Bitcoin prices could leap to $2000 in 2017? - page 7.

AlexM

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Quote from: TrueCryptonaire on December 07, 2016, 02:20:56 PM

If bitcoin will break ATH I think it will peak much higher than 2000 usd.
My guess (without any hard facts backing) is the peak will be somewhere around 3000-5000 usd but the peak of 2000 usd is unlikely as well as above 5000 usd. On the other hand, 2017 could be a repitition of 2013 and the price rises to 5000 usd in the spring season and towards December 2017 it can rise towards 10 000 usd.
Given how gradual the rise is currently it will take a few months before it breaks ATH and once that has happened there the gamblers screaming about 1000 000 usd/btc. When that is the case it is a good time to sell some coins to them.

Great advice. I keep banging on about the fact that Bitcoin should already be at $2000. The eco systems are all good enough to support that price now or even a month or 2 ago. The investors have been there for a while and the price is still nowhere near there. I think it will take another 17 months but... it shouldn't and there is no reason why $3000-$5000 cant happen... nor $10,000 but I doubt either will happen.

Wake me up in 5 years time when we are in a dip and we have reached a low of $5000.

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A month or two ago, I would have said such a thought as $2000 is crazy-thinking. Now...not so sure. I was kinda hoping for a somewhat slower rise than we've had, but I'm not complaining. We're at $910 right now, which is pretty damn good. The market is going to do what it's going to do--I just hope if we get to $2000 it's sustainable.

BigBos

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Quote from: aardvark15 on December 23, 2016, 03:22:30 PM

I just don't see that happening, but with the pump we are having right now, anything is possible. I think we will still see the price drop some if it goes that high.

yes, I also do not see that it's possible, but I guess you're right. anything can happen on bitcoin, even if the price to $ 2000 in 2017 that it might happen if a lot of the economic crisis in the world, or more large transactions that occur using bitcoin.

uki

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Quote from: novemberwoah on December 23, 2016, 09:32:47 AM

Yes many are predicting bitcoin prices in 2017 will increase rapidly. Many experts have predicted that if the price of bitcoin will increase in 2017. Even Daniel Masters, multi-million dollar bitcoin hedge fund, predicts that bitcoin will hit $ 4,400 by the end of 2017. Masters believes that bitcoin adoption will continue to increase, and more companies will accept it as payment. increased adoption of this would encourage investment in technology blockchain.

Ok, but if blockchain technology is attractive by itself that doesn't mean that automatically Bitcoin's price would increase. How about a scenario in which there are completely new coins created by the companies in question to back their blockchain-based businesses?

aardvark15

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I just don't see that happening, but with the pump we are having right now, anything is possible. I think we will still see the price drop some if it goes that high.

kryptqnick

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Wow! Is Trump really making some difference ? Grin

Anyway, I think that theoretically the price can rise up to $2000 but it is not very likely to happen. I guess when the price will go some repressions by the governments will occur. I mean, some influential countries can all buy some btc and thus start controlling the price is they act together. Or some people will start to panic because of some stuff. Or, they'll just need the money to spend on daily needs and thus the price won't become more than $1100.

akasma

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Quote from: sherbaz07 on December 07, 2016, 01:33:00 PM

Today i went through an article published on a website claiming that a report published by a Denmark-based Saxo bank has forecasted the bitcoin price to leap upto 165% or $2000 in 2017 beacause of economic stimulus and aggressive fiscal spendings by Newly elected U.S President Donald Trump. What does you guys think?

I think so but it will reaches this level in middle year .

The_prodigy

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Quote from: sherbaz07 on December 07, 2016, 01:33:00 PM

Today i went through an article published on a website claiming that a report published by a Denmark-based Saxo bank has forecasted the bitcoin price to leap upto 165% or $2000 in 2017 beacause of economic stimulus and aggressive fiscal spendings by Newly elected U.S President Donald Trump. What does you guys think?

This is ridiculous but i don't expect this kind of price bitcoin will not be over that price in year 2017 i know because it will be set a new record once the price of bitcoin will be hit on that price. If donald trump will use bitcoin for economy then bitcoin will be in demand and they will be needing more bitcoin then there are chance that bitcoin will be increase.

novemberwoah

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Yes many are predicting bitcoin prices in 2017 will increase rapidly. Many experts have predicted that if the price of bitcoin will increase in 2017. Even Daniel Masters, multi-million dollar bitcoin hedge fund, predicts that bitcoin will hit $ 4,400 by the end of 2017. Masters believes that bitcoin adoption will continue to increase, and more companies will accept it as payment. increased adoption of this would encourage investment in technology blockchain.

uki

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Quote from: Shiroslullaby on December 23, 2016, 06:33:12 AM

At this point, I would actually believe the price could hit $2k by the END of 2017.
Price is going up fast, but to double at this point after we already had a huge jump would require some big news.
If we had some big service start accepting Bitcoin, or some huge financial change it might be possible, but I doubt natural growth would hit $2000.

Wait till the correction starts, to see where we are. It is definitely too early at this point to make any educated guess on where Bitcoin would sit at the end of 2017.

xIIImaL

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Quote from: Red John on December 23, 2016, 07:11:19 AM

It is already hit almost 1000$, I think BTC will hit the 2k in 2017

This year price doubled because of halving effect, but next year it would not possible big pump. It have a chance to reach 1300$ at most according to me. I think we can some good adoption to get into bitcoin in upcoming years.

