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Author Topic: When do we cross the 1000 USD barrier?  (Read 9453 times)
BrewMaster
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November 09, 2016, 04:27:57 AM
 #61

The train is leaving the station. Even though it is a bumpy track, we are accelerating!

The big question is: when to cross the magic 1000 USD barrier?

My guess: 3rd of December 2016



with bitcoin you can never be certain about these things, it is all a vague speculation of the future that may or may not even come true. but based on the past and the way price has been rising i think the closest bet would be mid 2017 for $1000 price.

There is a FOMO brewing...
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BitcoinPanther
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November 09, 2016, 06:52:29 AM
 #62

as i suspected bitcoin price is not ready for $1000 yet. and it is not ready to go down either as we can see a good resistance is forming up to keep bitcoin price in $700+ range.

so to answer your question, although bitcoin is always unpredictable but you have to think at least mid 2017 for any price around $1000

I agree that at this point Bitcoin Price is not ready for $1000 but the road will pave its way.  With Segwit, if successful will make bitcoin transactions easier and even implementing smart contracts in it.  This may hasten people adoption and with a couple more updates may make bitcoin price to more than $1000 even before mid 2017 .
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November 09, 2016, 07:33:26 AM
 #63

If the price of bitcoin does not go down, probably in early 2017 the price of bitcoin will reach 1,000 USD. Current bitcoin prices continue to

rise and if it survives certainly will easily reach 1,000 USD. But I'm sure there will be times where the price of bitcoin has always been stable

and even decreased a few times, it was reasonable for the fluctuations. But to take the price of bitcoin will reach 1,000 USD.
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November 09, 2016, 07:41:36 AM
 #64

If the price of bitcoin does not go down, probably in early 2017 the price of bitcoin will reach 1,000 USD.

Price not going down doesn't exist. Before we even reach the $1000 level, I wouldn't be surprised to see another bit of FUD popping up taking the price down significantly. Or perhaps we'll see another exchange supposedly getting hacked. You can wait for it to happen.

Current bitcoin prices continue to rise and if it survives certainly will easily reach 1,000 USD. But I'm sure there will be times where the price of bitcoin has always been stable and even decreased a few times, it was reasonable for the fluctuations. But to take the price of bitcoin will reach 1,000 USD.

You should not worry about the price remaining stable. The main thing that people (except traders) here worry about, is that the price starts tanking and stays in a downward spiral for a certain amount of time. Especially when you consider that we have been going up non stop for nearly 2 years in a row. Look at the charts. This can't continue endlessly.
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November 09, 2016, 08:12:24 AM
 #65

If the price of bitcoin does not go down, probably in early 2017 the price of bitcoin will reach 1,000 USD. Current bitcoin prices continue to

rise and if it survives certainly will easily reach 1,000 USD. But I'm sure there will be times where the price of bitcoin has always been stable

and even decreased a few times, it was reasonable for the fluctuations. But to take the price of bitcoin will reach 1,000 USD.

I agree.
If nothing unexpected happens, Q2 2017 could be an time horizon for us to see the $1000 back again.
But right now there are still 7 weeks to go in this year.Would be nice to touch the 800 range.Even if it is just for a very short moment.That would be an extremely bullish sign to continue the rally we had this whole year, except the finex drop.
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November 11, 2016, 09:42:18 AM
 #66

For me $1000  barrier will never gonna happen this year because the price of bitcoin will not rise so easily. It doesnt even reache the $900 barrier and right now we are still at $700 barrier and trying to reach $800. I hope next year the $1000 a piece will happen. Im just going to hold my bitcoin for now.
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November 11, 2016, 11:19:41 AM
 #67

For me $1000  barrier will never gonna happen this year because the price of bitcoin will not rise so easily. It doesnt even reache the $900 barrier and right now we are still at $700 barrier and trying to reach $800. I hope next year the $1000 a piece will happen. Im just going to hold my bitcoin for now.


I think this price pump will reach to 1000$ plus in the next year itself. As we find so adoption for bitcoin everyday. This is  easy to achieve in the year. Before end of this year itself value will move to 850$ for sure as like every Christmas pump.q
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November 11, 2016, 12:01:29 PM
 #68

This year does not look realistic. Q2 or Q3 next year or any major development that could trigger a one-time jump.
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November 11, 2016, 12:28:00 PM
 #69

My guess would be around late 2019. Why would it before ? Considering that the current price is a pump, we're at around 650$ for real. Near doubling the price will take 3 years easily.

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November 11, 2016, 01:59:28 PM
 #70

Once Bitcoin can scale, be it via larger blocks or second layer networks.

HODLing for the longest time. Skippin fast right around the moon. On a rocketship straight to mars.
Up, up and away with my beautiful, my beautiful Bitcoin~
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November 11, 2016, 02:51:38 PM
 #71

My guess would be around late 2019. Why would it before ? Considering that the current price is a pump, we're at around 650$ for real. Near doubling the price will take 3 years easily.

