Topic: What are the chances to reach 1,000$ this year ? (Read 2391 times)

actually i see some of people who speculate bitcoin will be reach to $1000 again in this year several times
but i'm not so sure it would be happen in this year

Other than block halving, the new ASICs and world stock slow down are other supporting events which are highly positive for bitcoin prices to reach $1000 levels again. I strongly believe, before halving itself bitcoin prices will test $1000 levels.

With the block halving i think there is a big chance the price will go back to 1000 again.
It should be followed up with some news about a crisis, like we see and hear on tv.

No way it will happen this year or next year.
We have to embrace the current price since it was achieved by some money pumping from some big whales/investors.

With momentum building up since last months we are doing great. Although we have to have another pump either this month or next month.
Else momentum will be gone and we have to wait again.

I think the chances of reaching $1,000 sometime this year were good even if there was no halving happening this year. The fact that the halving is happening pretty much guarantees it in my amateur opinion. I think the biggest rise in price will come a few months after the actual halving as it did at the last halving.

I think we will reach it before or during the halving. And I hope for more because we will see some greedy guys cashing out.
Thefore a new ATH could be helpful to reach nice valued low after these dumps have happened.

we have a chance of halving by mid 2016 and I really wish we could reach $1000

over the course of the full year, I think there is more chance it will, than it won't imho

Provably no it will not happen 1000$ is high maybe in the future but for now we need to wait for halving ends and it will rise above 500 to 600.

As i think after block halving there is good chance for it to reach over $1000.

for sure. the only downside from the media is that it will also bring in yolo investors that will sell their coins directly once the bitcoin price doesn't go up as much as they were hoping for. we have also seen this when bitcoin reached $1000 in 2013. these kind of "investors" are very impulsive and can't handle dumps. they sell instantly when the price goes down.

Bitcoin can reach everything depending from some factors. First of all (which have even the most higher percentage in overall percentage of all factors) is its spread and its use. The spread will bring new people in it which will want to have at least 1 of it. The use will increase the need to have more and continually. Otherwise have not nothing to use. The rhythm of the increase of two factors will rule about 80-90 percent (according to me) the increase of price. More higher will be spread and the use more higher the price. Even more fast. Then in the long term the most important one (even more important of the above) is its regulation and legalization in at least the most developed countries. Without this factor bitcoin will have always a dubious status which can affect not few everything has to do with it.

As about the halving normally can be an increase. But the figures it is hard to be calculated since don't exist data to be analyzed. There can be told something in favor of increase because of the double amount of transactions in 2105 compared to 2014. But yet is not clear the structure of this increase. Are the same people who use more the bitcoin or are new people who want to own it and have increased the real demand. For sure are both but only this cannot give nothing regarding the price after halving. We cannot know what is the real demand for bitcoin. And this make difficult a based forecast of its price after the halving.

Surely bitcoin will hit the headlines again when it hit $1000 price levels. But we need to take it into it's previous high. Just a another bump will lead bitcoin's price to those magic price levels for sure. Halving and recent hash rate increase are some of launch pad towards $1000.

speculation and the media will play a big role in the before halving price. if there is enough speculation that it will possibly break through $2000, then we will hit $1000 easily. for that to happen we need the media to cover bitcoin just like they did the previous time when bitcoin reached $1000.

It's very unlikely. It means bitcoin has to double in volume at least 1 time.
Which has happened but as we all have seen the market sentiment has changed.

The big whales were able to push the price to 500 USD for just minutes before the market reacted.

I think we will see $ 1000  with 80 % probability just 6-8 weeks ago from the block halving or with 20% probability after September 2016.

I don't this will happen in 1 year.
You do understand the price will have to double at least for this to happen?

Looking at the stock market in China today, I would say the chances to reach 1,000$ in 2016 are pretty high.

You're right about the bot, it was manipulated. but last month's increase was all about supply and demand.
So in that regard you are wrong, the price rise now is caused by whales buying in.