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Author Topic: Can bitcoin rise up to 800$ this year ?  (Read 48360 times)
Nimbulan
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May 15, 2016, 02:44:02 PM
 #601

i hope too

thing is that we all very hope for that, and i think that it is actually possible now with halving in July, you probably noticed that price rises these days, that is because everybody buys bitcoins for halving now

so price after halving should be 2 times larger than before, so we will be very close to 800$, and in 6 months till end of 2016 i think that price will rise enough to be above 800$

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May 16, 2016, 08:46:30 AM
 #602

I am pretty sure. bitcoin have great power. bitcoin will reach 800USD this year. and bitcoin will be one of the great powers in the media remittances in the world.

If we see price above $600 at the time of halving then I think $800 can be achieved by the end of the year, but nothing can be predicted about the price of bitcoin.

the $800 price level is out of reach this year. at every round price level such as $500/$600/$700 there will be a massive amount of resistance. even staying above the $500 price level will be a more than difficult target for this year. there is not much beside the block halving and maybe even the block size increase to give the price a push forward. both happenings are simply not enough to make the price come close to $800 in 2016.

Have we seen a massive amount of resistance at the 400s? No!
So why shouldn't there be the possibitlity to pass the 500 similarly easy and move up straight to 600?
It just needs a certain trigger, an event and the influx of fresh new money happens.Boom!
I'm not saying it's happening before halving or directly after it , but it will happen.Can we reach the 800? I don't know.But I wouldn't say it's not possible. I believe it is possible.But it won't be easy.And if it would be sustainable that's a completely different story.
What would make the new money to flow to Bitcoin that easily?
Why are you sure it will happen?
I see $500-600 as the ceiling this year, as there is very little on the fundamental side to support any rally.
All what we've seen so far is hype and thin air. That can give us some brief p&d, like the one in the last November.

this space is intentionally left blank
jerelimZ
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May 16, 2016, 09:01:37 AM
 #603

i hope too

thing is that we all very hope for that, and i think that it is actually possible now with halving in July, you probably noticed that price rises these days, that is because everybody buys bitcoins for halving now

so price after halving should be 2 times larger than before, so we will be very close to 800$, and in 6 months till end of 2016 i think that price will rise enough to be above 800$

I don't think $800 is possible at the time of halving, we need to wait to see that price, bitcoin is not rising with good pace, rise is slow at a moment.


 
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May 16, 2016, 09:04:16 AM
 #604

it seems difficult to reach $800 this year because we are close to the halving and the price is still in the same levels from the beginning of this year with a slightly ups and downs. maybe it will happen next year
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May 16, 2016, 10:44:16 AM
 #605

it seems difficult to reach $800 this year because we are close to the halving and the price is still in the same levels from the beginning of this year with a slightly ups and downs. maybe it will happen next year

Doesn't matter.
When you check the charts of 2012 you will see that at that time before halving also nothing had happened.
And during halving and directly after there were also no effect to be seen.
Expect a bit of delay to see some significant increase in terms of price.A few months definitely I would guess.

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May 16, 2016, 11:19:49 AM
 #606

It's not realistic to expect this. Unless some enormous demand is created the market price will float arount the current price. So no 800 is more a figure we can see next year (hopefullY)

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May 16, 2016, 11:57:01 AM
 #607

it seems difficult to reach $800 this year because we are close to the halving and the price is still in the same levels from the beginning of this year with a slightly ups and downs. maybe it will happen next year

Doesn't matter.
When you check the charts of 2012 you will see that at that time before halving also nothing had happened.
And during halving and directly after there were also no effect to be seen.
Expect a bit of delay to see some significant increase in terms of price.A few months definitely I would guess.

Well the adoption and bitcoin usage back in 2012 is far less in numbers compare for the 2016 halving. If the demand will be rise and miner's reward will drop it's really make sense to believe that it will increase the price but it doesn't mean it will reached to $800 before the year ends.

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May 17, 2016, 06:03:32 AM
 #608

it seems difficult to reach $800 this year because we are close to the halving and the price is still in the same levels from the beginning of this year with a slightly ups and downs. maybe it will happen next year

Doesn't matter.
When you check the charts of 2012 you will see that at that time before halving also nothing had happened.
And during halving and directly after there were also no effect to be seen.
Expect a bit of delay to see some significant increase in terms of price.A few months definitely I would guess.

Well the adoption and bitcoin usage back in 2012 is far less in numbers compare for the 2016 halving. If the demand will be rise and miner's reward will drop it's really make sense to believe that it will increase the price but it doesn't mean it will reached to $800 before the year ends.
Yes absolutely right may bitcoin will have a price of $ 800 could be achieved between the end of this year or early next year.
I am sure now that bitcoin prices continue to rise.
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May 17, 2016, 06:48:27 AM
 #609

It's not realistic to expect this. Unless some enormous demand is created the market price will float arount the current price. So no 800 is more a figure we can see next year (hopefullY)
Well, better not expect the price to $ 800 so far this year. because it can make a big disappointment. but it is indeed possible if bitcoin prices rose to $ 800 this year. This can be evidenced by the increase in the price of bitcoin is slowly, and if only halving really happened, bitcoin price may be more than that. but better not expect  Grin

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May 17, 2016, 07:15:42 AM
 #610

It's not realistic to expect this. Unless some enormous demand is created the market price will float arount the current price. So no 800 is more a figure we can see next year (hopefullY)
Well, better not expect the price to $ 800 so far this year. because it can make a big disappointment. but it is indeed possible if bitcoin prices rose to $ 800 this year. This can be evidenced by the increase in the price of bitcoin is slowly, and if only halving really happened, bitcoin price may be more than that. but better not expect  Grin

The halving will really happen, not sure why you doubt about that. However, the impact of the halving may be very limited at this point. Better focus at a price of $600 for this year.

