think i could imagine bitcoin crashing down to $300 now because if it did im sure lots of people would buy all they could at that price since it seems so cheap now. I know i for sure will be loading up if price does crash down that low. Only problem would be if it continues to crash lower than that. Panic may well in-sue and drop the price like a rock.

[Ethey]

I posted this chart, admittedly not my own, in October of last year.  And for the past 8 months it has been the most eerily accurate price predictor of Bitcoin on this entire site. 
 
Now - it next predicts that since we have nearly touched $1000 we crash to $300 - as in, before end of July most likely.  Yes, right after the halving.  Yes I know that doesn't make any fucking sense.  And then it predicts a slowly swell followed by a vertical climb to five digits.  I mean, trade however you want. 
 
 
 
You are responsible for your own decisions and this topic is for entertainment purposes only - nothing here should be construed as financial advice.  But if it *does* crash to $300?  Then holy shit, you better buckle up because we both know what's coming in/on 2017.

The almanac in your Hands can tell you everything but only until 2000 so its really useless to provide that rage for 2016
But anyways i would like it

[Bavaria]

I posted this chart, admittedly not my own, in October of last year.  And for the past 8 months it has been the most eerily accurate price predictor of Bitcoin on this entire site. 
 
Now - it next predicts that since we have nearly touched $1000 we crash to $300 - as in, before end of July most likely.  Yes, right after the halving.  Yes I know that doesn't make any fucking sense.  And then it predicts a slowly swell followed by a vertical climb to five digits.  I mean, trade however you want. 
 
 
 
You are responsible for your own decisions and this topic is for entertainment purposes only - nothing here should be construed as financial advice.  But if it *does* crash to $300?  Then holy shit, you better buckle up because we both know what's coming in/on 2017.

So according to your reasoning long term holder have nothing to care about even if the price reaches USD 300.

[newcoins1978]

This is not happening in 2016 we are not even at $1000 so I am sure that $13,000 is not happening. And $120,000 in 2018 is also not happening it just is to unrealistic.
We have to be real here and focus on the real things speculating about these numbers is not going to help us.

The price is not going got be $13,000 in 2016 that is unrealistic and you are speculating without even thinking good about it.
It would be a miracle if the price was going from $600 to suddenly $13,000. 

[americanpegasus]

This is not happening in 2016 we are not even at $1000 so I am sure that $13,000 is not happening. And $120,000 in 2018 is also not happening it just is to unrealistic.
We have to be real here and focus on the real things speculating about these numbers is not going to help us.

The price is not going got be $13,000 in 2016 that is unrealistic and you are speculating without even thinking good about it.
It would be a miracle if the price was going from $600 to suddenly $13,000.  

 
  
Kind of like how it went from $2 to $1000?  
  
And it won't happen suddenly, but if it happens - it could happen by early 2017 even if the chart is off by a few months.  Or maybe I'm wrong - I never said this is the absolute future.  I simply proposed it as a hypothesis ringing with mathematical beauty last October... a hypothesis that has consistently delivered every step of the way until now.