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Question: What do you think the price of the Bitcoin will be at the end of 2017?
Less than the current value - 7 (5.7%)
Will not change - 3 (2.5%)
Current Value - $1000 - 32 (26.2%)
$1000-$2500 - 58 (47.5%)
$2500-$5000 - 12 (9.8%)
$5000+ - 10 (8.2%)
Total Voters: 122

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Author Topic: Bitcoin 2017 Predictions  (Read 7624 times)
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December 05, 2016, 09:46:33 PM
 #61

There are many nearly to the reality predictions. Many things has happened this year, begin from bitfinex hack, main and important - halving and etc but it's price is nearly 750$. Many people are interested in mining, which isn't so profitable anymore and while many people are atracted and small number of bitcoin is mined, it will be logical if we'll see it's price nearly 1000$ or a little bit higher.

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December 05, 2016, 11:06:10 PM
 #62

Bitcoin price this 2017 could range  to 1000-1300$ becuase of the increase of demand a lot of new users will be entering this 2017.  We need another 4 years for bitcoin to go 2000$,and that is when another halving occur.
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December 06, 2016, 03:55:55 AM
 #63

Well, 2016 is the great year for bitcoin so far. Especially after the halving one. For 2017, i don't know about that, but i think the price of bitcoin will back to normal at 2017, because in this christmas, the price will increase so high in my opinion.


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December 06, 2016, 04:29:15 AM
 #64

Bitcoin price this 2017 could range  to 1000-1300$ becuase of the increase of demand a lot of new users will be entering this 2017.  We need another 4 years for bitcoin to go 2000$,and that is when another halving occur.

if in 2017 there are many adoption from people, then we don't need 4 years for bitcoin to go $2000, because the supply for the bitcoin is reduce but the demand is high and this will give impact for the price will be go up.
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December 06, 2016, 04:54:47 AM
 #65

Bitcoin price this 2017 could range  to 1000-1300$ becuase of the increase of demand a lot of new users will be entering this 2017.  We need another 4 years for bitcoin to go 2000$,and that is when another halving occur.

if in 2017 there are many adoption from people, then we don't need 4 years for bitcoin to go $2000, because the supply for the bitcoin is reduce but the demand is high and this will give impact for the price will be go up.

Supply is as is, not reduced nor has been added. It's just that coins are distributed well to different persons worldwide.

Also for how much adoption does it need for bitcoin price to reached $2000 and why 4 years is the expected period for bitcoin price to go $2000? You mean the next halving. Not a good basis or reference though. Also while adoption is increasing, expect also some increase of usage hence the price will become balanced, moderate to average pump and dump.

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December 06, 2016, 05:53:20 AM
 #66

Bitcoin price this 2017 could range  to 1000-1300$ becuase of the increase of demand a lot of new users will be entering this 2017.  We need another 4 years for bitcoin to go 2000$,and that is when another halving occur.
If you predict the price could reach $1300 dollar during 2017 then you do not need to wait for four long years to see $2000 and if we look back you could see that the price was around $300 a year back and now it has risen to this level thanks to major economic restrictions from the government and lack of other investment opportunity.

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December 06, 2016, 06:12:10 AM
 #67

Bitcoin price this 2017 could range  to 1000-1300$ becuase of the increase of demand a lot of new users will be entering this 2017.  We need another 4 years for bitcoin to go 2000$,and that is when another halving occur.

if in 2017 there are many adoption from people, then we don't need 4 years for bitcoin to go $2000, because the supply for the bitcoin is reduce but the demand is high and this will give impact for the price will be go up.
Yes that is the basic design of bitcoin supply system. There will be no stable/constant supply but at the same time the adoption rate of bitcoins is keep on increasing every day. So both supply and demand are supporting towards huge price levels. (Usually for other commodities either apply or demand will be same and only one factor will be changing at the time).
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December 06, 2016, 07:06:48 AM
Last edit: December 06, 2016, 07:26:39 AM by bitebits
 #68

You guys have no understanding what bitcoin is if you think, in this unstable financial environment that bitcoin would be less than $3000 is beyond me.

