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Author Topic: Bitcoin Price Likely to Hit $3,500 This Year, How true is that?  (Read 2149 times)
beerlover
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May 17, 2017, 08:23:17 AM
 #21

We can speak all the day about how big bitcoin is and how the price will reach new all time highs in the next few weeks or, we can speak about the same thing while giving solid and valid arguments.
But speculating about the future is more important as it will be helping traders to have some over all idea. Our speculations may come into true when more traders agree.
We do speculate based on some expectation (like SEC will approve ETF), when it will happen traders move forward to push the prices. Sadly vice versa also true.

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May 17, 2017, 12:42:28 PM
 #22

Bitcoin Price Likely to Hit $3,500 This Year, How true is that?

That price seems unlikely, but I also didn't expect the price to rise to $1900 this year either. I also expected a bigger correction in price which we could still have.

 
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May 17, 2017, 12:51:51 PM
 #23

Bitcoin Price Likely to Hit $3,500 This Year, How true is that?

That price seems unlikely, but I also didn't expect the price to rise to $1900 this year either. I also expected a bigger correction in price which we could still have.
A correction cannot be big to get fear out of it. Moreover I understand you mean to say that bitcoin will not find the any more up surge from this point as it will be having recursive corrections to have some lowers levels ? I do not think so as you are missing out to mention any backing reasons to support your speculations.

There are lot of positive things are happening around bitcoin ecosystem, I do believe bitcoin will be having prices like $5000 by end of this year.
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May 17, 2017, 02:45:39 PM
 #24

Bitcoin Price Likely to Hit $3,500 This Year, How true is that?

Not very imo, I'd love to be proved wrong. $3500 per bitcoin would be amazing but I can't see it for a couple of years.

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May 17, 2017, 03:35:57 PM
 #25

I think we could see those prices in the coming weeks actually. It might kiss 3k before correcting but it'll probably hover around 2 to 3k before the end of the year.

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May 17, 2017, 06:54:23 PM
 #26

I think we could see those prices in the coming weeks actually. It might kiss 3k before correcting but it'll probably hover around 2 to 3k before the end of the year.

I don't see it going more than $2600 even if it goes higher, because it has already consolidated a lot and the reasons are currently not much strong for the price to reach at these given numbers, and the first and foremost thing that is needed is stability in price, because if dumps take place then again investors would get out and we will need to wait few more years before we see such spikes back.

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May 17, 2017, 09:04:20 PM
 #27

I think we could see those prices in the coming weeks actually. It might kiss 3k before correcting but it'll probably hover around 2 to 3k before the end of the year.

I'm sorry dude but I don't agree with you. To touch $3000 I think we need to solved the issue on the scaling problem. Transaction fees are going up to the roof as well making people to not choose bitcoin as mode of bitcoin. With that said, I highly doubt that $3000 this year is possible.
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May 17, 2017, 10:01:32 PM
 #28

Bitcoin Price Likely to Hit $3,500 This Year, How true is that?

It is not true yet since bitcoin have not hit that price but the possibility to reach $3500 is big due to the hype brought by Japan friendly gesture to bitcoin and large company that wants to participate in bitcoin economy.  Aside from that Australia just announced their view on bitcoin that they will accept it as money this July.  Definitely this will increase bitcoin price.
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May 17, 2017, 10:05:38 PM
 #29

It is absolutely true that the price of bitcoin will increase to $3500 in this year because now the price of bitcoin once again started to increase and we all know that when the price start to increase then it take no time to reach the highest levels so within a few months I am sure that it will reach to the level of $3000 and will then forward to $3500.
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May 18, 2017, 05:49:28 AM
 #30

With countries like Japan and Australia (July 1 will recognize Bitcoin as money) take it seriously AND worldwide debt based fiat money crashes making 2008 look like a speed bump ... the only places of safety will be precious metals and the most trusted crypto: Bitcoin

My prediction on December 31, 2017:   $10,000+ per BTC    Cool
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May 18, 2017, 09:21:00 AM
 #31

Bitcoin Price Likely to Hit $3,500 This Year, How true is that?

That price seems unlikely, but I also didn't expect the price to rise to $1900 this year either. I also expected a bigger correction in price which we could still have.

