I too agree with your forecast and I am too optimistic that bitcoin price will hit 2500 mark before this year ends. However, we can also expect some turmoil as traders will try to book their profit by selling up the bitcoin after every bull run. That may hinder the growth for some time but eventually it will hit the mark.
However, I don’t see this happening within next 3-4 months. Because there are some problems with bitcoin which need to be addressed. Once these problems are addressed and resolved, I see no other reason to stop the growth. $2500 mark at least we can expect within this year.
Topic: bitcoin price forecast 2017 - page 2. (Read 1478 times)
The price of bitcoin this year will mostly depend on whether or not the scaling debate is solved.
If it will be solved, the price will likely get much higher.
If not, it would have a hard time even keeping the current price.
If it will be solved, the price will likely get much higher.
If not, it would have a hard time even keeping the current price.
We can't have new ATH without resolving internal bitcoin scaling problems and war between SegWit vs. Bitcoin Unlimited.
It doesn't matter much that traditional fiat markets are struggling when at the same time Bitcoin hostile takeover is still possible.
We need some serious crisis - much like that in 2008 was, to boost price of BTC to plus $2000 levels.
It doesn't matter much that traditional fiat markets are struggling when at the same time Bitcoin hostile takeover is still possible.
We need some serious crisis - much like that in 2008 was, to boost price of BTC to plus $2000 levels.
I could agree with this. Current problems could cause the serious damage to Bitcoin if they will not be solved soon. And there is a solution we just need a good will. What I'm not so sure is that we need another big crisis, although I would say we are on the very edge of it, and I'm not sure that this would push price to 2000$ or even more.
We can't have new ATH without resolving internal bitcoin scaling problems and war between SegWit vs. Bitcoin Unlimited.
It doesn't matter much that traditional fiat markets are struggling when at the same time Bitcoin hostile takeover is still possible.
We need some serious crisis - much like that in 2008 was, to boost price of BTC to plus $2000 levels.
It doesn't matter much that traditional fiat markets are struggling when at the same time Bitcoin hostile takeover is still possible.
We need some serious crisis - much like that in 2008 was, to boost price of BTC to plus $2000 levels.
I only believe in technology on which bitcoin is evolving. I am not sure if I'm all true about this statement but before all those bank hoes and government bros bitcoin will bring evolution in it's price upto $2000 only when it's technology gets stabilised. Moreover, current advancement in Information technology may promise us to get bitcoin blocks resolved fully by the end of 2017 year. Next 8-9 months are sufficient for this to happen. I believe at least a million people are working to solve this complex beast. A million people is million calculation at a time working around the globe and clock. Few them will result in completely breakdown of blocks and alpha version of bitcoin. All these things make me think, BTC = $ 2000 by the end of 2017 :-)
OP, if you have a detailed breakdown of your $2500-$3500 btc estimate by the end of 2017, I'm curious how you envision bitcoin unlimited/segwit issues being resolved.
$2500-$3500 seems like a good estimate once fork issues are resolved.
There is economic doom and gloom looming on the horizon for banks, governments and fiat which could push btc's price up.
Concerns over fiat and bank instability could produce higher demand for stable btc.
Which in turn could drive the price up.
$2500-$3500 seems like a good estimate once fork issues are resolved.
There is economic doom and gloom looming on the horizon for banks, governments and fiat which could push btc's price up.
Concerns over fiat and bank instability could produce higher demand for stable btc.
Which in turn could drive the price up.
So basically TL:DR, you think it'll be 2500-3500. Meh, that's too high. That's if everything goes perfectly which it is not at the moment. I guess 1800 by the end of 2017 assuming all of the block size issues are finally resolved by someone.
op seemed to expect that much. yes its true that his bracketing of the future price of bitcoin is so hogh jist for this year. maybe it will hit to 2000$ but not as much as his predictions though. there are stillso many issues to be resolved and so many fud that will surely exists that will have big impacts to bitcoins price (increase or decrease). lets just hope that before 2017 ends, bitcoin price will hitmore but not less than 2000$. we know thatmore investors will come soon so it is possible that it will hit that high. 
So basically TL:DR, you think it'll be 2500-3500. Meh, that's too high. That's if everything goes perfectly which it is not at the moment. I guess 1800 by the end of 2017 assuming all of the block size issues are finally resolved by someone.
$2000+ is possible only if that scaling debate ends in a good way.(tbh i don't know what way it is. But i certainly know i only trust bitcoin core, not anything else) If not, we'll be crawling around 1k$ for a very long time. The support below 1k$ is very strong yet it doesn't matter how strong it is if the problems don't get solved. We are losing the market dominance to altcoins. That's a bigger problem than bitcoin's price.