Everybody just spews their prediction with no REASON behind it..

Look Price is determined by Supply and Demand.
Demand is determined by CAPITAL FLOWS from competing markets.

Do you guys realize how small $11 Billion is in terms of financial markets? Honestly?

Apple (1 company) is worth $600 Billion dollars.  Paypal ( a completely crap system) is worth $50 Billion and it's totally proprietary.

There is a total of $365 Trillion in world markets including real estate.

Bitcoin is THE ONLY SYSTEM ON PLANET EARTH that is decentralized and trust-less.

Just as a store of Wealth it competes with Gold a $7 Trillion dollar market cap.

The odds of a market cap <$35 Billion next year is LOW..

So take ( $35-$45 Billion / 16 Million ) and this is WORSE CASE SCENARIO price of bitcoin by end of 2017.

If seqwit and LN and a moderate 2mb on chain solution is reached by q1 ro q2 next year this figure will tripple.

I don't want to be rude but I'm a bit miffed at the lack of understanding of Capital Markets and the nature of Bitcoin as an efficient competitor to these markets.

Hope I didn't offend but in my honest opinion you guys should really understand the ramifications of what Bitcoin really is and can do.

During almost it's entire childhood of eight years Bitcoin has beaten down, humiliated and declared dead countless times. Against all odds it is still around and walking though, and finally seems to be picking up some pace (mainly not referring to it's current price).

Now your arguments are the same that are made by people from the very first hour. Bitcoin has an almost Unlimited potential on so many different levels, you almost get dizzy trying to grasp it.

Now for some is hard to look beyond this very rough childhood of Bitcoin, while others are therefore very bullish. If it only gets traction in 1% of just one of these markets..

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December 06, 2016, 08:21:24 AM
 #69

There are many nearly to the reality predictions. Many things has happened this year, begin from bitfinex hack, main and important - halving and etc but it's price is nearly 750$. Many people are interested in mining, which isn't so profitable anymore and while many people are atracted and small number of bitcoin is mined, it will be logical if we'll see it's price nearly 1000$ or a little bit higher.

Even when things look logical and are very likely to happen, then still there is a fairly significant chance that it will not happen. It's a market that is being controlled by a few very wealthy entities operating from several exchanges at the same time. If they want us to slowly glide into a long lasting bear market, then it happens. If they want to push the price to +$1000 levels, it will happen as well. We move in their desired direction as a bunch of sheeps and feed ourself with the crumbs left by them.
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December 06, 2016, 11:16:33 AM
 #70

Bitcoin will be trading at a very high price indeed and i always think that the price is too high even now but the trend says otherwise and i do expect the price range will be between $650 to $1000 in the year 2017 .
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December 06, 2016, 12:58:15 PM
 #71

Every single price prediction poll in bitcointalk.org has been WRONG, 100% of the time.


So look at the most popular choices and rule them out because it is definitely not happening

That's because people are either gamblers expecting insanely high price levels, or they are just troll voting. Polls here should never be seen as some sort of an indicator or prediction. Funny is that people are loud when their prediction is close to the reality, but at the time they are wrong (which mostly is the case), you don't hear anything from them anymore. Like it never happened. Tongue
This would be the exception though! Lot more people from different countries are sick and tied of their national currencies and you know bitcoin is the only international currency that is outside the manipulation of any one government and so provides a reliable alternative or safe haven for people to turn to for safety. That is already the situation in a number of countries and as the awareness and adoption grows, that translates to increase in demand for bitcoin, basic economics would do the rest and over $1000 per BTC won't be a big deal afterall.
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December 06, 2016, 02:48:39 PM
 #72

