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achilles17 (OP)
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June 01, 2017, 11:30:28 AM
 #1

In my opinion bitcoin will hit 4k usd, but will take a bit long maybe a year or 2
whats your thoughts or side on this matter?
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June 01, 2017, 01:03:00 PM
 #2

In my opinion bitcoin will hit 4k usd, but will take a bit long maybe a year or 2
whats your thoughts or side on this matter?

Why do you think that? That would be highly inconsistent with how it has behaved in the past. I would predict roughly $5k in the next couple months and then back down to $1500 or so over the next year.

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June 01, 2017, 01:32:19 PM
 #3

I really think we will have a lot of support from the Korean, Japan, and Australia market with the movement of bitcoin and I think it will happen in the first of July because bitcoin will be fully approve by the government of Australia, we will have a lot of support from this markets and if we will not see some greediness with the selling and converting of many users that out of emotion they are surely want to earn with bitcoin that fast we can really see not just $4000 but $5000 dollar at the end of the year.
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June 01, 2017, 01:38:28 PM
 #4

In my opinion bitcoin will hit 4k usd, but will take a bit long maybe a year or 2
whats your thoughts or side on this matter?

I don't know if you are aware that there was a sudden dump last week that plunges the price to at low as $1800. But since then it was recovered with a price of $2300. So you see, the price of bitcoin is unpredictable. I think we should first target a realistic price here, which is $3000. It could be hit this year, or maybe in the next couple of months. I'm very optimistic that we can touch that price easily because the trend looks like going upward now. If we don't have any negative news that will impact the price, then $3000 can hit. So maybe before the end of the year we can see $4000.

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June 01, 2017, 02:23:27 PM
 #5

See today's price it has increased by like 200$ within 12 hours. The price isn't stable at all and is growing at a really high rate and also getting dumped with a big difference. If tgis growth continues for a week without any drop bitcoin will reach 3k in a month , if the price drops again it will be hard to predict
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June 01, 2017, 02:41:36 PM
 #6

In my opinion bitcoin will hit 4k usd, but will take a bit long maybe a year or 2
whats your thoughts or side on this matter?

Why do you think that? That would be highly inconsistent with how it has behaved in the past. I would predict roughly $5k in the next couple months and then back down to $1500 or so over the next year.

why do "you" think that?
there simply isn't any reason for such a big rise in such a short time as there isn't any reason for such a huge drop to $1500!!! in a much shorter time.

and you are forgetting that as price rises the resistance level comes higher. and that means when price goes below certain levels, many people will sell their kidneys to buy bitcoin and that will prevent price from such drastic drops.

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June 01, 2017, 03:20:05 PM
 #7

Maybe we should wait what will happen after August 1 before we start speculating again on the price of bitcoin. It is really an important junction right now that can crash or flourish bitcoin's price.
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June 01, 2017, 03:25:04 PM
 #8

In my opinion bitcoin will hit 4k usd, but will take a bit long maybe a year or 2
whats your thoughts or side on this matter?
I feel this will get closer. May be less than 1 year because of the active bitcoin movement. We need to see how the market today has a very high increase of bitcoin demand. Most  people are in need and use bitcoin in everyday life.
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June 01, 2017, 03:26:05 PM
 #9

In my opinion bitcoin will hit 4k usd, but will take a bit long maybe a year or 2
whats your thoughts or side on this matter?

I don't know if you are aware that there was a sudden dump last week that plunges the price to at low as $1800. But since then it was recovered with a price of $2300. So you see, the price of bitcoin is unpredictable. I think we should first target a realistic price here, which is $3000. It could be hit this year, or maybe in the next couple of months. I'm very optimistic that we can touch that price easily because the trend looks like going upward now. If we don't have any negative news that will impact the price, then $3000 can hit. So maybe before the end of the year we can see $4000.

I think each new ATH seems to take "reasonable" price opinions up a notch. Just last month bookies were offering even odds for/against BTC breaking the 2,000 barrier this year. And just in January people were hoping for 1,000 stability.

I still think, given the volatility we've had, the insecurities of the scaling solution and always that possibility of some massive predictable yet unforeseen event of Mt Gox proportions... I'm still thinking anywhere near 1,000 is a reasonable price.

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June 01, 2017, 03:48:05 PM
 #10

In my opinion bitcoin will hit 4k usd, but will take a bit long maybe a year or 2
whats your thoughts or side on this matter?
The bitcoin is just about to burst!!!
You can try to read this article. http://www.cityam.com/265778/bitcoin-made-available-millions-uk-retail-investors-leading

$4k is really possible for bitcoin in the future. Remember Russia and more countries will try to consider bitcoin in the future. And it can bring a good sentiment for the bitcoin market. The people FOMO bitcoin and try to push the demand every time.

That's a good sign for us.

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June 01, 2017, 05:08:09 PM
 #11

4,000 USD will be reached for just a couple of months. We should take note on what will happen on July first. Yes, Australia will deem bitcoin as a currency and will be accepting them on that point onward. Let's just think what happened when Japan started accepting bitcoin as a mode of payment. Bitcoin began pumping and doubled within a couple of months. With Australia next in line, $4k is a piece of cake within months.

