Bitcoin prices could leap to $2000 in 2017?

[Usuadog]

At this point, I would actually believe the price could hit $2k by the END of 2017.
Price is going up fast, but to double at this point after we already had a huge jump would require some big news.
If we had some big service start accepting Bitcoin, or some huge financial change it might be possible, but I doubt natural growth would hit $2000.

I think it is more likely between $1500 to $1800. $2000 is more than the double of the price, difficult to reach.

[1714752039]

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[1714752039]

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[Taki]

At this point, I would actually believe the price could hit $2k by the END of 2017.
Price is going up fast, but to double at this point after we already had a huge jump would require some big news.
If we had some big service start accepting Bitcoin, or some huge financial change it might be possible, but I doubt natural growth would hit $2000.

Price is going up so fast that I expect to see bitcoin cost 2000$ in a month already, in the case if the price will continue to grow with the same temp. Bitcoin is just amazing thing that helps to many of us to become a little bit more richer.

[Red John]

It is already hit almost 1000$, I think BTC will hit the 2k in 2017

[xIIImaL]

It is already hit almost 1000$, I think BTC will hit the 2k in 2017

This year price doubled because of halving effect, but next year it would not possible big pump. It have a chance to reach 1300$ at most according to me. I think we can some good adoption to get into bitcoin in upcoming years.

[uki]

At this point, I would actually believe the price could hit $2k by the END of 2017.
Price is going up fast, but to double at this point after we already had a huge jump would require some big news.
If we had some big service start accepting Bitcoin, or some huge financial change it might be possible, but I doubt natural growth would hit $2000.

Wait till the correction starts, to see where we are. It is definitely too early at this point to make any educated guess on where Bitcoin would sit at the end of 2017.

[novemberwoah]

Yes many are predicting bitcoin prices in 2017 will increase rapidly. Many experts have predicted that if the price of bitcoin will increase in 2017. Even Daniel Masters, multi-million dollar bitcoin hedge fund, predicts that bitcoin will hit $ 4,400 by the end of 2017. Masters believes that bitcoin adoption will continue to increase, and more companies will accept it as payment. increased adoption of this would encourage investment in technology blockchain.

[The_prodigy]

Today i went through an article published on a website claiming that a report published by a Denmark-based Saxo bank has forecasted the bitcoin price to leap upto 165% or $2000 in 2017 beacause of economic stimulus and aggressive fiscal spendings by Newly elected U.S President Donald Trump. What does you guys think?

This is ridiculous but i don't expect this kind of price bitcoin will not be over that price in year 2017 i know because it will be set a new record once the price of bitcoin will be hit on that price. If donald trump will use bitcoin for economy then bitcoin will be in demand and they will be needing more bitcoin then there are chance that bitcoin will be increase.

[akasma]

Today i went through an article published on a website claiming that a report published by a Denmark-based Saxo bank has forecasted the bitcoin price to leap upto 165% or $2000 in 2017 beacause of economic stimulus and aggressive fiscal spendings by Newly elected U.S President Donald Trump. What does you guys think?

I think so but it will reaches this level in middle year .

[kryptqnick]

Wow! Is Trump really making some difference ?
Anyway, I think that theoretically the price can rise up to $2000 but it is not very likely to happen. I guess when the price will go some repressions by the governments will occur. I mean, some influential countries can all buy some btc and thus start controlling the price is they act together. Or some people will start to panic because of some stuff. Or, they'll just need the money to spend on daily needs and thus the price won't become more than $1100.

[aardvark15]

I just don't see that happening, but with the pump we are having right now, anything is possible. I think we will still see the price drop some if it goes that high.

[uki]

Yes many are predicting bitcoin prices in 2017 will increase rapidly. Many experts have predicted that if the price of bitcoin will increase in 2017. Even Daniel Masters, multi-million dollar bitcoin hedge fund, predicts that bitcoin will hit $ 4,400 by the end of 2017. Masters believes that bitcoin adoption will continue to increase, and more companies will accept it as payment. increased adoption of this would encourage investment in technology blockchain.

Ok, but if blockchain technology is attractive by itself that doesn't mean that automatically Bitcoin's price would increase. How about a scenario in which there are completely new coins created by the companies in question to back their blockchain-based businesses?

[BigBos]

I just don't see that happening, but with the pump we are having right now, anything is possible. I think we will still see the price drop some if it goes that high.

yes, I also do not see that it's possible, but I guess you're right. anything can happen on bitcoin, even if the price to $ 2000 in 2017 that it might happen if a lot of the economic crisis in the world, or more large transactions that occur using bitcoin.

[The Sceptical Chymist]

A month or two ago, I would have said such a thought as $2000 is crazy-thinking.  Now...not so sure.  I was kinda hoping for a somewhat slower rise than we've had, but I'm not complaining.  We're at $910 right now, which is pretty damn good.  The market is going to do what it's going to do--I just hope if we get to $2000 it's sustainable.

