Bitcoin price will reach $4000 after halving ? - page 30.

zimmah

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Quote from: harizen on June 05, 2016, 01:41:36 PM

Quote from: Sniper44 on June 04, 2016, 07:41:16 AM

i agree that bitcoin price will reach $4000 after halving but the question is after how long?

i don't think it can get there this year. so it can even take until late 2017 to reach $4000 if everything goes right.

What kind of "everything goes right" scenario you are thinking that can bring the price to $4000 until late 2017 or I will extend it until 2020.

Being a bitcoin believer is normal but don't desire too much.

you still don't get it do you?

let me make this as simple as possible for you

21 million bitcoin

7.4 billion people.

trillions of dollars.

some simple calculations would tell you that bitcoin is way undervalued right now, and $4000 is just the beginning.

and it's not going to take 200 years to get adoption, just like facebook didn't need 200 years for it to gain a couple of billion users.

it's more likely going to take 5 years, 10 years maybe, at most.

not 200, not 20, just 5.

zimmah

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Quote from: Shinpako09 on June 05, 2016, 10:03:43 AM

That would be nice for us but imo the truth is its not a realistic price as of the moment. Most realistic price for me is just $1k-$2k.

ask the people of January 2013 what they thought the realistic price would be at the end of the year.

Surely they would have said $15, $16, or maybe even $20 if they were bold.

They might even have claimed $5 if they were bearish.

Maybe some of them might be extremely optimistic and claim it would go all the way up to $30, but they would be laughed at.

Jokes on all of them, as the price went to $1244 that year, and it didn't even take a full year.

Don't lecture me on what bitcoin can or can't do.

$1000 is a way too low estimate.

Viyamore

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Quote from: expert4knowledge on June 05, 2016, 10:43:35 AM

I think the original poster is extremely optimistic person. I do no think that even it can reach 1000$ though.

I agree chief ,$4000 is too high to expect as now it takes more years even i think and expecting till this end of 2016 it will not as high as $1000 but still if it happens its a good thing for us.

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Quote from: Sniper44 on June 04, 2016, 07:41:16 AM

i agree that bitcoin price will reach $4000 after halving but the question is after how long?

i don't think it can get there this year. so it can even take until late 2017 to reach $4000 if everything goes right.

What kind of "everything goes right" scenario you are thinking that can bring the price to $4000 until late 2017 or I will extend it until 2020.

Being a bitcoin believer is normal but don't desire too much.

n691309

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Quote from: ammy009 on June 04, 2016, 01:30:03 AM

In previous halving price moved $10 to $1000 then dropped to $200 & steady for a long time
So, growth = $10 X 20 = $200

Simple calculation

After this halving price will go $200 X 20 = $4000 ?

Huh

You forgot one detail about the last halving the price didn't pumped x20 immediately, the price was increase after few months after the halving. But i don't think the same scenario will happen this halving. I doubt even if the price will double or not. Seeing bitcoin at ~$700 would be a perfect starting after the halving.

elyas772

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Quote from: Dr.Osh on June 04, 2016, 12:14:57 PM

Quote from: elyas772 on June 04, 2016, 11:22:26 AM

yes looks simple, but it actually traveling bitcoin is very complicated and difficult to predict. $1k at the end of the year was quite.

it remains unclear, there is no information about this halving, maybe it could be would be $ 4,000, but maybe that's just going to be over $ 1,000. clear, we can only look at the current state, may hold bitcoin now is the right choice, because if the price goes up to $ 1000 in a short time, it will be very good

yes means we have to look at the effect of halving until the end of the year, because I think the price will not be immediately increase when after halving occurs.
if the end of the year to touch $1000, yes as you say, it could be increased even further. but do not forget that it can also fall very quickly

expert4knowledge

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I think the original poster is extremely optimistic person. I do no think that even it can reach 1000$ though.

Oralmat

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Quote from: ammy009 on June 04, 2016, 01:30:03 AM

In previous halving price moved $10 to $1000 then dropped to $200 & steady for a long time
So, growth = $10 X 20 = $200

Simple calculation

After this halving price will go $200 X 20 = $4000 ?

