What do you think should be the right Bitcoin price as of Februray 2017?

e-coinomist

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Money often costs too much.

Quote from: machinek20 on February 07, 2017, 07:18:28 PM

If everything worked fine i predicted bitcoin will be around 1200$, judging from the user enthusiastic and the bitcoin popularity, but due to the china's government investigation,this has set back the price and transaction volume, so i predicted it will be around 1000$

So I clicked onto "800-1'200 USD" like everyone else, well 75% else. Let's stay realistical, the dreamlike hights are reserved for the days bejond this scaling debate. The gov's interference weights minor on my prognoses, since I am seeing most of the action taking place elsewhere around the globe.

thunderbitz2717

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Quote from: w00t on February 07, 2017, 10:40:25 AM

Hi,
I'm really curious what in your personal opinion the price should be - where do you think we should be in means of adoption and infrastructure.

We currently have price of about $1000 per 1 BTC, do you consider it as about right, overvalued or undervalued in all and all?

Please vote and if possible please explain why you voted in this way below.

Thanks.

My prediction I think it will become 2000-3000$ before end of this year. Why? we actually reached 1300$ almost othen it suddenly crashed down after an hour only, which means there is a big possibilty that can be happen were our bitcoin to hit that amount of price.

andrei56

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Quote from: noel2123 on February 08, 2017, 07:50:03 AM

I don't want to expect big now, I just wish that every month the bitcoin price will increase every month because somehow I'm thinking that if this happens every month then the loyal/old users of bitcoin will benefit because until now they using bitcoin so its just a reward for them.

I prefer big swings in price myself rather than to have stability that way you can sell when the price is high and buy once again when the price gets lower and get more bitcoin by just being aware of the price movements of bitcoin.

DocGTR

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at the moment the price of Bitcoin continues to drop. But let us hope that it will be restored again and will not be until the end of February to fall below 1,000

Pab

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I hope after accumulation at lowel level bitcoin price will comeback to above 1000$ price and in earlyspring like april we will pass all time high.There is now to much rumor from China what will support short sellng
Whan i will see in financial press of my country yet another stupid news about bitcoin crash than will be time to buy
It always work for me

jdmorgan

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The range much realistic is between 800 and 1,200 USD. It is most likely where the Bitcoin will be in February 2017.

I think this is a great thing because Bitcoin need stability.

Tanic

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I think the price in February has to be not lower than 1000$ and the highest point can be whatever. This current price for bitcoin, 1000+$ totally satisfies me. I think this price is perfect for bitcoin.

Sled

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Bitcoin- in bullish time

Let's be realistic. 800-1200 USD Price is a very reasonable price range for bitcoin this february and even for the whole year because we can see that the price of bitcoin is getting stability after a few past months of the year 2017, So it is a good sign that we can expect a higher price soon after a few couple of months since bitcoin is doing a great job.

maku

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Your poll is badly designed. There is only one serious answer: $800-$1200. There is no way in hell that we will reach price of $2000 or higher.
$10.000 is totally impossible, even cumulation of extra bullish news i.e: SegWit acceptance by superconsensus and Winlkevoss ETF approval by SEC both happened, we wouldn't reach more than $3k.

olubams

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I went for 800>1200 because that is the likely realistic possibility even from what we witnessed today that range is the best range. But our suggestion does not really matter whether the price will increase or reduce, i have no input as I don't have the amount that can influence market direction. For those thinking we are going to $2000 anytime soon I guess they will have a re-think.

Amph

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we can think about a easy way bitcoin may grow, by starting from a value of $10 and adds a zero for each additional halving

$1000 by 2017 is an okish price, if remain stable, for 2020 i'm expecting $10k, with the above rule

another rule i like to determien if the current price will be stable is to see if it was reached at least two time with a strong pump and dump, and $1000 was already reached

Fredomago

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Quote from: anonbit992 on February 09, 2017, 03:42:04 AM

Quote from: Gromozeka! on February 09, 2017, 03:21:24 AM

Quote from: topesis on February 09, 2017, 02:46:58 AM

Quote from: cryp24x on February 07, 2017, 07:28:26 PM

Bitcoin price should be at 1200+ if the PBOC has not released a Fud that make the bull run last January to stop and dropping Bitcoin at sub $800. So I guess The price of Bitcoin this February should have been surpassed the ATH and sitting between $1200 and $1300.

I agree with you that the price would have hit that range or even surpass it, but crash would have occurred also and would have been worse than the PBOC interference.

Bitcoin Regarding the graphics may not always show the correct development, recently received another decline due to regular inspection of the Chinese stock exchanges. In February, at least to hold above 1000.

