What will be the maximum cost of bitcoin in 2017?

[tairus91]

What do you think?

[VC George]

Whatever supply & demand decide mate(apart from the usual FUD).
Take a look here for a deeper understanding:
http://www.econlib.org/library/Enc/Supply.html

[cafucafucafu]

What do you think?

A bit in the wrong thread, if you posted this in speculation it would be better and you would get more answers probably. Well I am pretty sure you know what will happen on August the first, where most likely the hard fork will happen and then if it goes well, I can expected bitcoin growing 500 in day. So I guess the maximum price for bitxoin would be 4000 USD at the end of 2017.

[darkangel11]

Most likely we'll test the $3000 levels and attempt to break for an ATH. That is of course if the bitmain folks won't try to make an altcoin out of BTC.
Most people seem to agree that there are 3 outcomes for BTC.
1. Segwit gets activated, there's no hard fork = pump
2. There's a hard fork and 1 coin wins with overwhelming majority of support = most likely a pump after some perturbations
3. A hard fork divides the community into two equal groups = most likely a dump and split of value

Option 3 is the least probable though.

[GeniusAko]

Most likely we'll test the $3000 levels and attempt to break for an ATH. That is of course if the bitmain folks won't try to make an altcoin out of BTC.
Most people seem to agree that there are 3 outcomes for BTC.
1. Segwit gets activated, there's no hard fork = pump
2. There's a hard fork and 1 coin wins with overwhelming majority of support = most likely a pump after some perturbations
3. A hard fork divides the community into two equal groups = most likely a dump and split of value

Option 3 is the least probable though.

I agree to you. The value of the bitcoin will become $3000 this year.

[aTriz]

What do you think?

With the current state of Bitcoin, it seems to be around the 2.3K mark. Bitcoin will be heavily affected by the hard fork that will be coming on August the first. The hard fork can do one of a couple of things:

1. Quickly spike the price of Bitcoin up.
2. Drop Bitcoin below 2K again and from then on it will take a long time for Bitcoin to go back to where it is, or maybe it won't recover and Bitcoin will just die.
3. The hard fork doesn't go through and the price pretty much stays the same

I expect the price of bitcoin to end up around the 3K mark at the end of this year.

[Taras]

Drop Bitcoin below 2K again and from then on it will take a long time for Bitcoin to go back to where it is, or maybe it won't recover and Bitcoin will just die.

I don't think so. Where do you draw the line from Bitcoin being alive and Bitcoin being dead? If the market goes back to mid 2013 levels, has it died? I for one would still be using it in that scenario. So it would have at least 1 user.

[mrcash02]

This is a speculation thread. I believe Bitcoin can be around $4000-$5000 by the end of the year if there isn't any HardFork and majority part of the community stay together. If the price will be stable it's hard to answer, because always after a big pump it tends to be very unstable for some time. Use the time you have now to accumulate coins, so at the end of this year you can enjoy a nice profit.

[BitMaxz]

Drop Bitcoin below 2K again and from then on it will take a long time for Bitcoin to go back to where it is, or maybe it won't recover and Bitcoin will just die.

I don't think so. Where do you draw the line from Bitcoin being alive and Bitcoin being dead? If the market goes back to mid 2013 levels, has it died? I for one would still be using it in that scenario. So it would have at least 1 user.

That was impossible to happen its a large drop since bitcoin is already been using by company and website like steam and namecheap and other investors  they don't let the price down like what happen in past few days ago that the price was crash but not much drop .
The price is increase back because they know the potencial will happen with bitcoin.

For now because of the new upgrade for bitcoin i think we will break the first $3k value and i think the maximum estimation is around $3k to $4k value this is i think nearly can be maximum cost per bitcoin this 2017..