Huh

No, i think not after the halving and also not in this year. I really don't understand how you can calculate it. it is a normalastically thinking, because we see now bitcoin is growing up but not become to reach at $4000. But i am sure, bitcoin will be reached this price but after 4 or 5 years ago. If it will be happened after the halving, so what can we do in the HALVING?

Traderx

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not after halving but after 2016, think in 2017 is possible

Shinpako09

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That would be nice for us but imo the truth is its not a realistic price as of the moment. Most realistic price for me is just $1k-$2k.

Daneric

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There is much anticipation of an explosion in the bitcoin price after halving. To me, I think this is just a hype that will pass with the clouds because after the previous halving, there has been a drastic change in the use of bitcoins. People are now using it more than before and i don't think it will reach to that point of going beyond $ 1,000.

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Quote from: partysaurus on June 05, 2016, 05:50:56 AM

1000 seems more likley then 4000 both are very high.

Yeah with the growth percentage it seems $1000 to be something realistic and reachable price within a short term as halving is gonna happen within few months.

partysaurus

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1000 seems more likley then 4000 both are very high.

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Quote from: shane on June 05, 2016, 04:52:14 AM

Quote from: Cybertron00 on June 04, 2016, 11:48:08 PM

Well maybe man maybe not because it is not certain what price will bitcoin be after halving its either higher or lower Grin

if I look at halving previously, it was increased to $1000 more, but the current situation is different. but maybe it would be the same if we look at the current prices continue to rise fast enough

Back then the ATH was mainly the result of the MtGox bot that was ruling the entire market with its endless supply of (non existing) money.

shane

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Quote from: Cybertron00 on June 04, 2016, 11:48:08 PM

Well maybe man maybe not because it is not certain what price will bitcoin be after halving its either higher or lower Grin

if I look at halving previously, it was increased to $1000 more, but the current situation is different. but maybe it would be the same if we look at the current prices continue to rise fast enough

Cybertron00

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Well maybe man maybe not because it is not certain what price will bitcoin be after halving its either higher or lower Grin

tonytumble

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bitcoin is too volatile to keep a stable price for a longterm period. It will rise for sure with the halving, this stage (of pricegrow) already started +1 months ago. I predict a pricerange of 800 - 1200 USD during couple months after halving. But not really sure how long this will last. We will see a lot pump and even more dumps.. The big thing is, this is all about math. But only few understand this.. One day +21 mio people will be aware of bitcoin and have interest of owning at least ONE of this unit. A whole BTC unit. this will be the time when btc will reach values we never dreamed of. A lot of the people here are not interested in bitcoin becoming mainstream alternative payment system to be used instead of fiat-currency. Most are here for a "fast buck" and forget about the real "value" of this project. well anyway - lets see what happens.

expert4knowledge

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Quote from: Wendigo on June 04, 2016, 08:17:53 AM

Do you guys remember the Wall Street specialists who predicted the price of Bitcoin would shoot up to $5000 in 2014? They said that right after the price reached $1250 in 2013. Well what happened after that was the price dipped below $200 and nothing in their speculations turned out to be right Cheesy

I think we must be very happy if the value of Bitcoin at least doubles after the halving as this means everyone will be making a profit miners included also so no one will need to shut down their Bitcoin business. $4000 is quite a big amount but anything is possible and the Bitcoin market could certainly accommodate this price after a pretty big pump though.

I think there are lots of instabilities and uncertainties that no one can predict values of oil, bitcoin, gold and.., also 4000$ is not easily achievable, even now!

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I'm willing to put my head (not money) that it won't. I predict ~120 USD range.

Yakamoto

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I would be incredibly surprised if Bitcoin broke even $1000, let alone $4000 after the halving rolls around. You're looking at an insanely high price, and a new all-time high at that. No way it is happening this year.

Maybe in 8 years or so the value might teeter around something like that, but definitely nothing like that right now.

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