Why Bitcoin Price Predictions for 2016 Range as High as $1200?

[kerrisyrus235]

With several expert Bitcoin price predictions for 2016 tapping out at $1200 the coming year will prove the worth of the digital currency once and for all. The optimistic Bit coin price predictions represent quite a turnaround from the start of 2015, when the price of bitcoin was bottoming out firm the bursting of the late 2013 bubble and the Mt, Gox meltdown. If  this happens, I will personally sign you a video of me doing  the money dance buck naked, I am sure you will be doing the same too.

[raymond541]

Well if it really should reach $1200 this would be create. Not only would I made some Money, but it would also proof the success of Bitcoin. But to be honest I don't think this will happen. Prove me wrong, please.

[Lionidas]

The way that it has risen in the last 12 hours then I am positive it will rise too such levels again very soon. It is nearly half way there. And any good news will further increase this level close by mid week at this rate.

[BitHodler]

Can we for once first get to touch $700 -> $800 -> $900 -> $1000 before talking about reaching a new all time high?

It's mind boggling how easy people assume we will reach a new all time high just because the price has gone up to over $600....

[MingLee]

With several expert Bitcoin price predictions for 2016 tapping out at $1200 the coming year will prove the worth of the digital currency once and for all. The optimistic Bit coin price predictions represent quite a turnaround from the start of 2015, when the price of bitcoin was bottoming out firm the bursting of the late 2013 bubble and the Mt, Gox meltdown. If  this happens, I will personally sign you a video of me doing  the money dance buck naked, I am sure you will be doing the same too.

I've heard these predictions from some people on this forum, however I haven't heard of anyone who actually thinks this is going to happen from a professional point of view. I have heard at best some sketchy charts and people saying "oh yeah it'll go up around this high" and nothing beyond that. I predict something like maybe $600s if the value starts going back up, otherwise it'll likely be similar to what it is now.

[PsursV]

as it was expected for the last few months that the price of bitcoin will increase too much, but unfortunately the bitfinex issues decrease the price of bitcoin about 200 USD, where the investors lost their confidence and they become defensive but now they age gaining their confidence again and hope that the price will really cross 12oo usd at the end of 2o16USD.

[MaritiJames3]

I want the value of the Bitcoin to be $1200 at the end of 2016 because then I can really make some money if I decide to sell some Bitcoin.
But still do not know if it is going to happen so lets wait and see what will happen.

[1Referee]

I want the value of the Bitcoin to be $1200 at the end of 2016 because then I can really make some money if I decide to sell some Bitcoin.
But still do not know if it is going to happen so lets wait and see what will happen.

Of course it's not going to happen. We might not even see that price next year as the closer we come to the $1000 level, the extremer the selling pressure gets. If we can get the price to increase with around $150-$200 every year, then it's already a great achievement. $1000 is not realistic at this point.

[warwar]

I want the value of the Bitcoin to be $1200 at the end of 2016 because then I can really make some money if I decide to sell some Bitcoin.
But still do not know if it is going to happen so lets wait and see what will happen.

Of course it's not going to happen. We might not even see that price next year as the closer we come to the $1000 level, the extremer the selling pressure gets. If we can get the price to increase with around $150-$200 every year, then it's already a great achievement. $1000 is not realistic at this point.

Yeah i agree ! people in bitcoin now is they expect a lot about the price of bitcoin. we cant expect by next year with that big price and yeah i agree the prices increases every year about $100 is really good and we should be thankful about it

[asriloni]

With several expert Bitcoin price predictions for 2016 tapping out at $1200 the coming year will prove the worth of the digital currency once and for all. The optimistic Bit coin price predictions represent quite a turnaround from the start of 2015, when the price of bitcoin was bottoming out firm the bursting of the late 2013 bubble and the Mt, Gox meltdown. If  this happens, I will personally sign you a video of me doing  the money dance buck naked, I am sure you will be doing the same too.

that's just unreasonable speculation or just random guessing,there's no evidence at all that prove that bitcoin's price could skyrocketing,if bitcoin just reached $800 in the end of 2016 that just make sense but $1200 is just too far away even bitcoin's price could rising up more than 100% in one night and it's possible but it need so many factor that supporting

[Snorek]

Which experts say that Bitcoin will reach $1200? Can you share link to article, interview, economic forecasts or something to confirm this?
I am not talking about users who can speculate about everything and pull numbers from the space.

I know prediction of Tim Draper: https://news.bitcoin.com/2018-bitcoin-price-tim-draper-unlikely/

But I consider it very outdated and hyped as he said that right after BTC reached its ATH in December 2013.

[Shiroslullaby]

We are barely back above $600.
Price has been slow and steady recently. I do not foresee any huge jumps unless something changes.
But price could definitely be $700 by next year.

I have no idea where people get these figures from.
Its like they just run a random number generator LOL.

[amacar2]

Within 2016 i don't think $1200 is possible to reach, price may test $800 range before the end of this year. It will be over hype/speculation to predict price to get ATH within end of 2016.

[Edwardard]

Which experts say that Bitcoin will reach $1200? Can you share link to article, interview, economic forecasts or something to confirm this?
I am not talking about users who can speculate about everything and pull numbers from the space.

I know prediction of Tim Draper: https://news.bitcoin.com/2018-bitcoin-price-tim-draper-unlikely/

But I consider it very outdated and hyped as he said that right after BTC reached its ATH in December 2013.

lol. no experts can predict the price to btc. it is very unlikely that their prediction will be true. bitcoin is very fluctuating and its price goes up and down every few seconds. so even if someone, thinking himself as an expert, is predicting about the future price of btc, you should just take it as a pinch of salt. and believe me, bitcoin can go even higher than 1200$ or as low as 400$ because of its unpredictable nature. you should just take the profits what you get from the hype and dont believe on anyone's predictions. just my 2 cents!

[MFahad]

In my prediction, it is impossible that bitcoin might be reached at $1200 in this year, Because now where we are here no one see any surprise thing would be happened suddenly. But i am sure bitcoin is going to up and at least bitcoin price would be reached at $800, but only in the end of this year, So may be the next year bitcoin price might be changed.

[Wind_FURY]

With several expert Bitcoin price predictions for 2016 tapping out at $1200 the coming year will prove the worth of the digital currency once and for all. The optimistic Bit coin price predictions represent quite a turnaround from the start of 2015, when the price of bitcoin was bottoming out firm the bursting of the late 2013 bubble and the Mt, Gox meltdown. If  this happens, I will personally sign you a video of me doing  the money dance buck naked, I am sure you will be doing the same too.

