Topic: 2016 Bitcoin Predictions - page 15. (Read 15283 times)
I think the price will make an attempt to touch the $1000 price level just before the block halving, and when it's nearly there, the price will fall back very hard. After the block halving I can see we make a move to reach a new ATH.
If btc repeats its 2015 performance in 2016 (not that I expect it), then btc price would be ~$551 on Dec 31, 2016, which sounds quite reasonable if not low.
If we are to project further at the same steady clip achieved in 2015, then btc would be $11,769 in 14 years from now (2030) and $48,671 in 20 years (2036).
If we are to project further at the same steady clip achieved in 2015, then btc would be $11,769 in 14 years from now (2030) and $48,671 in 20 years (2036).
Here are my Bitcoin price predictions:
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.
We shouldn't get beyond $600 due to the halving alone. If there are additionally developments that will directly influence the adoption and deployment then we may go higher, even beyond $1k if that is something spectacular. However, that is a lot of ifs that I mention. For now, the basic plan is we have halving event and nothing more in the store, thus the speculation plots will play that one out. I don't expect big fireworks, though. 1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.
Here are my Bitcoin price predictions:
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.
Ugh. More ultra-specific predictions with no supporting evidence whatsoever.
You could also just ask me
. Here are the reasons why below. Numbers match numbers above.1. BTC will remain stable because the world is uncertain right now and BTC is a good place to store value. If it goes higher than $500, a portion of the people that buy low and sell high for a profit will definitely sell, including me. This portion is limited to people who sell BTC for USD, as selling in any other currency is probably a riskier bet (especially CNY, the second biggest after USD).
2+3. The spike is an educated guess based on how hype seems to bump up the value significantly and then BTC falls again once the hype wears off.
4. Due to the lower inflation, BTC will be able to gain value more easily. It will be a slow rise because people will be cautious due to the rise and fall from block halving hype.
Here are my Bitcoin price predictions:
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.
Realistic prediction, i think above bitcoin should be stable at around $500+ and at end of the year $700 max. 1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.
Here are my Bitcoin price predictions:
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.
Ugh. More ultra-specific predictions with no supporting evidence whatsoever.
Here are my Bitcoin price predictions:
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.
This OP mimics so well what I think will happen, that I will only quote it. Around 400-500$ rising slowly from that, with ups and downs along the way. Sounds logical.
i see at least another 100% increase, because of the halving, or around that, 700 is a veryg ood estimate
i remember that some were advocting for 500 when we were at 230, and we reached it somehow
i remember that some were advocting for 500 when we were at 230, and we reached it somehow
Here are my Bitcoin price predictions:
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.
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