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Topic: What's your guess on the price of bitcoin for Jan 2016 and July 2016? - page 3. (Read 4991 times)

hero member
Activity: 616
Merit: 500
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
It's not seasonals, but we can predict btc price from btc history from 2009. It can go down in flash and can going up a bit. It's hard to remember how btc price can going down drastically from $1200 to $800. And then keep going down until today $327.

For now, btc price is too liquid. But they have a great online payment system. and that's why a lot people still hold btc.



I repeat, so far we have too little historical data for bitcoin to be able to predict the price precisely in the long run. That was the meaning of my post above. That is why I believe your argument about price behaviour this year have absolutely nothing to do with what may happen in the next 12 months. And for the reasons I stated above as well, I expect quite different outcome for 2016.
What do you mean that the price is 'too liquid'?



legendary
Activity: 1401
Merit: 1008
northern exposure
Jan 2016?

mmm arround 350$

July 2016?

maybe x2 it, but after the halving i don't expect that this will raise up more and more, i expect that this go down a little bit to stabilize for the next year or so, btw i hope that im wrong and the price of bitcoin stay x10 of july lol
full member
Activity: 168
Merit: 100
Let me guess, i will bookmark this comment url.

On Jan 2016, btc price will be at $300

and on July 2016 BTC price will be at $350

It's like season man, July until December it's time for BTC going up, and Jan it's selling time..
(if you remember last Jan 2013)
Let me disagree. It is hard to talk about seasonals, if all what you have is five years of data. That is one. Number two is that the next year we have halving event, which tends to heavily influence the price. We are still in the area where change in the number of bitcoins available in the block is significant enough to influence the price. That is why this year behaviour won't be reflected in the next year's price action.

It's not seasonals, but we can predict btc price from btc history from 2009. It can go down in flash and can going up a bit. It's hard to remember how btc price can going down drastically from $1200 to $800. And then keep going down until today $327.

For now, btc price is too liquid. But they have a great online payment system. and that's why a lot people still hold btc.

uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
Let me guess, i will bookmark this comment url.

On Jan 2016, btc price will be at $300

and on July 2016 BTC price will be at $350

It's like season man, July until December it's time for BTC going up, and Jan it's selling time..
(if you remember last Jan 2013)
Let me disagree. It is hard to talk about seasonals, if all what you have is five years of data. That is one. Number two is that the next year we have halving event, which tends to heavily influence the price. We are still in the area where change in the number of bitcoins available in the block is significant enough to influence the price. That is why this year behaviour won't be reflected in the next year's price action.
full member
Activity: 168
Merit: 100
Let me guess, i will bookmark this comment url.

On Jan 2016, btc price will be at $300

and on July 2016 BTC price will be at $350

It's like season man, July until December it's time for BTC going up, and Jan it's selling time..
(if you remember last Jan 2013)
legendary
Activity: 1134
Merit: 1000
Hard to give exact numbers, but pretty sure they will be way over $300.

I'd say at least $2500 for june.

January is a bit more tricky, but probably between $500 and $1000.

If it will be such price for bitcoin in this period your will have a little gift from me. Learn my nick (write it in some place to not forget) and when the price will arrive such amount pm me. I will send you as a sign of appreciation an amount of satoshi. This is an official promise. You can stake this my post in order to have it as a prove of my engagement.
legendary
Activity: 1106
Merit: 1005
Hard to give exact numbers, but pretty sure they will be way over $300.

I'd say at least $2500 for june.

January is a bit more tricky, but probably between $500 and $1000.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
I wouldn't expect the price to move much from where it is till the end of the year. Meaning, it would stay at around $300, max. $350 by the start of 2016. As already mentioned in this topic, we have the halving event next July, which would definitely affect the price of Bitcoin. I expect to see its influence already around Eastern 2016 (end of April). From there till July, there is a potential for growth. How much? Very hard to tell something precise now. A lot depends on the global economic sentiment at that very moment. We may as well see new ATH, but for now, I don't see it coming.
hero member
Activity: 504
Merit: 500
I think that the next year will start with a min. $350 of bitcoin price.
Maybe it is much more than now (+42$) or low expectation.
But the price should be increased time by time especially on July when it is the halving period.
legendary
Activity: 1792
Merit: 1283
I'm pretty sure we will see some price increase when the hype before halving starts.
I just hope prices will not increase too much, just to see them crash again after a while.
full member
Activity: 126
Merit: 100
I guess the price will become more higher.
full member
Activity: 168
Merit: 100
A long time ago I bought a house in Canada.  During the previous 12 month the average price was stable and had barely move a dollar. The sales agent told me tomorrow the price will go up $2000.

