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Topic: [2015-12-31] 2016 BTC Price Predictions Are Bullish But Tamer Than PreviousYear (Read 265 times)

legendary
Activity: 1232
Merit: 1091
"Bobby Lee, CEO of Chinese bitcoin exchange BTCC, believes bitcoin will reach $3,500, also because of the halving phenomenon."

That is not a tame prediction.

A lot people expect the price to reach more than a few $K. The only question is... in what time frame? Is it in 2016? 2017? 2020? These kind of predictions barely have value as long we stay far below $1000.
full member
Activity: 165
Merit: 100
"Bobby Lee, CEO of Chinese bitcoin exchange BTCC, believes bitcoin will reach $3,500, also because of the halving phenomenon."

That is not a tame prediction.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
2016 Bitcoin Price Predictions Are Bullish But Tamer Than Previous Years

What makes predicting long-term bitcoin prices so interesting is the fact that they are so difficult to predict. You may be better off throwing darts.

http://www.financemagnates.com/cryptocurrency/trading/2016-bitcoin-price-predictions-are-bullish-but-tamer-than-previous-years/
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