Everyone is hyping about bitcoin price in 2016

[JAyThaRevo]

I think it will rise even after the Halving. Because people will realise that the amount of BTC is limited. And also, there will be another halving approaching and so on. So i think the price will rise in 2016 and then stay about the same for the  2017.

Price will increase after halving for sure, but we are not sure how long it will be stable, we need price stability in bitcoins that will only encourage more and more people to start using bitcoins, if price is not stable people would never invest their money into bitcoins.

[Laosai]

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 ?

Here's my prediction: By summer 2016 the price of Bitcoin will be aruond $500 and from that point it will grow steadily, 20%-25% per year, so it will be around $600 in 2017, and it will be around $730 in 2018. The main reasons for the growing are that Bitcoin will be introduced (in a good way) to more people.

Pretty bold of you to think that. There are a lot of factors and it'll remain unpredictable. So to be more realistic, I suppose it'll be up this year about $500 like you've predicted but will go down to $400 again come 2017.

True that it's rather unpredictable.
Nevertheless, if you look at the charts, you see that the amount of transactions does nothing but rise, and that so does the btc price.
You can say it'll rise, or at least predict it knowing you're certainly right.

Giving a percentage though, is a bit too much. Bitcoin remains extremely shady and moves when it wants not when you expect it ^^

[~Bitcoin~]

I think it will rise even after the Halving. Because people will realise that the amount of BTC is limited. And also, there will be another halving approaching and so on. So i think the price will rise in 2016 and then stay about the same for the  2017.

Price will increase after halving for sure, but we are not sure how long it will be stable, we need price stability in bitcoins that will only encourage more and more people to start using bitcoins, if price is not stable people would never invest their money into bitcoins.

If price become stable than bitcoin will loss it charm but bitcoin need some steady growth rather than dumping and pumping.

[FerrariF50]

I think it will rise even after the Halving. Because people will realise that the amount of BTC is limited. And also, there will be another halving approaching and so on. So i think the price will rise in 2016 and then stay about the same for the  2017.

Price will increase after halving for sure, but we are not sure how long it will be stable, we need price stability in bitcoins that will only encourage more and more people to start using bitcoins, if price is not stable people would never invest their money into bitcoins.

If price become stable than bitcoin will loss it charm but bitcoin need some steady growth rather than dumping and pumping.

I think price stability important for mainstream usage

[fricircled]

I think price stability important for mainstream usage

That is my thoughts as well. When the price is not stable, a merchant cannot price his goods with bitcoin and when he receive the bitcoin, he will have to convert it into fiat straight away.

[Laosai]

I think it will rise even after the Halving. Because people will realise that the amount of BTC is limited. And also, there will be another halving approaching and so on. So i think the price will rise in 2016 and then stay about the same for the  2017.

Price will increase after halving for sure, but we are not sure how long it will be stable, we need price stability in bitcoins that will only encourage more and more people to start using bitcoins, if price is not stable people would never invest their money into bitcoins.

If price become stable than bitcoin will loss it charm but bitcoin need some steady growth rather than dumping and pumping.

Lol, I like this way of thinking

But you can't hope that such a currency will steadily increase. It will have to seek the pump and dump scheme with the hope that pumps will be stronger than dumps, that's the economic growth model of btc

[kpitti]

I think price stability important for mainstream usage

That is my thoughts as well. When the price is not stable, a merchant cannot price his goods with bitcoin and when he receive the bitcoin, he will have to convert it into fiat straight away.

This is valid point, we need Bitcoin to became mainstream  right.
From another point of view, Bitcoin is attractive for speculation too, price fluctuation is good for them.

[Streamlink]

the halving should have an opposite effect if my understanding how the bitcoin market is correct, basically the halving would mean less incoming new supply of coins leading to an increase of value of already existing coins. the halving might have a negative effect on miners and there numbers though.

[fricircled]

the halving should have an opposite effect if my understanding how the bitcoin market is correct, basically the halving would mean less incoming new supply of coins leading to an increase of value of already existing coins. the halving might have a negative effect on miners and there numbers though.

If the price of bitcoin doubles, the net effect on the bitcoin will be neutral. If the difficulty rises as fast as recent ones, it will be bad for miners.

[heldertb]

I think it will rise even after the Halving. Because people will realise that the amount of BTC is limited. And also, there will be another halving approaching and so on. So i think the price will rise in 2016 and then stay about the same for the  2017.

yeah every body is hyping bitcoin price in 2016 hope same like amount also keep 2017 and very good for business and for earn money

[... ...]

I think, in the long run, it is up.

I don't think it's going to fall at least

[yenxz]

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 ?

some people said that no one can answer what will happen to bitcoin price when bitcoin halving come,and i search in google about that,and i also can't find sastify answer.

[fricircled]

The bitcoin price will rise in 2016. That is due to many factors. The number one is the more adoption of bitcoin. The next is the halving.

[GermanGiant]

I think it will rise even after the Halving. Because people will realise that the amount of BTC is limited. And also, there will be another halving approaching and so on. So i think the price will rise in 2016 and then stay about the same for the  2017.

After 2016, next halving will be at 2020.

[SpaceSuite]

The bitcoin price will rise in 2016. That is due to many factors. The number one is the more adoption of bitcoin. The next is the halving.

But, if blocksize remain stuck at 1mb, how does more adoption take place?

[BTCBinary]

Everyone is hyping about the price because of the halving. However, I believe that the market already corrected itself and we probably won't see such a big advancement in the price...

[JosNekoKopa]

Everyone is hyping about the price because of the halving. However, I believe that the market already corrected itself and we probably won't see such a big advancement in the price...

And many people will be disappointed. But this is not first and probably not last time we see pump and dumps. Hype is created not because bitcoin will suddenly become rare or mining will become become double expensive, simple whales want more money, and they will pump it.

[n0ne]

Hyping on the bitcoin price is going high, as the halving is expected this year the price hype is circulating much than other years of bitcoin.

[Crazygreek]

the halving should have an opposite effect if my understanding how the bitcoin market is correct, basically the halving would mean less incoming new supply of coins leading to an increase of value of already existing coins. the halving might have a negative effect on miners and there numbers though.

If the price of bitcoin doubles, the net effect on the bitcoin will be neutral. If the difficulty rises as fast as recent ones, it will be bad for miners.

Low chanse of price doubling cause it's really huge value 800$. It's possible only after halving but also chanse is so low

[AGD]

the halving should have an opposite effect if my understanding how the bitcoin market is correct, basically the halving would mean less incoming new supply of coins leading to an increase of value of already existing coins. the halving might have a negative effect on miners and there numbers though.

If the price of bitcoin doubles, the net effect on the bitcoin will be neutral. If the difficulty rises as fast as recent ones, it will be bad for miners.

Low chanse of price doubling cause it's really huge value 800$. It's possible only after halving but also chanse is so low

I think a lot of miners will turn off and difficulty will drop. Especially those, who are already running with very little ROI. Price might go up a bit, but I don't think we will see a doubling. I would place some buy orders around 250 for the dump after people realize they didn't double up.