Which of the current price is a pump?  I don't think it is.  Bitcoin had gone up and down and been corrected .  I think the new floor now is  700 USD  since it stay within this range.  As for the 1000 USD, I think it will happen in mid 2017.  Unless something bad happen to several exhanges of bitcoin else, bitcoin is doing good.

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hawkins
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November 11, 2016, 06:07:36 PM
 #72

My guess would be around late 2019. Why would it before ? Considering that the current price is a pump, we're at around 650$ for real. Near doubling the price will take 3 years easily.
I think 2019 is too long for the price of $ 1000, but there was nothing impossible. even today it is very difficult to penetrate the barrier $ 750, I think that the price of $ 1,000 will be reached in August 2017, and as early as January 2017, maybe it was too fast, but bitcoin is a currency that has rise faster than in the the other, so it is very possible
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November 11, 2016, 07:41:29 PM
 #73

By last of this year 2016, we would definitely cross $1000.If Bitfinex had not already happened, by this time we would have crossed $1000.But Bitcoin has gained recovery from the effect of that incident.
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November 11, 2016, 08:53:13 PM
 #74

By last of this year 2016, we would definitely cross $1000.If Bitfinex had not already happened, by this time we would have crossed $1000.But Bitcoin has gained recovery from the effect of that incident.

Nope. Whether Bitfinex is hacked or continued normally, the price was due for a serious correction after all the hype around the block halving. Look at the current price, we are in a very good position right now. My main goal at this point is to maintain solid support levels where the price remains above $700 for the rest of this year. $1000 is not on my target list this year. Maybe next year if nothing seriously bad is happening.
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November 11, 2016, 10:18:22 PM
 #75

By last of this year 2016, we would definitely cross $1000.If Bitfinex had not already happened, by this time we would have crossed $1000.But Bitcoin has gained recovery from the effect of that incident.

Nope. Whether Bitfinex is hacked or continued normally, the price was due for a serious correction after all the hype around the block halving. Look at the current price, we are in a very good position right now. My main goal at this point is to maintain solid support levels where the price remains above $700 for the rest of this year. $1000 is not on my target list this year. Maybe next year if nothing seriously bad is happening.


Actually your right its very difficult to reach for that level since i think people will still sell if they think thEy earned enough, and 700$+ is quitely high enough for us to earn some huge profits from our different ventures nor profits of staking, i don't have any goal at this moment but to see my wallet keep bumped by profits well thats totally ok to me, let see if  1000$ will be achieve next year onwards the great rally is happening and hope it will not compromised by some certain bad events.

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November 12, 2016, 04:41:22 AM
 #76

My guess would be around late 2019. Why would it before ? Considering that the current price is a pump, we're at around 650$ for real. Near doubling the price will take 3 years easily.
I think 2019 is too long for the price of $ 1000, but there was nothing impossible. even today it is very difficult to penetrate the barrier $ 750, I think that the price of $ 1,000 will be reached in August 2017, and as early as January 2017, maybe it was too fast, but bitcoin is a currency that has rise faster than in the the other, so it is very possible

I agree and hopefully next year we will be at $1000+. I am very optimistic of these, as more projects are launching next year that will propel the bitcoin price. One of it  I think is MegaUpload?

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November 12, 2016, 12:02:54 PM
 #77

The train is leaving the station. Even though it is a bumpy track, we are accelerating!

The big question is: when to cross the magic 1000 USD barrier?

My guess: 3rd of December 2016


Only few days left and i don't think 1000 usd can be reachable within this short period of time due to lots of fuds going on regarding chinese government recently and also US elections have make it even harder to predict the price move.
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November 12, 2016, 03:59:44 PM
 #78

My prediction is March 2017. France is having it's elections and may leave the euro.

Bitcoin has been tied up with the crisis in the eurozone - Greece, Cyprus, and now France and Italy. And that is because a CURRENCY is at stake, the euro. In the US the dollar isn't under threat at all, so it is a bystander in the bitcoin story.

 
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November 12, 2016, 05:42:31 PM
 #79

March 2017 looks good. It will be sooner than expected. We are now stablishing 700 as new floor. It's only 300 dollars away. Bitcoin can go up 300 dollars in a matter of hours, so it can be anytime now, but it will take a couple more months, for the segwit situation to solve itself. We will see how the blg blockers give up and admit defeat, and we will have segwit activated and this will translate in high price.
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November 12, 2016, 10:44:18 PM
 #80

March 2017 looks good. It will be sooner than expected. We are now stablishing 700 as new floor. It's only 300 dollars away. Bitcoin can go up 300 dollars in a matter of hours, so it can be anytime now, but it will take a couple more months, for the segwit situation to solve itself. We will see how the blg blockers give up and admit defeat, and we will have segwit activated and this will translate in high price.
Yup that price is possible to achieve at any point of time now, but may be it will reach there somewhere in the mid of the next year as it won't be that easy to achieve that milestone by the end of the year and may be we will see the price of $800 by the end of this year but not anything above that.


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