I think we have already seen the pre-halving bump.
Halving is not at question, it has virtually a 100% probability of happening.
So, the market should already have priced this event in.
I do anticipate continued accumulation from Chinese, American, and European investors. This will result in a steady rise, not spikes.
Topic: Current Sentiment Poll - page 2. (Read 2979 times)
Obviously bitcoin's price will rise upto a greater extent what is until now.
After the next reward halving it will soon reach a price of $850 and might stay there until December when it will lower its limit due to most hoarders selling them for buying holiday gifts.
In general bitcoin is at a stable and a significant position as of now.
So I think there is no need to worry about other speculations and discussions regarding Bitcoin Classic, although it might take another year to fully implement those phenomenal changes.
So lets just forget all those controversies and enjoy the fruits of Satoshi's tree.
After the next reward halving it will soon reach a price of $850 and might stay there until December when it will lower its limit due to most hoarders selling them for buying holiday gifts.
In general bitcoin is at a stable and a significant position as of now.
So I think there is no need to worry about other speculations and discussions regarding Bitcoin Classic, although it might take another year to fully implement those phenomenal changes.
So lets just forget all those controversies and enjoy the fruits of Satoshi's tree.
it is really hard to speculate with all the drama which is surrounding bitcoin these days. the market can go either way depending on how things turn out to be like. if the drama gets bigger it can even go down.
but if it is solved, especially around the halving time, i would expect a mega-bubble happening very easily in a short time hence reaching a new all time high.
but if it is solved, especially around the halving time, i would expect a mega-bubble happening very easily in a short time hence reaching a new all time high.
Lol Kwukduck. I don't think things will be that bad by any stretch of the imagination, but sentiment is pretty bleak lately. Who knows, though? We could have the best year yet with a little bit of good news. Look what happened with all of those altcoins recently. We might have some really great trading days--but hopefully not as volatile as the altcoin market.
I thought Bitcoin halving speculation gives us new ATH but I think that's not possible anymore. Price is too low for 2016. I think it will rise but not reach all time high this year. Maybe 700-800$ will be the new band.
Bearish in the short term.
It will not reach ATH, imho.
I agree. 2017 will be ridiculous though.
It will not reach ATH, imho.
I think there will be a massive pre halving pump that will cause the price to possibly come close to $800-$900. It will however not last long as the price will come down to $500-$600 after all the dumping of coins that people have been saving up.
I am holding but... the future is looking like gov controlled crypto will be the norm... any opinion against your ruling power will land you in able to use your wealth... slavery at it's finest.
I'm fully expecting a "Megabubble this year fueled by halving mania". There is just too much going on around bitcoin at the moment and the trend is still clearly pointing upwards. We faced some bad news and corrections, but that is to be expected. It is about time we got a good hype again that pushes the price of bitcoin and altcoins to previously unheard of levels.
Bitcoin will hit 1800 this year is my expectation, and litecoin will go to around 80. Other coins probably rise in the same percent range as litecoin, with some exceptions of hyped coins.
Imo this will be an interesting and fruitful year!
Bitcoin will hit 1800 this year is my expectation, and litecoin will go to around 80. Other coins probably rise in the same percent range as litecoin, with some exceptions of hyped coins.
Imo this will be an interesting and fruitful year!
Whats your vote AF?
I'm still leaning towards megabubble
This is an interesting and very good way to have real data about something (whatever can be). Very different from these threads who tell: will be 560 us dollar or will reach 987 us dollar. Very different even from those which ask fixed price. Having reasonable options to chose is a scientific tool which measure with acceptable precision (the amount of which depends only by the number of votes) the "humor" and the expectations of the people of bitcoin. Its interesting to see the results of this poll and it would be better that OP first and all the others find ways to spread it as much as it would be possible. More are the voters more everyone will know the overall thoughts of our community. Its interesting to read even the arguments which might give everyone regarding its choice. I can tell that I voted the second option and don't have any particular argument in favor of my choice. It is only (as it told by OP) what I feel about the possible price after halving. I hope to have big wrong and what I feel be a big mistake.
Thanks, yes I hope results could be quite revealing
Just curious what peeps are thinking is in store for bitcoin. Where is bitcoin heading in 2016?
bearing in mind we are still only in January just now.
bearing in mind we are still only in January just now.
This is an interesting and very good way to have real data about something (whatever can be). Very different from these threads who tell: will be 560 us dollar or will reach 987 us dollar. Very different even from those which ask fixed price. Having reasonable options to chose is a scientific tool which measure with acceptable precision (the amount of which depends only by the number of votes) the "humor" and the expectations of the people of bitcoin. Its interesting to see the results of this poll and it would be better that OP first and all the others find ways to spread it as much as it would be possible. More are the voters more everyone will know the overall thoughts of our community. Its interesting to read even the arguments which might give everyone regarding its choice. I can tell that I voted the second option and don't have any particular argument in favor of my choice. It is only (as it told by OP) what I feel about the possible price after halving. I hope to have big wrong and what I feel be a big mistake.
I used to think Bitcoin would reach a new ATH, but I lowered my prediction to a new high of $700 this year. That's why I vote for the option ; will rise but not reach all time high.
I think this year will be solid but unspectacular with a side order of potential chaos if we all go fork crazy.
i'm between, "there will be a megabubble, but since everybody expect it, maybe actually there will not be any megabubble" and "there will be a price increase with multiple bubble, until we break the last ath"....
I see two possible scenarios
1) Issues get solved, then a big raise happens due to euphoria, although a doubt an all time high
2) Issues are not solved, so it slowly scales to 450-500 again, perhaps sustaining that value.
1) Issues get solved, then a big raise happens due to euphoria, although a doubt an all time high
2) Issues are not solved, so it slowly scales to 450-500 again, perhaps sustaining that value.
Most likely by the end of the year it will reach up to $700 at most (as if everything goes it's way - best case scenario).
1. Issues getting sorted out √
2. Halving near √
3. Increase in demand (overall not late events of dumping) √
Base on those (I might have missed some) it will surely be an upscale going toward the end of 2016.
1. Issues getting sorted out √
2. Halving near √
3. Increase in demand (overall not late events of dumping) √
Base on those (I might have missed some) it will surely be an upscale going toward the end of 2016.
i think price is going to be totally reliant on how the block size debate ends. it might even negate the halving effect to some extent.
kwuck is always ducking around here from the beginning of the time.
Wow a kwuckduck vote already, wonder if that was from the actual kwuckduck?
kwuck is always ducking around here from the beginning of the time.
It will take 4-6 months before market can digest the halving effect. I'm predicting $600 in November/December, not before. $600 will be the top for the year.
Jump to: