2016 Bitcoin Predictions

[voztata]

I still believe bitcoin will have a high increase. bitcoin is currently already in rates 450USD. and I predict that bitcoin will get 700USD position at year-end 2016. This was reasonable because bitcoin will experience a halving in mid-2016.

You are true, but I think the end of year for $700 is too long, I will say that bitcoin will attend $700 before the halving and after halving it will continue its journey to increase in price much more and at the end the price will cross $1000.

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[rektDude]

I think at the end of the year the value of the coin is not even close to the 500.
everything they keep saying is halving blabla but dont believe them.

[coinplus]

My prediction is that the bitcoin is going to the amount of 800 dollar for sure because of the halving,
I also think the range of the bitcoin and users will grow with some significant numbers.

I am also sure that it will happen and till the month of June it will reach to $700 and so with that there will be more people appear who will be ready to adopt bitcoin and so a mass adoption will occur in this year.

[hawkins]

I think at the end of the year the value of the coin is not even close to the 500.
everything they keep saying is halving blabla but dont believe them.

we still do not know what the price is going to happen later this year, I can only hope the price is higher, maybe the price will reach $ 600 more if the price increases continue to occur bitcoin

[azguard]

My prediction is that the bitcoin is going to the amount of 800 dollar for sure because of the halving,
I also think the range of the bitcoin and users will grow with some significant numbers.

I am also sure that it will happen and till the month of June it will reach to $700 and so with that there will be more people appear who will be ready to adopt bitcoin and so a mass adoption will occur in this year.

my estimate on this that it will go over 500 on halving maybe 550 but expect bigger chances in price in 3-4 month after halving when things coll down a little

[el kaka22]

My prediction for this year, before the end of the year bitcoin will reach the price of $500 at stable price. going up higher than $500 but
it will go down lower than $500.

I am much more optimistic. My prediction is that the price will be double what you said. It is 1000 dollars or more.

Yes, the price will be doubled , the situation will be the same as was in the last halving where the price from $250 reached to $1200 within a few months , so in this year we can expect the same to happen again.

[uki]

I am not for sure that it will be a good year for Bitcoin because there are also a lot of people that is quite negative about the halving because it is not even rising now.
And that is bad for the future because people who already have Bitcoin wants to make profit fast which that is not possible now.

the halving is still months away and the last time the price rose a few months AFTER the halving not a few months BEFORE.

the thing is the havling will decrease supply, as long as the supply is not decreased the price won't respond, and then there's also some lagg because the market takes time to react to the new rate of bitcoin that is being supplied.

so even if some speculators drive the price up by increasing demand (because of expected price rise) the effect of the supply decrease will only really happen after the halving.

some miners might hold on to their bitcoins and thereby already lower supply, because they expect price to rise as well and want to get more profit, however many miners can not afford to keep a large amount of btcoin because they need to pay electricity bills as well.

Just for correctness, as there are few things wrong in your post.
Halving will cut the number of the coins found in the new block, not the supply. At the time of halving there will be already 75% of all coins ever mined on the market (either literally or in cold storages) - this is supply.
25% will affect the price more than 75%? Let me disagree.
Also, how long two events can be separated to still be able to connect them? Was the November 2015 pump connected to halving? Can the pump in February 2017, if it happens, be attributed to halving?
Miners who are already the biggest whales may actually dump Bitcoins and collect them lower to hedge for the lower reward, waiting for the difficulty to adjust. That would be the scenario majority in here is not even considering. How about that?

[mrhelpful]

By the time its a slow rise to $700ish, its only due to the circulation of being mined is already 90% which is almost done in my view.

Or pretty much reached, since we see the prices now at 70%ish in circulation at $450 range.

[Kewatia]

By the time its a slow rise to $700ish, its only due to the circulation of being mined is already 90% which is almost done in my view.

Or pretty much reached, since we see the prices now at 70%ish in circulation at $450 range.

