Topic: 2016 Bitcoin Predictions - page 10. (Read 15304 times)

The big pump after halving and the block size increase will be around $1500. $2.5k is too optimisitic.

I see BTC to be playing around $400 - $700 after seeing a pump of up to $2.5k due to halving effect...
That's just speculation, but I am sure about the prices indicated above except this pump thing...

I do agree that to get Bitcoin further, the devs must work and listen to each other, and not directly let their ego take over and ruin the entire sentiment. Bitcoin is meant to bring the change we so much want, and not to see the main devs have very different views on what might help Bitcoin move forward.

Of course, bitcoin will be alive for long, but it will be interesting to watch how it will face the strong competition of the new altcurrencies to come, especially taking into account the increasing interest of commercial and central banks in taking advantage of the blockchain to improve the current economic system.

i think 4, it willl go slowly up with the passage of time and will reach to some $700 in a few mmonths and i think in halving it will touch the moon , so the price will definitely increased too high.

Bitcoin will go up to about $500 when more loopholes are used, then dip to $200 and everyone will cry and stabilize about $420~


oh wait that happened.

It may look the same, but it isn't. Back a few years, noone really knew if bitcoin is here to stay or not, and now the only sure thing is that it will be alive for
many years/decades to come. That only leaves us with the question of price, and the momentum is achieved for it to go above and beyond, to the point that
countries are starting to build up rules around it. The fact that noone really can destroy bitcoin network puts those laws more or less just as an itch, nothing more.
>1000$ by the year's end, is what i'm counting on, and even if that doesn't happen , i have enough time and patience to wait a lot more.

This is what is happening now. The 2MB block size increase will be delayed to the around June next year.

The innovation of bitcoin depends on the developers if they see fit in bitcoin,but if the developers doesnt agree on one thing then bitcoin wont evolve.

it always hard and always is the same predictions speculations and assumptions
all the same

It is really hard to know for what is going to happen in 2016 with Bitcoin, but I think that Bitcoin will be have a good year this year.
Bitcoin is a currency and that is really hard to predict because it is every time changing and that is not good.
But you can see that the value is stable and the halving is also coming so we should have to wait for what will happen with it.

I agree that there should be some decent action first and as result to that a higher price afterwards, but what innovation are you realistically expecting this year? I can't think of any.

No, my prediction actually included halving 'pump'.
It should be also the other way round, first the innovation then a higher valuation.

Im sceptic about but would like to see that price fot sure i just hope it will come to it

Bitcoin will have a good future later. It will be not only this year good, but in the future it will be more after a few years.
It will take a long time to have a high value, you can even see now that the price is not rising that much.
So we have to wait a long time to make some profit.

It also may next stable price range after halving and that may be really good
also as mentioned may price go little off after halving but stable may be 500-600 range after that

Dont think there is a real deduction on the price... however price will tend to find a new equillibrium

the current sideways price is a good indicator especially after the bitcoin difficulty jumping 3 fold in 3 months no thanks to new tech in bitcoin mining side...

if we base it on past performance of bitcoin... we know speculation is high so we've seen it jump to 1000$... bear in mind this wasnt at a block halving also the difficulty was very low compared to today.

Now bitcoin is gaining momentum which is great... On my side of the world bitcoin has be an inflation buster... we see it holding value especially in emerging economies. We know the CNY has been manipulated to fufill government needs as for the USD its the reserve currency of the world and then you have the EUR and GBP which with whats happeing in Europe at the mo' might come under pressure.

so.. for me price should be stable as long as hasrate of the network is stable and doesnt jump... if the hash rate jumps you can bet miners are gonna sell the coins for more to cover costs...

and the halving... well this is interesting as this is forced mathematically supply constraint i.e forced value holding mechanism..

Like I said earlier Miners wanna get paid... and if they just have to take the same amount they taking now the price would have to double and be stable just to be the same  $$ dollar wise take home money as it is now... FYI allot of miners have upgraded their equipment that wouldnt have had all their ROI back before the halving.

now lets say price stays the same and the block reward halves... what this would mean is some miners would stop validating transactions hasrate comes down... but all of this make no difference in dollar terms because a block is generated evey 10 min so the revenue per day for miners is caped per day... at 1800 bitcoins at $420 instead of 3600 at $420 you see the problem here...

transaction volumes will still be the same so this transistion period will see lag on the network unless price goes up and the miners stay.

All interesting factors that will influence price.

For me at the halving or the weeks before, the bitcoin price is gonna move all over the place In excess of $1000 to $1500 and recheck back down ofter profit taking at around $900 -$800 and then equalise over 6 months to about $700. after the guys have got their equiment paid up.

But if their is an economic crash like 2008 then its gonna equalise alot higher.. not becuase bitcoin has appreciated but becuase the other currencies have depreciated...

just my 5 satoshies

i agree with this. the price is going to be stable around $410-420 for a longer time, probably 3 more months.


i think the spike is going to be much bigger than than. probably from $700-1000


depending on how big the bubble is, going back is going to take a long time and i don't think it will come back to $400 level. the next low is going to be at least $500


obviously, since bitcoin is growing everyday.

But I guess you will change your view once the price increase of bitcoin is started along with halving. Because the higher prices will trigger all the development needed for bitcoin ecosystem. I believe we can not predict the top of price range now itself.

I have a similar, maybe a bit more conservative view on the price action this year. I see $500-600 as the top of the range, if there is no new fundamental developments (direction mass adoption).