Bitcoin is going to reach 1000$ point constantly. I think in this case it will be again some dangerous of hacking attack on some wallets or exchangers and that will affect on bitcoin price and make it fall down. In any case such danger will be forever and if we skip that on the point of 1000$ it will happen on the higher point with more sure percent.
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December 06, 2016, 04:25:29 PM
 #73

1000+ is an easy target since we are already very near it. This will definitely happen unless another exchange gets hack or shuts down without warning.
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December 06, 2016, 04:40:43 PM
 #74

1000+ is an easy target since we are already very near it. This will definitely happen unless another exchange gets hack or shuts down without warning.
This is more easy to reach this coming 2017 that the price will hit above 1k value but there is no assurance that the price will continues to increase.. and i think we are just seeing that the price is increase every time there is new adoption or developer release.. like segwit and 20 stores locally in paris are accepting bitcoin as payment.. and some schools are now accepting bitcoin as payment..
So if there another adoption release the price will increase again more..
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December 06, 2016, 05:25:12 PM
 #75

perhaps, the highest price achieved bitcoin in 2017 was $ 1,500. well, that is a high price. but, I think they need to fight big for investors to be able to wait bitcoin prices could reach that price. in fact, they will start to buy bitcoin in large numbers so that when it happens, they can sell their bitcoin


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December 06, 2016, 07:14:30 PM
 #76

perhaps, the highest price achieved bitcoin in 2017 was $ 1,500. well, that is a high price. but, I think they need to fight big for investors to be able to wait bitcoin prices could reach that price. in fact, they will start to buy bitcoin in large numbers so that when it happens, they can sell their bitcoin
Most probably your predictions will go wrong as once bitcoin will be testing it ATH price levels then it will start attracting more number of new investors as it will be getting more media coverage. Only till getting some initial trigger, it is the problem for bitcoin prices to reach big levels, if it gets then no one will be able to stop it.
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December 07, 2016, 03:13:36 AM
 #77

Its hard to say what the price is gonna be but I think that it will be around the 1000 dollar, most likely it will be stable around that time and stay on that price too.
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December 07, 2016, 12:41:18 PM
 #78

I just read something interesting on http://www.cnbc.com/2016/12/07/bitcoin-price-could-rise-to-2000-in-2017-driven-by-trump-policies-us-dollar-inflation-rocketing.html

Quote
The price of Bitcoin could hit more than $2,000 in 2017 driven by expectations that U.S. President-elect Donald Trump may introduce economic stimulus policies, which could send inflation soaring and propel the dollar to record highs, a report from Saxo Bank claims.

Bitcoin is currently trading around $754.51, according to CoinDesk data. A handle of over $2,000 would represent 165 percent appreciation.

According to this we could see bitcoin sky high to 2k with no sweet, if everything that New elected US president think he can do and accomplish.
For us only remains to bee seen what will 2017 bring us.



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December 07, 2016, 12:57:01 PM
 #79

I predict that the price of bitcoin will be up to 1000 USD. bitcoin prices continue to rise steadily, some people will benefit greatly from holding bitcoin. traders will feast in 2017.  Grin
Anyone want bitcoin to be up or increase into this price? Is the bitcoin for you guy's really matter? How if bitcoin in 2017 will fall ? and it will go back into price of $500? Are you guy's going to cry ? Or be mad? don't lost hope and continue to support bitcoin it will be a good currency in june 2017 i swear.
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December 07, 2016, 04:31:26 PM
 #80

Below 1000 is very unlikely, I'd say the minimum that we'd be at is 1500 next year, without any significant driving factors that'll make the price go up.

why? if there are no inspirations to go up why would the price double from here? there's no particular reason why it shouldn't be $500 by then if nothing changes.
If nothing changes than the price should not change and stay still at $750, but we all already know that current price has good increases due to more people and merchants investing on bitcoin, I mean bitcoin become more famous now. If nothing bad happens than bitcoin could reach around $750-1000 in the next year.
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