Will bitcoin ever reach $1000 dollars again?

[ensurance982]

Yes i hope before next year 

Do you have some leveraged long position or why would Bitcoin reach that target before that very day? I'd be pleased if it did, as well, but I guess we may have to wait a tad more before reaching that mark again. No one knows. Prepare for a non-perfect outcome.

[ChuckBuck]

Will Bitcoin ever reach $1000 again?

How about we reach $700 first.  Feels like the spike back in early December was a "Black Unicorn" never to be seen again...

Despite the trickle of positive news and slow but gaining acceptance, the mainstream still doesn't know what Bitcoin is.  And the ones in power that do, are trying to regulate and hold it back.

Still waiting for the "spark" to happen, that domino effect, or most importantly network effect.  Part of me feels it can happen at any moment soon, another part of me thinks there's a possibility it may never come.

Please Bitcoin.  Don't be the next Tamagotchi, Betamax, Prodigy, Compuserve, HD DVD, Zune, Friendster, Myspace, Palm Pilot, Sega Saturn, Garmin.

Need Bitcoin to be the answer, not just for my sake, but for so many people around the world.  Don't want another coin to take over Bitcoin's utility, as there's enough problems explaining all the Alt and crapcoins in existences.  If another coin takes over, it should be an improvement on the original, and be rightfully called Bitcoin 2.0.

[silvestar]

Will Bitcoin ever reach $1000 again?

How about we reach $700 first.  Feels like the spike back in early December was a "Black Unicorn" never to be seen again...

Despite the trickle of positive news and slow but gaining acceptance, the mainstream still doesn't know what Bitcoin is.  And the ones in power that do, are trying to regulate and hold it back.

Still waiting for the "spark" to happen, that domino effect, or most importantly network effect.  Part of me feels it can happen at any moment soon, another part of me thinks there's a possibility it may never come.

We are now having a calm before the storm lol.

Please Bitcoin.  Don't be the next Tamagotchi, Betamax, Prodigy, Compuserve, HD DVD, Zune, Friendster, Myspace, Palm Pilot, Sega Saturn, Garmin.

Need Bitcoin to be the answer, not just for my sake, but for so many people around the world.  Don't want another coin to take over Bitcoin's utility, as there's enough problems explaining all the Alt and crapcoins in existences.  If another coin takes over, it should be an improvement on the original, and be rightfully called Bitcoin 2.0.

If some altcoins come up with a brilliant idea and the feature works great, bitcoin could adopt it and make it even better.

[moko666]

yes
it will
by the end of this year we can see it $1500+

[FUR11]

With short spikes and drops in Bitcoin value happening on a daily basis do you see Bitcoin reaching its previous peak value and also do you see it exceeding this value by a considerable distance?

Well, no one really knows if that's going to happen. The Bitcoin price is simply determined by demand and supply. How much people are willing to pay for a Bitcoin and how much people want to have for one. But we've been here before, people thought 'that's it, it's never going to get that high again' and whooops, there came another bubble.

[littlewizard]

There is no doubt it will reach 1000 dollars, and it can go up maybe till 2000 or 3000 this year, maybe i am too optimistic, but in a few years, it is highly possible.

[polynesia]

There is no doubt it will reach 1000 dollars, and it can go up maybe till 2000 or 3000 this year, maybe i am too optimistic, but in a few years, it is highly possible.

True, even a rise to $1000 would imply a ~70% return from current levels. Too good to be true for any asset class. 

[Velkro]

it will reach it in 1 year max

[wenben]

There is no doubt it will reach 1000 dollars, and it can go up maybe till 2000 or 3000 this year, maybe i am too optimistic, but in a few years, it is highly possible.

True, even a rise to $1000 would imply a ~70% return from current levels. Too good to be true for any asset class. 

40% return if one year. Lower yield if longer.

[elliwilli]

It really depends...
If major retailers start accepting it like Dell did then im almost certain it will, the problem bitcoin has at the moment is that it is not the most easy to get into/use thing in the world and that will make mainstream adoption harder/slower.
I hope bitcoin does reach $1000 or above!

[ANTIcentralized]

There is no doubt it will reach 1000 dollars, and it can go up maybe till 2000 or 3000 this year, maybe i am too optimistic, but in a few years, it is highly possible.

True, even a rise to $1000 would imply a ~70% return from current levels. Too good to be true for any asset class. 

Bitcoin went up 100X lat year, and a similar amount the previous year so it would not be out of the question to rise 70% from current levels.

[polynesia]

they will forbid it anyway

This may not be within their powers. 

[lynn_402]

I think it quite impossible
Governments don't like bitcoin or other altcoin
they will forbid it anyway

Just like they forbid the use of cannabis, file-sharing, and hundreds of other things which people use and do everyday?

Cryptos would survive even if every country in the world banned them.

[polynesia]

I think it quite impossible
Governments don't like bitcoin or other altcoin
they will forbid it anyway

Just like they forbid the use of cannabis, file-sharing, and hundreds of other things which people use and do everyday?

Cryptos would survive even if every country in the world banned them.

Cryptos would survive, but if the government cuts off access to banking lines, most mainstream companies would shun them.
This would reduce the adoption of bitcoins to some niche areas.

[brendanjhwu]

Yes most likely... bitcoin is just getting more and more popular meaning less supply for bitcoins themselves. thus it will get inflated in the future. Maybe 1 year.

[freedomno1]

Any day now or week or month
Basically whenever Bitcoin feels like it although Argentina helps a bit in being a possible trigger.

[ThomasCrowne]

I have a sneaking feeling that bitcoin might just get there by the middle of next year (fingers crossed).  Possibly sooner if coins get's listed on NASDAQ before the end of the year but that's just my opinion. 

[Omniescient]

With short spikes and drops in Bitcoin value happening on a daily basis do you see Bitcoin reaching its previous peak value and also do you see it exceeding this value by a considerable distance?

i think thats will possible to touch 5000 later . just take profit and save later.
it will real crazy bussines .

[Peter882]

With short spikes and drops in Bitcoin value happening on a daily basis do you see Bitcoin reaching its previous peak value and also do you see it exceeding this value by a considerable distance?

i think thats will possible to touch 5000 later . just take profit and save later.
it will real crazy bussines .

What???
Are you serious?
So anyone can be Bill Gate???

Are you serious lol?
Even at $5000, you will need 16,000,000 btc (76% of all bitcoin) to be Bill Gates (with a net worth of $79.3 billion http://www.forbes.com/profile/bill-gates/).

[poisenrang]

so much discussions about it rising but is it true?