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May 17, 2016, 07:16:59 AM
 #611

It can definitely. But my guess is more in the $650-$700 region at the end of the year.

Last year we literally doubled in price. I'm happy with a 50% or 60% increase this year.
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May 17, 2016, 07:20:59 AM
 #612

It's not realistic to expect this. Unless some enormous demand is created the market price will float arount the current price. So no 800 is more a figure we can see next year (hopefullY)
Well, better not expect the price to $ 800 so far this year. because it can make a big disappointment. but it is indeed possible if bitcoin prices rose to $ 800 this year. This can be evidenced by the increase in the price of bitcoin is slowly, and if only halving really happened, bitcoin price may be more than that. but better not expect  Grin

The halving will really happen, not sure why you doubt about that. However, the impact of the halving may be very limited at this point. Better focus at a price of $600 for this year.

it is difficult to predict the price, anything can happen. but if we think realistically $800 really difficult to achieve. I also predict the price is not too far away. 600 is very likely to be achieved.

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Icathia
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May 17, 2016, 07:28:07 AM
 #613

Right now it is in a pretty bad place. Maybe after halving we will see the price rise but not by that much.
correct i dont think he would ever hit that in 2016. Maybe in a couple of years he will get there
but for these year it´s not going to reach it at all. in the future he will hit the 1000 for sure.
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May 17, 2016, 07:30:24 AM
 #614

It's not realistic to expect this. Unless some enormous demand is created the market price will float arount the current price. So no 800 is more a figure we can see next year (hopefullY)
Well, better not expect the price to $ 800 so far this year. because it can make a big disappointment. but it is indeed possible if bitcoin prices rose to $ 800 this year. This can be evidenced by the increase in the price of bitcoin is slowly, and if only halving really happened, bitcoin price may be more than that. but better not expect  Grin

The halving will really happen, not sure why you doubt about that. However, the impact of the halving may be very limited at this point. Better focus at a price of $600 for this year.

it is difficult to predict the price, anything can happen. but if we think realistically $800 really difficult to achieve. I also predict the price is not too far away. 600 is very likely to be achieved.

$800 won't even be part of the question for this year. Even $600 may not be touched, but at least it's a better price level to focus on as there is some sort of probability of getting to that price level this year.

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May 17, 2016, 08:11:25 AM
 #615

It's not realistic to expect this. Unless some enormous demand is created the market price will float arount the current price. So no 800 is more a figure we can see next year (hopefullY)
Well, better not expect the price to $ 800 so far this year. because it can make a big disappointment. but it is indeed possible if bitcoin prices rose to $ 800 this year. This can be evidenced by the increase in the price of bitcoin is slowly, and if only halving really happened, bitcoin price may be more than that. but better not expect  Grin
This year it will be not possible that it will reach the $800 and that is because it is stable for a long time so it have to be more worth and that would be perfect.
As you can see now you see also that the value is slowly now and that is nice.
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May 17, 2016, 08:17:00 AM
 #616

Yes the bitcoin can easily rise to a higher amount these days without any doubts, I really think the bitcoin has a good future a head with the halving incoming.
The 800 dollar will be reached at a certain point.
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May 17, 2016, 10:36:39 AM
 #617

No not this year I believe we do not have reached $500 yet so it will be pretty unlikely to reach $800 this year. Maybe this can happen next year or the year after that you will never know it with Bitcoin.
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May 18, 2016, 07:12:51 AM
 #618

It's not realistic to expect this. Unless some enormous demand is created the market price will float arount the current price. So no 800 is more a figure we can see next year (hopefullY)
Well, better not expect the price to $ 800 so far this year. because it can make a big disappointment. but it is indeed possible if bitcoin prices rose to $ 800 this year. This can be evidenced by the increase in the price of bitcoin is slowly, and if only halving really happened, bitcoin price may be more than that. but better not expect  Grin

The halving will really happen, not sure why you doubt about that. However, the impact of the halving may be very limited at this point. Better focus at a price of $600 for this year.

it is difficult to predict the price, anything can happen. but if we think realistically $800 really difficult to achieve. I also predict the price is not too far away. 600 is very likely to be achieved.

$800 won't even be part of the question for this year. Even $600 may not be touched, but at least it's a better price level to focus on as there is some sort of probability of getting to that price level this year.

600 it would have touched this year. the price was not too high, especially this year we are going to happen halving. and at least it could make the price rise.

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May 18, 2016, 10:06:23 AM
 #619

It's not realistic to expect this. Unless some enormous demand is created the market price will float arount the current price. So no 800 is more a figure we can see next year (hopefullY)
No for the bitcoin price to hit $800 is pretty unlikely to happen so it is not going to happen. I see this happening within 2017 but not know it is just way to soon for that to happen.
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May 18, 2016, 01:02:12 PM
 #620

It's not realistic to expect this. Unless some enormous demand is created the market price will float arount the current price. So no 800 is more a figure we can see next year (hopefullY)
No for the bitcoin price to hit $800 is pretty unlikely to happen so it is not going to happen. I see this happening within 2017 but not know it is just way to soon for that to happen.


Yeah I think we will not see this price by the end of the year maybe it is possible in next year, maximum we can see price in this year would be around $600.
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