When will bitcoin reach 500 USD again ? - page 29.

DiamondCardz

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Quote from: Supercrypt on October 26, 2015, 01:30:49 AM

With the current trend and sentiment I guess the $500 level is more likely possible within the November month of this year itself. The positive news on tax free nature is the big boost for bitcoin price rally. Unless any bad news and continuation of present trend will see the price testing $500 level soon.

Nah, no chance. We're having a bit of trouble hitting even $300 right now, I highly doubt we will hit $500 next month. If we do, it signals a really unsustainable bubble and I would be worried about it either way. Like I said, we need sustainable growth, not a ridiculous bubble that will quickly pop.

prodigy8

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Quote from: Supercrypt on October 26, 2015, 01:30:49 AM

With the current trend and sentiment I guess the $500 level is more likely possible within the November month of this year itself. The positive news on tax free nature is the big boost for bitcoin price rally. Unless any bad news and continuation of present trend will see the price testing $500 level soon.

I would like to see the bitcoin price to reach $500 in November,
But i think it is to early to reach that price, I think if bitcoin will not reach in December
$500, then probably within 2 months in the next Year, i am very optimistic.

Supercrypt

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With the current trend and sentiment I guess the $500 level is more likely possible within the November month of this year itself. The positive news on tax free nature is the big boost for bitcoin price rally. Unless any bad news and continuation of present trend will see the price testing $500 level soon.

DiamondCardz

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My ideal outcome would be around Q3 2016 for BTC to reach 500 USD/BTC, because personally I think that's quite a sustainable rate of increase with respect to any new news about Bitcoin companies, etc that should have come out by then. Give or take a quarter, but I think we'll definitely see BTC hit 500 USD/BTC by the new year of 2017.

smith coins

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Quote from: crairezx20 on October 24, 2015, 06:14:19 PM

Maybe this 2016 it will jump like a horse to 500$ or above like before.Dont you remember the year that bitcoin was rising too fast before.. we will wait for that before we sell our bitcoin and profit and to be rich too... Cheesy

By this trend the bitcoin price will reach $300 soon.
So basically $500 will hit after few months or at least before July
When is the halving period which will affect directly the bitcoin price.

crairezx20

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Maybe this 2016 it will jump like a horse to 500$ or above like before.Dont you remember the year that bitcoin was rising too fast before.. we will wait for that before we sell our bitcoin and profit and to be rich too... Cheesy

GermanGiant

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Quote from: coinplus on October 20, 2015, 01:30:44 PM

Quote from: Kevin77 on October 20, 2015, 12:41:24 PM

Quote from: afriezalie on October 20, 2015, 11:31:40 AM

With current price, I think we will touch $500 in the middle of 2016 or about 8 months from now, $269 is still too far from $500. Also I hope bitcoin halving plan will bring good effect for bitcoin price.

Yes halving will do some magic.
Only the initial push is required to reach any prices. I do not think it's completely meaningless that how long it take to reach some $50, so that it would take same amount of time for another $50. Usually commodities trade in logerathemic sequences.

Yes bitcoin prices also grown rapidly over time not in sequential pattern. So, $500 dollar per one bitcoin is possible at any time with the current situations persistence. Bitcoin has already test ~$1200 levels so $500 are not a big hurdle to climb up.

I think, only a handful person could sell @ 1200 and take his money out. Most were locked at Mt. Gox fiasco and lost their fund there.

coinplus

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Quote from: Kevin77 on October 20, 2015, 12:41:24 PM

Quote from: afriezalie on October 20, 2015, 11:31:40 AM

With current price, I think we will touch $500 in the middle of 2016 or about 8 months from now, $269 is still too far from $500. Also I hope bitcoin halving plan will bring good effect for bitcoin price.

Yes halving will do some magic.
Only the initial push is required to reach any prices. I do not think it's completely meaningless that how long it take to reach some $50, so that it would take same amount of time for another $50. Usually commodities trade in logerathemic sequences.