Can you please post where you got these expert bitcoin price predictions and what exactly their predictions are? I would like to read them and know who the experts are. Thanks.

[Yakamoto]

With several expert Bitcoin price predictions for 2016 tapping out at $1200 the coming year will prove the worth of the digital currency once and for all. The optimistic Bit coin price predictions represent quite a turnaround from the start of 2015, when the price of bitcoin was bottoming out firm the bursting of the late 2013 bubble and the Mt, Gox meltdown. If  this happens, I will personally sign you a video of me doing  the money dance buck naked, I am sure you will be doing the same too.

They aren't expert predictions most of the time, or at least I haven't seen any predictions coming from experts that say that Bitcoin will be above $600-ish by the end of this year. The majority of people I have seen saying that Bitcoin will reach it's ATH value over the next few months have all been on this forum, and none of them really make a compelling case for their valuations.

Don't get me wrong, I'd be incredibly happy with Bitcoin hitting $1,200, but the fact of the matter is it is just incredibly unlikely.

[milewilda]

With several expert Bitcoin price predictions for 2016 tapping out at $1200 the coming year will prove the worth of the digital currency once and for all. The optimistic Bit coin price predictions represent quite a turnaround from the start of 2015, when the price of bitcoin was bottoming out firm the bursting of the late 2013 bubble and the Mt, Gox meltdown. If  this happens, I will personally sign you a video of me doing  the money dance buck naked, I am sure you will be doing the same too.

Theres  no several experts  that could really predict on the price of bitcoin since  no one knows what would happen in the future regarding to bitcoins price. All of those claims are just  speculation and theres no  exact thing  or thing that proves that it would really happen. Well there are some speculation  might be right because as you can see bitcoin price is  growing  as the years go by.

[StoreBit]

Can we for once first get to touch $700 -> $800 -> $900 -> $1000 before talking about reaching a new all time high?

It's mind boggling how easy people assume we will reach a new all time high just because the price has gone up to over $600....

we are expecting it for last few months and not for today when the price is above 600$. if we study of the bitcoin increasing trend it shows that every time it increasing percentage is too high, and as more and more people are investing their money in bitcoin and the demand of bitcoin is increasing from time to time so we can expected that the price of bitcoin will cross 1200$ very soon,

[Legasean]

There are allot of peopel telling me that the price of the bitcoin will hit the 1000 each at the end of this year but what i do know is that would never hapen not even in 10 years !

[newcoins1978]

I hope that the value of the Bitcoin is going to be $1200 soon because I really want to sell some of my Bitcoin to make some extra money.
It has been a while sins the last time that I have made some money with Bitcoin.

[dunfida]

Can we for once first get to touch $700 -> $800 -> $900 -> $1000 before talking about reaching a new all time high?

It's mind boggling how easy people assume we will reach a new all time high just because the price has gone up to over $600....

we are expecting it for last few months and not for today when the price is above 600$. if we study of the bitcoin increasing trend it shows that every time it increasing percentage is too high, and as more and more people are investing their money in bitcoin and the demand of bitcoin is increasing from time to time so we can expected that the price of bitcoin will cross 1200$ very soon,

Hope so that it would  definitely reach that price but still we should not forget that we wont know  on what would be the future since  bitcoins price movement  is to volatile and  there are lots of factors that could affect it  which causes  to low its price like hacking incidents, selling more bitcoins, etc.

[Denker]

In my prediction, it is impossible that bitcoin might be reached at $1200 in this year, Because now where we are here no one see any surprise thing would be happened suddenly. But i am sure bitcoin is going to up and at least bitcoin price would be reached at $800, but only in the end of this year, So may be the next year bitcoin price might be changed.

Looks like some other analysts are having a different point of view than you.
http://bitcoinist.net/bitcoin-technical-levels-rally/

Bitcoin Back to Technical Levels, Expect Huge Rally to $1200 Soon

After a longer than expected lateral sideways movement, traders have finally pushed the bitcoin market into a recovery, allowing the price to return to the technical quote level.

There are no visible resistance levels that can stop this upward climb until we reach $820. Volume indicators reflect that big players have already taken positions to allow this rally to happen, so the rise to $800 and beyond should be smooth.

This upward movement suggests the start of a new technical cycle. If that’s true, we can expect the bitcoin price to start a longer-term growth trajectory to prices near $1800. We predict that these price levels will be reached by the end of the year.

Mathematical indicators have exposed big differences between this past lateral movement and the synchronicity lag, suggesting that a large rally to $1200 and beyond may hit the market much sooner than expected.

Fundamentals and political factors could promote the climb for the rest of the year, as a consensus regarding a nascent, global bitcoin economy emerges.

I would say let's just wait and see what happens.
I'm pretty optimistic we could see some larger movements this year.However if it will be enough to reach the $1000 or even hiher I don't know. But I'm sure it's going to be fun!

[Altcoinmoney]

Lol there are so many people predicting bull shit and you all know that if we want to hit that amount at the end of this year the price needs to double from now and i can tell you that wont happen.

[adibe]

I think it's because the last big news, the halving. Many people have a big expectation about the price of bitcoin because the bitcoins price is increase up to 2 times because the halving and many people predict it can be $1200 in the end of 2016.

[Red-Apple]

i bet you anything that at least half the people saying $1000, $1200 is great and we will hold and be rich then, blah balah and all those good things, all of them will sell their coins as soon as there is a $100 rise and a slow down.

for example if price goes up to $700 and stops (slows down) they will all dump because of panic.

[gentlemand]

An army of Bitcoin experts predicted $3000 and more for 2014 back in the day. It didn't quite pan out that way. I don't know if the will's there for a $1200 rise but some cool things are on the horizon anyway.

[satdas]

most of the people have good expectation from bitcoin, it was expected the the price of bitcoin will cross 1000 in september and then at the end of 2016 the price of bitcoin will corss 1200 USD lever, but the bitfinex issue slow done the price of bitcoin but still people have good expectation from bitcoin.

[MaritiJames3]

With several expert Bitcoin price predictions for 2016 tapping out at $1200 the coming year will prove the worth of the digital currency once and for all. The optimistic Bit coin price predictions represent quite a turnaround from the start of 2015, when the price of bitcoin was bottoming out firm the bursting of the late 2013 bubble and the Mt, Gox meltdown. If  this happens, I will personally sign you a video of me doing  the money dance buck naked, I am sure you will be doing the same too.

