1 BTC = 1000$ in 2016

[Curious8]

Be ready!

[OmegaStarScream]

It's already 2016$ and I don't think this is going to happen unless we are at least couple of months behind the halving block reward or after it .

[maokoto]

Maybe this topic should be in the "speculation" section. At least this is the kind of topic I use to see in that place.

Although I do not think it is likely, I think it is still possible. Perphaps when we are close the halving BTC may go up and then hype /media attention will take it to much higher levels. But I do not think it is sustainable.

[Shinpako09]

I'm actually thinking of that too since there is incoming halving. Plus a lot of people had the same prediction that 2016 is the year of bitcoin and the price will rise.

[Rizky Aditya]

I am very tasty for the price of bitcoin to reach $1000. If it does, I am going to buy a gaming PC. Yay.

[WENGER]

I really doubt this would happen even by end of 2016, at most reaching $700 I think if all the factors goes on our way and reaching those number doesn't matter if it's going to down after it so hoping for a stable price, I would even be happy with $500 at most though.

[notlist3d]

I really doubt this would happen even by end of 2016, at most reaching $700 I think if all the factors goes on our way and reaching those number doesn't matter if it's going to down after it so hoping for a stable price, I would even be happy with $500 at most though.

If you are a miner you want more and more.   I don't see any speculation acurate enough to say what it will do in a year.  A year is a LONG time in crypto time.  Anyone that say's they can predict accuratly... is most likely lying.  As there is not even a good equation they could say they have had.

There are also a lot of factors.  I just don't see how this can be done accurately.

[tiggytomb]

I think that is quite optimistic unless a whole load of things fall into place and bitcoin is adopted by a few lsrge companies, perhaps 2017 it could hit that level?

[mtnsaa]

I mean it can happen of course, but I $600 is more down to earth number. The only way I can see we can touch $1000 is with an actual announcement or upgrade which can trigger some mass adoption and demand. Nothing happened this year yet the price kept rising, but that alone it's not enough in my opinion to sustain $1000, there's too little demand right now for that.

[Meuh6879]

Be ready!

[richardsNY]

With the block halving in front of us, the $1000 price level may be reached this year. It will be a great challenge to maintain that price, but for now that's not something we have to worry about.

[gentlemand]

I guess it might be conceivable but that would likely be only on a ballistic trajectory and it would rapidly head on back down. I'd rather wait and see it happen the hard, sustainable way. I don't think that's how it'll work, though.

[LFC_Bitcoin]

Be ready!

I hope so. I think we'll need some kind of uber positive news, some kind of mainstream adoption or a big company/organisation integrating bitcoin.

The halving could/should get us to above 600 but 1000 will take something big imo.

[1Referee]

It's possible, but I think we will go through a hell of a roller coaster ride before we come even close to $1000. And after touching $1000 we will most likely head down to $700-$800 levels. There are too many dumpers.

[bitcoin revo]

I guess it might be conceivable but that would likely be only on a ballistic trajectory and it would rapidly head on back down. I'd rather wait and see it happen the hard, sustainable way. I don't think that's how it'll work, though.

It might be good to add that that would probably happen some time during the block halving. People would become too optimistic, buy bitcoins for high prices, and then eventually it'd go down again - higher than the price it was originally, but still lower than the peaks.

[avw1982]

With the block halving in front of us, the $1000 price level may be reached this year. It will be a great challenge to maintain that price, but for now that's not something we have to worry about.

Even I am expecting the same thing. Due to block halving It will reach 800$ for sure. But don't know exactly it will reach to 1000$. Will wait and see with hope.

[BitChick]

Be ready!

I hope so. I think we'll need some kind of uber positive news, some kind of mainstream adoption or a big company/organisation integrating bitcoin.

The halving could/should get us to above 600 but 1000 will take something big imo.

Netflix's CFO David Wells recently said, "it sure would be nice to have bitcoin in terms of a global currency that you could use globally."

I think we will see more companies adopt Bitcoin in the next year or two.  This is positive news but honestly all we really need for another fun bubble is some panic buying mania for no real reason other than the fact that people hate to feel left out. 

[avw1982]

Be ready!

I hope so. I think we'll need some kind of uber positive news, some kind of mainstream adoption or a big company/organisation integrating bitcoin.

The halving could/should get us to above 600 but 1000 will take something big imo.

Netflix's CFO David Wells recently said, "it sure would be nice to have bitcoin in terms of a global currency that you could use globally."

I think we will see more companies adopt Bitcoin in the next year or two.  This is positive news but honestly all we really need for another fun bubble is some panic buying mania for no real reason other than the fact that people hate to feel left out. 

May be In 2016 itself also Its possible to reach some good this year Just we good business adaption from the companies which is working on world wide and There is block halving in this year. So both happening in same time. It will reach to 1000$ for sure.

[MatTheCat]

Be ready!

Yeah....be ready and sitting by your PC/Laptop/Smartphone to do a Market Sell with 100% of your BTC if/when it does.




https://www.tradingview.com/x/0QnPI8Lm/

[qWark]

If it goes to $1000 I'll sell all mine while its hot.