So basically TL:DR, you think it'll be 2500-3500. Meh, that's too high. That's if everything goes perfectly which it is not at the moment. I guess 1800 by the end of 2017 assuming all of the block size issues are finally resolved by someone.
Bitcoin is a decentralized computerized cash that, when mined from the first source code, can be utilized to make grinding less installments. It utilizes the twofold record framework and works free of any national bank.
Or if nothing else that is the specialized meaning of Bitcoin. It should be composed in Greek. To disentangle it, we should comprehend that Bitcoin is not only a certain something; it fills two needs. The first is revolved around the possibility of blockchain innovation, and the second around the possibility of cash.
1:Bitcoin as a Platform
The principal thing to know is that Bitcoin is fueled by PCs around the globe. There is no focal specialist. Individuals join the system to tackle math confuses that open, or rather "mine," Bitcoins from the first code. Once the Bitcoin has been discharged, it can be exchanged starting with one place then onto the next in a moment. No exchange costs, no hold up times.
2:Bitcoin as a Currency
Conventional cash—be it the pound sterling, the U.S. dollar, or the Chinese renminbi—is administered by a national bank, a focal specialist. These national banks issue cash at whatever point they feel it is important to animate the economy, yet doing as such can have results. To be specific, hyper-swelling and the loss of obtaining force.
Following quite a while of unpredictability, the Bitcoin price forecast is at long last on an upward trek through 2017 and past. In only five years, the Bitcoin value (BTC value) ascended from a couple of pennies to over $1,000, which ought to give you some sense in the matter of how much cash early speculators made. Yet, don't stress, our Bitcoin price forecast 2017 demonstrates that there is still more space to the upside.
The bank’s annual report “Outrageous Predictions for 2017” was published in December. It stated the expected increase in fiscal spending by Trump’s administration would cause “US growth and inflation to skyrocket, forcing the Federal Reserve to accelerate its hikes and the US dollar to hit the moon.”
Bitcoin is no more unusual to bubbles. Indeed, there's most likely a Tulip-lunacy propelled tribute out there as of now. In any case, tulips can't store esteem long haul, can't be sent to the opposite side of the globe in seconds, and positively can't live on your cell phone.
Bitcoin Price forecasts and the forecast for the year 2017.I anticipate bitcoin costs in the scope of $2,500 to $3,500 before the finish of 2017. We'll see whether I get an opportunity to repost this toward the finish of the year or no.Bitcoin is an innovation in beta. There are noteworthy administrative and mechanical difficulties that bitcoin can confront. Nobody ought to contribute more than they can stand to lose.
Or if nothing else that is the specialized meaning of Bitcoin. It should be composed in Greek. To disentangle it, we should comprehend that Bitcoin is not only a certain something; it fills two needs. The first is revolved around the possibility of blockchain innovation, and the second around the possibility of cash.
1:Bitcoin as a Platform
The principal thing to know is that Bitcoin is fueled by PCs around the globe. There is no focal specialist. Individuals join the system to tackle math confuses that open, or rather "mine," Bitcoins from the first code. Once the Bitcoin has been discharged, it can be exchanged starting with one place then onto the next in a moment. No exchange costs, no hold up times.
2:Bitcoin as a Currency
Conventional cash—be it the pound sterling, the U.S. dollar, or the Chinese renminbi—is administered by a national bank, a focal specialist. These national banks issue cash at whatever point they feel it is important to animate the economy, yet doing as such can have results. To be specific, hyper-swelling and the loss of obtaining force.
Following quite a while of unpredictability, the Bitcoin price forecast is at long last on an upward trek through 2017 and past. In only five years, the Bitcoin value (BTC value) ascended from a couple of pennies to over $1,000, which ought to give you some sense in the matter of how much cash early speculators made. Yet, don't stress, our Bitcoin price forecast 2017 demonstrates that there is still more space to the upside.
The bank’s annual report “Outrageous Predictions for 2017” was published in December. It stated the expected increase in fiscal spending by Trump’s administration would cause “US growth and inflation to skyrocket, forcing the Federal Reserve to accelerate its hikes and the US dollar to hit the moon.”
Bitcoin is no more unusual to bubbles. Indeed, there's most likely a Tulip-lunacy propelled tribute out there as of now. In any case, tulips can't store esteem long haul, can't be sent to the opposite side of the globe in seconds, and positively can't live on your cell phone.
Bitcoin Price forecasts and the forecast for the year 2017.I anticipate bitcoin costs in the scope of $2,500 to $3,500 before the finish of 2017. We'll see whether I get an opportunity to repost this toward the finish of the year or no.Bitcoin is an innovation in beta. There are noteworthy administrative and mechanical difficulties that bitcoin can confront. Nobody ought to contribute more than they can stand to lose.
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