I really hope that the Bitcoin price can reach $1200 this year because of that happens I will some of my Bitcoin without a doubt.
Does anybody know when of 2016 this is going to happen or is the price not going to rise at all?

[DeathAngel]

I don't think $1200 is likely in 2016, we only have what....4 months for that to happen. It's a possibility in 2017 but I just can't see us getting a new ATH this year any way. $800 is a better, more realistic target to hope for by the turn of the year.

[safari88]

I don't think $1200 is likely in 2016, we only have what....4 months for that to happen. It's a possibility in 2017 but I just can't see us getting a new ATH this year any way. $800 is a better, more realistic target to hope for by the turn of the year.

4 months likely to reach $1200, you can see the year 2013 when prices reached $1200 even less than 4 months. should it be realistic to achieve, because the development of bitcoin now is much better than the previous year. so let's look at the price movement of each month, whether it is able to achieve the increase in $100/month. if yes $1000 can be reach at the end of the year.

[adibe]

I think it's because the halving. The halving makes a huge increase on the price of bitcoin up to 2x and because of that 2016 is become the year of bitcoin and many people still speculate the price of bitcoin can reach $1200 in 2016 and i'm not sure the price of bitcoin will be $1200 at 2016.

[lemipawa]

Reason why predictions for 2016 reached to a 1,000 level is simply because someone coined the idea that halving will have a huge effect in Bitcoin rate while the outcome after Bitcoin is not even felt. Whats more remarkable that happened this year is the security breach that hits bitfinex not only onve but twice.

[outatime1]

Nobody knows what the price will be next year. I'm sure there are all ranges of predictions from a drop in price to big gain in price. My guess is that it will be an overall steady increase with a few peaks and valleys along the way.

[BlackPanda]

I think many argue that bitcoin price movements will be very fast this year. such as halving the impact, but in reality the price today is very stable. I am still optimistic bitcoin price increase could be above 1000 USD.

[jakelyson]

I hope that the value of the Bitcoin is going to be $1200 soon because I really want to sell some of my Bitcoin to make some extra money.
It has been a while sins the last time that I have made some money with Bitcoin.

If the price reach 1200 this year, then consider it as a bubble and everyone will be selling, causing the price to come down again to 600 below. Well, you should grab that opportunity to sell but until then it is still time to collect bitcoin and hold. I do not think it can reach that price this year but anything can happen in bitcoin.

[StoreBit]

I hope that the value of the Bitcoin is going to be $1200 soon because I really want to sell some of my Bitcoin to make some extra money.
It has been a while sins the last time that I have made some money with Bitcoin.

i think you should wait some time ans you will see the price of bitcoin above 1200$. i am hopeful that the price of bitcoin will really cross the 1200$ level at the this year or just after starting of the next year.

[AsaroUk]

This was because of the halving that was coming back in the days, the only fact is that it never unwrapped so good so that is a pity, really hoping on such prices.
If this prices will ever come this year I will instantly sell my bitcoins but I do not see this happen this year..

[Leonard2016]

This was because of the halving that was coming back in the days, the only fact is that it never unwrapped so good so that is a pity, really hoping on such prices.
If this prices will ever come this year I will instantly sell my bitcoins but I do not see this happen this year..

only time will tell so we have to only wait and see what will happen but since bitcoin price has reached $1200 before in the history then it is still possible to get there or at least get close to that price sooner or later.

and also bitcoin is worth a lot more that this if it is adopted.

[pooya87]

With several expert Bitcoin price predictions for 2016 tapping out at $1200 the coming year will prove the worth of the digital currency once and for all. The optimistic Bit coin price predictions represent quite a turnaround from the start of 2015, when the price of bitcoin was bottoming out firm the bursting of the late 2013 bubble and the Mt, Gox meltdown. If  this happens, I will personally sign you a video of me doing  the money dance buck naked, I am sure you will be doing the same too.

most of the $1200 prediction for bitcoin price comes from hopeless holders who think they will be rich and they say $1200 because it is the only price they have seen before for bitcoin.
but real predictions range from $800 to $4000 and i call real predictions to those that have some real prediction in their comment with some analysis and some work on the charts not a random comment with nothing to offer.

[xeqoRameshAxueamExaqana]

i think in 2016 bitcoin price still under 1000 dollar every one bitcoin

[hawkins]

if many are predicting that the price of bitcoin at the end of 2016 will be higher and will reach a price of $ 1200, maybe they're right. although the price of bitcoin has not been stable but I also feel that this year the price of bitcoin will rise high, even many users bitcoin have a greater effect say that, well, we just need to wait until that time comes, and if it does not go up to $ 1200, at least bitcoin prices would definitely go up at the end of this year

[btccashacc]

With several expert Bitcoin price predictions for 2016 tapping out at $1200 the coming year will prove the worth of the digital currency once and for all. The optimistic Bit coin price predictions represent quite a turnaround from the start of 2015, when the price of bitcoin was bottoming out firm the bursting of the late 2013 bubble and the Mt, Gox meltdown. If  this happens, I will personally sign you a video of me doing  the money dance buck naked, I am sure you will be doing the same too.

most of the $1200 prediction for bitcoin price comes from hopeless holders who think they will be rich and they say $1200 because it is the only price they have seen before for bitcoin.
but real predictions range from $800 to $4000 and i call real predictions to those that have some real prediction in their comment with some analysis and some work on the charts not a random comment with nothing to offer.

interesting, i might agree with you the bitcoin price should be 4k dollars each. However i really like if the price is stable than going up then down instantly,by the way i can't predict the future but i feel like that bitcoin's price would not touch 1k dollars by the end of year, 600-700s dollar maybe hoping i will be wrong.

[nealvanessa990]

I think bitcoin will be wake up from a long sleep, it may be at the end of this year bitcoin prices could reach $800-$1000 and the beginning of 2017 could hearch $1200.$1200 not possible to reach this year.we have to wait for next year to reach that range.

[Maesters1-]

as in previous dasy the price of bitcoin was really effected by the bitfinex hacking, which fell down the price of bitcoin to a very low level and then the price of bitcoin was trading for such long time in a low price as now the price start raising so people expect it will also recover the previous position and in this respect the price of bitcoin is expecting to trade above 1200USD level.

