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Author Topic: 1 BTC = 1000$ in 2016  (Read 25031 times)
Zenixin
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May 26, 2016, 11:38:05 AM
 #381

I do not think it is not possible for the price to be $1000 in 2016 because we are not even halve way there. We have yet to hit 500 dollars so for the price to be 1000 dollars is probaly not going to happen any time soon. Especially not in 2016 maybe it will reach that in 2017.

There is a possibility that the price will be around $500 in the July or August. Then 6 months later, the price will be over $1000.

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tampazeus
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May 26, 2016, 12:40:40 PM
 #382

I do not think it is not possible for the price to be $1000 in 2016 because we are not even halve way there. We have yet to hit 500 dollars so for the price to be 1000 dollars is probaly not going to happen any time soon. Especially not in 2016 maybe it will reach that in 2017.

There is a possibility that the price will be around $500 in the July or August. Then 6 months later, the price will be over $1000.

You cannot expect double price in next 6 months of halving, that is impossible to achieve as its taking long time even to reach to $500 mark.
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May 26, 2016, 01:41:16 PM
 #383

I do not think it is not possible for the price to be $1000 in 2016 because we are not even halve way there. We have yet to hit 500 dollars so for the price to be 1000 dollars is probaly not going to happen any time soon. Especially not in 2016 maybe it will reach that in 2017.

Yup  price of Bitcoin won't go beyond $600 to $800 based on halving exclusively, let alone $1k target. There is simply too many coins already in the circulation to push the market arbitrarily low with what we have now. Halving is only about the supply of coins to be mined in future and thus can cause to rise the price a bit, and just a bit, if at all.
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May 26, 2016, 01:54:23 PM
 #384

I do not think it is not possible for the price to be $1000 in 2016 because we are not even halve way there. We have yet to hit 500 dollars so for the price to be 1000 dollars is probaly not going to happen any time soon. Especially not in 2016 maybe it will reach that in 2017.
It is not possible i agree some people keep thinking that the price is going to have a sudden spike out of nowhere and that the price will be $1000. Staying realistic is the best option in this case because getting your hopes up for nothing is pretty sad.
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May 27, 2016, 12:56:00 AM
 #385

The value of Bitcoin will be not that high soon and that is because you also can see now that there will be more people that is going to have some Bitcoin.
But it will reach only this year about some $500 and that is all because it takes a longer time to reach higher.
We can expect maximum $500 to $600  by the end of the year, as reaching to $1k is simply not possible in this year, may be it will take more then 1 year to reach that milestone.

explain why it's not possible to reach $1000 please.

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May 27, 2016, 02:31:02 AM
 #386

I think this is reachable if everything will go well with the bitcoin is possible for sure without any doubts, the bitcoin has such a good future a head these days.
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May 27, 2016, 02:55:09 AM
 #387

Are  you feeling the impact of the incoming halving? Yesterday it was only at 450 but now its already 460.if btc surpass 480 this month ,getting 1000$ is possible .
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May 27, 2016, 03:45:46 AM
 #388

I prefer to use my Canadian dollar because it makes the bitcoin price seem more impressive. Though it's not so great for buying...





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MingLee
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May 27, 2016, 04:31:07 AM
 #389

I prefer to use my Canadian dollar because it makes the bitcoin price seem more impressive. Though it's not so great for buying...
I personally like using the Zimbabwean dollar, it makes Bitcoin look MUCH more impressive, considering that it's 391k ZWD for each one American dollar.

Realistically, though, we won't be seeing $1k USD anytime this year. Over the next two years maybe, but considering we still have yet to break $500 and the year is almost half over we're not looking at value numbers that high anytime soon.
DavidoAlto
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May 27, 2016, 07:18:26 AM
 #390

I do not think it is not possible for the price to be $1000 in 2016 because we are not even halve way there. We have yet to hit 500 dollars so for the price to be 1000 dollars is probaly not going to happen any time soon. Especially not in 2016 maybe it will reach that in 2017.

There is a possibility that the price will be around $500 in the July or August. Then 6 months later, the price will be over $1000.
We have to stay realistic and that is not realistic because Bitcoin needs a long time until the value will be higher and that is the bad thing of the currency.
But of course we all want to that the price is going to be higher but we cant control it so we have to wait and see for what will happen.
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May 27, 2016, 02:29:23 PM
 #391

I prefer to use my Canadian dollar because it makes the bitcoin price seem more impressive. Though it's not so great for buying...
I personally like using the Zimbabwean dollar, it makes Bitcoin look MUCH more impressive, considering that it's 391k ZWD for each one American dollar.

