$1000 by 1q 2016?

[blacky90]

$1000 by the first quarter of 2016?

your thoughts?

[WENGER]

Although we've been on a steady uphill route for the past few days and in time of typing this were at $415 value, I highly doubt that would reach up to that extent by first Q of 2016, at most I think it would be in range of 500-ish to 600 value so I wouldn't really hope for that high as expectations makes people feel failure once it isn't meet.

[spazzdla]

No

[InvoKing]

can we reach $1000 by the first quarter of 2016? 

your thoughts?

Everything could be possible but I don't think that the price will reach 1k$ in the first quarter, if you said after the halving / mid-2016 then I could say YES

[Meuh6879]

No.

[BitMaxz]

No imposible maybe it will happen middle of 2016 but in the first quarter it will never happen no matter what happen...

[rally]

That's a bit to fast i think.
Let's hope at the end of 2016.
That should be great.

[Dilla]

I'd say $680ish. $1k is possible but not likely, I'd say Q2 to Q3 we'll see $1k+. If we see $1k in Q1, we will be heading for $3k by the halving.

[The Sceptical Chymist]

Look, this is bitcoin and it can be a roller coaster ride, so $1000 is possible by Q1 2016.  Certainly.  Having said that, I don't think we're going to get there by then.  And if it did happen, we might be in another bubble situation.  I think it's best if btc rises slowly and consistently, like blood levels of a good antidepressant.  Nature abhors sharp peaks. 

[Snail2]

Everything possible, but $1000 in Q1 seems to be unlikely. Call me bearish if you want but I would be happy with $500-600 .

[rally]

Look, this is bitcoin and it can be a roller coaster ride, so $1000 is possible by Q1 2016.  Certainly.  Having said that, I don't think we're going to get there by then.  And if it did happen, we might be in another bubble situation.  I think it's best if btc rises slowly and consistently, like blood levels of a good antidepressant.  Nature abhors sharp peaks. 

That is very good said.
A good news around BTC in the press should be very good to create a roller coaster, and than everything is possibel.
Lest hope for a good 2016. I am in fact already very happy that the price don't go down.

[Graphics]

That's a bit too unrealistic. I don't think the price of bitcoin can more than double in such a short period of time.

$500 is probably a good estimate IMO.

[HarryKPeters]

Yeah 500 maybe 600 certainly not more. There is just too many factors which prohibit a new pump to 1000. The market cap is much bigger so the market manipultators need
way more money to pump it to 1000 usd. A 600 value would probably make the manipulators go broke.

[ajareselde]

$1000 by the first quarter of 2016?

your thoughts?

Bitcoin halving is scheduled to be approx by end of June, so i am thinking it's 2nd quarter 2016 that will spike up the price the most, and if we are to move
up to 1k usd next year (which i am certain we will), it should be then. In 1st quarter i'm mostly expect attempts of manipulation and a lot of fake bad news
designed to convince people to sell for a lower price.

[600watt]

That's a bit too unrealistic. I don't think the price of bitcoin can more than double in such a short period of time.

$500 is probably a good estimate IMO.

when this beast gets unleashed doubling is nothing!

price oct 12th 2013: $120
price nov 29th 2013: $1100

= 9fold in 7 weeks.

end of q1 is...

like...  hm...

= 20fold in 16 weeks    

[jakelyson]

I also think the most plausible speculation is around 600 if the current movement continues. I do not want to be too optimistic and wish for a sudden 1000 and then it will suddenly drop also. A steady pace upwards is better.

[NorrisK]

I also think the most plausible speculation is around 600 if the current movement continues. I do not want to be too optimistic and wish for a sudden 1000 and then it will suddenly drop also. A steady pace upwards is better.

A spike for fun wouldn't be too bad.. As long as the general trend is going upwards, I don't mind it touching 1000 before stabalizing at 600.

I don't expect bitcoin to keep rising steadily, there will be some thunder associated with it somewhere down the line.

[Graphics]

That's a bit too unrealistic. I don't think the price of bitcoin can more than double in such a short period of time.

$500 is probably a good estimate IMO.

when this beast gets unleashed doubling is nothing!

price oct 12th 2013: $120
price nov 29th 2013: $1100

= 9fold in 7 weeks.

end of q1 is...

like...  hm...

= 20fold in 16 weeks    

Hmm.... Ok 20 fold in 16 weeks in the current context is around $8400 a coin by March xD

I do hope that could happen though

[Wilhelm]

$666 always screws up people and trading can end up going sideways below this level.

[traderbit]

As most of the replies are saying no then i am with them.
THere is not any good reason to believe that the price will hit 1k.
It is even doubtful if 1k will be hit by the end of 2016