[sishendaoye]

I hope that the value of the Bitcoin can reach $1200 at the and of 2016 because I am ready to make some money by selling some Bitcoin.
But is not sure if the price is going to rise agin in 2016 so I do not want to get my hopes up for this.

[DomesticTrader]

Well the bitcoin price was so high because of the halving that would be so good and great but this was not the point.
People thought and said the bitcoin halving would be so good that it would hit the 1000 dollar again....

[RoommateAgreement]

I hope that the value of the Bitcoin can reach $1200 at the and of 2016 because I am ready to make some money by selling some Bitcoin.
But is not sure if the price is going to rise agin in 2016 so I do not want to get my hopes up for this.

we all hope that price  goes that high once again in the very near future and i think bitcoin has the potential of going there very soon.

but the reason why the speculations are ranging only as high as $1200 is that people are more realistic now and bitcoin movement is also more realistic so you can't expect a 1 million dollar price anymore.

[veleten]

every single year we hear predictions about btc price to hit >1000$ ,sometimes even 2-3k $ level
but what we saw was 200$ low just a few months ago,followed by the >700$ peak and 600$ stabilisation
predictions are just speculations without anything to back them up,what you need is ANALYSIS which is prediction based on trends,events basically metrologically correct data ,something that can be measured
you cannot just say:"I think bitcoin would cost 1000$ because I want it to be so."
one also has to consider the so called "black swan" event(s)
(if you heaven't read Black Swan by Nassim Taleb yet,I would strongly encourage you to read it asap)
i.e. sudden global market collapse,blockchain hidden vulnerability discovered,war,new,better,crypto currency introduced and so on and so forth
with the amount of globalisation of the world we are living in  any event could have huge impact
and the price could go either way

[social crypto coin]

iam diference about op write
my prediction price bitcoin in 2016 still under 1000 dollar
this now price bitcoin 600dollar i thin is very dificult is price bitcoin over 1000dollar
not big news can wave price market

[SilverPunk]

With several expert Bitcoin price predictions for 2016 tapping out at $1200 the coming year will prove the worth of the digital currency once and for all. The optimistic Bit coin price predictions represent quite a turnaround from the start of 2015, when the price of bitcoin was bottoming out firm the bursting of the late 2013 bubble and the Mt, Gox meltdown. If  this happens, I will personally sign you a video of me doing  the money dance buck naked, I am sure you will be doing the same too.

most of the $1200 prediction for bitcoin price comes from hopeless holders who think they will be rich and they say $1200 because it is the only price they have seen before for bitcoin.
but real predictions range from $800 to $4000 and i call real predictions to those that have some real prediction in their comment with some analysis and some work on the charts not a random comment with nothing to offer.

interesting, i might agree with you the bitcoin price should be 4k dollars each. However i really like if the price is stable than going up then down instantly,by the way i can't predict the future but i feel like that bitcoin's price would not touch 1k dollars by the end of year, 600-700s dollar maybe hoping i will be wrong.

600 - 800 will be the range of the price of bitcoin before it ends the year But if it will be on$1000 i will be shock! Really shock because something it is impossible to happen haha but nothing is impossible we cant say that because 2016 is the year of bitcoin so what if?

[jerowacik]

I do not quite believe that prices will reach 1200 USD bitcoin. The maximum possible price movements bitcoin is 800 USD in 2016. and 1200 USD will be achieved in 2017. I am very confident and optimistic it will happen.

[Oralmat]

With several expert Bitcoin price predictions for 2016 tapping out at $1200 the coming year will prove the worth of the digital currency once and for all. The optimistic Bit coin price predictions represent quite a turnaround from the start of 2015, when the price of bitcoin was bottoming out firm the bursting of the late 2013 bubble and the Mt, Gox meltdown. If  this happens, I will personally sign you a video of me doing  the money dance buck naked, I am sure you will be doing the same too.

most of the $1200 prediction for bitcoin price comes from hopeless holders who think they will be rich and they say $1200 because it is the only price they have seen before for bitcoin.
but real predictions range from $800 to $4000 and i call real predictions to those that have some real prediction in their comment with some analysis and some work on the charts not a random comment with nothing to offer.

interesting, i might agree with you the bitcoin price should be 4k dollars each. However i really like if the price is stable than going up then down instantly,by the way i can't predict the future but i feel like that bitcoin's price would not touch 1k dollars by the end of year, 600-700s dollar maybe hoping i will be wrong.

600 - 800 will be the range of the price of bitcoin before it ends the year But if it will be on$1000 i will be shock! Really shock because something it is impossible to happen haha but nothing is impossible we cant say that because 2016 is the year of bitcoin so what if?

Exactly, now in the end of the year, bitcoin might be possible come between $600 to $800, but before $800 it is impossible talk, because we should see the reality, Even i want to say that we are lucky if bitcoin would be cross at $800, because within 3 months bitcoin still stop in $580 to $613.  

[senyorito123]

With several expert Bitcoin price predictions for 2016 tapping out at $1200 the coming year will prove the worth of the digital currency once and for all. The optimistic Bit coin price predictions represent quite a turnaround from the start of 2015, when the price of bitcoin was bottoming out firm the bursting of the late 2013 bubble and the Mt, Gox meltdown. If  this happens, I will personally sign you a video of me doing  the money dance buck naked, I am sure you will be doing the same too.

most of the $1200 prediction for bitcoin price comes from hopeless holders who think they will be rich and they say $1200 because it is the only price they have seen before for bitcoin.
but real predictions range from $800 to $4000 and i call real predictions to those that have some real prediction in their comment with some analysis and some work on the charts not a random comment with nothing to offer.

interesting, i might agree with you the bitcoin price should be 4k dollars each. However i really like if the price is stable than going up then down instantly,by the way i can't predict the future but i feel like that bitcoin's price would not touch 1k dollars by the end of year, 600-700s dollar maybe hoping i will be wrong.

600 - 800 will be the range of the price of bitcoin before it ends the year But if it will be on$1000 i will be shock! Really shock because something it is impossible to happen haha but nothing is impossible we cant say that because 2016 is the year of bitcoin so what if?

800$ is quite decent prediction for the end of the year and that is easily to be reached if people would continue their works and still buyed some coins to stake and for the they will rise up the demand and make the price stretch, and also the provabilities of the price to reach 1000$ in this year or on next year has a high chance to be happen since it was listed on history that price really got in that far and i think it will happen again for another time if the good will let it happen.