[peter0425]

Most likely we'll test the $3000 levels and attempt to break for an ATH. That is of course if the bitmain folks won't try to make an altcoin out of BTC.
Most people seem to agree that there are 3 outcomes for BTC.
1. Segwit gets activated, there's no hard fork = pump
2. There's a hard fork and 1 coin wins with overwhelming majority of support = most likely a pump after some perturbations
3. A hard fork divides the community into two equal groups = most likely a dump and split of value

Option 3 is the least probable though.

Yes, I believed that we are going to test $3000 and moved closer to it after the Aug 1 date. We briefly touch it in May, but panic selling occurs dropping to price. And by the end of the year, I'm speculating than we are somewhere in the ballpark of $4000-$5000 and we are going to end the year with a bang. And everybody will be happy of course. We just need to hurdle one big road, and once we are settled again, bitcoin price will go to the moon.

[pooya87]

here are the things that i am seeing right now:
1. SegWit finally gained above 95% support in total.
2. BIP91 which is going to activate SegWit has the >80% support it needs and it already gained 75% of it
3. when SegWit activates with majority support, there will be a big spike in price
4. there are some nonsense going around about "other" forks, these may slow down the rise because of FUD and panic

in the end they will go away by the end of the year. we WILL start 2018 the same as 2017, with a big bull run since it will officially be the end of 3+ year old scaling drama...

dare i say expect $5000 then!

[Vishnu.Reang]

If everything goes as per the plan and there is no chain split on August 1, then we can surely expect BTC to cross $5,000 per coin mark by the end of this year. I would even say that an exchange rate of $10,000 per coin is attainable as per the current scenario

[dserrano11]

If everything goes as per the plan and there is no chain split on August 1, then we can surely expect BTC to cross $5,000 per coin mark by the end of this year. I would even say that an exchange rate of $10,000 per coin is attainable as per the current scenario

Well, after August 1st we just need a good news not have split, not have reason can't make the price of Bitcoin increasing to target $5000. But I scared the happening pump Bitcoin before that time happening, if my guess is true, the price of Bitcoin will crash after pump before August 1st by some bad news and panic will have everywhere

[salinizm]

I expect A great down will be in 2017. Then, Bitcoin prices will be 4000 dollars first, It will be 7000 dollars which is its maximum prices in a year. I brace myself to this.

[maokoto]

I think it might go up around the 3500$. Segwit update will work. People will gain confidence and be more optimistic if all goes well and transactions start to be faster. More people will go in, and tv and press will speak again about bitcoin nearing Christmas "People are making their Christmas shopping in Bitcoin yadda yadda" That will make it go even higher.

Of course, I cannot really know, but that is what I think will happen.

[Slow death]

What do you think?

Why do not you ask that question after August 1?

Will be more prudent, but if you want to know my opinion will be $3000 for the moment is the maximum I believe, if I see that the scenario after August 1 will be positive, then I can have high expectations to the point of dreaming of $4000 or  $5000. But for now it's better to have feet on the floor

[NeuroticFish]

What do you think?

Why do not you ask that question after August 1?

Will be more prudent, but if you want to know my opinion will be $3000 for the moment is the maximum I believe, if I see that the scenario after August 1 will be positive, then I can have high expectations to the point of dreaming of $4000 or  $5000. But for now it's better to have feet on the floor

I think that it's better to ask after mid-November, when we'll pass all the deadlines for forks (if my source of dates is correct).
The pre-August 1st price fluctuation FUD may continue a lot more and I'm not convinced that we'll go above 3000$ right after this "psychological barrier" (I mean Aug 1). If we do, then even 5000$ is possible, else we may keep staying under 3000$ maybe even until Christmas...

[gentlemand]

Dunno. The implied 2mb fork is going to introduce more squealing and uncertainty than ever that might shit all over any current price rises. I will guess a return to nudging $3000 again and then it's all over the place for the rest of the year.

[Zumwalt]

Best Case scenario is 4200 for me, but a lot of stuff can happen i crypto, 1 week is like a year in stocks.

[J_A_Bankster]

$9,889.99,- per December 31, 2017.