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Topic: 2016 Bitcoin Predictions - page 7. (Read 15283 times)

legendary
Activity: 1456
Merit: 1002
May 10, 2016, 03:36:57 PM
By the time its a slow rise to $700ish, its only due to the circulation of being mined is already 90% which is almost done in my view.

Or pretty much reached, since we see the prices now at 70%ish in circulation at $450 range.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
May 10, 2016, 03:13:09 PM
I am not for sure that it will be a good year for Bitcoin because there are also a lot of people that is quite negative about the halving because it is not even rising now.
And that is bad for the future because people who already have Bitcoin wants to make profit fast which that is not possible now.

the halving is still months away and the last time the price rose a few months AFTER the halving not a few months BEFORE.

the thing is the havling will decrease supply, as long as the supply is not decreased the price won't respond, and then there's also some lagg because the market takes time to react to the new rate of bitcoin that is being supplied.

so even if some speculators drive the price up by increasing demand (because of expected price rise) the effect of the supply decrease will only really happen after the halving.

some miners might hold on to their bitcoins and thereby already lower supply, because they expect price to rise as well and want to get more profit, however many miners can not afford to keep a large amount of btcoin because they need to pay electricity bills as well.
Just for correctness, as there are few things wrong in your post.
Halving will cut the number of the coins found in the new block, not the supply. At the time of halving there will be already 75% of all coins ever mined on the market (either literally or in cold storages) - this is supply.
25% will affect the price more than 75%? Let me disagree.
Also, how long two events can be separated to still be able to connect them? Was the November 2015 pump connected to halving? Can the pump in February 2017, if it happens, be attributed to halving?
Miners who are already the biggest whales may actually dump Bitcoins and collect them lower to hedge for the lower reward, waiting for the difficulty to adjust. That would be the scenario majority in here is not even considering. How about that?
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
May 10, 2016, 03:04:03 PM
My prediction for this year, before the end of the year bitcoin will reach the price of $500 at stable price. going up higher than $500 but
it will go down lower than $500.

I am much more optimistic. My prediction is that the price will be double what you said. It is 1000 dollars or more.
Yes, the price will be doubled , the situation will be the same as was in the last halving where the price from $250 reached to $1200 within a few months , so in this year we can expect the same to happen again.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
May 10, 2016, 05:50:35 AM
My prediction is that the bitcoin is going to the amount of 800 dollar for sure because of the halving,
I also think the range of the bitcoin and users will grow with some significant numbers.
I am also sure that it will happen and till the month of June it will reach to $700 and so with that there will be more people appear who will be ready to adopt bitcoin and so a mass adoption will occur in this year.

my estimate on this that it will go over 500 on halving maybe 550 but expect bigger chances in price in 3-4 month after halving when things coll down a little
hero member
Activity: 1204
Merit: 500
May 09, 2016, 11:12:25 AM
I think at the end of the year the value of the coin is not even close to the 500.
everything they keep saying is halving blabla but dont believe them.
we still do not know what the price is going to happen later this year, I can only hope the price is higher, maybe the price will reach $ 600 more if the price increases continue to occur bitcoin
legendary
Activity: 1386
Merit: 1058
May 09, 2016, 10:51:26 AM
My prediction is that the bitcoin is going to the amount of 800 dollar for sure because of the halving,
I also think the range of the bitcoin and users will grow with some significant numbers.
I am also sure that it will happen and till the month of June it will reach to $700 and so with that there will be more people appear who will be ready to adopt bitcoin and so a mass adoption will occur in this year.
sr. member
Activity: 364
Merit: 250
May 09, 2016, 09:42:57 AM
I think at the end of the year the value of the coin is not even close to the 500.
everything they keep saying is halving blabla but dont believe them.
hero member
Activity: 998
Merit: 504
May 08, 2016, 02:58:58 PM
I still believe bitcoin will have a high increase. bitcoin is currently already in rates 450USD. and I predict that bitcoin will get 700USD position at year-end 2016. This was reasonable because bitcoin will experience a halving in mid-2016.
You are true, but I think the end of year for $700 is too long, I will say that bitcoin will attend $700 before the halving and after halving it will continue its journey to increase in price much more and at the end the price will cross $1000.
legendary
Activity: 896
Merit: 1000
May 08, 2016, 08:26:14 AM
My prediction for this year, before the end of the year bitcoin will reach the price of $500 at stable price. going up higher than $500 but
it will go down lower than $500.
No, $500 is the highest peak limit for the price of bitcoin,it will reach to a more height and I think the price at the halving will cross $1000 and after that there will be still the chances for increase and at the end it will get some stability.

