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Question: Predictions for this year  (Voting closed: February 28, 2016, 04:05:57 PM)
Megabubble this year fueled by halving mania - 24 (29.6%)
Will rise but not reach all time high - 32 (39.5%)
Flat and rangebound - 7 (8.6%)
Bearish, can't scale price will fall - 10 (12.3%)
Kwuckduck - 8 (9.9%)
Total Voters: 81

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afbitcoins (OP)
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January 29, 2016, 04:05:57 PM
 #1

Just curious what peeps are thinking is in store for bitcoin. Where is bitcoin heading in 2016?

bearing in mind we are still only in January just now.
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afbitcoins (OP)
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January 29, 2016, 04:10:17 PM
 #2

Wow a kwuckduck vote already, wonder if that was from the actual kwuckduck?
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January 29, 2016, 05:23:09 PM
 #3

Megabubble at some point.  Most likely lower before higher though.  It may even crash to crazy levels before starting run.  I think this blocksize debate will resolved with a combo of Bitcoin Classic and Segwit.  Wasn't it Jeff Garzik tweeting that 2MB hard fork will be out before end of January? 

I could see insane crashes during the implementation process but then extreme strength when everyone realizes that everything works and now we have much greater capacity.

Plus then of course the halving effect.

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January 29, 2016, 05:23:39 PM
 #4

Whats your vote AF?

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January 29, 2016, 05:26:11 PM
 #5

no new ATH till well after the halving + some form of doubling of capacity + nodes making full use of BIP9

750-500 $ range for most of 2016

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January 29, 2016, 05:53:22 PM
 #6

It will take 4-6 months before market can digest the halving effect. I'm predicting $600 in November/December, not before. $600 will be the top for the year.

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January 29, 2016, 06:11:21 PM
 #7

i think price is going to be totally reliant on how the block size debate ends. it might even negate the halving effect to some extent.

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

kwuck is always ducking around here from the beginning of the time. Cheesy

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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January 29, 2016, 07:32:42 PM
 #8

Most likely by the end of the year it will reach up to $700 at most (as if everything goes it's way - best case scenario).

1. Issues getting sorted out √
2. Halving near √
3. Increase in demand (overall not late events of dumping) √

Base on those (I might have missed some) it will surely be an upscale going toward the end of 2016.

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January 29, 2016, 07:34:44 PM
 #9

I see two possible scenarios

1) Issues get solved, then a big raise happens due to euphoria, although a doubt an all time high

2) Issues are not solved, so it slowly scales to 450-500 again, perhaps sustaining that value.


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January 29, 2016, 07:37:04 PM
 #10

i'm between, "there will be a megabubble, but since everybody expect it, maybe actually there will not be any megabubble" and "there will be a price increase with multiple bubble, until we break the last ath"....
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January 29, 2016, 07:57:06 PM
 #11

I think this year will be solid but unspectacular with a side order of potential chaos if we all go fork crazy.
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January 29, 2016, 08:01:35 PM
 #12

I used to think Bitcoin would reach a new ATH, but I lowered my prediction to a new high of $700 this year. That's why I vote for the option ; will rise but not reach all time high.
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January 29, 2016, 08:02:03 PM
 #13

Just curious what peeps are thinking is in store for bitcoin. Where is bitcoin heading in 2016?

bearing in mind we are still only in January just now.

This is an interesting and very good way to have real data about something (whatever can be). Very different from these threads who tell: will be 560 us dollar or will reach 987 us dollar. Very different even from those which ask fixed price. Having reasonable options to chose is a scientific tool which measure with acceptable precision (the amount of which depends only by the number of votes) the "humor" and the expectations of the people of bitcoin. Its interesting to see the results of this poll and it would be better that OP first and all the others find ways to spread it as much as it would be possible. More are the voters more everyone will know the overall thoughts of our community. Its interesting to read even the arguments which might give everyone regarding its choice. I can tell that I voted the second option and don't have any particular argument in favor of my choice. It is only (as it told by OP) what I feel about the possible price after halving. I hope to have big wrong and what I feel be a big mistake.  Cheesy
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January 29, 2016, 08:10:55 PM
Last edit: January 29, 2016, 08:29:23 PM by afbitcoins
 #14

Whats your vote AF?

I'm still leaning towards megabubble

This is an interesting and very good way to have real data about something (whatever can be). Very different from these threads who tell: will be 560 us dollar or will reach 987 us dollar. Very different even from those which ask fixed price. Having reasonable options to chose is a scientific tool which measure with acceptable precision (the amount of which depends only by the number of votes) the "humor" and the expectations of the people of bitcoin. Its interesting to see the results of this poll and it would be better that OP first and all the others find ways to spread it as much as it would be possible. More are the voters more everyone will know the overall thoughts of our community. Its interesting to read even the arguments which might give everyone regarding its choice. I can tell that I voted the second option and don't have any particular argument in favor of my choice. It is only (as it told by OP) what I feel about the possible price after halving. I hope to have big wrong and what I feel be a big mistake.  Cheesy

Thanks, yes I hope results could be quite revealing
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January 29, 2016, 08:41:06 PM
 #15

I'm fully expecting a "Megabubble this year fueled by halving mania". There is just too much going on around bitcoin at the moment and the trend is still clearly pointing upwards. We faced some bad news and corrections, but that is to be expected. It is about time we got a good hype again that pushes the price of bitcoin and altcoins to previously unheard of levels.

Bitcoin will hit 1800 this year is my expectation, and litecoin will go to around 80. Other coins probably rise in the same percent range as litecoin, with some exceptions of hyped coins.
Imo this will be an interesting and fruitful year!
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January 29, 2016, 09:06:26 PM
 #16

I am holding but... the future is looking like gov controlled crypto will be the norm... any opinion against your ruling power will land you in able to use your wealth... slavery at it's finest.
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January 29, 2016, 10:31:54 PM
 #17

I think there will be a massive pre halving pump that will cause the price to possibly come close to $800-$900. It will however not last long as the price will come down to $500-$600 after all the dumping of coins that people have been saving up.
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January 30, 2016, 01:29:24 AM
 #18

It will not reach ATH, imho.

R


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January 30, 2016, 01:30:54 AM
 #19

It will not reach ATH, imho.

I agree. 2017 will be ridiculous though.
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January 30, 2016, 03:10:53 AM
 #20

Bearish in the short term.
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