Despite of the PBOC's interference, I am happy to see bitcoin above $1000 mark as usually Chinese market plays a major role in controlling the price of bitcoin and I expect price to crash to $700 as fees are implemented on top Chinese exchanges. I do not know what the reason is for bitcoin not to correct and still staying strong. But I hope this trend will continue and we see the year ending with at least bitcoin at 2000 to 3000 USD.

well we should be happy to still seeing it much stronger and hoping to continue and surpass everything even PBOC's interfering maybe its even getting much more attention since chinese is really big market but there still some force which still holding the price.

anonbit992

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Quote from: Gromozeka! on February 09, 2017, 03:21:24 AM

Quote from: topesis on February 09, 2017, 02:46:58 AM

Quote from: cryp24x on February 07, 2017, 07:28:26 PM

Bitcoin price should be at 1200+ if the PBOC has not released a Fud that make the bull run last January to stop and dropping Bitcoin at sub $800. So I guess The price of Bitcoin this February should have been surpassed the ATH and sitting between $1200 and $1300.

I agree with you that the price would have hit that range or even surpass it, but crash would have occurred also and would have been worse than the PBOC interference.

Bitcoin Regarding the graphics may not always show the correct development, recently received another decline due to regular inspection of the Chinese stock exchanges. In February, at least to hold above 1000.

Despite of the PBOC's interference, I am happy to see bitcoin above $1000 mark as usually Chinese market plays a major role in controlling the price of bitcoin and I expect price to crash to $700 as fees are implemented on top Chinese exchanges. I do not know what the reason is for bitcoin not to correct and still staying strong. But I hope this trend will continue and we see the year ending with at least bitcoin at 2000 to 3000 USD.

Gromozeka!

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Quote from: topesis on February 09, 2017, 02:46:58 AM

Quote from: cryp24x on February 07, 2017, 07:28:26 PM

Bitcoin price should be at 1200+ if the PBOC has not released a Fud that make the bull run last January to stop and dropping Bitcoin at sub $800. So I guess The price of Bitcoin this February should have been surpassed the ATH and sitting between $1200 and $1300.

I agree with you that the price would have hit that range or even surpass it, but crash would have occurred also and would have been worse than the PBOC interference.

Bitcoin Regarding the graphics may not always show the correct development, recently received another decline due to regular inspection of the Chinese stock exchanges. In February, at least to hold above 1000.

topesis

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Quote from: cryp24x on February 07, 2017, 07:28:26 PM

Bitcoin price should be at 1200+ if the PBOC has not released a Fud that make the bull run last January to stop and dropping Bitcoin at sub $800. So I guess The price of Bitcoin this February should have been surpassed the ATH and sitting between $1200 and $1300.

I agree with you that the price would have hit that range or even surpass it, but crash would have occurred also and would have been worse than the PBOC interference.

zuyfg888

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Activity: 490

Merit: 250

Quote from: Doms on February 09, 2017, 01:30:04 AM

Six months ago, I would not have thought that 4 digits prices were not possible. Now here we are at over $1000 and the price is not showing any signs of any major pullback. Personally, I wish it would stay at these levels before making another big push towards $1100, but the bulls are pushing the bears aside at such a strong run.

A very big difference between the old story of bitcoin. Bitcoin value for now is so very volatile and we cannot predict it , whether it will go high or low. A lot of major pullback it would have be, we cannot know what will happen for bitcoin value. In 2017, we should aware what will happen in bitcoin value.

Doms

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Six months ago, I would not have thought that 4 digits prices were not possible. Now here we are at over $1000 and the price is not showing any signs of any major pullback. Personally, I wish it would stay at these levels before making another big push towards $1100, but the bulls are pushing the bears aside at such a strong run.

andrei56

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Quote from: rivoke on February 08, 2017, 11:59:28 AM

Quote from: w00t on February 07, 2017, 10:40:25 AM

Hi,
I'm really curious what in your personal opinion the price should be - where do you think we should be in means of adoption and infrastructure.

We currently have price of about $1000 per 1 BTC, do you consider it as about right, overvalued or undervalued in all and all?

Please vote and if possible please explain why you voted in this way below.

Thanks.

I think it's still undervalue since it may increase until 1200 / btc as we can bitcoin enthusiast increased around the world
Meanwhile more people decide to hold bitcoin because of this event which support bitcoin value

I think the current price is always the right price, if at some point in the future bitcoin reaches tens of thousands of dollars thanks to adoption and new services that only means that is the right price at that time, bitcoin right now cannot reach that price because it lacks the ability to reach it but it has the potential to do it.

asriloni

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Leading Crypto Sports Betting & Casino Platform

The price of bitcoin will not over $1200, I was determining the PBOC's action to prevent the price of bitcoin from going up. Some news from PBOC has released and it always gives negative impact for the price of bitcoin, it looks like the other news will coming. but a lot of the news about the adoption of bitcoin was appearing.

Mbah Slamet

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Even though prices rose dramatically in the bitcoin 1 this week, but the increase is still reasonably appropriate graphics are 1,000-1,300 USD. I'm sure in February prices bitcoin will not be under $1.000. So I suggest to hold bitcoin.

Topic: What do you think should be the right Bitcoin price as of Februray 2017? (Read 1736 times)