Everyone is hyping about bitcoin price in 2016

[lite]

This concerns me about what will happen to bitcoin price after 2016 ? Will it crash after the block halving ? Is there any upcoming incident in 2017-18 that may push the price up again ?

It will surely crash after a big pump, i'm hoping to see the price stabilization at 600$.
we/i don't know any of the incident which could boost price of bitcoin in 2017/18.

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[lumeire]

It's not just bitcoin that is hyped for 2016. The blockchain, Ethereum, and IoT too. Just look at this piece at CoinDesk:

http://www.coindesk.com/16-blockchain-tech-predictions-2016/

Back in late 2014 and early last year, all the hype was about alts, and how alts would change the world. MaidSafe, Monero, etc.. Now they're all in the background. You actually don't have to worry a thing.

[jangloos]

This is not hype what almost everyone is saying and talking about regarding a significant increase in price of Bitcoin in 2016.The halving of blocks will have huge impact and will give a stability and speculation to Bitcoin.

[btcdevil]

This is not hype what almost everyone is saying and talking about regarding a significant increase in price of Bitcoin in 2016.The halving of blocks will have huge impact and will give a stability and speculation to Bitcoin.

ya it is true and what you said is correct, hype is some users telling about price going beyond $1000 that is hype , normaly it goes $500 or above is according to the demand and market fluctuation and if some good news comes for bitcoins. Their are big players who are manupalating the market so some time price give high fluctuations.

[jonald_fyookball]

why are you worried?

It is not only me. I think every HODLer is worried. Because there would be a crazy dump as soon as the price crosses 500 next time. From a HODLer's perspective, a reason to increase price in far future is also important as well as in near future.

If there is a crazy dump and price goes low there will be many who see the new low price as a value, who will buy and hold,and there will be traders seeing a bottom and also buying....and price will rise again.

Again, this is how trading works.  Trends go farther than people expect until enough market participants agree it is clearly overbought or oversold.  Then price is pulled in the opposite direction. It goes back and forth until an equilibrium is reqched .  at that point volatility settles down until a new sentiment hits the market and price breaks out in one direction or another to find a new area of agreement and the process starts all over.  This is how markets have always worked and probably always will.

[BellaBitBit]

Don't be concerned, if you are then you may have too much invested in Bitcoin.  It should be fun and interesting to watch this year. Can't see it crashing after the halving but that is just speculation.  I am hoping for a great year of positive press for Bitcoin, it needs that before a major price increase.

[cascraig818]

its nothing anywhere close to what it was a few years ago

[Junko]

why are you worried?

It is not only me. I think every HODLer is worried. Because there would be a crazy dump as soon as the price crosses 500 next time. From a HODLer's perspective, a reason to increase price in far future is also important as well as in near future.

A hodler who is worried about there possibly being a crazy dump as the price crosses a certain point is not a hodler, but a weak hand. These are the ones who panic sells/contemplates panic selling during the times you describe. A real hodler isn't concerned about such downswings, even using them as opportunities to add to their hodlings just as they weren't concerned when the price stayed in the $220's for most of the year either, which was also a good time to have bought and hodled as it turns out. Real hodler's can just relax and enjoy the ride as they take part in history.

[Icathia]

Bitcoin have a good price if you tell me so I think after halving I think that bitcoin have a potential that can go so high as it can.
But you never know what will happen with bitcoin so yeah we will see.

[1Referee]

I am sure the speculation around the block halving will give the price an extra boost, but I do think this speculation part will vanish after the halving, which will cause the price to come down to more realistic price levels. I think a drop of 20-30% will happen after the halving.

[GermanGiant]

why are you worried?

It is not only me. I think every HODLer is worried. Because there would be a crazy dump as soon as the price crosses 500 next time. From a HODLer's perspective, a reason to increase price in far future is also important as well as in near future.

If there is a crazy dump and price goes low there will be many who see the new low price as a value, who will buy and hold,and there will be traders seeing a bottom and also buying....and price will rise again.

Again, this is how trading works.  Trends go farther than people expect until enough market participants agree it is clearly overbought or oversold.  Then price is pulled in the opposite direction. It goes back and forth until an equilibrium is reqched .  at that point volatility settles down until a new sentiment hits the market and price breaks out in one direction or another to find a new area of agreement and the process starts all over.  This is how markets have always worked and probably always will.

The question is whether there is any known positive sentiment awaiting after block halving ?

[Snorek]

It's not just bitcoin that is hyped for 2016. The blockchain, Ethereum, and IoT too. Just look at this piece at CoinDesk:

http://www.coindesk.com/16-blockchain-tech-predictions-2016/

Back in late 2014 and early last year, all the hype was about alts, and how alts would change the world. MaidSafe, Monero, etc.. Now they're all in the background. You actually don't have to worry a thing.

I still have doubts about Etherneum, sure they have clear ambition and want to create a better bitcoin, one that is highly programmatic, making it much more dynamic than bitcoin.
They have real good team of a people, but they are no focused! They seems like laid off bunch of scientists who are unable to solve problems of real life cryptocurrency and consumers.

[Wapinter]

..If we don't see price increase in this year more people can loose confidence in bitcoin and give up.

I think people will lose confidence in bitcoin if price decrease below a certain point.If it doesn't increase and remain same where it is now,no one is going to panic unless those who bought during 1000 $

[randy8777]

I have to say that bitcoin price worry me at the moment.
If we don't see price increase in this year more people can loose confidence in bitcoin and give up.
If less people use bitcoin merchants will be less inspired to accept bitcoin.
If such scenario happen we will not see any breakthrough with bitcoin soon.

the price will go up with whatever amount the market movers want. we might see the price get stuck between $600-$700 for a very long time during the halving, or we will see the price reach a new ath. people who will lose confidence in bitcoin if the price doesn't go up a lot, then they are free to leave. i trust in bitcoin and have full confidence even if we stay around $500 during the block halving.

[calkob]

i would put money on the fact that in the run up to the halving the price of bitcoin will sore and after wards when the hype dies down will fall, probably not back to where it is now, cause as has been said there will be fewer bitcoin being generated.

[Raimonn]

I think that the speculators will use the halving event to pump the bitcoin price (traders like too much this fasts movements) , and provably it will go down after the halving, but on long time bitcoin has potential for growing its price.

[megatron1337]

This might be a good time to buy bitcoin and sell after the halving if the price goes up.  It's a gamble but it might pay out!

[willywonka123]

This will definitely be interesting to watch. I think 2016 will be the year of bitcoin meaning it will go big.

[wadili89]

This concerns me about what will happen to bitcoin price after 2016 ? Will it crash after the block halving ? Is there any upcoming incident in 2017-18 that may push the price up again ?

there will be ups and downs in 2016 but as 2017 and 2018 it will rise as it meant to be and also some new hardware comping which will cause to spent more money and high difficulty

by the way the signature you re Waring is not paying anymore this campaign is gone/dead now probably his web site will be as well 

[MarbleBoss]

This concerns me about what will happen to bitcoin price after 2016 ? Will it crash after the block halving ? Is there any upcoming incident in 2017-18 that may push the price up again ?

I think 16nm chips will play the key role to raise price after block halving. Market always tends towards true price discovery and as the difficulty is rising, true price to create one bitcoin will rise. Block halving will boost the same. In the overall effect, we'll see some significant shift in BTC price baseline from 2017 onwards (till 2020 block halving). I guess, the baseline would be 500+.