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Topic: Bitcoin can reach 3000 USD in a year ? - page 9. (Read 7198 times)

hero member
Activity: 1050
Merit: 529
April 26, 2017, 07:57:02 AM
#28
Bitcoin can reach 3000 USD in a year ?
Yes bitcoin can very easily reach 3000$ in a year, but not this year. If the current uptrend continues, I would be expecting BTC to close at $2000 by the end of this year. But obviously, we can't predict it exactly as some big event might turn the tables and bitcoin would be going down. 
hero member
Activity: 1008
Merit: 540
April 26, 2017, 07:18:57 AM
#27
thats so impossible dont you see that bitcoin right now is not increasing its price because bitcoin and the market needed to be balance in order to run it more towards many years but when bitcoin reach the highest peak thats the end of bitcoin because half of the big whales will gonna pull out and sell their bitcoin in order to be rich and right now bitcoin is not taxable because its not a fiat money it is crypto currency thats why i bow satoshi for developing this.
hero member
Activity: 910
Merit: 550
April 26, 2017, 07:01:15 AM
#26
i think it will be hard to reach that price after all the market is unpredictable sometimes bitcoin pumping and sometimes also bitcoin price going on some big dump . as you search about bitcoin pricechart in the internet you will found out that bitcoin price is pumping and dumping so i think for now it will be impossible for bitcoin to reach $3000.
hero member
Activity: 2590
Merit: 644
April 26, 2017, 06:03:33 AM
#25
No, bitcoin can't reach $3,000 price in just a year, even i'm a bitcoin believer, i don't think bitcoin will reach that because the volume of bitcoin in the market is not cheap to just buy bulk and hold, it is around $1.3k per 1 bitcoin so it will cost a lot of money in order to reach $3,000. In my opinion, it will take at least 2 years for bitcoin to reach $3,000.
sr. member
Activity: 392
Merit: 250
April 26, 2017, 05:33:29 AM
#24
Bitcoin can reach 3000 USD in a year ?

This is crazy, I'm sure it will never happen. Bitcoin has been legalized by many countries, indicating that it will affect the economies of those countries, so the government will always take measures to control the value of bitcoin. Even if not controlled, that can not happen, because the value of bitcoin always depends on the market.

Really? Look how small btc's marketcap is rightnow.

It can easily reach 10k when people diversivy their gold and silver bags into btc.
hero member
Activity: 896
Merit: 500
April 26, 2017, 05:25:55 AM
#23
Bitcoin can reach 3000 USD in a year ?

This is crazy, I'm sure it will never happen. Bitcoin has been legalized by many countries, indicating that it will affect the economies of those countries, so the government will always take measures to control the value of bitcoin. Even if not controlled, that can not happen, because the value of bitcoin always depends on the market.
hero member
Activity: 812
Merit: 509
April 26, 2017, 03:46:19 AM
#22
I think that very important question that we should ask is are we talking about 3000 $ net increase, or just bitcoin price rising up to 3000$?
Because if we are talking about the first option, then I would like to say that it is almost impossible with the current infrastructure, the blockchain itself is just not ready to maintain with such a price for one bitcoin, because that would attract massive amount of people.
We are already having issues, which is why nowadays are not so certain like before, it is still not said but there is a high chance of a hard-fork.

All that leads me to the conclusion, that most likely we are not ready to see 3000$/btc in this year, the price is not going to double so quick.
legendary
Activity: 1442
Merit: 1016
April 26, 2017, 03:32:13 AM
#21
Bitcoin can reach 3000 USD in a year ?

This is crazy, I'm sure it will never happen. Bitcoin has been legalized by many countries, indicating that it will affect the economies of those countries, so the government will always take measures to control the value of bitcoin. Even if not controlled, that can not happen, because the value of bitcoin always depends on the market.

The honeybadger will prove you wrong my friend!It's just a matter of time.
If you believe or not! $3000 would mean a marketcap of ~$50 billion! This is still just a drop in the bucket compared with the wolrd wide money supply, gold market, bond market, stock market etc.
You think $3000 is unreachable? See you in 10 years at the latest when we will be in 5 figures. There will be people like you then who will hate themselves not have taken the opportunity to buy some BTC when it was still "cheap".
legendary
Activity: 1442
Merit: 1016
April 26, 2017, 03:21:38 AM
#20
Bitcoin can reach 3000 USD in a year ?

If we could solve this scaling debate issue I would say yes! This is the only reason why we are not really progressing at the moment. Since 2 years we are carrying that rock with us. An activation of SegWit alone could push us up to $2000 just alone in no time and would give us also tremendous potential for future implementations which are already in the pipeline!This means even more boost for future price increases!
But how likely is a solution in the next few months? I have no idea but I hope we will make it this year. Hope never dies! Smiley
legendary
Activity: 3248
Merit: 1072
April 26, 2017, 03:02:21 AM
#19
if russia begin to regulate bitcoin it can reach $1500 without problem, if other country will follow, seeing $3k would not be that difficult either, it's all about adoption and regulation

