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Topic: My BTC Prediction for 2016.. (Read 5788 times)

hero member
Activity: 2520
Merit: 783
June 24, 2017, 07:31:37 AM
Interesting to come to this thread one year later.

You can add both ends of most people's range and still be too low : 700 => 1700 = 700+1700=2400$.

Impressive !

Truly impressive to see this thread about speculations way back from May 2016.
From $700 and after a year the price just got 4x higher. Can't believe it though. Hope it would happen again next year. My hopes are too high for this.
hero member
Activity: 2520
Merit: 950
fly or die
June 23, 2017, 02:10:57 AM
Interesting to come to this thread one year later.

You can add both ends of most people's range and still be too low : 700 => 1700 = 700+1700=2400$.

Impressive !
hero member
Activity: 714
Merit: 531
June 07, 2016, 12:17:37 PM
My prediction this year is that the value of the Bitcoin is not going to be that high and that it will takes a long time until the value will be higher so we need to wait a longer time.
And that is really bad also because not everyone has the patience to wait such a long time until the value will be higher.

I think the price could be in the range of $800 to 1000. That is after the halving and the block size increase.
sr. member
Activity: 269
Merit: 250
June 01, 2016, 04:03:33 AM
My prediction this year is that the value of the Bitcoin is not going to be that high and that it will takes a long time until the value will be higher so we need to wait a longer time.
And that is really bad also because not everyone has the patience to wait such a long time until the value will be higher.
sr. member
Activity: 476
Merit: 250
June 01, 2016, 12:23:53 AM
My prediction is that the bitcoin is gonna rise a gain to a high amount this year, it will fist go down again and than go to a high amount because of the halving.
Its also globally growing so that will also let the price rise.
legendary
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
June 01, 2016, 12:08:27 AM
High i must say price gone up and i hope it will go even higher this year aybe new high in this year or at least next one
sr. member
Activity: 280
Merit: 250
May 26, 2016, 03:16:26 PM
BTC  will surely gone to 700 us dollar. and highest price will be 1700 us Dollar.
It is not going to be 700 Dollar in 2016 any more. In 2015 I thought that that was going to be possible but the price is moving to slow for that to happen. This is going to happen in 2017.

Not any more? It never had the chance to go there in the first place. I always say; don't judge a book on its cover. What looks like a very slow rising price today, can look completely different tomorrow or the day after that.

Right. and the great bitcoin halving is in this year. everything will be clear after this halving which is coming in July. I think bitcoin price will cross 700$ for sure. even most of users are predicting that bitcoin will cross 1000$ also.
legendary
Activity: 2170
Merit: 1427
May 26, 2016, 03:54:00 AM
BTC  will surely gone to 700 us dollar. and highest price will be 1700 us Dollar.
It is not going to be 700 Dollar in 2016 any more. In 2015 I thought that that was going to be possible but the price is moving to slow for that to happen. This is going to happen in 2017.

Not any more? It never had the chance to go there in the first place. I always say; don't judge a book on its cover. What looks like a very slow rising price today, can look completely different tomorrow or the day after that.
sr. member
Activity: 350
Merit: 250
May 26, 2016, 03:52:28 AM
BTC  will surely gone to 700 us dollar. and highest price will be 1700 us Dollar.
It is not going to be 700 Dollar in 2016 any more. In 2015 I thought that that was going to be possible but the price is moving to slow for that to happen. This is going to happen in 2017.
hero member
Activity: 714
Merit: 500
May 25, 2016, 05:36:37 PM
By 2020 btc holders will be filthy rich Grin Grin

2020 is just 4 years away. If the price double every year, it is just 16 times of present value, or $7000 each.

That is not possible at all, we may see maximum price of $700 by the end of this year and if user adoption goes higher in future then price will be around $2k in 2020.

I've read it before today, but it seems to me people are dreaming out aloud. An asset doubling every year, based on what? This is not going to happen, and it's not the goal of bitcoin.
Rather then to hope/dream, invest in your time in 'important' things.

The bitcoin price has more than doubled every year from 2009. It has ups and downs, the general trend is up.
I guess it is a common thing, up and down. but I think that this year will make bitcoin prices to be higher than in 2014 and 2015, well maybe this is the beginning of the rise of bitcoin

It's already higher then 2014/2015 and my guess the halving effect started very early this time. I don't expect the price to rise much now. For this year a stable coin around the 500 dollar would be perfect for me.

Too much volatility scares away investors... something we should avoid.
legendary
Activity: 1106
Merit: 1005
May 25, 2016, 04:18:49 PM
By 2020 btc holders will be filthy rich Grin Grin

2020 is just 4 years away. If the price double every year, it is just 16 times of present value, or $7000 each.

That is not possible at all, we may see maximum price of $700 by the end of this year and if user adoption goes higher in future then price will be around $2k in 2020.

I've read it before today, but it seems to me people are dreaming out aloud. An asset doubling every year, based on what? This is not going to happen, and it's not the goal of bitcoin.
Rather then to hope/dream, invest in your time in 'important' things.

bitcoin has done far crazier things than double every year, and it's not unheard of for tech companies stocks to also gain value at a rate that is even more rapid than doubling in a year.

sure it won't double every year forever, but it will rise very fast at some point if it ever gets mainstream adoption. It will have to, because there is only 21 million bitcoins to divide over more then 7 billion people.

bitcoin has to be outrageously expensive because plain and simple most people won't be able to afford more than a fraction of a bitcoin (about 0.003BTC is what the average person would be able to afford.)
full member
Activity: 201
Merit: 100
May 25, 2016, 03:17:38 PM
By 2020 btc holders will be filthy rich Grin Grin

2020 is just 4 years away. If the price double every year, it is just 16 times of present value, or $7000 each.