Hard for me to believe but anyway I signed the papers and bought the house.  One of the things that pushed me to make the purchase was that my girlfriend was at the time crying after I initially told her I don't believe the price will go up and let's wait another week.

 That week I saw in the papers some mention that the house prices had moved up.  People read the papers and started to buy.  In the weeks that followed there were more and more and more reports about price going up and guess what happened ... prices went up.

A year later the same house was being sold for TWICE the price by the builder.

What's my point here.  Well if people think prices will go up then you can bet they do go up !

So what do you "think" will happen to the price of bitcoin ?

By the way I had quite a few friends at that time who wanted to buy but they put in offers after me.  Those guys had the offers rejected so weeks later they tried again and rejected.  It's been a long time but I think the friends never did end up buying.  They were just too late.



I guess by that time the value of the coin will range from $300 to $800.
Good guess right?
hero member
Activity: 504
Merit: 500
I guess that the price of bitcoin by the beginning of January 2016 will be somewhere around ~$270 - $280
But by the July i think that it will reach at least ~$310+ as many things will happen at the time.
There would be a big jump on that time as the block reward will be deducted by 50%, from 50BTC to 25BTC
legendary
Activity: 2688
Merit: 1026
Hire me for Bounty Management
I have already presicted in other thread that bitcoin price will go up in mid November this year and touch 280-290 $ in January 2016.It will fluctuate in between for two months.In July 2016 price will be somewhere between 270-300 $
legendary
Activity: 1134
Merit: 1000
Yes I agree, but if Apple launches the iCoin tomorrow Bitcoin is doomed. Well you get the idea, if an "official" currency is created by a powerful player and goes mainstream Bitcoin will be instantly the new Litecoin and eventually die or remain an alternative to pay for drugs...

I don't think so. Apple has its followers that are to many. Maybe from all over the world But I think that are not never more than the bitcoiners which are followers of this coin since its creations. There are 6 years that bitcoin exist. The iCoin of Apple need 6 years to arrive bitcoin.

But even without this thought, that might not be true, I don't think that the followers of Apple are more than the followers of bitcoin (which will not abandon it, I think). This is only a feeling and I have no data about this. If will happen we will see.

Allright but it's not a matter of followers or not (this isn't a religion or twitter) it's a matter of accessibility and easyness of use. The iCoin will definitely be fool proof simple to use, no scanning barcodes, no impossible to remember addresses, refunds, etc.

It is not a religion but a passion yes. And this is not few. And the most used from all the other coins. Even from big "lions" of market like Microsoft or Dell. But I agree with you. If the new coin will be more competitive for sure will be used more. As I told in my post I don't have knowledge about the new coin.
legendary
Activity: 1568
Merit: 1000
Yes I agree, but if Apple launches the iCoin tomorrow Bitcoin is doomed. Well you get the idea, if an "official" currency is created by a powerful player and goes mainstream Bitcoin will be instantly the new Litecoin and eventually die or remain an alternative to pay for drugs...

I don't think so. Apple has its followers that are to many. Maybe from all over the world But I think that are not never more than the bitcoiners which are followers of this coin since its creations. There are 6 years that bitcoin exist. The iCoin of Apple need 6 years to arrive bitcoin.

But even without this thought, that might not be true, I don't think that the followers of Apple are more than the followers of bitcoin (which will not abandon it, I think). This is only a feeling and I have no data about this. If will happen we will see.

Allright but it's not a matter of followers or not (this isn't a religion or twitter) it's a matter of accessibility and easyness of use. The iCoin will definitely be fool proof simple to use, no scanning barcodes, no impossible to remember addresses, refunds, etc.
hero member
Activity: 756
Merit: 503
Crypto.games
well real estate and bitcoin is completely different.
in real estate the place of it is very very impoprtant.
while in bitcoin it depends on the bitcoin users and hackers...
well anyway for me... bitcoin in 2016 will be higher than today.
but still not that high... this is only y speculation.so still goodluck to us.
full member
Activity: 159
Merit: 100
The price of bitcoin probably wont have changed much by then unless we get some big news. The only thing that I can see pushing the price up is the block halving which is late July I believe but on the flipside if the price doesn't rise considerably it might not be profitable for miners.
full member
Activity: 238
Merit: 100
It will most probably increase a bit compared to price nowaday,
it will be around 349-400 us dollars.
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