[iqlimasyadiqa]

I am not sure bitcoin could to touch the number 1200 USD. Now effect halving yet to be felt. when it should bitcoin prices could rise higher. market may bitcoin economy is still not very good, there are still many people who are not confident in using bitcoin.

[Newcoins2020]

I am not sure bitcoin could to touch the number 1200 USD. Now effect halving yet to be felt. when it should bitcoin prices could rise higher. market may bitcoin economy is still not very good, there are still many people who are not confident in using bitcoin.

You are right but people had this number in their mind because of the halving that was taken place this year, a lot of people thought it would rise to a high number and that the bitcoin would be very profitable.

[serjent05]

I am not sure bitcoin could to touch the number 1200 USD. Now effect halving yet to be felt. when it should bitcoin prices could rise higher. market may bitcoin economy is still not very good, there are still many people who are not confident in using bitcoin.

I dont think that bitcoin will touch 1200 USD even with Segwit coming in, maybe because of more matured investors  and traders unlike  its first bubble last 2013.  At this point I  think bitcoin is still at its correction stage but anytime soon it will mayber increase till 800 USD coz of this Segwit news.

[Galiatram]

Like the most people are already saying its just that everyone thought the halving would be great and profitable.
The bad thing about is that this never happened, what a pity.

[praprata]

I do not quite believe that prices will reach 1200 USD bitcoin. The maximum possible price movements bitcoin is 800 USD in 2016. and 1200 USD will be achieved in 2017. I am very confident and optimistic it will happen.

I'm also thinking this but I think that people where thinking this because of the fact that the halving that has took place.
If that was not here this year it would not be said, in the next year we can expect a big rise.

[Shiver]

Although I'm quite bullish and have my own simple logarithmic chart to show where I think it should be, it's a couple of months behind where I thought it would have climbed to, and am coming to acceptance that my preferred reality isn't going to be in 2016, but can see a nice jump given a little space.  There are so many people though that see BTC as an investment vehicle to get back into USD.  I hope I never have to sell a coin again, and that it will find it's footing so that when I let some depart it is for transactional reasons (buying weekly shopping or a car etc) - not for profit of a national currency which I want as little to do with as possible until people catch up.

There are of course the technical limits to deal with which will take time to prove themselves, and as a method of moving large amounts of money between continents, and with the extra proposed layers could also do the micro-transactions too.  I've invested a small amount in an  Alt, which is not meant as a currency (even though it is capable of that), but being Smart contract enabled and can fulfill a lot of the functional use beyond money, and I feel they can co-exist and can be translated between one another right now.

I had considered Ethereum at one point, but I didn't like the structure so gave it a wide berth, and then came the DAO event and changing ETH to ETC yet retaining the name of its original purpose when a minority voted and they forked, despite saying "Code is Law" (BS - the 'thief' played by the rules and the casino house reversed the action), means I'll never invest even toenail clippings in anything remotely connected to it.  They could have learned from Bitcoin in a different way - slow and steady might look antiquated, but it doesn't make the same mistakes as a 16 year old that still knows everything.

Also, having a little bit (maybe a percent or 2) of your investment in something else has quite an interesting effect on your thinking rather than being BTC only (I am still holding 99%+ of my investment in BTC at time of writing).

I do feel BTC will survive and will grow a lot - maybe not to those incredible numbers that would make billionaires out of throw aways like yesterdays losing lottery ticket.  I do think there will be some interesting peaks and troughs for some years to come (even multi-trillion markets still have that, albeit usually more slowly).  I've not forgotten about PM's either, it's just that they're a bit hard to manage for someone such as myself who travels around the world sometimes, and needs security of storage as well as no border limits (my hardware wallet is just a USB sized thing, no drama there, backed up in multiple continents with multiple assistants should I suddenly make an exit from this life - they can between them all collaborating and some effort put the pieces together and benefit when I'm gone, and not before).

I revise down my estimates though remain very bullish, I'm just coming to see that development, release candidates and confidence doesn't happen at the speed of thought like we would prefer to believe.  2017 I think will be the >$1000 year, and also maybe the >$2000 year.  I can't see the future with any clarity to say more than that other than 'in 5 to 10 it will be....'.

[serjent05]

every single year we hear predictions about btc price to hit >1000$ ,sometimes even 2-3k $ level
but what we saw was 200$ low just a few months ago,followed by the >700$ peak and 600$ stabilisation
predictions are just speculations without anything to back them up,what you need is ANALYSIS which is prediction based on trends,events basically metrologically correct data ,something that can be measured
you cannot just say:"I think bitcoin would cost 1000$ because I want it to be so."
one also has to consider the so called "black swan" event(s)
(if you heaven't read Black Swan by Nassim Taleb yet,I would strongly encourage you to read it asap)
i.e. sudden global market collapse,blockchain hidden vulnerability discovered,war,new,better,crypto currency introduced and so on and so forth
with the amount of globalisation of the world we are living in  any event could have huge impact
and the price could go either way

Speculation, and we all know this speculation can be wrong or right and it is the right of every person to speculate something but not to the extent of  harming others.  That  is why many people said that bitcoin will hit this high or  low.  Anyway I agree that these so called event that will hinder the economic affair of the world whatever it is will have a great impact but it won't be bitcoin alone but to all currency that is afffected by such event.  But assuming that all is well until the end of 2016, i still don't think that bitcoin will hit 1.2k nor 1k  usd.  The reason is that there is no  big event yet to push it to that price unless it is being manipulated and whales wanted to create another late 2013 kind of a bubble.

[satdas]

i think because of the people interest and people investment in the field of bitcoin. as more and more people are taking interest in bitcoin and they are investing their assets in bitcoin therefore it is expecting that the price of bitcoin at the end of 2016 is going to make a new all time high price record.

[Shinpako09]

They are depending that prediction on the last halving. Assuming what happen in the last halving would happen again this time. Some are even calculate higher than $1200.

[TTMNewsK]

I think it is because of the popularity of bitcoin.
As time passes by, they recognized the bitcoin as part of their lives. That's why there is no possible in the power of bitcoin.

[Angell]

I think it is because of the popularity of bitcoin.
As time passes by, they recognized the bitcoin as part of their lives. That's why there is no possible in the power of bitcoin.

It's a matter of demand, as more people get into BTC the demand rises and that is simple economics, price goes up when something is wanted.