Realistically, though, we won't be seeing $1k USD anytime this year. Over the next two years maybe, but considering we still have yet to break $500 and the year is almost half over we're not looking at value numbers that high anytime soon.
The chance is really low that it can reach that high value and that is because the value is now not even that high so that is bad because it was stable for long time.
But we have now to wait a longer time if you want to sell it on that value and that is after some 3 years I think.
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May 27, 2016, 02:48:34 PM
 #392

I am pretty sure the price of bitcoin will not be up to $ 1,000 in 2016, but I'm sure the price is close enough, perhaps the most appropriate price is above $ 600
JumperX
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May 27, 2016, 03:02:06 PM
 #393

I am pretty sure the price of bitcoin will not be up to $ 1,000 in 2016, but I'm sure the price is close enough, perhaps the most appropriate price is above $ 600

It can go maximum to $600 at the end of the year, $1k is not possible to achieve in this year, we may see that price in next year but not before that.
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May 27, 2016, 03:02:45 PM
 #394

I am pretty sure the price of bitcoin will not be up to $ 1,000 in 2016, but I'm sure the price is close enough, perhaps the most appropriate price is above $ 600

$600 price is very realistic and may be easily reached. we can see that today's prices rise high enough, maybe if it could touch $500, after halving it could possibly be increased more than $600 but it does not happen immediately, it may be nearing the end of the year
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May 27, 2016, 03:51:37 PM
 #395

I am pretty sure the price of bitcoin will not be up to $ 1,000 in 2016, but I'm sure the price is close enough, perhaps the most appropriate price is above $ 600

It can go maximum to $600 at the end of the year, $1k is not possible to achieve in this year, we may see that price in next year but not before that.
i cannot agree with you, to be honest in my opinion the price of the bitcoin will reach the new heights during this year and it might even go up to 1.5 thousand dollars per bitcoin

i think that the price will grow a lot and there will be a great possibility to make a lot of money out of just holding my bitcoins in a cold storage and its really cool as i wouldnt need to do anything
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May 27, 2016, 04:21:08 PM
 #396

I am pretty sure the price of bitcoin will not be up to $ 1,000 in 2016, but I'm sure the price is close enough, perhaps the most appropriate price is above $ 600

It can go maximum to $600 at the end of the year, $1k is not possible to achieve in this year, we may see that price in next year but not before that.
i cannot agree with you, to be honest in my opinion the price of the bitcoin will reach the new heights during this year and it might even go up to 1.5 thousand dollars per bitcoin

i think that the price will grow a lot and there will be a great possibility to make a lot of money out of just holding my bitcoins in a cold storage and its really cool as i wouldnt need to do anything

I hope and really wish that what you are saying should become true but to be honest $1.5k is too high to expect from this year, I don't think that is possible to achieve.
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May 27, 2016, 06:02:51 PM
 #397

I am pretty sure the price of bitcoin will not be up to $ 1,000 in 2016, but I'm sure the price is close enough, perhaps the most appropriate price is above $ 600

It can go maximum to $600 at the end of the year, $1k is not possible to achieve in this year, we may see that price in next year but not before that.
i cannot agree with you, to be honest in my opinion the price of the bitcoin will reach the new heights during this year and it might even go up to 1.5 thousand dollars per bitcoin

i think that the price will grow a lot and there will be a great possibility to make a lot of money out of just holding my bitcoins in a cold storage and its really cool as i wouldnt need to do anything

I hope and really wish that what you are saying should become true but to be honest $1.5k is too high to expect from this year, I don't think that is possible to achieve.

Even $1000 is something difficult to achieve as the price is getting stabilized around particular value for a long time with long time fluctuations and small growth.
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May 27, 2016, 10:19:23 PM
 #398

I am pretty sure the price of bitcoin will not be up to $ 1,000 in 2016, but I'm sure the price is close enough, perhaps the most appropriate price is above $ 600

It can go maximum to $600 at the end of the year, $1k is not possible to achieve in this year, we may see that price in next year but not before that.
i cannot agree with you, to be honest in my opinion the price of the bitcoin will reach the new heights during this year and it might even go up to 1.5 thousand dollars per bitcoin

i think that the price will grow a lot and there will be a great possibility to make a lot of money out of just holding my bitcoins in a cold storage and its really cool as i wouldnt need to do anything

I hope and really wish that what you are saying should become true but to be honest $1.5k is too high to expect from this year, I don't think that is possible to achieve.

Even $1000 is something difficult to achieve as the price is getting stabilized around particular value for a long time with long time fluctuations and small growth.

I don't think we will see that price in this year, may be possible in next year, and maximum we can achieve price in this year is around $800.
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May 27, 2016, 11:08:04 PM
 #399

I am pretty sure the price of bitcoin will not be up to $ 1,000 in 2016, but I'm sure the price is close enough, perhaps the most appropriate price is above $ 600

It can go maximum to $600 at the end of the year, $1k is not possible to achieve in this year, we may see that price in next year but not before that.
i cannot agree with you, to be honest in my opinion the price of the bitcoin will reach the new heights during this year and it might even go up to 1.5 thousand dollars per bitcoin

i think that the price will grow a lot and there will be a great possibility to make a lot of money out of just holding my bitcoins in a cold storage and its really cool as i wouldnt need to do anything

I hope and really wish that what you are saying should become true but to be honest $1.5k is too high to expect from this year, I don't think that is possible to achieve.

Even $1000 is something difficult to achieve as the price is getting stabilized around particular value for a long time with long time fluctuations and small growth.

I don't think we will see that price in this year, may be possible in next year, and maximum we can achieve price in this year is around $800.

$800 is also not possible to reach this year. It's simply too far away. Perhaps that $800 is a good target for late 2017 but definitely not this year.
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May 28, 2016, 01:58:13 AM
 #400

No, I don't think so, I think there are no conditions to wait for that price this year, regardless of the halving to come, perhaps we could see an eventual approach to the $800 level but I hope to see more stability-less volatility this year.
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