Bitcoin Price Prediction 2017

[chrishaiden66]

In 2017, we might see major elevations in the bitcoin price. The analysts are already predicting a staggering rise of more than 165% in the bitcoin price which means it might go beyond the $2000 mark in the near future. The impending “Spending Binge” might prove to be a major catalyst in appreciating the price of bitcoin in coming months.

In addition to that, the augmenting value of dollar against yuan might be yet another factor to drive the BTC price to unimaginable heights. During the last 3-4 months, the value of dollar has risen by 4% against Yuan and during the exact same period, there was a 21% incline in the BTC price. Seeing these trends, it seems quite obvious that the two might have a close relation with one another and if the dollar tends to rise against Yuan, then the bitcoin price as well, is likely to rise further.

After years of volatility, the Bitcoin price forecast is finally on an upward trek through 2017 and beyond. In just five years, the Bitcoin price (BTC price) rose from a few cents to over $1,000, which should give you some sense as to how much money early investors made. But don?t worry, our Bitcoin price prediction 2017 shows that there is still more room to the upside.

[Xester]

In 2017, we might see major elevations in the bitcoin price. The analysts are already predicting a staggering rise of more than 165% in the bitcoin price which means it might go beyond the $2000 mark in the near future. The impending “Spending Binge” might prove to be a major catalyst in appreciating the price of bitcoin in coming months.

In addition to that, the augmenting value of dollar against yuan might be yet another factor to drive the BTC price to unimaginable heights. During the last 3-4 months, the value of dollar has risen by 4% against Yuan and during the exact same period, there was a 21% incline in the BTC price. Seeing these trends, it seems quite obvious that the two might have a close relation with one another and if the dollar tends to rise against Yuan, then the bitcoin price as well, is likely to rise further.

After years of volatility, the Bitcoin price forecast is finally on an upward trek through 2017 and beyond. In just five years, the Bitcoin price (BTC price) rose from a few cents to over $1,000, which should give you some sense as to how much money early investors made. But don?t worry, our Bitcoin price prediction 2017 shows that there is still more room to the upside.

The bitcoin price prediction going to 2000 dollars was somehow damaged due to miner problems. The conflict between miners has caused the price of bitcoin to deflate and went down below 1000 dollars. Due to this UASF was born in order to turn over the power from the miners to the economic players. With this the players are going to decide on what kind of changes will be accepted and applied to bitcoin. This time with UASF around we can finally hit 2000 dollars by the end of this year.

[OmegaStarScream]

Unless we put the Bitcoin Unlimited, SegWit, Lightning network debates behind us, we are not going anywhere and the price will never reach anything above 1300$ (which is the ATH). If we assume that all of that would be solved by the end of the year then I'm very optimistic that we could reach 2000$  If not more without any struggle.

[SONG GEET]

If we assume that all of that would be solved by the end of the year then I'm very optimistic that we could reach 2000$  If not more without any struggle.

Actually i don't think debate on block size will be over within this year or by anytime in future. There will be always some sort of debate because people have different preferences and personal agenda.

Talking about bitcoin price, i think it will stall between $1300 to $1500 by end of this year. Support level is quite strong at $1000 but there is also lots of sell wall at ATH price.

[gentlemand]

Actually i don't think debate on block size will be over within this year or by anytime in future. There will be always some sort of debate because people have different preferences and personal agenda.

One protocol increase, no matter what it is, would break the never ending deadlock. If it can happen once with success then that sets a precedent for the future. There'll still be whining of course but it'll be far less venomous when people see that it actually can happen.

I think that's the only thing that'll spark a real run. It wouldn't be much to do with actual increased utility, more that a future path can be decided upon and brought to life. I'm not holding my breath though.

[2double0]

If Hard Fork takes place and/or so does BU, I don't see a chance for Bitcoins to be spiking over till that margin near $2000, because people would then split all their money in both the currencies seeing opportunities of earning through BU also. But if no hard fork is ever done (which I personally pray that it shouldn't take place at all), then it is fixed for BTC to mark up to there.

[amacar2]

If Hard Fork takes place and/or so does BU, I don't see a chance for Bitcoins to be spiking over till that margin near $2000, because people would then split all their money in both the currencies seeing opportunities of earning through BU also.

You can take ETH split/hard fork as an example for how even after hard fork coin can survive and actually can get pumped hard..

When network will split people will dump all their free coin with less support while keeping coin in healthy chain. After few months of pump and dump, minority coin will die and the one which will have major community support will live forever.

[Karpeles]

If Hard Fork takes place and/or so does BU, I don't see a chance for Bitcoins to be spiking over till that margin near $2000, because people would then split all their money in both the currencies seeing opportunities of earning through BU also.

You can take ETH split/hard fork as an example for how even after hard fork coin can survive and actually can get pumped hard..

When network will split people will dump all their free coin with less support while keeping coin in healthy chain. After few months of pump and dump, minority coin will die and the one which will have major community support will live forever.

but Ether was a still born at the time of the hard fork, with few usage outside exchange, and no billions of dollars invested in mining hardware and whole business based on Bitcoin

Bitcoin may survive a hard fork, but would be traumatic and some people would lose

[york780]

If Hard Fork takes place and/or so does BU, I don't see a chance for Bitcoins to be spiking over till that margin near $2000, because people would then split all their money in both the currencies seeing opportunities of earning through BU also.

You can take ETH split/hard fork as an example for how even after hard fork coin can survive and actually can get pumped hard..

