Bitcoin to go to US$800+

[dez82]

With today's news of the Global market crash, I believe chinese investors will start buying up BTC to hedge against the low rate of the Yuan.
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11569321

You're all going to be very rich if you hold your Bitcoins today.

[randy8777]

bitcoin is going to rise in value with or without a global market crash. i think the investors outside bitcoin won't start with buying bitcoin just because the markets are crashing. for that to happen, they need to know what bitcoin is. if they don't know that it is a great investment, then they will invest their money elsewhere.

[btckold24]

I think bitcoin is going up 100% with or without a crash. I think people will buy big time / hold ahead of
halving.

I know not everyone thinks halving will send it way up but I know people will hold to see what happens which will
help bitcoin go up.

[Moneyburner]

It's possible, but nothing has come of it so far. Given my current investments I'd rather it not fall...

[justspare]

There has already been a thread like this. The Chinese may be investing in Bitcoin, but it is not because of the low rate of the Yuan. The Chinese are now getting started with Bitcoin because they are getting smarter. A lot of them are still into mining but some are investing in Bitcoin. This is pretty good for Bitcoin as this means that the demand for it is increasing meaning the price will go higher.

[crossabdd]

Iam not sure we will reach $800+ at this mont/year,
i think $600 is enough to make bitcoin growing,, 2016 is good momenth to bitcoin up to the moon
but we know at this week some currency get lose

i hope bitcoin can win in this month

[Pk880058]

reaching $800 immediately is impossible ya but it will take 1 or 2 years, the maximum we can see raise in 2016 is $550 to $600 range which will be healthy also. If their is any sudden very good moment comes in Bitcoin then we can see sudden raise it may go beyond $600

[crossabdd]

reaching $800 immediately is impossible ya but it will take 1 or 2 years, the maximum we can see raise in 2016 is $550 to $600 range which will be healthy also. If their is any sudden very good moment comes in Bitcoin then we can see sudden raise it may go beyond $600

agree with you reaching $800 immediately is impossible at this time, maybe next year after bitcoin user reaching 1000million people

2016 is biggest year for bitcoin 

[The Sceptical Chymist]

You know, even though I've got money in the stock market, I looked on at today's mini-crash with a childlike glee.  I love to see stocks get cheap so I can buy.  And I'm definitely glad bitcoin and precious metals did not tank as well. 

I do think btc will go to $800, perhaps soon.  I'm holding until then, see you on the moon.

[Copenman]

reaching $800 immediately is impossible ya but it will take 1 or 2 years, the maximum we can see raise in 2016 is $550 to $600 range which will be healthy also. If their is any sudden very good moment comes in Bitcoin then we can see sudden raise it may go beyond $600

What makes you believe this to be true considering the increase that occurred in October and the fact that it has been holding rather steady at around $400 since then reaching $800 is a possibility.  But we can also say that it dropping to $100 is also a possibility seeing as the market, like gambling tends to do what it wants when it wants

[Alaki]

bitcoin to 800, sure, i think it can happen.

After 2-3 years sure it will.

[davinchi]

bitcoin to 800, sure, i think it can happen.

After 2-3 years sure it will.

No need of 2 or 3 years. With first quarter of 2016 itself we are going to see, $800 to $1000 price levels. If the global share market get crashed down, we can see those price levels within this January itself. But I prefer to go slow and steady for long term basis.

[Harmonica]

bitcoin to 800, sure, i think it can happen.

After 2-3 years sure it will.

No need of 2 or 3 years. With first quarter of 2016 itself we are going to see, $800 to $1000 price levels. If the global share market get crashed down, we can see those price levels within this January itself. But I prefer to go slow and steady for long term basis.

Naaaaaaah.

If the market crashes and things continue to escalate in the middle east, the profits will be flowing from oil and gold.  Bitcoin may or may not be the future, but we are in the present day.  Gold and oil still rule supreme. 

[NorrisK]

reaching $800 immediately is impossible ya but it will take 1 or 2 years, the maximum we can see raise in 2016 is $550 to $600 range which will be healthy also. If their is any sudden very good moment comes in Bitcoin then we can see sudden raise it may go beyond $600

Why wouldn't it be possible? People thought the same in 2013 and than it went boom at the end of the year and exploded to over 1,200.

It might be unlikely to go there in one run this time, but I think 1 or 2 years is quite conservative regarding the latest trends.

[crazyivan]

Hm....maybe we reach a bit above $1k this year but I do not think it ll happen so fast. We need halving effects to kick in.

[jerowacik]

good news . with this bitcoin will get a positive sentiment. a significant increase and development of bitcoin that every day more and more used in the community financial transactions.

[Amph]

bitcoin to 800, sure, i think it can happen.

After 2-3 years sure it will.

sure, like they were saying that 500 would have required 2-3 year, and we did it in 2 months, nor sir, 800 is around the corner

you can expect it at any time from january to prior the halving

[HarizDB]

If the demand on the Bitcoin rises in i.e China - then we will se the price increase on the coin. Will this happen today, tomorrow or in the next months, nobody knows.

[Pab]

With today's news of the Global market crash, I believe chinese investors will start buying up BTC to hedge against the low rate of the Yuan.
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11569321

You're all going to be very rich if you hold your Bitcoins today.

Until the end  of year yuan will decrease to dollar about 5%,it is not reason  for  chinise to buy btc
Avarage Chinise cant  buy btc with that price and not only Chinise

[1Referee]

I'll hold my coins no matter what, even if the price reaches $1000 tomorrow. But I am fairly sure that people will shift their attention away from traditional investments to new things. Bitcoin might be part of that. If that happens, then the price will get a huge boost.