Max Price of Bitcoin After Halving

[Jemzx00]

So from just a month bitcoin price went up a lot from 500$ to 570+$ and the halving event isn't happening yet. So I ask what do you think will be the price of bitcoin on the day on and after halving event. From those people who's most experience the changea of price of bitcoin??

[Lauda]

From those people who's most experience the changea of price of bitcoin??

There is no such thing. The chance of their prediction coming true is almost as equal as the chance of the next person's prediction. Nobody can really know for sure how much and when the market is going to shift.
Additionally, why do people have the need to open up so many speculation threads (+ in the wrong section) about the halving? Quite redundant.

[Cryptonitex]

Everybody is going to tell you that they don't know, and that they can't predict the price.

This question has been asked 5 times in the past 3 days.

Thank you.

[familiaverde]

I say that the bitcoin price will be something like this

650-700$ before halving

800-850$ fist 2 weeks after halving

and then 650$ again after the correction

at the end of the year 800$

[panju1]

So from just a month bitcoin price went up a lot from 500$ to 570+$ and the halving event isn't happening yet. So I ask what do you think will be the price of bitcoin on the day on and after halving event. From those people who's most experience the changea of price of bitcoin??

According to "experts", the price increase has more to do with demand from China rather than the block reward halving.
While the halving is important, it is not the only factor which drives Bitcoin's price.

[Kprawn]

The Halving will be the pinnacle of the event, and the buildup to the event will be the thing to watch. The figures have been influenced by the Chinese, with all the rumours that there are massive capital flight

out of China, but I figure a big percentage of that are just people {speculators} investing in the hopes to profit on the Halving event. The price will still climb, and my early predictions were that it would go to

$650, IF nothing major happens.  {Like an exchange being hacked and millions of coins being lost} 

[familiaverde]

So from just a month bitcoin price went up a lot from 500$ to 570+$ and the halving event isn't happening yet. So I ask what do you think will be the price of bitcoin on the day on and after halving event. From those people who's most experience the changea of price of bitcoin??

According to "experts", the price increase has more to do with demand from China rather than the block reward halving.
While the halving is important, it is not the only factor which drives Bitcoin's price.

I say it is the first important factor "the halvening" becouse the biggest farms for bitcoin are from china and they cannot just shut down the miners ..

 

[Divinespark]

I think we will see $700 before halving, and an extremely volatile move into the $800 to 1000 range by the end of the year

[raphma]

So from just a month bitcoin price went up a lot from 500$ to 570+$ and the halving event isn't happening yet. So I ask what do you think will be the price of bitcoin on the day on and after halving event. From those people who's most experience the changea of price of bitcoin??

According to "experts", the price increase has more to do with demand from China rather than the block reward halving.
While the halving is important, it is not the only factor which drives Bitcoin's price.

yeh, after the halving the pump will probabibly continues because of it. Just like the last bubble.
About the price, it's impossible to predict but i would expect at least twice as we have right now (between 800~1000USD) to compensate the farmers. Otherwise it will be doom.

[BellaBitBit]

So from just a month bitcoin price went up a lot from 500$ to 570+$ and the halving event isn't happening yet. So I ask what do you think will be the price of bitcoin on the day on and after halving event. From those people who's most experience the changea of price of bitcoin??

According to "experts", the price increase has more to do with demand from China rather than the block reward halving.
While the halving is important, it is not the only factor which drives Bitcoin's price.

This is becoming more apparent after see the last 48 hours of trading.  If this recent surge was without a doubt due to the halving then it would be more stable or still steadily climbing.  I am seeing strong resistance to the 600 mark which I would assume would be blown away if it was gearing up for the halving.

I agree that this increase was all China - running from the yuan.  

Should be interesting to see what effect this current run up and possible run down may have on the halving.  While this volatility is fun for traders, I personally do not think it is good for the growth and further adoption of the coin.

[FandangledGizmo]

Bitcoin could clearly support a $400 price level for an extended period. So after the halving it could support $800 with the same level of demand if it gets there.

LTC is a good example. It clearly couldn't support much more than $60 million in the first half of 2015. While LTC rose a few months prior to the halving it has clearly been able to support $120 million+ since.

It appears BTC is already pricing in the halving as would be expected, so I would expect BTC to be able to sustain circa $800 if it gets there.

It could also overshoot and if it hits a new ATH in the process, then all bets are off. (Could go very high) That would probably require something like a another major Chinese devaluation or significant financial event around that general period.

[Amph]

under 1k, because if we break 1k, nothing will stop us from reaching 2k

700-800 is a good estimate the best you can have

[chuyengia2244]

Bitcoins price rise as of late has been on very very low volume...... I think someone out there is just trying to fluff the price up a bit / manipulate it upwards in order to restore faith in the currency, it could endup being a fools errand for them.

[SilverPunk]

The max price prediction for me is $650-$700 for the end of this halving and $800 till this end of december. But who knows ,there's a more chance of highering the price but not predicting too much.

[jtalk]

Bitcoin is most unpredictable digital currency.I have opinion and expectations about price after halving will be above 500 $.In current situation even there will be huge increase what is happening right now.We will see stability above 500 $ and over all range can be between 500-650 $ for me as well.

[Novalok]

It's going to be over 1K soon. The train has started and its going to be very hard to get it to stop.

[~Bitcoin~]

I see max at 800$ but 600$ as minimum entry price for halving, but we may see lots of dumping just after halving within week of halving.

[Wendigo]

under 1k, because if we break 1k, nothing will stop us from reaching 2k

700-800 is a good estimate the best you can have

Mate the price will fall at any point when the long-term holders start selling off their stash. Why do you think the price will go from $1k straight to $2k? What if people are content with the $1k price and unload all their coins on the market and crash the price back to sub $500 level? One panic sell and the whole market goes into further turmoil because of the domino effect. The funny thing about the Bitcoin market is that there are no rules scrutinizing the market movements and you can't expect to base the future price on past events because past events are in the past and there is no correlation to the current market situation.

[Amph]

under 1k, because if we break 1k, nothing will stop us from reaching 2k

700-800 is a good estimate the best you can have

Mate the price will fall at any point when the long-term holders start selling off their stash. Why do you think the price will go from $1k straight to $2k? What if people are content with the $1k price and unload all their coins on the market and crash the price back to sub $500 level? One panic sell and the whole market goes into further turmoil because of the domino effect. The funny thing about the Bitcoin market is that there are no rules scrutinizing the market movements and you can't expect to base the future price on past events because past events are in the past and there is no correlation to the current market situation.

because 1k is a mental barrier like $500 was, in fact when the 500 was broken recently, we went stright to 600 and we are still increase probably just wait

if we break 1k the same thing will happen, we will go much higher, the price will not crash back at these current level, simply because we are already rock solid at 450, for many months

[virasog]

under 1k, because if we break 1k, nothing will stop us from reaching 2k

700-800 is a good estimate the best you can have

Mate the price will fall at any point when the long-term holders start selling off their stash. Why do you think the price will go from $1k straight to $2k? What if people are content with the $1k price and unload all their coins on the market and crash the price back to sub $500 level? One panic sell and the whole market goes into further turmoil because of the domino effect. The funny thing about the Bitcoin market is that there are no rules scrutinizing the market movements and you can't expect to base the future price on past events because past events are in the past and there is no correlation to the current market situation.

I think it will fall till $500