Block Reward Halfening 2016 ---> New ATH

[The Sceptical Chymist]

That's nice to see, I hope it can rise like that again. Am I being stupid thinking that we could see $2000 bitcoin's as a result of the halving (a few months after).

Well I doubt it will reach 2000$ that easy - we must pass the 1000$ mental barrier and then if we manage to get to 1500$, there will be a stop sign - at that point it will be critical, either the hype will continue OR there will be a major "dump"/correction. Fast rises are not good for the stability of the coin. At the moment all that I see is a bubble forming, just like back in 2013 - the hype back then was huge, compared to now, because not so many people knew about Bitcoin. Today people are informed and they know about the halving, but they know that the bubble will pop at some point, so they will be more careful, because no one wants to be a "bag holder". So 2000$ is a bit too much if you ask me, but ~1000$ - 1200$ on the other side is absolutely doable.

You're a fiat world fool. The bubble won't pop this time because it is the fiat bubble that is going to pop soon.

In other words: "It's different this time. "

Be very careful.   That's what people said about tulips, railroads, Radio stock, and Enron.  I'm a bitcoin supporter but I'm very aware of the history of those manias.

[1715659442]

1715659442

[useless4]

Based on previous ATH, I think we should see a hike of more than $2400, I mean double the previous ATH.

i hope you are right because it would surely attract even more people to bitcoin, though the price might be not reachable

[Hyena]

In other words: "It's different this time. "

Be very careful.   That's what people said about tulips, railroads, Radio stock, and Enron.  I'm a bitcoin supporter but I'm very aware of the history of those manias.

If nothing spectacular happens this year or by Spring 2017 then I'm going to back off with my wild predictions and admit being wrong. This is how confident I am. It's the make it or break it year for everything. Banks are going to collapse, countries are going to collapse, real estate is going to collapse gold and silver will skyrocket, BTC will go to da Moon.