By July this year, 75% of the bitcoin will have been mined, not 90%. So the price will keep on rising.

[Armstand]

By the time its a slow rise to $700ish, its only due to the circulation of being mined is already 90% which is almost done in my view.

Or pretty much reached, since we see the prices now at 70%ish in circulation at $450 range.

By July this year, 75% of the bitcoin will have been mined, not 90%. So the price will keep on rising.

It depends on the demand of the bitcoin. If we can invest bitcoin like the Ethereum DAO, the price will rise.

[socks435]

By the time its a slow rise to $700ish, its only due to the circulation of being mined is already 90% which is almost done in my view.

Or pretty much reached, since we see the prices now at 70%ish in circulation at $450 range.

By July this year, 75% of the bitcoin will have been mined, not 90%. So the price will keep on rising.

It depends on the demand of the bitcoin. If we can invest bitcoin like the Ethereum DAO, the price will rise.

Yeah its your right but less supply after block will happen and i think the price of bitcoin will increased because of this
From 25 btc per block now after block halving the block reward will be half into 12.5 so i think our supply decreased and deman still there so the price should be rise..

[katrimans]

I am not for sure that it will be a good year for Bitcoin because there are also a lot of people that is quite negative about the halving because it is not even rising now.
And that is bad for the future because people who already have Bitcoin wants to make profit fast which that is not possible now.

2016 will be best year of bitcoin

[BitsandBites]

At the end of 2016 the price is going to be around $600 I believe. But the price has to keep going up for that to even happen because with Bitcoin is can sometimes go slow that is why we have to keep patient.

[hawkins]

At the end of 2016 the price is going to be around $600 I believe. But the price has to keep going up for that to even happen because with Bitcoin is can sometimes go slow that is why we have to keep patient.

absolutely right, it is the largest possible that will happen if bitcoin continue to rise from now on. price of $ 600 might have been very large and a very high increase compared to the price increase in 2015 bitcoin

[baritus]

I found a good article on the topic here:
http://www.forbes.com/sites/laurashin/2016/05/24/bitcoin-production-will-drop-by-half-in-july-how-will-that-affect-the-price/#59568eed99e1

[n0ne]

At the end of 2016 the price is going to be around $600 I believe. But the price has to keep going up for that to even happen because with Bitcoin is can sometimes go slow that is why we have to keep patient.

Price could even go higher than the quoted $600 if the price on halving goes above $500 surely this year could be one of the best year of bitcoin.

[azguard]

At the end of 2016 the price is going to be around $600 I believe. But the price has to keep going up for that to even happen because with Bitcoin is can sometimes go slow that is why we have to keep patient.

Price could even go higher than the quoted $600 if the price on halving goes above $500 surely this year could be one of the best year of bitcoin.

it could be that price on halving go on 600 with ease and then go sky high my assumption on this
never the less expect this 600 to be piece of cake price just in right moment of halving maybe it will touch little more but 600 it fine price
expect bigger moves on price after halving when things cool down a little

[wildan88]

At the end of 2016 the price is going to be around $600 I believe. But the price has to keep going up for that to even happen because with Bitcoin is can sometimes go slow that is why we have to keep patient.

Price could even go higher than the quoted $600 if the price on halving goes above $500 surely this year could be one of the best year of bitcoin.

it could be that price on halving go on 600 with ease and then go sky high my assumption on this
never the less expect this 600 to be piece of cake price just in right moment of halving maybe it will touch little more but 600 it fine price
expect bigger moves on price after halving when things cool down a little

600 even I thought it would be a little difficult to achieve after halving, but it takes a few months. but the 500 seems very possible and easy to achieve.

[baritus]

I'm going to be buying a good amount of BTC, pretty confident in a rise. The uptrend is strong.

[mark coins]

I'm going to be buying a good amount of BTC, pretty confident in a rise. The uptrend is strong.

Yeah even I am trying to earn or buy as much possible at this stage as this time will never come back, and we can expect huge price in future for sure.