When do we cross the 1000 USD barrier? - page 6.

jay8291

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Quote from: cpfreeplz on November 24, 2016, 03:28:49 PM

Well it seems that the OP was a little too hopeful. It really doesn't look like we're going to hit $1000 by December. Maybe 6 months from now would be more realistic.

Quote from: jay8291 on November 24, 2016, 03:02:29 PM

Bitcoin price of $1000 has been achieved in India. It just went to $1000 today itself.

Do you mean on exchanges or just that people are paying much above exchange rates?

Yeah, a sort of exchanges for buying and selling bitcoin. Due to short of supply with the exchangers the price has already reached $1000. Slightly down now.... 20-25% premium rates in India that the original rate...

cpfreeplz

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Well it seems that the OP was a little too hopeful. It really doesn't look like we're going to hit $1000 by December. Maybe 6 months from now would be more realistic.

Quote from: jay8291 on November 24, 2016, 03:02:29 PM

Bitcoin price of $1000 has been achieved in India. It just went to $1000 today itself.

Do you mean on exchanges or just that people are paying much above exchange rates?

Jaxelrell

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Its hard to tell when it will happen but I think it will be around February if I stays rising and grow like it is right now.

jay8291

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Bitcoin price of $1000 has been achieved in India. It just went to $1000 today itself.

john2231

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Quote from: NorrisK on November 24, 2016, 02:38:04 PM

800 usd is still too far away to think we will reach 1000 any time soon.

My guess is that it will take atleast until January or February to reach a price of 1000. After that, it will likely take off and we will see very interesting price developments after that.

Yeah for now it is impossible to reach 1k value soon and i think it can be happen in the following year but this following month even 800 value is impossible to reach.. but we are not fortune teller to know if it will not happen there is still possibility that the price will hit or touch even in 800 value.. because we are heard some news like in paris that 20 stores are accepting bitcoin right now.. so i think if this following month if there is another news that can be good image for bitcoin maybe the price can be still touch into 800 value if we are lucky it can touch until 900 value..

TDutch

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Quote from: RotterdamBitcoinCapital on November 03, 2016, 04:14:03 AM

The train is leaving the station. Even though it is a bumpy track, we are accelerating!

The big question is: when to cross the magic 1000 USD barrier?

My guess: 3rd of December 2016

This year? Nooo, I do not believe that. Maybe next year, maybe 2018.

NorrisK

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800 usd is still too far away to think we will reach 1000 any time soon.

My guess is that it will take atleast until January or February to reach a price of 1000. After that, it will likely take off and we will see very interesting price developments after that.

TheBobman

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Quote from: lite on November 23, 2016, 02:25:26 PM

I'm hoping to see bitcoin cross $1000 mark on global exchager site within end of this year. bitcoin is being traded at $930 on some Indian exchanger site.

Lets hope on it but I do not think it will 1000 dollar is a big amount and I think it need more time to achieve this number if I have to be honest.

The_prodigy

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Quote from: RotterdamBitcoinCapital on November 03, 2016, 04:14:03 AM

The train is leaving the station. Even though it is a bumpy track, we are accelerating!

The big question is: when to cross the magic 1000 USD barrier?

My guess: 3rd of December 2016

Let me guess i think it's going to corss the $1000 Barrier next year june 2017 and please do quote this for me so that you people are going to remember me if this happen and also reward mo for my prediction haha i know this gonna happen for real and i believe in this believe in bitcoin and nothing is really imposible.

Exoskeleton

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Quote from: 1Referee on November 24, 2016, 07:06:45 AM

Quote from: talkbitcoin on November 24, 2016, 06:27:40 AM

the $1000 price has indeed turned into a big barrier in front of bitcoin and i think it is going to be the toughest barrier of all times to break. and that is only because so many people are expecting that price, we can clearly see this from the comments in this topic alone, and this little expectation will create a lot of selling when the price reaches around $1000

Some people think very easily about the price to reach the $1000 level, while in fact they have no clue how much buy support it takes to maintain that price for even a day or two. That's why I also believe that even if we do reach that price level, that we will go down significantly where the price might even fall below $900 again. We'll need several attempts to sustain that price. And each of these attempts may take 6-12 months time. Right now we first have to make sure we maintain our position above the $700 levels, and that already is a more than difficult task. It doesn't take much to get the price to dive below $700 again. Imagine how that will be when we are sitting around the $1000 level. Wink

This brings up a very valid point about support and the importance of having it in spades. I won't repeat what was said above but I'll say that its spot on. Bitcoin going above $1,000 is no easy task and for it to hold above that level its going to take at least another year or two in my opinion. I think we have quite a long way to go still and nothing is guaranteed. I could see us in a $650-$850 range for the next few years sadly. While I hope and pray for $1,000+ I honestly don't count on it anytime soon. I think around $880 will be the top till 2018.