i think you mixed up a few things. do i understand it correctly if you try to say that the price won't go lower than $500 once the block halving has taken place you think it will even go to $1000 and higher?  if so, then stop dreaming. $1000 will not happen just because of the block halving. people were fantasizing about the price that will go up significantly when it was still below $300. even if you calculate 50% less block rewards will result in a 100% price increase, it won't even go to $1000.
legendary
Activity: 1106
Merit: 1005
May 08, 2016, 07:52:14 AM
I am not for sure that it will be a good year for Bitcoin because there are also a lot of people that is quite negative about the halving because it is not even rising now.
And that is bad for the future because people who already have Bitcoin wants to make profit fast which that is not possible now.

the halving is still months away and the last time the price rose a few months AFTER the halving not a few months BEFORE.

the thing is the havling will decrease supply, as long as the supply is not decreased the price won't respond, and then there's also some lagg because the market takes time to react to the new rate of bitcoin that is being supplied.

so even if some speculators drive the price up by increasing demand (because of expected price rise) the effect of the supply decrease will only really happen after the halving.

some miners might hold on to their bitcoins and thereby already lower supply, because they expect price to rise as well and want to get more profit, however many miners can not afford to keep a large amount of btcoin because they need to pay electricity bills as well.
hero member
Activity: 882
Merit: 500
May 08, 2016, 06:57:30 AM
2016 is nice for bitcoins
hero member
Activity: 2898
Merit: 639
May 08, 2016, 06:29:50 AM
My prediction for this year, before the end of the year bitcoin will reach the price of $500 at stable price. going up higher than $500 but
it will go down lower than $500.
No, $500 is the highest peak limit for the price of bitcoin,it will reach to a more height and I think the price at the halving will cross $1000 and after that there will be still the chances for increase and at the end it will get some stability.
sr. member
Activity: 350
Merit: 250
May 07, 2016, 01:43:01 PM
I think we will see the price of bitcoin around $500 at the time of halving and around $600 by the end of the year, anything above it seems to be impossible.

In the coming days it has got the highest possibility to reach $500 rather than occurring by the time of halving. Halving is expected to give big rise as most users expect $500 to be a price with gradual growth before halving.

Not days, but in a few weeks i think it is normal for the price to reach to 500 dollar. From there let's hope it will be stable again.
legendary
Activity: 3206
Merit: 1213
casinosblockchain.io
May 07, 2016, 01:21:29 PM
I think we will see the price of bitcoin around $500 at the time of halving and around $600 by the end of the year, anything above it seems to be impossible.

In the coming days it has got the highest possibility to reach $500 rather than occurring by the time of halving. Halving is expected to give big rise as most users expect $500 to be a price with gradual growth before halving.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
May 07, 2016, 11:50:36 AM
I think we will see the price of bitcoin around $500 at the time of halving and around $600 by the end of the year, anything above it seems to be impossible.
My prediction at the beginning of 2016 was $500-600 as the maximum for the year. I don't see any reason at the moment to correct it. If all we get this year is halving pump, it should stay on target.
legendary
Activity: 840
Merit: 1000
May 07, 2016, 11:33:22 AM
I think we will see the price of bitcoin around $500 at the time of halving and around $600 by the end of the year, anything above it seems to be impossible.
hero member
Activity: 626
Merit: 500
May 07, 2016, 10:42:53 AM
My prediction for this year, before the end of the year bitcoin will reach the price of $500 at stable price. going up higher than $500 but
it will go down lower than $500.

I am much more optimistic. My prediction is that the price will be double what you said. It is 1000 dollars or more.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
May 06, 2016, 09:05:17 PM
My prediction for this year, before the end of the year bitcoin will reach the price of $500 at stable price. going up higher than $500 but
it will go down lower than $500.
hero member
Activity: 616
Merit: 500
May 06, 2016, 07:24:19 PM
My prediction is that the bitcoin is going to the amount of 800 dollar for sure because of the halving,
I also think the range of the bitcoin and users will grow with some significant numbers.
hero member
Activity: 1204
Merit: 505
May 06, 2016, 04:37:33 PM
I am not for sure that it will be a good year for Bitcoin because there are also a lot of people that is quite negative about the halving because it is not even rising now.
And that is bad for the future because people who already have Bitcoin wants to make profit fast which that is not possible now.
I think there are not a lot of people who are negative to bitcoin and halving, but they are only a few people who are supporting their alt coins, and they want to dump bitcoin with their negative speculations in order to give some support to their altcoin.
This year will be a good year for bitcoin, it is true that there are some people who have negative thoughts about the halving but I think their predictions against bitcoin will come false and they will see the success of bitcoin sooner.
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