bitcoin prices jump to $600+ in...

[praprata]

Bitcoin is trending up. When will the price hit $600?
Please cast your vote and discuss.

I think tgat it will go so high in 2016 July because of halving, it should rise even more than 600$ of course, but i don't think that it can go so high earlier, not even if we will have rises only, still max we can go is 500$

well to be honest you are most probably right about that though if ethereum started failing we might see a huge increase before halving too

the price is pretty unpredictable right now as everyone is just waiting so even though it is stable for a while we dont know what will happen tomorrow

Indeed, I'm thinking the same thing but it still has to proof itself of course because the bitcoin itself is unpredictable if you ask me.
Its all a matter of time and I hope it will get to the 600 dollar by July.

[pooya87]

my vote goes to May or June 2016
mostly because i think the rise needs more time for the accumulation phase and also there needs to be some kind of fuse to initiate the rise first in order to see it otherwise it can't just go up as much as we hope without any initiative.

[onewiseguy]

mid 2016 would be a better deal. once halving. hits.

[Herbert2020]

we might not see the rise we were expecting for a longer time so i think the best time for price increase (the most possible date in my opinion) is around summer.

unless some new changes happen with bitcoin like the block size issue getting solved sooner.

[Kollor]

I voted on July 2016, that's my last hope I think.. after that, if there is no price increase, we could expect the price to just stay this level as there is no other reason that could pump up the price except the christmas holidays..

[panju1]

I voted on July 2016, that's my last hope I think.. after that, if there is no price increase, we could expect the price to just stay this level as there is no other reason that could pump up the price except the christmas holidays..

A lot of people are banking on the block reward halving for an increase in price.
That is more realistic than Christmas holidays.

[vendetahome]

I voted on July 2016, that's my last hope I think.. after that, if there is no price increase, we could expect the price to just stay this level as there is no other reason that could pump up the price except the christmas holidays..

A lot of people are banking on the block reward halving for an increase in price.
That is more realistic than Christmas holidays.

well Christmas holidays are still the event that can make the price of the bitcoin grow as people will buy bitcoins in order to be able to buy some presents

Of course halving will have way more impact on bitcoin than the Christmas and I hope that the price of the bitcoin will grow significantly

[LMGTFY]

I voted on July 2016, that's my last hope I think.. after that, if there is no price increase, we could expect the price to just stay this level as there is no other reason that could pump up the price except the christmas holidays..

A lot of people are banking on the block reward halving for an increase in price.
That is more realistic than Christmas holidays.

well Christmas holidays are still the event that can make the price of the bitcoin grow as people will buy bitcoins in order to be able to buy some presents

Of course halving will have way more impact on bitcoin than the Christmas and I hope that the price of the bitcoin will grow significantly

"BTC will rise over Christmas" is an interesting variant on the "BTC will fall" theory that did the rounds last Christmas. Back then we had 2 Christmas rises (2011 and 2012) and 2 Christmas falls (2013 and 2014). Christmas 2015 saw a ~20% rise.

People sell BTC for fiat to buy Christmas presents, people use fiat to buy BTC to give as Christmas presents, and many people don't celebrate Christmas and continue about their daily routines, buying and selling BTC as usual. Historically Christmas provides no clear direction - price could go up, or it could go down.

[talkbitcoin]

i voted May but there is really no way of telling based on the state we are at. and definitely not based on halvening because halving is not an event that is going to happen suddenly and change everything, the date is set.

i suppose the only thing that can change things is a fix for the block size

[Daneric]

I have not voted for any of the months mentioned because i believe the price of bitcoin might not go up that high this year. i am fully aware of the hype that the bitcoin price is going to rise due to halving. Dynamics tell me that the price might oscillate between $400 and $500 for the better part of the year. This is something that will happen may be next year or so.

[BitcoinHodler]

my money is on start of summer or maybe April May for the so called jump. but who knows maybe the jump never gets here and the price just continues rising very slowly

[LFC_Bitcoin]

I was/am hoping we'll see 600 USD bitcoin's as a result of the halving. No sign of that yet but still a few months to go & hopefully all is not lost.

[Mr. Big]

I am not hoping for a high increase in bitcoin price, but I think the price after July  might really reach $600, but I am not expecting that it will stay there for a long time..

[I can break these cuffs]

Definitely a few weeks or so before it starts. If it doesn't happen and stays where it is then miners will be turning their systems off and the halving disaster we all feared for will begin. Creating a halving for the 25mil bitcoin limit while there is over 100mil wallets isn't really a lot of bitcoin which means we need to be going up in storage capacity, not slowing it down.

[Altynbekova]

Definitely a few weeks or so before it starts. If it doesn't happen and stays where it is then miners will be turning their systems off and the halving disaster we all feared for will begin. Creating a halving for the 25mil bitcoin limit while there is over 100mil wallets isn't really a lot of bitcoin which means we need to be going up in storage capacity, not slowing it down.

Nah i don't think so. The effect of the halving is zero like it was zero last time. Zero in the way it don't affect the price. For bitcoin standards the halving itself is an important thing.

[RoommateAgreement]

$500 is around the corner so it will be reached by the end of this month or the begining of the next.

so for $600 it will be either a slow rise withing 2 months or a rise which will get past 600-800 in two months time.

[vero]

Definitely a few weeks or so before it starts. If it doesn't happen and stays where it is then miners will be turning their systems off and the halving disaster we all feared for will begin. Creating a halving for the 25mil bitcoin limit while there is over 100mil wallets isn't really a lot of bitcoin which means we need to be going up in storage capacity, not slowing it down.

Nah i don't think so. The effect of the halving is zero like it was zero last time. Zero in the way it don't affect the price. For bitcoin standards the halving itself is an important thing.

but all the price altcoins get increase after halving so i think it will affect to the price of bitcoin too maybe this is still speculation. lets see this will goes like we hope or not.

[richardsNY]

Definitely a few weeks or so before it starts. If it doesn't happen and stays where it is then miners will be turning their systems off and the halving disaster we all feared for will begin. Creating a halving for the 25mil bitcoin limit while there is over 100mil wallets isn't really a lot of bitcoin which means we need to be going up in storage capacity, not slowing it down.

Nah i don't think so. The effect of the halving is zero like it was zero last time. Zero in the way it don't affect the price. For bitcoin standards the halving itself is an important thing.

Nearly the entire forum is dreaming about the potential price increase due to the block halving. I believe there will be some sort of a price increase but not as much as a lot people here are thinking. We can expect the price to increase $50 to $100 from the price right now, and nothing more.

[I can break these cuffs]

Definitely a few weeks or so before it starts. If it doesn't happen and stays where it is then miners will be turning their systems off and the halving disaster we all feared for will begin. Creating a halving for the 25mil bitcoin limit while there is over 100mil wallets isn't really a lot of bitcoin which means we need to be going up in storage capacity, not slowing it down.

Nah i don't think so. The effect of the halving is zero like it was zero last time. Zero in the way it don't affect the price. For bitcoin standards the halving itself is an important thing.

The reason why it was zero last halving was because people were still making decent money off of mining and were still able to support themselves. When this halving happens their profits will be in the negative which will force them to turn off their machines which results in a slower network that will cause people to get angry over and not use bitcoin. That will then cause the price to drop even lower to were our last resort Chinese miners can't even run and will be forced to turn them off as well before they go bankrupt. That's what a halving disaster means.

[amacar2]

I have voted for june 2016 however may be it will take more than that. But i am quite sure that it will definately reach 600 or even more during halving period.