Red John

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It is already hit almost 1000$, I think BTC will hit the 2k in 2017

Taki

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Quote from: Shiroslullaby on December 23, 2016, 06:33:12 AM

At this point, I would actually believe the price could hit $2k by the END of 2017.
Price is going up fast, but to double at this point after we already had a huge jump would require some big news.
If we had some big service start accepting Bitcoin, or some huge financial change it might be possible, but I doubt natural growth would hit $2000.

Price is going up so fast that I expect to see bitcoin cost 2000$ in a month already, in the case if the price will continue to grow with the same temp. Bitcoin is just amazing thing that helps to many of us to become a little bit more richer.

Usuadog

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Quote from: Shiroslullaby on December 23, 2016, 06:33:12 AM

At this point, I would actually believe the price could hit $2k by the END of 2017.
Price is going up fast, but to double at this point after we already had a huge jump would require some big news.
If we had some big service start accepting Bitcoin, or some huge financial change it might be possible, but I doubt natural growth would hit $2000.

I think it is more likely between $1500 to $1800. $2000 is more than the double of the price, difficult to reach.

Shiroslullaby

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At this point, I would actually believe the price could hit $2k by the END of 2017.
Price is going up fast, but to double at this point after we already had a huge jump would require some big news.
If we had some big service start accepting Bitcoin, or some huge financial change it might be possible, but I doubt natural growth would hit $2000.

molsewid

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this is impossible it could be $1200 but not $2000 that's a such a huge price so that won't happen because if bitcoin reach $1000 there's a lot of bitcoin users that could actually encash their bitcoins.. so they won't regret it after.. I heard that the price of bitcoin is depending on the investors of it self so if the users wallet lose bitcoin the price of bitcoin will be affected as well so the price of bitcoin could depleted.

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Quote from: Qunenin on December 10, 2016, 11:45:47 PM

Quote from: n0ne on December 10, 2016, 01:07:37 PM

Quote from: iqlimasyadiqa on December 09, 2016, 08:53:28 AM

I predict the price of bitcoin might be in the range of 1200 USD to 1500USD in 2017. the price 2000USD is too high. This will cause some economic system disrupted. but bitcoin will still be a priority choice for me.

Few countries have experienced some financial issues. On account of this big increase in users were found. I believe bitcoin is expected to be around the range of $1000 - $1200. Sudden increase to $1500 is not possible in this short period. If it happens too, it won't sustain similar to the gradual increase.

Then the possibility of the value of the money ain't that impossible since we are almost in thousand before 2016 ends. Many factors including the one stated above are the reason bitcoins not reaching 1500$ by the year end.

A week ago the price about $790 but now in $880, increase more than 10% only a week. I am optimistic in 2017 the price bitcoin hit $2.000, currently priced at $880 and before new year I sure the price hit about $900. 2016 is the best year bitcoin, because prices go up about 3 times.

uki

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Quote from: Farma on December 22, 2016, 04:37:10 PM

Quote from: uki on December 20, 2016, 04:12:15 PM

I don't think we get above $1000k any time soon. We still have to beat the top of this year, let alone getting to $1k. The game is called rising supply, and as long as there is enough new money coming into the game we are rising. As soon as we observe difficulties on the demand side, the price should drop considerably. $2k is completely unrealistic at the moment.

Well, I also do not think that the price of $ 2000 it is impossible that could happen in 2017. I think that it is perfectly possible. but, that is the price really high, and it will be very difficult to achieve such a high price within 1 year. but I would still hope that it will happen.

Well, I see a little problem here. If all you have to back your $2000 prediction is 'your hope' than I am pretty much sure we won't get it next year.
If there are some other arguments to back it, then I would like to hear them.
Otherwise, these are just wild speculations based on wishful thinking and nothing else. and if so, why only $2k and not $1000k? It is an equally unrealistic target.

uki

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Quote from: cpfreeplz on December 22, 2016, 02:23:31 PM

I never would have thought this to be a possibility a few weeks or even days ago but if we break that $1000 barrier woah... watch out world. Here comes BITCOIN!!!

Quote from: uki on December 20, 2016, 04:12:15 PM

I don't think we get above $1000k any time soon. We still have to beat the top of this year, let alone getting to $1k. The game is called rising supply, and as long as there is enough new money coming into the game we are rising. As soon as we observe difficulties on the demand side, the price should drop considerably. $2k is completely unrealistic at the moment.

Rofl!! 1000k ($1,000,000) eh? Ya. I don't think we'll hit $1mil anytime soon either. Cheesy

you got me, there is the typo. I wrote initially $1k in the first post, and then decided to edit it to $1000, not deleting the 'k'. But the sense of my point stays the same.

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Quote from: uki on December 20, 2016, 04:12:15 PM

I don't think we get above $1000k any time soon. We still have to beat the top of this year, let alone getting to $1k. The game is called rising supply, and as long as there is enough new money coming into the game we are rising. As soon as we observe difficulties on the demand side, the price should drop considerably. $2k is completely unrealistic at the moment.

Well, I also do not think that the price of $ 2000 it is impossible that could happen in 2017. I think that it is perfectly possible. but, that is the price really high, and it will be very difficult to achieve such a high price within 1 year. but I would still hope that it will happen.

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