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by June, according to to a thread here in speculation

1Referee

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Quote from: talkbitcoin on November 24, 2016, 06:27:40 AM

the $1000 price has indeed turned into a big barrier in front of bitcoin and i think it is going to be the toughest barrier of all times to break. and that is only because so many people are expecting that price, we can clearly see this from the comments in this topic alone, and this little expectation will create a lot of selling when the price reaches around $1000

Some people think very easily about the price to reach the $1000 level, while in fact they have no clue how much buy support it takes to maintain that price for even a day or two. That's why I also believe that even if we do reach that price level, that we will go down significantly where the price might even fall below $900 again. We'll need several attempts to sustain that price. And each of these attempts may take 6-12 months time. Right now we first have to make sure we maintain our position above the $700 levels, and that already is a more than difficult task. It doesn't take much to get the price to dive below $700 again. Imagine how that will be when we are sitting around the $1000 level. Wink

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Quote from: lite on November 23, 2016, 02:25:26 PM

I'm hoping to see bitcoin cross $1000 mark on global exchager site within end of this year. bitcoin is being traded at $930 on some Indian exchanger site.

Even bitcoin is traded on india for the insane price of $930+ because the demand is high and exchangers do lack of supply of it but it doesnt mean that bitcoins price will idealy be like that on this year. I really dont think it will reach that amount on year end maybe on $800 is possible but on $1k maybe next year would be a realistic guess.

talkbitcoin

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All I know is that I know nothing.

the $1000 price has indeed turned into a big barrier in front of bitcoin and i think it is going to be the toughest barrier of all times to break. and that is only because so many people are expecting that price, we can clearly see this from the comments in this topic alone, and this little expectation will create a lot of selling when the price reaches around $1000

uki

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Quote from: RotterdamBitcoinCapital on November 03, 2016, 07:54:57 AM

My prediction is based on the current acceleration path. Of course the trendlines can change, but let's just suppose that this robust bullish trend continues:

-snip-

I guess you need to zoom out your chart a little bit, just to see this current year entirely.
Then you will see a double top looming, and I guess you know what it means.
$1k is nowhere close at the moment, and definitely not within the next two weeks.

Caladonian

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Quote from: BrockHunter on November 23, 2016, 10:51:04 PM

Its hard to tell when but I think that we will see this at the next year indeed than there are some good chances that this will occur and the price will break the barrier.

that's still our hope mate we are still waiting and hope everyone will help to make it happen we just need to keep the chain circulate and attract more and more new players and investors so establishment will be attracted too making their moves to create system that allow btc payment to their services hope before this year ends we already achieve it..

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Quote from: lite on November 23, 2016, 02:25:26 PM

I'm hoping to see bitcoin cross $1000 mark on global exchager site within end of this year. bitcoin is being traded at $930 on some Indian exchanger site.

I also hope so that at the end of 2016 or just in the beginning of 2017 bitcoin will easily cross the 1000USD level very easily as people are very much confident about about and they are investing their assets more and more in bitcoin that is why the price of bitcoin is increasing regularly, Hope that if this rally continue for some time the price of bitcoin will easily cross 1000 USD level.

BrockHunter

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Its hard to tell when but I think that we will see this at the next year indeed than there are some good chances that this will occur and the price will break the barrier.

lite

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I'm hoping to see bitcoin cross $1000 mark on global exchager site within end of this year. bitcoin is being traded at $930 on some Indian exchanger site.

Taki

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Quote from: Wolf_Pack on November 12, 2016, 05:44:18 PM

Quote from: pereira4 on November 12, 2016, 12:42:31 PM

March 2017 looks good. It will be sooner than expected. We are now stablishing 700 as new floor. It's only 300 dollars away. Bitcoin can go up 300 dollars in a matter of hours, so it can be anytime now, but it will take a couple more months, for the segwit situation to solve itself. We will see how the blg blockers give up and admit defeat, and we will have segwit activated and this will translate in high price.

Yup that price is possible to achieve at any point of time now, but may be it will reach there somewhere in the mid of the next year as it won't be that easy to achieve that milestone by the end of the year and may be we will see the price of $800 by the end of this year but not anything above that.

I am agree. The maximum that I can predict by the end of this year is 800$. 1000$ is possible only the next year and only in the case if not going to be any hacking attacks on echangers. As we know that beat the price for bitcoin very much. And in the case of new attack bitcoin may fall down again.

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