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June 01, 2017, 05:28:45 PM
 #12

In my opinion bitcoin will hit 4k usd, but will take a bit long maybe a year or 2
whats your thoughts or side on this matter?
Bitcoin almost hit 3k in May. Do you think that we would need to wait another 2 or 3 years just to reach $4k?
I don't think so. There are some pretty interesting news piled up for us, scaling solution with deadline in August.
Australia adoption, positive reaction to bitcoin in Russia an galloping adoption to mention a few.


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June 01, 2017, 06:56:18 PM
 #13

Obviously, bitcoin will hit the mark of 4000$ ,but taking time to hit the mark of 4000$ cannot be predicted, as there are ups and lows in the price rate of bitcoin of late and there is a high possibility of bitcoin reaching 4000$  or more than that before 2018 and the price may even exceed 4000$ ,again as I said price change in bitcoin cannot be predicted,let's hope for the best!


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BitFinnese
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June 01, 2017, 10:36:02 PM
 #14

In my opinion bitcoin will hit 4k usd, but will take a bit long maybe a year or 2
whats your thoughts or side on this matter?

I think Bitcoin does not need a year or two to hit 4k USD.  With the upcoming adoption of bitcoin in Australia, the price will certainly increase since citizen of it will definitely join the bitcoin economy.  Plus the fact that Australia will not tax the buy and sell of Bitcoin, this will encourage their company and citizen to participate in bitcoin economy.
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June 02, 2017, 01:26:28 PM
 #15

In my opinion bitcoin will hit 4k usd, but will take a bit long maybe a year or 2
whats your thoughts or side on this matter?
There is nothing specific in your prediction. Most users believe that this is gonna happen, as the growth rate is quite good than the past as more Countries are into the legalizing activities as well in making use of bitcoin technology to make the financial ecosystem in a perfect and function efficient.

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June 02, 2017, 01:39:19 PM
 #16

In my opinion bitcoin will hit 4k usd, but will take a bit long maybe a year or 2
whats your thoughts or side on this matter?

It's not that Im being too optimistic here about bitcoin price but I sees 2 years is too much long period for that $4,000 price to happened. I have reason to believe on that. First, no doubt that aside from the positive news we had this past months or years that bring big impact to the bitcoin price, there will be more expected this upcoming months so possibility we can see another ATH day by day that will established just within on short period of time.

Look at how bitcoin price passed $2,000 level in just a matter of short period of time. So $4,000 will not take too much time to reached.

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June 02, 2017, 01:39:52 PM
 #17

In my opinion bitcoin will hit 4k usd, but will take a bit long maybe a year or 2
whats your thoughts or side on this matter?

Why do you think that? That would be highly inconsistent with how it has behaved in the past. I would predict roughly $5k in the next couple months and then back down to $1500 or so over the next year.

why do "you" think that?
there simply isn't any reason for such a big rise in such a short time as there isn't any reason for such a huge drop to $1500!!! in a much shorter time.

and you are forgetting that as price rises the resistance level comes higher. and that means when price goes below certain levels, many people will sell their kidneys to buy bitcoin and that will prevent price from such drastic drops.

Here is a detailed post I made about a week ago explaining why I think that: https://twitter.com/demoinvestor/status/867491235296161792

You are wrong to think there is no reason for a sharp rise and fall. This is how retail Bitcoin investors behave. They very easily jump on board with buying and selling manias. We have seen this happen with Bitcoin over and over again, many times, and to an even larger degree than what we've seen so far recently.

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June 02, 2017, 01:55:09 PM
 #18

In my opinion bitcoin will hit 4k usd, but will take a bit long maybe a year or 2
whats your thoughts or side on this matter?

Why do you think that? That would be highly inconsistent with how it has behaved in the past. I would predict roughly $5k in the next couple months and then back down to $1500 or so over the next year.

$4K next year or the next next year is a possiblity, what happened last week is a very dissapointing, though I am ecpecting that. With the UASF this upcoming August, a big dump is expected especially by the people who don't want what will happen and what they are hearing. I think it will dump below $900 guys, what do you think?
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June 02, 2017, 02:41:57 PM
 #19

In my opinion bitcoin will hit 4k usd, but will take a bit long maybe a year or 2
whats your thoughts or side on this matter?
Yes bitcoin will hit 4k usd but no knows when it will happen.all those you have read and heard all of them are only speculation/guess. If you think bitcoin will  hit 4k usd you better start saving some bitcoins.
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June 02, 2017, 08:22:41 PM
 #20

In my opinion bitcoin will hit 4k usd, but will take a bit long maybe a year or 2
whats your thoughts or side on this matter?
Everyone coming late into bitcoin have high expectations that the price of bitcoin will double from this valuation and so is the case with you,i am not at predicting the exact price but if the forward momentum continues likes this then we would see those values pretty soon rather than waiting for two years.
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