Can bitcoin rise up to 800$ this year ? - page 59.

romero121

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Quote from: SmartIphone on January 21, 2016, 02:04:15 AM

Quote from: romero121 on January 21, 2016, 01:56:23 AM

Now while experiencing a sudden rise to 415$. I think there are possibilities to reach 800$ only if the value grows in such a way as it has rose from yesterday value

The highest today was $424 and maybe even more in some exchanges and i can say that this year will be interesting, maybe $800 will be reached before the halving when people will start buying lots of bitcoins.

Yes now on this increase people might plan and try to hold and buy bitcoins before halving which will increase the value before halving itself. So soon users are gonna experience some profit than before.

SmartIphone

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Quote from: romero121 on January 21, 2016, 01:56:23 AM

Now while experiencing a sudden rise to 415$. I think there are possibilities to reach 800$ only if the value grows in such a way as it has rose from yesterday value

The highest today was $424 and maybe even more in some exchanges and i can say that this year will be interesting, maybe $800 will be reached before the halving when people will start buying lots of bitcoins.

romero121

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Now while experiencing a sudden rise to 415$. I think there are possibilities to reach 800$ only if the value grows in such a way as it has rose from yesterday value

kingbritain

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With adoption rising and the upcoming block halving I am very hopeful for a price rise but to $800? Only time will tell.

romero121

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Quote from: fuathan on January 20, 2016, 07:09:42 PM

After halving it will be more than that... We will see it maybe in July... Cool

As you said over the second half of the year there may be rise but not the level of 800$. Just may reach to 600$. Lets wait and hope for the best

randchingo

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I think it very much has the potential to rise to that price, it did before a year and risen even more than $1000, if the current demand and recovery pattern continue I think it would be at that range again.

avikz

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I doubt about $800, but I can certainly bet on $550-$600 within 2016.

However, after the Mike Hearn controversy, Bitcoin is recovering sharply and it will get back to $450 level in no time.

Keep dreaming guys!

Nahl

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i would like to answer "i don't know"and i really wish it could be happen especially in the near future but it's very difficult to see this because last time bitcoin price reach to $800 has been a long time ago

Imoote

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With the current state of bitcoin prices always go down I'm not sure this year will reach that number. But do not rule out the possibility that it will happen this year with a record bitcoin prices must continue to rise to rise. If it happens I am sure will reach the figure could be even more.

anzel2002

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kevin go

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really hope it pumped until $800 but not sure it will be happen bcause right now bitcoin got not stable
right now is $400 its 2x price to get $800...let see end of year what will happen

maokoto

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Yes it can. But it is not sure it will. Seems like even with bad press it does not stay under 400$ much time anymore. That baseline will probably be higher and higher, and then some positive event can make go to the 800 mark. It is possible I think.

MyBTT

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Right now it is in a pretty bad place. Maybe after halving we will see the price rise but not by that much.

rapiddog

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I possibly wouldn't hold my breath on it.

mtnsaa

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It's definitely possible, now more than ever since we are coming from a very dark week with the most amount of negative comments I can remember. However even if we can reach it, I don't think it will be sustainable, we should close the year around $500-600 in my opinion.

Hazir

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Without solving the problem with blocksize and clearing the way of resolving other technical issues plaguing bitcoin now, I seriously doubt that we will price higher than $500.
Not to mention approaching halving will either be the same as last one (bitcoin price drop after) or something new and good for the price of BTC.

Za1n

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Quote from: virtualdn on January 20, 2016, 06:52:42 PM

why not, even more, we may see > $1,000 next winter

I agree with this sentiment as well. If bitcoin rises to $800 anytime soon, I believe FOMO will easily push it to $1,000 or more. This based upon factors such as the upcoming block halving, people will be thinking of repeat of 2013, plus there is much more publicity and investment in bitcoin and surround tech that there was in 2013.

7788bitcoin

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Price target of $800 is definitely within the range, especially in the current economy environment.

However, the upcoming hard fork may cause some serious ups and downs so sit tight and enjoy the rainbow ride.

LFC_Bitcoin

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800 USD bitcoin's are definitely possible in 2016, it's not a really unlikely scenario with the halving happening in summer 2016.

We'll just have to wait & see what happens, there is a lot of shit over block sizes going on at the moment.

tobacco123

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I read a previous article about the sustainability of miners. The estimate price to allow the miners to survive is about USD$300 for 25BTC reward.

So when the reward half, the price should be at least $600+- for the miners to survive.

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