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Author Topic: 1 BTC = 1000$ in 2016  (Read 25036 times)
Moneyburner
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February 19, 2016, 11:14:35 PM
 #81

It might, but we would be very lucky. The best hope would be a big push after it hits $500

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DrLove2048
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February 19, 2016, 11:27:10 PM
 #82

I'm getting ready alright, by ignoring the price as much as possible. It won't go up overnight so no sense stressing myself out

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The Sceptical Chymist
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February 20, 2016, 04:46:55 AM
 #83

Well, we're headed ever...so...slowly...to $500, or at least it seems that way.  We could drop to $100 for all I know, but I do hope that we get a nice spike in price, a spike in dopamine, and a spike in euphoria once the halfening happens.  It's going to be a good summer, I can tell.

*fingers crossed*

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pooya87
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February 20, 2016, 05:07:56 AM
 #84

Perhaps, but it will surely happen after the halving.

there is nothing for sure when speculating about bitcoin. especially the time when the rise happens. it can even be before the halving starts and ends before it too.

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Ya-ing
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February 20, 2016, 05:15:16 AM
 #85

For that to happen, Bitcoin has to attract double the interest from people, and it is not likely.... or that people that are already interested put a 100% additional money on it.

It would be great it happened, but I do not think it will.

Yakamoto
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February 20, 2016, 05:28:51 AM
 #86

There is basically no way Bitcoin will reach $1k/coin in 2016, unless the growth of the past week keeps going until the end of the year, and even then I can only see something in the realm of $700.

There have to be a bunch of amazing things to happen with the Bitcoin ecosystem in the meantime for Bitcoin to even come close to being worth over $500 before the end of the year. It just seems so unlikely that anything will happen that will catapult the price...
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February 20, 2016, 05:42:34 AM
 #87

If it goes to $1000 I'll sell all mine while its hot.
Agree with this guy Grin
Then buy it while is cold Grin

Edit:
wrong word Grin
uki
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February 20, 2016, 08:27:27 PM
 #88

If it goes to $1000 I'll sell all mine while its hot.
Agree with this guy Grin
Then buy it while is cold Grin

Edit:
wrong word Grin
Buying time when it was dead cold was last summer. Now we are two steps higher. If you still consider it cheap, you may get in, however I wouldn't expect the price to double from where we are now just due to halving. Risk/reward starts being less attractive than couple of months ago (before November pump).

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Std52stp
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February 20, 2016, 08:38:37 PM
Last edit: February 20, 2016, 09:35:15 PM by Std52stp
 #89

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

dont sell too early

we are surely approaching to $2,000 or more

however $10,000 is easily possible. You know bitcoin is able to jump $100 overnight. In a week or so we could break $1,000.
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February 20, 2016, 08:47:14 PM
 #90

Does someone expects dump now?
Price is risen more than 50$ from last week.
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February 20, 2016, 09:18:33 PM
 #91

Does someone expects dump now?
Price is risen more than 50$ from last week.
dump no, but correction is more than expected. We should return once again to $420 and test this support. If it holds then fine, we stay above for longer while. Otherwise we go back to $380.

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Std52stp
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February 20, 2016, 09:43:33 PM
 #92

1000$ is too much optimistic for bitcoin.
I was thinking of about 550 to 600$.
Lets hope that what you are saying will happen. Waiting eagerly for it to happen   Roll Eyes
that is very similar to what I think. $500-600 due to the halving is the absolute top. If there is something else that is Bitcoin-positive happening this year, e.g., block size agreement, then we may talk about going higher. Otherwise, $1k price is a dream that has nothing to do with reality.

if everyone who works in IT bought just 0.1 BTC we could overcome $10,000. People are buying wothless shares and bonds they should be buying BTC. Think of that ten thousands people who are already paid every month with bitcoins. If all people who trade forex jumped on Bitcoin we could easily manage $1,000,000 for 1 BTC.
Imagine now it fluctuates $10 a day next year it can fluctutes $10,000 in just one day. In the morning it could be $1,001,000 in the evening $1,000,000