That is not possible at all, we may see maximum price of $700 by the end of this year and if user adoption goes higher in future then price will be around $2k in 2020.

I've read it before today, but it seems to me people are dreaming out aloud. An asset doubling every year, based on what? This is not going to happen, and it's not the goal of bitcoin.
Rather then to hope/dream, invest in your time in 'important' things.

The bitcoin price has more than doubled every year from 2009. It has ups and downs, the general trend is up.
I guess it is a common thing, up and down. but I think that this year will make bitcoin prices to be higher than in 2014 and 2015, well maybe this is the beginning of the rise of bitcoin

If all goes all, including the SegWit implmentation and the block size increase to 2MB, then the price will be higher than $1200.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
May 19, 2016, 11:44:55 AM
By 2020 btc holders will be filthy rich Grin Grin

2020 is just 4 years away. If the price double every year, it is just 16 times of present value, or $7000 each.

That is not possible at all, we may see maximum price of $700 by the end of this year and if user adoption goes higher in future then price will be around $2k in 2020.

I've read it before today, but it seems to me people are dreaming out aloud. An asset doubling every year, based on what? This is not going to happen, and it's not the goal of bitcoin.
Rather then to hope/dream, invest in your time in 'important' things.

The bitcoin price has more than doubled every year from 2009. It has ups and downs, the general trend is up.
I guess it is a common thing, up and down. but I think that this year will make bitcoin prices to be higher than in 2014 and 2015, well maybe this is the beginning of the rise of bitcoin
full member
Activity: 201
Merit: 100
May 19, 2016, 11:23:16 AM
By 2020 btc holders will be filthy rich Grin Grin

2020 is just 4 years away. If the price double every year, it is just 16 times of present value, or $7000 each.

That is not possible at all, we may see maximum price of $700 by the end of this year and if user adoption goes higher in future then price will be around $2k in 2020.

I've read it before today, but it seems to me people are dreaming out aloud. An asset doubling every year, based on what? This is not going to happen, and it's not the goal of bitcoin.
Rather then to hope/dream, invest in your time in 'important' things.

The bitcoin price has more than doubled every year from 2009. It has ups and downs, the general trend is up.
sr. member
Activity: 434
Merit: 250
May 18, 2016, 02:45:17 PM
By 2020 btc holders will be filthy rich Grin Grin

2020 is just 4 years away. If the price double every year, it is just 16 times of present value, or $7000 each.

That is not possible at all, we may see maximum price of $700 by the end of this year and if user adoption goes higher in future then price will be around $2k in 2020.

I've read it before today, but it seems to me people are dreaming out aloud. An asset doubling every year, based on what? This is not going to happen, and it's not the goal of bitcoin.
Rather then to hope/dream, invest in your time in 'important' things.
hero member
Activity: 798
Merit: 1000
May 18, 2016, 01:40:16 PM
By 2020 btc holders will be filthy rich Grin Grin

2020 is just 4 years away. If the price double every year, it is just 16 times of present value, or $7000 each.

That is not possible at all, we may see maximum price of $700 by the end of this year and if user adoption goes higher in future then price will be around $2k in 2020.
full member
Activity: 201
Merit: 100
May 18, 2016, 01:23:13 PM
By 2020 btc holders will be filthy rich Grin Grin

2020 is just 4 years away. If the price double every year, it is just 16 times of present value, or $7000 each.
sr. member
Activity: 449
Merit: 250
don t touch my Bits
May 15, 2016, 09:09:08 AM
By 2020 btc holders will be filthy rich Grin Grin
legendary
Activity: 896
Merit: 1000
May 15, 2016, 07:40:52 AM
The bitcoin price could reach $1000 by the end of the year. But it also depends on the 2MB block size increase.

even with the block halving and the block size increase the price will not go to $1000 this year. it's basically pointless to dream about $1000 while we haven't even seen $500 and $600 yet. and after that there still is $700 - $800 - $900...


My prediction is more optimistic  and i believe you like it , you are right bitcoin will gone to 700$ - $800 - $900, but the highest price of bitcoins will be 1000$. than bitcoin's price will stop and after halving bitcoin price will going down.  

well, there is a huge difference between realistic optimism and not realistic optimism. of course i hope the price to reach $1000 this year, but as i said in my previous post, it won't happen, and definitely not before the block halving. it's better to set yourself some lower targets are you will only get disappointed once you see you are far off with your predictions.
legendary
Activity: 1526
Merit: 1179
May 15, 2016, 05:50:37 AM
I would say if you want to buy bitcoin before halving hits us this the last days to do it. Halving is only like 9 weeks away from now.
And after that I doubt bitcoin price will ever back to $400-$450 range again.
Don't get excited this early as we don't know if the block halving is calculated in the current price or not.

No matter how many people say we will never see this or that price level again they always get proven wrong as the price goes down as much as the big boys want.

If they want to have the price below $400 for a long time then they can easily do that.
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