[hawkins]

I guess it's because the price of $ 1200 is the price of a new and very high to be achieved this year. bitcoin price can not exceed the price as it was this year because the time limit would expire in a few months. and if at the end of the year prices to soar, I guess the price will not be more than $ 1,200, and it may not be stable. Well, we'll never know until it actually happens, but I predict that bitcoin prices will stabilize at a price of $ 900- $ 1,000 at the end of the year

[SANALIU]

iam diference for you say statement
i think is very dificult is in year 2016 bitcoin can up until reach 1200 dollar/one bitcoin
i think is realistic price bitcoin until end year range price is 600 - 800 dollar

[Angell]

iam diference for you say statement
i think is very dificult is in year 2016 bitcoin can up until reach 1200 dollar/one bitcoin
i think is realistic price bitcoin until end year range price is 600 - 800 dollar

Yes, you ware wright. The price can also go up if more people start using BTC. But expecting 800 dollars is realistic.

[Wind_FURY]

One month later after OP posted this thread we are still in the same price range for Bitcoin. I may have made a mistake by saying that Bitcoin might end up at under $600 by the end of the year but it is more likely that we will end up in the same price range by the end of the year. To make a statement that is on the safe side, what might happen is Bitcoin might end up being still under $650 until the end of the year and it might be a little longer than that.

But here is the good news. This new found stability is what might attract more people to invest in Bitcoin. Most of the mainstream investors value stability more because they are looking for an investment vehicle to park their funds. That is why gold is an attractive investment for them.

[icecube45]

I guess it's because the price of $ 1200 is the price of a new and very high to be achieved this year. bitcoin price can not exceed the price as it was this year because the time limit would expire in a few months. and if at the end of the year prices to soar, I guess the price will not be more than $ 1,200, and it may not be stable. Well, we'll never know until it actually happens, but I predict that bitcoin prices will stabilize at a price of $ 900- $ 1,000 at the end of the year

I believe bitcoin prices will definitely reach $ 1,200. But perhaps it will be achieved next year. Owing to raise the price of bitcoin is extremely difficult because often berfluktuasi.Saya predicted that by the end of 2016 it will reach $ 900 bitcoin.

[fatima zuhra]

yes that is a fact that prediction about bitcoin is too good, it is expecting that the price of bitcoin will easily cross 1200 USD at the end of this year 2016. i think the reason behind this is that more and more people are investing their assets in bitcoin therefore in future the demand of bitcoin will be more than supply that will increase the price of bitcoin.

[CoinsRoyal]

The price range that was set so high was simply because of the fact everyone was thinking that the halving would let us go to a next level price.
The downside is that it never happened but I'm positive and I think it will happen soon or later.

[MyBTT]

Most probably because were hoping for a clean year. No big hacks like gox and the like. And also because the halving was coming. But since Bitfinex, we've been stuck in a stable 600.

[zimmah]

after a long bear market it only makes sense that at some point the bear market would end and we would go into bull mode again and that would easily put us above $1200

but that's not happening right now, not because there isn't enough potential, but because bitcoin is being limited right now.

transaction volume is capped, but transaction volume is a major factor in price.

limit transactions = limit price.

[BrewMaster]

people around here believe what they want to believe some day they are affected by the hype and say bitcoin price will be $2000 and the other day after the price was stable they get affected by the FUD and then say price will go down and they lose hope and all this time price is stable at $600

[hawkins]

people around here believe what they want to believe some day they are affected by the hype and say bitcoin price will be $2000 and the other day after the price was stable they get affected by the FUD and then say price will go down and they lose hope and all this time price is stable at $600

Well, until now the price of bitcoin is really stable. I do not even think whether bitcoin prices will reach $ 1,200 price or not at the end of 2016 but we all hope will be the highest price, so prepare for some bitcoin was not wrong. I think the price of $ 1200 is the maximum limit for the price of bitcoin in 2016, because I think it would be very difficult bitcoin prices rose above $ 1,200 because it will be a lot of people who sell their bitcoin if the price was arrived

[Tanic]

Bitcoin already reached the point over 1000$ per 1 BTC this summer. But the story with Bitfinex hacking crushed it's grow. Now the price is going up too slow, this days it seems the price even get frozen on the same level. I doubt that bitcoin will reach 1200$ this year. Next year maybe, but this year no for sure. I think the maximum that bitcoin can show in this few months that lefts till the new year is gonna be around 700$.

[hurain]

because more and more people are accepting bitcoin and are also investing their money here therefore it is expecting that the price of bitcoin is going to reach to 1200$ at the end of this year.

[Maesters1-]

I think it is because of the popularity of bitcoin.
As time passes by, they recognized the bitcoin as part of their lives. That's why there is no possible in the power of bitcoin.

It's a matter of demand, as more people get into BTC the demand rises and that is simple economics, price goes up when something is wanted.

yes that is right to so as more and more people are entering in the world of bitcoin so they are giving good support to bitcoin therefore people are expecting that the price of bitcoin will be trading above 1200 USD in next few month or just in the start of 2016.

[kobilica]

In next 3 years or so, we can easily expect 1200$ price as a normal price (halving)

[sbtctalk]

The only reason why BTC prices go down is due to - hack incidents at exchanges, that will cause a price crash. Strangely, who will gain from this? #Conspiracytheory

[CoinFoxs]

2 months are remaining and then 2017 will start so I dont think so that price of bitcoin will reach 1200$, because it is almost double amount that is going right now. I would say that the price will be in between 800$ to 900$ at the end of this year.

[NewInCryptoCurrency]

The fact is that people thought the bitcoin would go to a higher amount due to the halving that was incoming back in the days, at the end it never really did a lot for us with that price but that is the reason in the overall.

[Doms]

Everytime the price starts to make some noticeable movements, all these predictions start coming out. Expectations are rising and more people are becoming interested and suddenly are buying again. The volume yesterday can be compared to that of two months ago when the price was recovering from a knee jerk reaction to the bitfinex hacking incident.

[akosipepot]

Everytime the price starts to make some noticeable movements, all these predictions start coming out. Expectations are rising and more people are becoming interested and suddenly are buying again. The volume yesterday can be compared to that of two months ago when the price was recovering from a knee jerk reaction to the bitfinex hacking incident.

This is correct.all expert in speculation will come out and try to predict what will the outcome of the price of bitcoin but suddenly not all speculators are correct or hit the speculating price of the bitcoin.Bitcoin movement is just like sports example basketball.the more speculator say's that one team will win, people are so much interested to place bet on that team because it strong then suddenly  in the end they loose.for me not always trust the speculation perhaps better study the movement of the bitcoin and then try to analyse what will be the next price

[martinacar]

No idea why they would predict that high of a price but those "professional predicters" are just a bunch of amateurs aswell
I THINK highest we will be seeing this year is going to be 700$ nothing more that's already difficult to rich imo.

[Galiatram]

This was purely because of the halving that was coming, everyone was thinking that it would hit a very nice price but at the end it never did this..
Its not a very bad thing but also not a great thing that every came up these year.

[n691309]

It was predicted that bitcoin price for this year will go up to 1.2k but that didnt happened until now so i think that for this year the maximum price that bitcoin can go is 700-800 USD, everything can happen but I'm based on the latest trend this year until now.

[sempak]

opportunities are likely to occur. but I think only the most high bitcoin prices will range in the range of 800 USD. My prediction that the price of bitcoin will rise gradually until the end of 2016.

[alnoor1231]

People are praying for a value that high haha

[hawkins]

Well, bitcoin users already have always prayed about bitcoin price increases. especially if they are holding bitcoin is very much in their wallet. perhaps because they had heard that the price of bitcoin will rise to $ 1,000 at the end of the year, so many people are starting to buy bitcoin until today. however, the price of bitcoin is not likely to pass on the price of $ 1,200 this year, because most likely the bitcoin price stability will be very difficult to go up when the price of bitcoin has reached the price of $ 1,000 this year

[praprata]

Most of the value is predicted by people who have not much experience in trading, so taking their advice is not very smart.
If you want a realistic prediction you must find market prediction guru's with authority and make sense of their analysis. But let me tell you that is very hard because there are many imposters around.

[jaweria khan]

to me as bitcoin users are increasing on daily basis therefore it is also expecting that the price of bitcoin can raise such a high price just at the end of the 2016$.

[DRaGoN RaNTaRo]

It might still reach $1200 as predicted in 2016,if you look at the charts by November it has the ability to reach the maximum attainable value and many will book their profits by December well in time for Christmas.

[Hoor]

i think it may be because the number of bitcoin users is increasing continuously and therefore the demand of bitcoin is also increasing and that is the reason that the prediction about the price of bitocin is as high as 1200 USD.

[SANALIU]

Iam never prediction bitcoin price can up 1200 dollar in year 2016
my prediction bitcoin price in year 2016 only 800 dollar in every one bitcoin
in end year i think bitcoin price 800 dollar can reach

[Piltover]

This was because of the fact that the halving was coming and it would be great but later on it never really let the price raised to a very high amount, that is the simple reason.

[praprata]

With several expert Bitcoin price predictions for 2016 tapping out at $1200 the coming year will prove the worth of the digital currency once and for all. The optimistic Bit coin price predictions represent quite a turnaround from the start of 2015, when the price of bitcoin was bottoming out firm the bursting of the late 2013 bubble and the Mt, Gox meltdown. If  this happens, I will personally sign you a video of me doing  the money dance buck naked, I am sure you will be doing the same too.

I also want this to happen but I do not think that it is going to happen with in 2016 because it does not seem like the price is going to rise any time soon.
I think that the chance is bigger that the Bitcoin will rise again with in 2017.

[5thangel]

More than half of bitcoiners believe the price of their favourite digital currency going to grow more and more  and will get over 1k... so do i 

[anama]

People are praying for a value that high haha

if profesional trader
bitcoin up and down is no problem, is take profit can use margin trading
but is hunter bitcoin is want bitcoin price incraese is high
because is covert in fiat money is can get big

[DRaGoN RaNTaRo]

People are praying for a value that high haha

if profesional trader
bitcoin up and down is no problem, is take profit can use margin trading
but is hunter bitcoin is want bitcoin price incraese is high
because is covert in fiat money is can get big

to be frank i did not understand what you just meant!!! did you mean traders have a good time when there is a constant movement of price if it is so yes it is true,traders like the price bubble either way ,we can still expect the rise, i did not understand what you meant by fiat money get big.

[Superbitzz]

because more and more people are entering in the field of bitcoin.they are investing their money here which really increase the demand therefore it is expecting that the price of bitcoin as too high as 1200 USD.

[sempak]

because at this time the development of bitcoin prices are very high. more and more users bitcoin. bitcoin is currently located at 630USD price range. and there are still many possibilities until the end of 2016. This will be one year in which prices rise very high bitcoin.

[OrangeII]

I predict that the price of $ 1200 is a very high price for the year, in fact I think that bitcoin will not reach such a high price this year, perhaps the highest price for bitcoin this year is approximately $ 1,000. but I just think that $ 1,200 is the limit the increase for this year, and it is even very difficult to achieve, because it will probably happen in the next year

[Lokfar]

The price was very high ranged this year because of the fact that the halving was going on these days.
The halving never really was good this year so the prices never been reached.

[Doms]

Every time the price shoots up a bit, people become more optimistic and adjusts their predictions / expectations accordingly. When the price reached almost $800 a few months ago, many thought that we are going to touch $1000 in no time. Of course, we all know that the opposite happened and the price has even went down as low as $500 before stabilizing at the $600 levels.

[jossiel]

I think why people are predicting that the price will reach up to $1,2000 is because the halving did happened for this year.

And many people are thinking that is possible that it will happen before the end of the year but I think they are becoming wrong with it.

Because the price as of today is ranging $620-$640+ and I think that is impossible to reach to $1,200 before new years eve.

[Kotone]

This won't really happened anymore bitcoin price rightnow is $620 dollar plus and there are no posibility that bitcoin price will increase that fast like what happen before that bitcoin price really dicrease instantly when the year bitcoin price is $1000 dollars but if this happen after the year ends then be thankful.

[Zadicar]

This won't really happened anymore bitcoin price rightnow is $620 dollar plus and there are no posibility that bitcoin price will increase that fast like what happen before that bitcoin price really dicrease instantly when the year bitcoin price is $1000 dollars but if this happen after the year ends then be thankful.

As  you said it wont really happen now because   the price  of bitcoin as of todays tends to  go lower again and  hopefully it would not drop   even more because  many  bitcoin holders  would surely dont  like to  see that price is decreasing.  Lets wait  on what would happen next.

[Snorek]

Since than ATH price spike, when bitcoin briefly reached Gold Parity on 29 November 2013, every next year is a year of experts saying that Bitcoin will reach new high soon.
If you read what experts were saying in 2014 - for example famous prediction of Tim Draper - that Bitcoin will reach 10k before 2017. It is unlikely to happen.

https://news.bitcoin.com/2018-bitcoin-price-tim-draper-unlikely/

[23dzmaz]

I think it's because the halving. The halving on 2016 makes the price of bitcoin increase so high, i think that's why many people predict the price will keep increase up to $1200.