I hope very soon 1 satoshi will become $1

 USD is already worthless, look at that astronomical US debt which cannot be paid within 1,000 years. Only fools put money in US goverment bonds. Imagine if just a few investors and whales put their billions into Bitcoin. it will change everything. I am sure these whales are already buying on Kraken dark pool thousands of bitcoin everyday. They are accumulating and pushing price high
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February 20, 2016, 09:51:40 PM
Last edit: February 20, 2016, 10:03:04 PM by uki
 #93

if everyone who works in IT bought just 0.1 BTC we could overcome $10,000. People are buying wothless shares and bonds they should be buying BTC. Think of that ten thousands people who are already paid every month with bitcoins. If all people who trade forex jumped on Bitcoin we could easily manage $1,000,000 for 1 BTC.
Imagine now it fluctuates $10 a day next year it can fluctutes $10,000 in just one day. In the morning it could be $1,001,000 in the evening $1,000,000

I hope very soon 1 satoshi will become $1

 USD is already worthless, look at that astronomical US debt which cannot be paid within 1,000 years. Only fools put money in US goverment bonds. Imagine if just a few investors and whales put their billions into Bitcoin. it will change everything. I am sure these whales are already buying on Kraken dark pool thousands of bitcoin everyday. They are accumulating and pushing price high
Bitcoin is still considered too volatile asset to become really a main stream investment, as shares and bonds. It is still too easy to corner the BTC market, taking into account how many coins early day bitcoiners (whales) may have, which makes it hardly acceptable by majority of the average-non-tech Joes to put their hard-earned money (they don't have that problem with heavily manipulated ETFs and other fiat-backed assets, but it is banks' marketing that does the trick. Bitcoin can't compare to that, just yet.). The speculation is still the main driving force behind Bitcoin pricing, and until it stays so, the rest of your post (that about $10k price) can be put into the sci-fi section.

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Struble
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February 21, 2016, 12:45:10 AM
 #94

if everyone who works in IT bought just 0.1 BTC we could overcome $10,000. People are buying wothless shares and bonds they should be buying BTC. Think of that ten thousands people who are already paid every month with bitcoins. If all people who trade forex jumped on Bitcoin we could easily manage $1,000,000 for 1 BTC.
Imagine now it fluctuates $10 a day next year it can fluctutes $10,000 in just one day. In the morning it could be $1,001,000 in the evening $1,000,000

I hope very soon 1 satoshi will become $1

 USD is already worthless, look at that astronomical US debt which cannot be paid within 1,000 years. Only fools put money in US goverment bonds. Imagine if just a few investors and whales put their billions into Bitcoin. it will change everything. I am sure these whales are already buying on Kraken dark pool thousands of bitcoin everyday. They are accumulating and pushing price high
Bitcoin is still considered too volatile asset to become really a main stream investment, as shares and bonds. It is still too easy to corner the BTC market, taking into account how many coins early day bitcoiners (whales) may have, which makes it hardly acceptable by majority of the average-non-tech Joes to put their hard-earned money (they don't have that problem with heavily manipulated ETFs and other fiat-backed assets, but it is banks' marketing that does the trick. Bitcoin can't compare to that, just yet.). The speculation is still the main driving force behind Bitcoin pricing, and until it stays so, the rest of your post (that about $10k price) can be put into the sci-fi section.

It can be an asset even with the price fluctuation. However the moment more big guys start investiing in bitcoin, there will be whales,
but their power/influence will decrease over time.

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February 21, 2016, 01:48:59 AM
 #95

Possible.

One can never know the effect of the halving pump and the effect of half BTC being mined and dumped around
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February 21, 2016, 08:21:31 AM
 #96

Possible.

One can never know the effect of the halving pump and the effect of half BTC being mined and dumped around

I am sure one day you wake up and 1 satoshi will be worth $1

look at that price making higs every day. I should have bought Bitcoin for all my money on leverage last week
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February 21, 2016, 08:23:21 AM
 #97

Hopefully so. It's already rallying a lot, so it's definitely a strong possibility.
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February 21, 2016, 08:45:08 AM
 #98

It can be an asset even with the price fluctuation. However the moment more big guys start investiing in bitcoin, there will be whales,
but their power/influence will decrease over time.
I am not saying that Bitcoin is not an asset, that is one. Whales are around in Bitcoin since its early days, and for now their influence has not decreased (Mike Hearn alone had dumped 28000 BTC on coinbase, when he announced he is quitting). Quite to the contrary.

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February 21, 2016, 12:17:24 PM
 #99

Hopefully so. It's already rallying a lot, so it's definitely a strong possibility.

there's a possibility for the price to go that high, might not be this month or this coming month.. it could be possible in the third or fourth quarter of this year..  Smiley

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February 23, 2016, 08:56:14 AM
 #100

That will not happen that fast. I think that will takes a really long time. It is rising very slowly and that is good.
It is rising. I hope that we can have all some profit later in the future.
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