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Author Topic: [2015-12-31] 2016 BTC Price Predictions Are Bullish But Tamer Than PreviousYear  (Read 182 times)
LiteCoinGuy
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December 31, 2015, 11:23:28 AM
 #1

2016 Bitcoin Price Predictions Are Bullish But Tamer Than Previous Years

What makes predicting long-term bitcoin prices so interesting is the fact that they are so difficult to predict. You may be better off throwing darts.

http://www.financemagnates.com/cryptocurrency/trading/2016-bitcoin-price-predictions-are-bullish-but-tamer-than-previous-years/

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December 31, 2015, 12:01:09 PM
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"Bobby Lee, CEO of Chinese bitcoin exchange BTCC, believes bitcoin will reach $3,500, also because of the halving phenomenon."

That is not a tame prediction.

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December 31, 2015, 01:08:13 PM
 #3

"Bobby Lee, CEO of Chinese bitcoin exchange BTCC, believes bitcoin will reach $3,500, also because of the halving phenomenon."

That is not a tame prediction.

A lot people expect the price to reach more than a few $K. The only question is... in what time frame? Is it in 2016? 2017? 2020? These kind of predictions barely have value as long we stay far below $1000.

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