Bitcoin prices could leap to $2000 in 2017?

[sherbaz07]

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?

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[franky1]

have a dart board. put different $$ on it and throw a dart.
then make an article using the exact words about economic stimulus..quoting the random number you hit

in short no one knows what the price will be. but anything can/could affect the price.

the thing is even if bitcoin hit lets say $2000.. trump could cripple the dollar where $2000 ends up only buying you a round of beers for 5 people
which means not so helpful for the buying power of bitcoin to get much in goods/beer

[DooMAD]

Someone's posted an article referencing this in the Press subforum, so you can discuss the article itself there.  I also wouldn't be surprised if someone was discussing the same thing on the Speculation board as well, which is where all the price-related chat should be going.  [/backseatmod]

[TrueCryptonaire]

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.

[chaser15]

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?

Forecast isn't mean to happen always. And I see that even the factors you mentioned based on the article you read can't take the bitcoin price into it's new ATH or around $2000 mark next year.

Bottom line,it will depend on people's response whatever the trend that will happen next year. Even with the biggest news that can affect the price, if people will not take response to it then no big price movement will happen.

[xIIImaL]

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?

Forecast isn't mean to happen always. And I see that even the factors you mentioned based on the article you read can't take the bitcoin price into it's new ATH or around $2000 mark next year.

Bottom line,it will depend on people's response whatever the trend that will happen next year. Even with the biggest news that can affect the price, if people will not take response to it then no big price movement will happen.

What kind of news you think it can affect bitcoin. I think when the time it reaches Christmas price will be move to some high value and it used to stand by for 3 months. This only use to happen by every year. I do not think 2000$.

[n691309]

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?

There should be another strong fact that could lead them to think that bitcoin price can grow up to $2000 in 2017, there are lots of speculation but without some facts these are useless, a good factor is if bitcoin is being accepted in popular websites where people spend their money.

[hawkins]

we will not know until then, but I guess possible if bitcoin prices will rise to $ 2000 in 2017. Well, if the price of bitcoin really be $ 1000 or even more in June or July 2017, it can be ascertained that bitcoin allow priced $ 2,000 at the end of 2017

[chesatochi]

we will not know until then, but I guess possible if bitcoin prices will rise to $ 2000 in 2017. Well, if the price of bitcoin really be $ 1000 or even more in June or July 2017, it can be ascertained that bitcoin allow priced $ 2,000 at the end of 2017

If the price could reach 2000 USD in 2017, should be a nice investment to make and buy some bitcoins right now. But, I don't think it will reach that amount, I think it could reach more the 1000$ USD mark and then probably stabilize for some time.

Always hard to guess the valuation in the future

[GOT7]

Yes 2017 i think the chances are high bitcoin will be around $2000.

[Kevin77]

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?

There should be another strong fact that could lead them to think that bitcoin price can grow up to $2000 in 2017, there are lots of speculation but without some facts these are useless, a good factor is if bitcoin is being accepted in popular websites where people spend their money.

Yes, OP is just talking about saxo bank's speculations and there are no supporting points for those speculations.

With respect to current stable prices of bitcoins, I also believe there could be many surprises in upcoming month but without massive adoptions by market giants any new high levels too may get dumped.

[BitcoinNewsMagazine]

Bitcoin prices have a habit of following Fibonacci retracements and projections. Based on BTC-e weekly swing high and low if the ATH is taken out $1340 and $1660 are important levels to watch (you can be sure traders will)



For China watch 9900 and 12000 at OKCoin:

[bitbunnny]

It's hard to say what price will Bitcoin achieve in 2017 and how the market will react. Even if this predictions were true I'm not sure that Trump and his politics could influence the Bitcoin price in some significant way. This price is possible and we would all like to see Bitcoin touching it but politics will not help us with that.

[OrangeII]

It's hard to say what price will Bitcoin achieve in 2017 and how the market will react. Even if this predictions were true I'm not sure that Trump and his politics could influence the Bitcoin price in some significant way. This price is possible and we would all like to see Bitcoin touching it but politics will not help us with that.

Well, you're right. very hard if we say the price of $ 2,000 occurred in 2017, maybe it could happen, but it is very difficult. maybe we need halving the row in order to achieve a price of $ 2000, or investors who invest a lot of their money into bitcoin. Well, I just hope bitcoin prices could reach $ 1,500 in 2017, but let's hope that bitcoin prices could reach $ 2,000.

[BrewMaster]

-snipped-

that would have only been true and a valid speculation if bitcoin was rising (specially in the charts that you have included here) based on real supply and demand. these charts for example are the $1000 pump that was a fake pump by mtgox you should not include it in the speculation.

[pooya87]

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?

bitcoin has gone up big in the past too. in the last year for example there have been at least 108% rise and it was similar in the year before the last. so that part is correct and you can conclude that it is possible to rise another 100% in the following year. but again any price above $1000 is uncharted area that has never happened and i believe it needs some real adoption in order to go to prices that high.

[jtipt]

we will not know until then, but I guess possible if bitcoin prices will rise to $ 2000 in 2017. Well, if the price of bitcoin really be $ 1000 or even more in June or July 2017, it can be ascertained that bitcoin allow priced $ 2,000 at the end of 2017

Im expecting $1000 by beginning of 2017 i think it would be reached easily by March or April. Yeah I think we can see 2000 by end of 2017 if there isn't any down trend after reaching the $1000 mark.

[rezilient]

we will not know until then, but I guess possible if bitcoin prices will rise to $ 2000 in 2017. Well, if the price of bitcoin really be $ 1000 or even more in June or July 2017, it can be ascertained that bitcoin allow priced $ 2,000 at the end of 2017

Im expecting $1000 by beginning of 2017 i think it would be reached easily by March or April. Yeah I think we can see 2000 by end of 2017 if there isn't any down trend after reaching the $1000 mark.

It looks like it is moving to that now, i think early 2017, Jan we may have $1000+ per BTC but we'll see. $2000 would be nice but unlikely imh.

[Goruno]

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?

you are a very positive man. I think it will be at 1000+ in next year and I never think that it would be 2000 in the year of 2017.

[jtipt]

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?

you are a very positive man. I think it will be at 1000+ in next year and I never think that it would be 2000 in the year of 2017.

Why not? We have seen bitcoin double in the last year, it was at around $250 in July 2015 and reached $600 this July, so why cannot this happen next year too. If bitcoin reaches $1000 in beginning of the year then yes sure by the end of year i would be expecting it close to $2000