2016 Bitcoin Predictions

[uki]

Isn't it funny we like to consider a price range of 100$ between 400$/500$ a stable price?
That is not stable to me, considering we did sideways on 430/440$ for three weeks: that was kind of stable.

Bitcoin by its nature is a very volatile asset and, thus, having a +/- 10% in each direction is considered something normal. Having price at $440 level, these 10% in each direction gives you almost the entire $100 range. Not surprising, by any means.

[bearex]

I also think it will stay above 400 untill the halving and then rise right after. I will problably sell if it hits 1000 per bitcoin.

[wildan88]

I see the prices will rise slowly and very slow movement. hoping to reach $500 at the end of January.

[ifightformerkel]

My prediction is at the end of December about 5.000 to 6.000 Dollar.

After or before the halving 1 big company join bitcoin and there we go, a rally will begin.

When bitcoin is worth the same like a creditcard company,
then 1 bitcoin will be cost around 50.000 Dollar, i read it last year in a german newspaper.

[buddu]

We are already between 430-450$ range and to be honest i don't see them going under this anymore.Halving this time is different than last one and will gear up the price we should expect over 500 $ price which will be fair for 1 Bitcoin after halving and in year 2016 by the end of this we can see at about 1000 $ easily as this is a year of Bitcoin.

[Xandan]

We are going to see at least $5k for each Bitcoin.There will be a sudden increase and many day time traders will not have time to grab.Those who are holding will take benefit of this increase in 2016.

[smith coins]

We are going to see at least $5k for each Bitcoin.There will be a sudden increase and many day time traders will not have time to grab.Those who are holding will take benefit of this increase in 2016.

Being honest $5k is too far to be reached this year, the maximum i think would be somewhere at $600 - $700

[randy8777]

i think around the halving this year we will see probably the highest ever trading volume in the history of bitcoin. we may even see $50-$100 price swings each day nearly at the halving. great opportunity for day traders. if i see bitcoin stable above $700 then i am a more than happy person. i think the final peak this year may even give us a new ath.

[uki]

My prediction is at the end of December about 5.000 to 6.000 Dollar.

After or before the halving 1 big company join bitcoin and there we go, a rally will begin.

When bitcoin is worth the same like a creditcard company,
then 1 bitcoin will be cost around 50.000 Dollar, i read it last year in a german newspaper.

I would divide your expectations by 10, and then I can agree on the outcome of 2016.
Then it sounds about right, according to the current market situation and the sentiment.

[Razick]

Here are my Bitcoin price predictions:
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.

Ugh. More ultra-specific predictions with no supporting evidence whatsoever.

You could also just ask me . Here are the reasons why below. Numbers match numbers above.

1. BTC will remain stable because the world is uncertain right now and BTC is a good place to store value. If it goes higher than $500, a portion of the people that buy low and sell high for a profit will definitely sell, including me. This portion is limited to people who sell BTC for USD, as selling in any other currency is probably a riskier bet (especially CNY, the second biggest after USD).
2+3. The spike is an educated guess based on how hype seems to bump up the value significantly and then BTC falls again once the hype wears off.
4. Due to the lower inflation, BTC will be able to gain value more easily.  It will be a slow rise because people will be cautious due to the rise and fall from block halving hype.

That's better. I don't mean to be rude it's just that if you look around the forum you'll see a lot of overly-specific predictions with no basis.

[Pab]

I think bitcoin price will be 650$ ,but when i dont know.Rather i see long term stabilisation over 420$
Whan btc will pass 520$ will goes 650$.Lets say April

[romero121]

I see the prices will rise slowly and very slow movement. hoping to reach $500 at the end of January.

price little slaggy now. I think to get price increase we will need to wait upto block halving that means approximately to july. after that price will be double according to current price. and we need more adaption to get rank to increase

[baritus]

I see the prices will rise slowly and very slow movement. hoping to reach $500 at the end of January.

price little slaggy now. I think to get price increase we will need to wait upto block halving that means approximately to july. after that price will be double according to current price. and we need more adaption to get rank to increase

Why will it double when everyone already knows it will halve but it hasn't doubled?


The market usually prices in these kinds of events. Maybe going from $200 to $400 was the doubling getting priced in.

[azguard]

My prediction is at the end of December about 5.000 to 6.000 Dollar.

After or before the halving 1 big company join bitcoin and there we go, a rally will begin.

When bitcoin is worth the same like a creditcard company,
then 1 bitcoin will be cost around 50.000 Dollar, i read it last year in a german newspaper.

very optimistic thinking but dunno will this happen i mean what big "company" do you think will be key roller in this one

[zivone]

Bitcoin price will be playing at $400 as to $600 if there are no dramas again and  the whales will not to do something to manipulate it or else no one can tell.

[baritus]

We are back to expected levels ~$400.

[sishendaoye]

Sounds pretty accurate to me, except for one thing. And that's the prices/values that you've mentioned. I think the value of bitcoin, before halving will reach at least $1000. The more blocks are being mined, the more worth bitcoin will be.

[Oscoda]

I guess the price will really go to 500 dollar after all.
Seeing the price revive after the Hearn dip, makes the future very bright.

[azguard]

I guess the price will really go to 500 dollar after all.
Seeing the price revive after the Hearn dip, makes the future very bright.

nope this month we wont see 500 or even next month seem like we are preparing slowly for something big this time "block size increase" might influence bigger on this then expected

[jerowacik]

a very good year in my opinion for bitcoin to re-start a new era as in 2010. there is a very big chance reinforcement after halving the block.