Yes, we can more than 2000$ in the year 2017, but 3500$ is the really very high amount it is not possible to predict easily. As the bitcoin community keeps increasing but the chances of increasing more than 3500$ in coming years it is possible may be.
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May 18, 2017, 11:54:30 AM
 #32

My prediction on December 31, 2017:   $10,000+ per BTC    Cool

With Bitcoin it makes more sense to predict 10,000+ than below that, indeed Roll Eyes

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May 18, 2017, 12:39:06 PM
 #33

Bitcoin Price Likely to Hit $3,500 This Year, How true is that?
I think realistic speculation would be 2500$ rather than 3500$. Its only may right now and we still have 6+ months till end of this year so price can easily go way higher than $2000.
I personally think its a possibly, remember how long(how many days or weeks?) it took Bitcoin to rise from $1000 to the current price? So there is a possibility that in the coming few weeks 1BTC might be worth the $2500 you just mentioned and more than that by the end of this year

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May 18, 2017, 12:56:07 PM
 #34

Bitcoin Price Likely to Hit $3,500 This Year, How true is that?
It cannot reached that price cause it so very high and bitcoin only have 6 months to reached that 3500$ before 2018 which is impossible right now. Bitcoin spend years to reached the current price today ,and going to 3500$ price this year is only a dream that will never come true.
Dreams do come true sometimes, what would you say if you wake up tomorrow and realise that BTC price rose to $2100 overnight?

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May 18, 2017, 12:57:17 PM
 #35

It is absolutely true that the price of bitcoin will increase to $3500 in this year because now the price of bitcoin once again started to increase and we all know that when the price start to increase then it take no time to reach the highest levels so within a few months I am sure that it will reach to the level of $3000 and will then forward to $3500.
I agree with you . We are all just a matter of time. Because bitcoin prices are currently experiencing a significant increase. But the incidence of ransomware wanna cry and transaction delays can give a little negative impact.
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May 18, 2017, 01:00:38 PM
 #36

Bitcoin Price Likely to Hit $3,500 This Year, How true is that?
It cannot reached that price cause it so very high and bitcoin only have 6 months to reached that 3500$ before 2018 which is impossible right now. Bitcoin spend years to reached the current price today ,and going to 3500$ price this year is only a dream that will never come true.
Dreams do come true sometimes, what would you say if you wake up tomorrow and realise that BTC price rose to $2100 overnight?

Most of the trader will probably sell once it hits the peak by the end of the day. But who know what will happen. If it did happen on ripple with billions of supply, it may also be possible. Maybe banks are also considering bitcoin and not just xRP.

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May 18, 2017, 01:17:28 PM
 #37

Bitcoin Price Likely to Hit $3,500 This Year, How true is that?
It cannot reached that price cause it so very high and bitcoin only have 6 months to reached that 3500$ before 2018 which is impossible right now. Bitcoin spend years to reached the current price today ,and going to 3500$ price this year is only a dream that will never come true.
Dreams do come true sometimes, what would you say if you wake up tomorrow and realise that BTC price rose to $2100 overnight?

Most of the trader will probably sell once it hits the peak by the end of the day. But who know what will happen. If it did happen on ripple with billions of supply, it may also be possible. Maybe banks are also considering bitcoin and not just xRP.
With ripple and xrp the value have grown high as the tie up with several ventures increase. With bitcoin the bubble is unexpected even when the adoption is high price grows in a gradual manner and so none knows what happens next minute. It's good to make predictions but reality is always a dream. So $3500 too is an possible value.

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May 18, 2017, 01:20:03 PM
 #38

I think we could see those prices in the coming weeks actually. It might kiss 3k before correcting but it'll probably hover around 2 to 3k before the end of the year.

I'm sorry dude but I don't agree with you. To touch $3000 I think we need to solved the issue on the scaling problem. Transaction fees are going up to the roof as well making people to not choose bitcoin as mode of bitcoin. With that said, I highly doubt that $3000 this year is possible.
You cannot predict the future, Bitcoin is unlike Altcoins, surely you are aware that most people and countries are now showing interest in Bitcoin

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May 18, 2017, 02:33:41 PM
 #39

in my point of view that the possibility price on this year approximately $2000 could be less or more and very hard to reach $3500 but i think sometimes in bitcoin world there is an situations that when it is impossible to became an possible so lets wait for next peak in this year

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favila
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May 18, 2017, 02:40:22 PM
 #40

I have no doubt it will reach above 3-4k$ because we have entered an era of widespread adoption with news coming out of bitcoins acceptance right around the world. If the ETF is also approved this year even 5k+ is possible.

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