[AlexM]

If bitcoin will break ATH I think it will peak much higher than 2000 usd.
My guess (without any hard facts backing) is the peak will be somewhere around 3000-5000 usd but the peak of 2000 usd is unlikely as well as above 5000 usd. On the other hand, 2017 could be a repitition of 2013 and the price rises to 5000 usd in the spring season and towards December 2017 it can rise towards 10 000 usd.
Given how gradual the rise is currently it will take a few months before it breaks ATH and once that has happened there the gamblers screaming about 1000 000 usd/btc. When that is the case it is a good time to sell some coins to them.

Great advice. I keep banging on about the fact that Bitcoin should already be at $2000. The eco systems are all good enough to support that price now or even a month or 2 ago. The investors have been there for a while and the price is still nowhere near there. I think it will take another 17 months but... it shouldn't and there is no reason why $3000-$5000 cant happen... nor $10,000 but I doubt either will happen.

Wake me up in 5 years time when we are in a dip and we have reached a low of $5000.

[uki]

A month or two ago, I would have said such a thought as $2000 is crazy-thinking.  Now...not so sure.  I was kinda hoping for a somewhat slower rise than we've had, but I'm not complaining.  We're at $910 right now, which is pretty damn good.  The market is going to do what it's going to do--I just hope if we get to $2000 it's sustainable.

$2000 is still crazy-thinking, as nothing has changed fundamentally. We have a crazy pump right now, no doubt about it, but that doesn't affect the fundamental situation. The current price is already well above the current fundamentals, the pump will be over at some point and then we will have correction. Let's see first how low it will go, before resuming further rise, to make any educated guess.

[Ahab_Hunter_of_BearWhale]

2k is nothing. When mainstream gets a whiff things are going to move fast. 8-10 - 20k for next big run, which we may be on the cusp of. If BTC is adopted sees mass adoption 50k-100k coins minimum, 1mill a posibility. Software moves super fast and adoption cycles are occuring at faster paces. How long did it take a payment app like Venmo to gain large mkt oenetration? 7 months to a year? Silicon valley is finally realizing thier heads have been up thier rears, the value is directly investable in actual publicaly distributed ledger protocols. Lightning and network upgrades need to come pronto, free mkt will likely take care of expanding out BTC functionality/capabilities through sidechains. Variable go blocksizes, like XVC has, should have been implemented yesterday.

[Ahab_Hunter_of_BearWhale]

Yes many are predicting bitcoin prices in 2017 will increase rapidly. Many experts have predicted that if the price of bitcoin will increase in 2017. Even Daniel Masters, multi-million dollar bitcoin hedge fund, predicts that bitcoin will hit $ 4,400 by the end of 2017. Masters believes that bitcoin adoption will continue to increase, and more companies will accept it as payment. increased adoption of this would encourage investment in technology blockchain.

Ok, but if blockchain technology is attractive by itself that doesn't mean that automatically Bitcoin's price would increase. How about a scenario in which there are completely new coins created by the companies in question to back their blockchain-based businesses?

That has actually been ongoing in the altcoins scene for the last few years, I've been following and investing there with interest however while there certainly are talented individuals, companies and coins worth putting some money into in my opinion, no other coin quite establishes trust as firmly and conclusively as Bitcoin does, it is the new digital standard of trust if you will that other coins can add thier own capabilities to. As time goes on coins look like an evolutionary tree through time, many rise, many go away/extinct, positive adaptions/changes/capabilities are made and added.

[uki]

Yes many are predicting bitcoin prices in 2017 will increase rapidly. Many experts have predicted that if the price of bitcoin will increase in 2017. Even Daniel Masters, multi-million dollar bitcoin hedge fund, predicts that bitcoin will hit $ 4,400 by the end of 2017. Masters believes that bitcoin adoption will continue to increase, and more companies will accept it as payment. increased adoption of this would encourage investment in technology blockchain.

Ok, but if blockchain technology is attractive by itself that doesn't mean that automatically Bitcoin's price would increase. How about a scenario in which there are completely new coins created by the companies in question to back their blockchain-based businesses?

That has actually been ongoing in the altcoins scene for the last few years, I've been following and investing there with interest however while there certainly are talented individuals, companies and coins worth putting some money into in my opinion, no other coin quite establishes trust as firmly and conclusively as Bitcoin does, it is the new digital standard of trust if you will that other coins can add thier own capabilities to. As time goes on coins look like an evolutionary tree through time, many rise, many go away/extinct, positive adaptions/changes/capabilities are made and added.

It is about the sentiment that has changed considerably in the last two three years. There were many innovative coins meanwhile, but there was no interest from the bigger markets. Now, we talk about the interest from the insurance companies, or alike, and they are capable to set up new coin and establish the trust needed. I think it would be much easier to set it up from scratch rather to try to buy back a coin owned by whales, with 75%+ of all coins already mined.

[soros017]

I just don't see that happening, but with the pump we are having right now, anything is possible. I think we will still see the price drop some if it goes that high.

At first, I thought that the idea of $ 2000 per Bitcoin in 2017 was just hype, but then I realized it's more than that. First of all, there is real demand for Bitcoin, with an economy growing around it, we also have the effect of halving, and a series of events that can help the price next year, such as segwit (if activated, of course), lightning network, Bitcoin ETFs and several applications.

[serje]

Well this might be considered fud but I think that the price will rise a lot (maybe more than 2000$) after Kim dotcom will release his new megaupload 2.0 bitcache project