Current Sentiment Poll

[isvicre]

I thought Bitcoin halving speculation gives us new ATH but I think that's not possible anymore. Price is too low for 2016. I think it will rise but not reach all time high this year. Maybe 700-800$ will be the new band.

[The Sceptical Chymist]

Lol Kwukduck.  I don't think things will be that bad by any stretch of the imagination, but sentiment is pretty bleak lately.  Who knows, though?  We could have the best year yet with a little bit of good news.  Look what happened with all of those altcoins recently.  We might have some really great trading days--but hopefully not as volatile as the altcoin market.

[pooya87]

it is really hard to speculate with all the drama which is surrounding bitcoin these days. the market can go either way depending on how things turn out to be like. if the drama gets bigger it can even go down.

but if it is solved, especially around the halving time, i would expect a mega-bubble happening very easily in a short time hence reaching a new all time high.

[Indianacoin]

Obviously bitcoin's price will rise upto a greater extent what is until now.
After the next reward halving it will soon reach a price of $850 and might stay there until December when it will lower its limit due to most hoarders selling them for buying holiday gifts.

In general bitcoin is at a stable and a significant position as of now.
So I think there is no need to worry about other speculations and discussions regarding Bitcoin Classic, although it might take another year to fully implement those phenomenal changes.

So lets just forget all those controversies and enjoy the fruits of Satoshi's tree.

[oblomov]

I think we have already seen the pre-halving bump.

Halving is not at question, it has virtually a 100% probability of happening.

So, the market should already have priced this event in.

I do anticipate continued accumulation from Chinese, American, and European investors.  This will result in a steady rise, not spikes.

[Moon_Man]

how do you vote on polls? im guessing i need higher post count  . to answer ur question id pick option 1 

[BitcoinHodler]

mega bubble all the way in a a couple of months

how do you vote on polls? im guessing i need higher post count  . to answer ur question id pick option 1 

(Voting closes: February 28, 2016, 04:05:57 PM)

[afbitcoins]

how do you vote on polls? im guessing i need higher post count  . to answer ur question id pick option 1 

Not sure  Thought it was open to all. Maybe its to stop people creating sock puppet accounts to bias the result with multiple votes ?

Thanks for all responses so far. If you haven't voted yet. come on tell us what you think.

[Afrikoin]

I voted bearish, will reach $100.

I wish i had other options, like - will drop to $250.

I can settle for Flat and range bound. Seems reasonable.

Any way, very telling that 53% + are bullish. To me, that is a bad sign.

[afbitcoins]

I voted bearish, will reach $100.

I wish i had other options, like - will drop to $250.

I can settle for Flat and range bound. Seems reasonable.

Any way, very telling that 53% + are bullish. To me, that is a bad sign.

I've changed that option to 'price will fall' rather than naming a price, I didn't really mean $100 as a target although thats how it sounded. Anyway, I'll let the poll run as is, although modifiying options is probably not good.

Bulls winning so far, not sure if thats a bullish signal or contrarian bearish  

[1Referee]

I voted bearish, will reach $100.

I wish i had other options, like - will drop to $250.

I can settle for Flat and range bound. Seems reasonable.

Any way, very telling that 53% + are bullish. To me, that is a bad sign.

I've changed that option to 'price will fall' rather than naming a price, I didn't really mean $100 as a target although thats how it sounded. Anyway, I'll let the poll run as is, although modifiying options is probably not good.

Bulls winning so far, not sure if thats a bullish signal or contrarian bearish  

I have seen a lot people turn from ultra bullish to just bullish on the edge of being bearish lately. There were a lot people posting stuff like the price will rise to $1000 and even $2000 after the block halving. These people lowered their tone significantly.

[afbitcoins]

Bulls winning so far, not sure if thats a bullish signal or contrarian bearish  

I have seen a lot people turn from ultra bullish to just bullish on the edge of being bearish lately. There were a lot people posting stuff like the price will rise to $1000 and even $2000 after the block halving. These people lowered their tone significantly.

I suppose people are a bit more cautious about all the scalability squabbling and possible branching of the blockchain. And that Mike Hearn stuff. Although being honest had anyone even heard of Mike Hearn before he stormed out like that?

[damiano]

mega bubble all the way in a a couple of months

how do you vote on polls? im guessing i need higher post count  . to answer ur question id pick option 1  

(Voting closes: February 28, 2016, 04:05:57 PM)

He asked how to vote not when it closes.

You can vote when you get to Junior member as far as I know.

My vote is bearish as usual for the short term.

[afbitcoins]

*Bump*

Anyone else ready to vote? Where is bitcoin going in 2016?

[Struble]

To me it seems we've reach a moment where the price slowly will go back to old price.
I don't expect the price to go up again. not before the halving.

[Dekker3D]

It will rise for a while but will dip again bringing the miners no longer profitable due to halving.

[Redrose]

Wow a kwuckduck vote already, wonder if that was from the actual kwuckduck?

When I voted I wondered what this voting option. Maybe you could enlight me about this ?

[afbitcoins]

Wow a kwuckduck vote already, wonder if that was from the actual kwuckduck?

When I voted I wondered what this voting option. Maybe you could enlight me about this ?

Kwuckduck is always hardcore bearish, for example.

Bitcoin doesn't scale.
Mining operations are becoming more and more centralized.
Mining is an inefficient wasteful and toxic process for the environment.
The vast majority of coins is owned by a hand full of people.
Confirmations are too slow for every day use.
Transactions are fully traceable,  not anonymous.
Need I go on?

I guess the kwuckduck vote is supposed to mean bitcoin will completely fail.

[afbitcoins]

In fairness to kwuckduck those are all valid points in above quoted comment. In some ways I'm not too far away from his thinking either. However I still think price is going to rise though.

[afbitcoins]

Just over 10 days of voting left. At this time majority say price will rise but not reach all time high this year.

Do you agree?

Heres a picture giving rough estimates of the how I imagine the voting scenarios