[romero121]

I think it's because the halving. The halving on 2016 makes the price of bitcoin increase so high, i think that's why many people predict the price will keep increase up to $1200.

As described in the above quote, because of halving most of the users considered 2016 to be the year of bitcoin. With this in mind most predicted the price to be over $1000. Fortunately it didn't happen and every year end price increase happens. Though halving is over, but its the year of bitcoin users continue to make predictions of price over $1200 and more.

[bitlancr]

I do not think that the bitcoin is going to be able to reach that with in 2016 because tat would mean that the price would have to rise any time soon now.
I hope a bit that it happens because I have been waiting for something like this to finally happen.

[piloder]

The price was very high ranged this year because of the fact that the halving was going on these days.
The halving never really was good this year so the prices never been reached.

It is quite well known by now that price will not reach 1200 usd by end of this year however talking about effect of halving over price, i think it will require few more months or even a year to see after halving effects. But price may reach $700 before coming January.

[rektDude]

This was indeed because of the halving but I think that we still can expect a good price in the nearby future.
At the end of the year the bitcoin always is going up last years so that is a good thing.

[xIIImaL]

This was indeed because of the halving but I think that we still can expect a good price in the nearby future.
At the end of the year the bitcoin always is going up last years so that is a good thing.

Right! This much price expectation due to halving effect and end of this we have christmas and new year price pump as well. Then mining reduction of the bitcoins into half in this halving. So we are expecting bitcoin price due to supply and demand as well.

[NordicRanger]

What people already are saying is true, it was simply because of the halving if this year that never really made this price.
Lets hope that that next halving will be much better.

[SvenBomvolen]

   I'm not some professional, as I can notice bitcoin can explode in any second and price can go up and down for couple hundred dollars in hours. This scenario is seen before, and what happened before can happen again, my point.
   Price is for a long time around 600 bucks, maybe bitcoins accumulated enough energy for for price to go toward 1000 $, after halving we didn't see that rise that is expected, october was vood for bitcoin, some good things happened. Now price to rise and everyone will be happy.

[DRaGoN RaNTaRo]

Every time the price shoots up a bit, people become more optimistic and adjusts their predictions / expectations accordingly. When the price reached almost $800 a few months ago, many thought that we are going to touch $1000 in no time. Of course, we all know that the opposite happened and the price has even went down as low as $500 before stabilizing at the $600 levels.

people change their views and become more optimistic and change the predictions and expectation of bitcoin with a change in price is called "forming of a theory conjecture without firm evidence" in short speculation  it may or may not influence the market.

[bitcoinmasterlord]

because more and more people are entering in the field of bitcoin.they are investing their money here which really increase the demand therefore it is expecting that the price of bitcoin as too high as 1200 USD.

Prices may high even higher than 1200 but I don't think it can happen in 2016. If it happens also then surely it will come back to even lower price than current price because any such movement in short period is not stable. So I believe in only slow and steady movements instead sudden price jumps. But those sudden jumps may help traders.

[ArdiPrabowo]

The price was very high ranged this year because of the fact that the halving was going on these days.
The halving never really was good this year so the prices never been reached.

iam agree, is every in end year bitcoin price can up in high
but i think is op write is over optimis and confidence
if bitcoin in 2016 can up until reach 1200 dollar,
i think in end year 2016 bitcoin price is only 800 dollar

[Oilacris]

The price was very high ranged this year because of the fact that the halving was going on these days.
The halving never really was good this year so the prices never been reached.

iam agree, is every in end year bitcoin price can up in high
but i think is op write is over optimis and confidence
if bitcoin in 2016 can up until reach 1200 dollar,
i think in end year 2016 bitcoin price is only 800 dollar

$1200 price of bitcoin in the year  end of 2016 would  be impossible  for me  because  look at the current price of bitcoin , we are on  the last quarter  of 2016  and yet the  price of bitcoin is  still $630+ and  sometimes it decreases   on some days thats  why i could really say it wont reach that  price point  anytime soon.

[J Gambler]

We are almost at year 2017 and nothing has change if the prediction in bitcoin in this year that the price of bitcoin will be range at that high price then it should be at $800 for now but i think that's really imposible to happen if you guy's going to change the prediction be accurate char.--

[Fatamorgana]

We are almost at year 2017 and nothing has change if the prediction in bitcoin in this year that the price of bitcoin will be range at that high price then it should be at $800 for now but i think that's really imposible to happen if you guy's going to change the prediction be accurate char.--

I still optimistic than in last year 2016 prices will reach $850 or more. Before price still under $1000 its good time to buy bitcoin. Not reach $1200 for me is good because i still new know bitcoin and not late to buying bitcoin

[J Gambler]

We are almost at year 2017 and nothing has change if the prediction in bitcoin in this year that the price of bitcoin will be range at that high price then it should be at $800 for now but i think that's really imposible to happen if you guy's going to change the prediction be accurate char.--

I still optimistic than in last year 2016 prices will reach $850 or more. Before price still under $1000 its good time to buy bitcoin. Not reach $1200 for me is good because i still new know bitcoin and not late to buying bitcoin

Then by bitcoin why the price is cheaper as you said , And if you really wanted to involved bitcoin into your life you should read some of the topics regarding on bitcoin and trading articles and investment that you really need to to grow your money with bitcoin if bitcoin will reach that prediction then it's really good for us.

[satdas]

The price was very high ranged this year because of the fact that the halving was going on these days.
The halving never really was good this year so the prices never been reached.

iam agree, is every in end year bitcoin price can up in high
but i think is op write is over optimis and confidence
if bitcoin in 2016 can up until reach 1200 dollar,
i think in end year 2016 bitcoin price is only 800 dollar

$1200 price of bitcoin in the year  end of 2016 would  be impossible  for me  because  look at the current price of bitcoin , we are on  the last quarter  of 2016  and yet the  price of bitcoin is  still $630+ and  sometimes it decreases   on some days thats  why i could really say it wont reach that  price point  anytime soon.

i think nothing is impossible in this world, and the second is that if you remember that just in 11 days the price increase to all time high price, so it is really possible for the price of bitcoin bitcoin to cross the all time high price at the end of this year 2016 or just at in th starting months of 2017.