Topic: What will be the maximum cost of bitcoin in 2017? - page 3. (Read 1976 times)
This is a speculation thread. I believe Bitcoin can be around $4000-$5000 by the end of the year if there isn't any HardFork and majority part of the community stay together. If the price will be stable it's hard to answer, because always after a big pump it tends to be very unstable for some time. Use the time you have now to accumulate coins, so at the end of this year you can enjoy a nice profit.
Drop Bitcoin below 2K again and from then on it will take a long time for Bitcoin to go back to where it is, or maybe it won't recover and Bitcoin will just die.
I don't think so. Where do you draw the line from Bitcoin being alive and Bitcoin being dead? If the market goes back to mid 2013 levels, has it died? I for one would still be using it in that scenario. So it would have at least 1 user. 
What do you think?
With the current state of Bitcoin, it seems to be around the 2.3K mark. Bitcoin will be heavily affected by the hard fork that will be coming on August the first. The hard fork can do one of a couple of things:
1. Quickly spike the price of Bitcoin up.
2. Drop Bitcoin below 2K again and from then on it will take a long time for Bitcoin to go back to where it is, or maybe it won't recover and Bitcoin will just die.
3. The hard fork doesn't go through and the price pretty much stays the same
I expect the price of bitcoin to end up around the 3K mark at the end of this year.
Most likely we'll test the $3000 levels and attempt to break for an ATH. That is of course if the bitmain folks won't try to make an altcoin out of BTC.
Most people seem to agree that there are 3 outcomes for BTC.
1. Segwit gets activated, there's no hard fork = pump
2. There's a hard fork and 1 coin wins with overwhelming majority of support = most likely a pump after some perturbations
3. A hard fork divides the community into two equal groups = most likely a dump and split of value
Option 3 is the least probable though.
I agree to you. The value of the bitcoin will become $3000 this year. Most people seem to agree that there are 3 outcomes for BTC.
1. Segwit gets activated, there's no hard fork = pump
2. There's a hard fork and 1 coin wins with overwhelming majority of support = most likely a pump after some perturbations
3. A hard fork divides the community into two equal groups = most likely a dump and split of value
Option 3 is the least probable though.
Most likely we'll test the $3000 levels and attempt to break for an ATH. That is of course if the bitmain folks won't try to make an altcoin out of BTC.
Most people seem to agree that there are 3 outcomes for BTC.
1. Segwit gets activated, there's no hard fork = pump
2. There's a hard fork and 1 coin wins with overwhelming majority of support = most likely a pump after some perturbations
3. A hard fork divides the community into two equal groups = most likely a dump and split of value
Option 3 is the least probable though.
Most people seem to agree that there are 3 outcomes for BTC.
1. Segwit gets activated, there's no hard fork = pump
2. There's a hard fork and 1 coin wins with overwhelming majority of support = most likely a pump after some perturbations
3. A hard fork divides the community into two equal groups = most likely a dump and split of value
Option 3 is the least probable though.
What do you think?
A bit in the wrong thread, if you posted this in speculation it would be better and you would get more answers probably. Well I am pretty sure you know what will happen on August the first, where most likely the hard fork will happen and then if it goes well, I can expected bitcoin growing 500 in day. So I guess the maximum price for bitxoin would be 4000 USD at the end of 2017.
Whatever supply & demand decide mate(apart from the usual FUD).
Take a look here for a deeper understanding:
http://www.econlib.org/library/Enc/Supply.html
Take a look here for a deeper understanding:
http://www.econlib.org/library/Enc/Supply.html
What do you think?
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