Poll: What will be the high price of Bitcoin in 2016?

bit1

legendary

Activity: 938

Merit: 1000

Quote from: robinH on February 14, 2016, 04:52:28 PM

My rough guess is anything between $500 and 700$.....wonder what Nostradamus would think

Maybe he must have left something in his quartets but how hard would decipher it. But yes agree with you, I was thinking until $800 but $1000 could be feasible.

Ruzka

hero member

Activity: 826

Merit: 1000

No option for me to vote for lower than $465?
If I could I would but as I can't I will go for the closest number to it as above $465.
I hope I'm wrong and we get a huge halving pump but I can't see it, I see the opposite.

robinH

full member

Activity: 137

Merit: 100

My rough guess is anything between $500 and 700$.....wonder what Nostradamus would think

pneumatic5

full member

Activity: 238

Merit: 100

★Bitvest.io★ Play Plinko or Invest!

I think it will be around $600 at the end of the year 2016 at it seems to quiet achievable looking at the present growth of bitcoins, and I believe its a descent value to hold.

European Central Bank

legendary

Activity: 1288

Merit: 1087

$550. That's definitely within the realms of possibility. Nothing too crazy's gonna happen in 2016 in my opinion.

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: NeuroticFish on February 14, 2016, 09:40:37 AM

500, maybe 600, but not really more... normally.
Of course, a lot dream now of 10k or such bubbles, but the chance for them is small.
10k is a price we should talk about only in a good couple of years...

A price of $10k in 2016 is definitely not realistic as long as we won't see any final doom days in the tradiotional financial markets.
To reack 10k we will need many more years I think.
And a forecast for this year I really have no idea.Everything between $600-$900 would be great.More than $1k (stable) would be awesome.

NeuroticFish

legendary

Activity: 3668

Merit: 6382

Looking for campaign manager? Contact icopress!

500, maybe 600, but not really more... normally.
Of course, a lot dream now of 10k or such bubbles, but the chance for them is small.
10k is a price we should talk about only in a good couple of years...

lister storm

hero member

Activity: 770

Merit: 500

it might be a thousand dollars per bitcoin because of the halving that will happen though it is just my guess

avw1982

hero member

Activity: 644

Merit: 500

Quote from: Alonzo Ewing on January 11, 2016, 01:13:31 AM

I voted $4000. I seem to be more bullish than most.

That's funny. May be it will reach up to 1000$ to 1200$ not more than that. Many speculations telling that is maximum amount we can bet due to block halving.
Better take a time buy bitcoin now and utilize it When it reaches to high price. I mean after halving.

2legit2

sr. member

Activity: 406

Merit: 250

will be not more than 800$, it just cant rise so fast, from 400$ at start of 2016 to 1000$ at end of 2016, it just can't

Alonzo Ewing

legendary

Activity: 1040

Merit: 1001

I voted $4000. I seem to be more bullish than most.

traderbit

hero member

Activity: 798

Merit: 1000

The higher price which can be reached this year maybe 1,000 dollars and maybe will go back at a lower target.

richardsNY

legendary

Activity: 1232

Merit: 1091

I think the highest price in 2016 will be between $1200-$1500. I hope the stable point will be above $1000 when people will start to sell after the block halving.

Junko

legendary

Activity: 1512

Merit: 1000

My guess for the high of 2016 would be in the mid to upper $2000's and I wouldn't be surprised if it broke $3000 at all. I don't think this will happen until well after the halving though, like three or four months after.

JavaLove

sr. member

Activity: 434

Merit: 250

Streamity Decentralized cryptocurrency exchange

It will keep hitting highs in 2016, I believe.

Not too sure, by the trends, that it will hit the anticipated $1000 mark this year but definitely next year.

I predict around $900 by the end of this year and roughly $1000 by the end of Q2 2017.

Altynbekova

sr. member

Activity: 476

Merit: 250

I will to like to see more than 1500 dollars.

In my mind I am just thinking bitcoin will just reach at 1200 dollars again.
Than later it will drop because it won't be stable enough in that high price.

MissionPhailed

hero member

Activity: 583

Merit: 503

Voted $1000. To be more specific; it'll spike once or twice shortly above $1000 but I think the median price will be much lower. I'd guess from roughly $400-450 nowadays to around $650-700 in the last months of this year. New ATH this year? I'm not sure but it'll be a close call.

In other words; I'm cautiously optimistic about Bitcoin this year.

mobnepal

legendary

Activity: 1218

Merit: 1006

I think it will be anything between 800 to 900 because it will be hard for price to go over 1k (past ATH) because there we may see some large selling offers. I have voted for 900.

r0ach

legendary

Activity: 1260

Merit: 1000

The worst case scenario is $800s peak and dump to $600s, while best case scenario is probably $1600-$3200. If there's another 2008 crash this year, which the odds seem to be 50% or more, then it can easily hit $10k-50k. It only requires the 16 million millionaires on earth hedging with 1% of their wealth ($10,000) to hit that number, and that doesn't count people with more money like billionaires, corporations, people with less money like average citizens, or countries and banks buying Bitcoin as part of a reserve.

Bitcoin price is also denominated by it's float. Since most Bitcoin is hodl'd and doesn't even move, the coins that are mined and dumped play a large part of the float. If demand is static, removing 1/2 of the float for gasoline doesn't make the price go up 50%, it goes up exponentially, so there's that to consider.

So yea, if you think another 2008 crash is going to happen soon, then you'll likely see very expensive, something like $10,000 Bitcoins this year.

kwukduck

legendary

Activity: 1937

Merit: 1001

Where is 450? I'm pretty sure we've hit the top.
Fundamentals are still problematic and the halving is already calculated into the current price.
When people realize all the problems of bitcoin and the predictions of a big price increase at the halving doesn't happen a major crash is guaranteed.

Topic: Poll: What will be the high price of Bitcoin in 2016? (Read 1331 times)