i think he real boom will be when big merchants like amazon will start to accept bitcoin, but before this happen, bitcoin need to be regulated in many other countries
sr. member
Activity: 756
Merit: 251
Sovryn - 300-500% APY on USDT Deposit
April 26, 2017, 02:59:50 AM
#18
I think it can reach 3000 USD in a year, but it's not this year as there's etf rejection earlier this year and hard fork drama with BU and segwit. Bitcoin is still growing, it need more popularity to reach 3000 USD. Several countries already starting to allow the use of bitcoin in their country, several more country join and the price will jump.
hero member
Activity: 714
Merit: 500
April 26, 2017, 02:42:17 AM
#17
One thing I have learned from bitcoin ever since I have seen how it behaves is that you can’t accurately predict what the price would be in the future. It’s easy to say that at any point the price is going to reach $3,000 or $5,000 but these all seem to me as a hype job to get more people interested in bitcoin. The price has clearly held its own after the FUD regarding hard fork and who knows what’s going to be the next obstacle it is going to hurdle before establishing another solid support.
sr. member
Activity: 504
Merit: 250
April 26, 2017, 01:54:55 AM
#16
Bitcoin can reach 3000 USD in a year ?
i am not sure , 3000USD is bery amazing price for 1BTC . i think can but not this year Smiley
legendary
Activity: 1358
Merit: 1000
Bitcoiner since start, and continue to love it!
April 26, 2017, 01:54:31 AM
#15

I don't know if will reach 3000$ in a year, but in my opinion it will hit 2000 by the end of this year (2017).
The price depends of many factors, so it's hard to predict what will be the value of a bitcoin in the future.
hero member
Activity: 882
Merit: 500
April 26, 2017, 01:51:29 AM
#14
Bitcoin can reach 3000 USD in a year ?
Yes this is possible to get this target easily it is because if we will see in the beginning of the 2016 then we find that the price was about 350$/BTC but now at the beginning of the year 2016 it's price is about 1200+$/BTC that is about 3times more than was in past .
So here if the demand increase ( and also why not will increase , in the current time few countries declared bitcoin legal) then the price will increase atleast to double more .
So this target target​of 3k$ is small , be positive  Wink Because patience in the bitcoin job is a way of success to make money easily .
sr. member
Activity: 364
Merit: 250
April 26, 2017, 01:50:37 AM
#13
If the number of users of bitcoin suddenly soared very high then it is a big possibility. Since bitcoin's value depends on the concept of demand vs supply, if the demand suddenly soared up and continue to increase after that while the supply is not that high enough, bitcoin's value will surely reach 3000USD in just a year. This is very possible since bitcoin is rapidly being known across the globe
legendary
Activity: 3080
Merit: 1353
April 26, 2017, 01:42:48 AM
#12
Bitcoin can reach 3000 USD in a year ?

Its possible to touch $3000 price but I doubt it will be done this year. It the trend continues, it could possibly be hit in 2018. But we all know for a fact that a slight negative news coming from FUD will cause panic then the dumping start. This is only scenario that can bring the market price down. Of course, we don't want that to happen, but this kind of things is inevitable. The good thing about bitcoin though is that it can recover from this kind of angle. We can only hope that for this year that the price will continue to rise so that everyone would be happy at the end of the year.
hero member
Activity: 714
Merit: 500
April 26, 2017, 01:42:36 AM
#11
Bitcoin can reach 3000 USD in a year ?
The way it has come here in the last 12 months or so, definitely there is a strong chance that bitcoin value in the next 12 months may reach that figure if not surpass it, but again, as is the case with with crypto, it cannot be said if it is gonna stay there or not, it might get back to under $1000 in a couple of months after that.
But it growing rapidly, so no one knows where it is gonna go next.
But most probably, its gonna keep going upwards.
hero member
Activity: 546
Merit: 500
April 26, 2017, 01:40:23 AM
#10
Economists are predicting that Bitcoin can reach that value in a year, tho' there are factors to consider, the acceptance and popularity and the bloom of usage of Bitcoin can increase drastically the price. The central banks who takes note of it's regulation is a good influence too. Well nothing is impossible but we must have point on this potential and work hard in this community. Good days are coming. Hang on.
I don't think any real economists are predicting that it'll happen.  It's pretty stupid really - talking about multiplying the price by three in a year.  Sure, it's happened before but those were in different circumstances, when the price was much lower and it didn't need so much of a boost to go that far.

As the now vanished iamnotback pointed out a while ago, it's about cumulative increase rather than just increase.  Once we're at 3000, we'll be talking about 9000 because that would be multiplying by three again.  To reach $500,000 by 2030 would require a cumulative increase of 59% per year - something which could easily be achieved this year with more, and then as Bitcoin comes anywhere near that amount it would slow down.

It's unlikely to ever reach that kind of level but my point is that it's very difficult for a cumulative increase to continue without genuine investor confidence - especially since Bitcoin is no longer as convenient for small transactions as fiat.
sr. member
Activity: 1624
Merit: 267
April 26, 2017, 01:31:11 AM
#9
In my opinion I dont think will happen in this year that the bitcoin price become $3000 each. But I believe the price of $2000 its very possible to happen in this year 2017. If you see the price today the price now is $1300 and I think next month the price will increase at $1500. Your prediction is possible but this year will not happen maybe the year of 2018 or maybe 2019 will happen. But as of Im focus on $2000 price each bitcoin. I dont want to expect to much price.
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