When network will split people will dump all their free coin with less support while keeping coin in healthy chain. After few months of pump and dump, minority coin will die and the one which will have major community support will live forever.

but Ether was a still born at the time of the hard fork, with few usage outside exchange, and no billions of dollars invested in mining hardware and whole business based on Bitcoin

Bitcoin may survive a hard fork, but would be traumatic and some people would lose

I would probobly jump of a bridge or a builing when a fork happens. I will losemy whole retirementfund 
Anyway a fork wont happen i guess.

[richardsNY]

My believe in Bitcoin has always been solid, and that has not changed even though the fear of a potential hard fork has come to play lately. If I look at 2017 from a realistic point of view, then I can't really see the price climb up much higher than current all time high, but that shouldn't come as a surprise due to the uncertainties regarding the scaling aspect. In order to realize the next level of growth, Bitcoin must scale. If not, then we'll most likely keep hovering between $900-$1300 (give or take $20-$30) for the rest of this year.

[royalfestus]

The arguments seem more to dollar value with yuan, and the chinese government has done so much to put us where we are now. We just need a news that will distract the so called leadership of the entity. I cant blame the SEC/ETF decision on disapproval, this are part of the problems, a decentralized control. It didn't take them a month before the crack split. If it continues this way in next 3 months, am afraid people and exchanges will try to reconsider their decisions. It may not be implemented but it will be an obvious re-positioning.

[hase0278]

I think by this coming months bitcoin would be stable at price ranges 900$-1300$ and will move up and down between these price range. After that there will be two possible outcomes. It will either be a dump to below 900$ which is very likely to happen if there will be a news that will bring price down to that price. If not, The other possible outcome is a pump to above 1300$ which I think won't happen unless the debate between Bitcoin Unlimited and Segwit is resolved.

[Wind_FURY]

I think by this coming months bitcoin would be stable at price ranges 900$-1300$ and will move up and down between these price range. After that there will be two possible outcomes. It will either be a dump to below 900$ which is very likely to happen if there will be a news that will bring price down to that price. If not, The other possible outcome is a pump to above 1300$ which I think won't happen unless the debate between Bitcoin Unlimited and Segwit is resolved.

I have exactly the same sentiment as you. The scaling debate between Core and Bitcoin Unlimited could go on longer than we anticipate. This is not a problem that will be solved in 2 or 3 months, this problem might last more than a year in my opinion with the reluctance shown by the mining pools and miners in what implementation to support. In the mean time some group will keep spamming the network making confirmations take longer than usual.

[Dimelord]

There are lots of predictions about bitcoin price in 2017.Rise in US interest rates,japan accepting bitcoin as payment method and a lot of global factors could create an increase in bitcoin price.Most of the experts predict that bitcoin's price would be $2000 by the end of 2017.

[royalfestus]

There are lots of predictions about bitcoin price in 2017.Rise in US interest rates,japan accepting bitcoin as payment method and a lot of global factors could create an increase in bitcoin price.Most of the experts predict that bitcoin's price would be $2000 by the end of 2017.

The rise in interest in US, do you consider it an advantage or disadvantage? Can that improve the value of bitcoin considering your $2000 predicted price by the end of the year

[asriloni]

There are lots of predictions about bitcoin price in 2017.Rise in US interest rates,japan accepting bitcoin as payment method and a lot of global factors could create an increase in bitcoin price.Most of the experts predict that bitcoin's price would be $2000 by the end of 2017.

With the scalability problem and all of the latest update will mean nothing for the bitcoin itself. consider if the bitcoin is on the big drama by the dev to get domination for controlling the bitcoin.

[Wind_FURY]

There are lots of predictions about bitcoin price in 2017.Rise in US interest rates,japan accepting bitcoin as payment method and a lot of global factors could create an increase in bitcoin price.Most of the experts predict that bitcoin's price would be $2000 by the end of 2017.

The rise in interest in US, do you consider it an advantage or disadvantage? Can that improve the value of bitcoin considering your $2000 predicted price by the end of the year

Bitcoin is not a direct part of the US economy. In fact it is not a direct part of any nation's economy, so any change in economic matter in a country will not directly affect the price of Bitcoin. Some people are overestimating how wide the usage of Bitcoin is. The truth is it does not matter. Bitcoin is a mere speck in the ocean for all the economies of the world combined. If Bitcoin reaches a $1T market cap that might change.

[Qartada]

If we assume that all of that would be solved by the end of the year then I'm very optimistic that we could reach 2000$  If not more without any struggle.

Actually i don't think debate on block size will be over within this year or by anytime in future. There will be always some sort of debate because people have different preferences and personal agenda.

Talking about bitcoin price, i think it will stall between $1300 to $1500 by end of this year. Support level is quite strong at $1000 but there is also lots of sell wall at ATH price.

The debate will never be over, but this current debate will be over and the solution for a reasonably long term will be found.  People are right that the price can't keep rising until the solution is found.

[BrewMaster]

If we assume that all of that would be solved by the end of the year then I'm very optimistic that we could reach 2000$  If not more without any struggle.

Actually i don't think debate on block size will be over within this year or by anytime in future. There will be always some sort of debate because people have different preferences and personal agenda.

Talking about bitcoin price, i think it will stall between $1300 to $1500 by end of this year. Support level is quite strong at $1000 but there is also lots of sell wall at ATH price.

The debate will never be over, but this current debate will be over and the solution for a reasonably long term will be found.  People are right that the price can't keep rising until the solution is found.

there is more FUD than there is problem.
and when FUD stops price will go up. and people don't say that. instead they say price can't keep rising forever, it needs to stop, have a correction, some accumulation then continue going up.

and as for the "problem" price doesn't care about it. it never had and it never will.

[Hullo]

$2000 by the end of this year still realistic bitcoin would touch to to this milestone easily. At the moment it's little unstable but will be back on it's way to the moon.