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Topic: Why Bitcoin Price Predictions for 2016 Range as High as $1200? - page 2. (Read 6249 times)

hero member
Activity: 714
Merit: 500
Every time the price shoots up a bit, people become more optimistic and adjusts their predictions / expectations accordingly. When the price reached almost $800 a few months ago, many thought that we are going to touch $1000 in no time. Of course, we all know that the opposite happened and the price has even went down as low as $500 before stabilizing at the $600 levels.
sr. member
Activity: 364
Merit: 250
The price was very high ranged this year because of the fact that the halving was going on these days.
The halving never really was good this year so the prices never been reached.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
I predict that the price of $ 1200 is a very high price for the year, in fact I think that bitcoin will not reach such a high price this year, perhaps the highest price for bitcoin this year is approximately $ 1,000. but I just think that $ 1,200 is the limit the increase for this year, and it is even very difficult to achieve, because it will probably happen in the next year
hero member
Activity: 1638
Merit: 505
because at this time the development of bitcoin prices are very high. more and more users bitcoin. bitcoin is currently located at 630USD price range. and there are still many possibilities until the end of 2016. This will be one year in which prices rise very high bitcoin.
full member
Activity: 196
Merit: 100
because more and more people are entering in the field of bitcoin.they are investing their money here which really increase the demand therefore it is expecting that the price of bitcoin as too high as 1200 USD.
sr. member
Activity: 319
Merit: 250
People are praying for a value that high haha

if profesional trader
bitcoin up and down is no problem, is take profit can use margin trading
but is hunter bitcoin is want bitcoin price incraese is high
because is covert in fiat money is can get big

to be frank i did not understand what you just meant!!! did you mean traders have a good time when there is a constant movement of price if it is so yes it is true,traders like the price bubble either way ,we can still expect the rise, i did not understand what you meant by fiat money get big.
full member
Activity: 126
Merit: 100
People are praying for a value that high haha

if profesional trader
bitcoin up and down is no problem, is take profit can use margin trading
but is hunter bitcoin is want bitcoin price incraese is high
because is covert in fiat money is can get big
hero member
Activity: 910
Merit: 508
More than half of bitcoiners believe the price of their favourite digital currency going to grow more and more  Roll Eyes and will get over 1k... so do i  Wink
sr. member
Activity: 420
Merit: 250
With several expert Bitcoin price predictions for 2016 tapping out at $1200 the coming year will prove the worth of the digital currency once and for all. The optimistic Bit coin price predictions represent quite a turnaround from the start of 2015, when the price of bitcoin was bottoming out firm the bursting of the late 2013 bubble and the Mt, Gox meltdown. If  this happens, I will personally sign you a video of me doing  the money dance buck naked, I am sure you will be doing the same too.
I also want this to happen but I do not think that it is going to happen with in 2016 because it does not seem like the price is going to rise any time soon.
I think that the chance is bigger that the Bitcoin will rise again with in 2017.
sr. member
Activity: 364
Merit: 250
This was because of the fact that the halving was coming and it would be great but later on it never really let the price raised to a very high amount, that is the simple reason.
full member
Activity: 126
Merit: 100
Iam never prediction bitcoin price can up 1200 dollar in year 2016
my prediction bitcoin price in year 2016 only 800 dollar in every one bitcoin
in end year i think bitcoin price 800 dollar can reach
member
Activity: 95
Merit: 10
i think it may be because the number of bitcoin users is increasing continuously and therefore the demand of bitcoin is also increasing and that is the reason that the prediction about the price of bitocin is as high as 1200 USD.
sr. member
Activity: 319
Merit: 250
It might still reach $1200 as predicted in 2016,if you look at the charts by November it has the ability to reach the maximum attainable value and many will book their profits by December well in time for Christmas.
member
Activity: 68
Merit: 10
to me as bitcoin users are increasing on daily basis therefore it is also expecting that the price of bitcoin can raise such a high price just at the end of the 2016$.
sr. member
Activity: 420
Merit: 250
Most of the value is predicted by people who have not much experience in trading, so taking their advice is not very smart.
If you want a realistic prediction you must find market prediction guru's with authority and make sense of their analysis. But let me tell you that is very hard because there are many imposters around.
hero member
Activity: 1204
Merit: 500
Well, bitcoin users already have always prayed about bitcoin price increases. especially if they are holding bitcoin is very much in their wallet. perhaps because they had heard that the price of bitcoin will rise to $ 1,000 at the end of the year, so many people are starting to buy bitcoin until today. however, the price of bitcoin is not likely to pass on the price of $ 1,200 this year, because most likely the bitcoin price stability will be very difficult to go up when the price of bitcoin has reached the price of $ 1,000 this year
sr. member
Activity: 276
Merit: 250
People are praying for a value that high haha
hero member
Activity: 1638
Merit: 505
opportunities are likely to occur. but I think only the most high bitcoin prices will range in the range of 800 USD. My prediction that the price of bitcoin will rise gradually until the end of 2016.
legendary
Activity: 1526
Merit: 1001
It was predicted that bitcoin price for this year will go up to 1.2k but that didnt happened until now so i think that for this year the maximum price that bitcoin can go is 700-800 USD, everything can happen but I'm based on the latest trend this year until now.
sr. member
Activity: 350
Merit: 250
This was purely because of the halving that was coming, everyone was thinking that it would hit a very nice price but at the end it never did this..
Its not a very bad thing but also not a great thing that every came up these year.
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