Yes bitcoin prices also grown rapidly over time not in sequential pattern. So, $500 dollar per one bitcoin is possible at any time with the current situations persistence. Bitcoin has already test ~$1200 levels so $500 are not a big hurdle to climb up.

Kevin77

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Quote from: afriezalie on October 20, 2015, 11:31:40 AM

With current price, I think we will touch $500 in the middle of 2016 or about 8 months from now, $269 is still too far from $500. Also I hope bitcoin halving plan will bring good effect for bitcoin price.

Yes halving will do some magic.
Only the initial push is required to reach any prices. I do not think it's completely meaningless that how long it take to reach some $50, so that it would take same amount of time for another $50. Usually commodities trade in logerathemic sequences.

afriezalie

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With current price, I think we will touch $500 in the middle of 2016 or about 8 months from now, $269 is still too far from $500. Also I hope bitcoin halving plan will bring good effect for bitcoin price.

Oscilson

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Quote from: coinplus on October 19, 2015, 08:06:35 AM

Quote from: mirana12345 on October 16, 2015, 09:06:04 PM

I agree with the most popular opinion here (as per poll). The main reason is the incoming halving next year, and the secondary is ofcourse the fact that
everyone thinks and expects it to go up, so all you need is a little spark, and away it goes !

In my opinion, $500 level would be reachable within this year if the current trend sustained. Because of new money flow to buy bitcoin and the new exchange operations started, people will forget the old bitter story and the bitcoin may back into track of raising.

Current trend will not sustain if there is no major good news.

DeathAngel

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We will see 500 next summer when the halving occurs.

coinplus

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Quote from: mirana12345 on October 16, 2015, 09:06:04 PM

I agree with the most popular opinion here (as per poll). The main reason is the incoming halving next year, and the secondary is ofcourse the fact that
everyone thinks and expects it to go up, so all you need is a little spark, and away it goes !

In my opinion, $500 level would be reachable within this year if the current trend sustained. Because of new money flow to buy bitcoin and the new exchange operations started, people will forget the old bitter story and the bitcoin may back into track of raising.

Oscilson

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Quote from: mirana12345 on October 16, 2015, 09:06:04 PM

I agree with the most popular opinion here (as per poll). The main reason is the incoming halving next year, and the secondary is ofcourse the fact that
everyone thinks and expects it to go up, so all you need is a little spark, and away it goes !

The spark could be that many companies obtain bitliscense.

mirana12345

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I agree with the most popular opinion here (as per poll). The main reason is the incoming halving next year, and the secondary is ofcourse the fact that
everyone thinks and expects it to go up, so all you need is a little spark, and away it goes !

Pab

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I marked middle of 2016,be very opimistic march 2016 ,than stay between 420$ 500$ longer time,and next move up
But it is very opitimistic,first need to pass 310$ level,than accumulate on 300$ level,than can rise higher,if to fast will be only speculation and trap to dump on higher level

Oscilson

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Quote from: prodigy8 on October 16, 2015, 04:02:17 AM

Quote from: willope on October 15, 2015, 12:20:17 PM

Next week. Wink

(Permabull speaked)

I don't think that the bitcoin price can reach $500 by the next week.
It really needs to double itself value which is impossible.
By this price trend i think that bitcoin price can reach before the New Year.

Maybe middle of next year.

prodigy8

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Quote from: willope on October 15, 2015, 12:20:17 PM

Next week. Wink

(Permabull speaked)

I don't think that the bitcoin price can reach $500 by the next week.
It really needs to double itself value which is impossible.
By this price trend i think that bitcoin price can reach before the New Year.

lexuz

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Quote from: Hugroll on October 15, 2015, 02:00:15 PM

i think itll happen either around the halfing or couple of months before. 500 is pretty high of a number though btc would have to pretty much double in value for that to happen.

Agree increase demand will rise bitcoin price, at least we will see bigger jump in chart bitcoin soon and now china market in positive track

svein

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during the halving pump of course.

somewhere in 2016, i guess middle 2016

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