i bet you anything that at least half the people saying $1000, $1200 is great and we will hold and be rich then, blah balah and all those good things, all of them will sell their coins as soon as there is a $100 rise and a slow down.
for example if price goes up to $700 and stops (slows down) they will all dump because of panic.
Topic: Why Bitcoin Price Predictions for 2016 Range as High as $1200? - page 6. (Read 6249 times)
September 07, 2016, 10:22:52 AM
September 07, 2016, 09:51:25 AM
I think it's because the last big news, the halving. Many people have a big expectation about the price of bitcoin because the bitcoins price is increase up to 2 times because the halving and many people predict it can be $1200 in the end of 2016.
September 07, 2016, 09:34:27 AM
Lol there are so many people predicting bull shit and you all know that if we want to hit that amount at the end of this year the price needs to double from now and i can tell you that wont happen.
September 07, 2016, 08:47:50 AM
In my prediction, it is impossible that bitcoin might be reached at $1200 in this year, Because now where we are here no one see any surprise thing would be happened suddenly. But i am sure bitcoin is going to up and at least bitcoin price would be reached at $800, but only in the end of this year, So may be the next year bitcoin price might be changed.
Looks like some other analysts are having a different point of view than you.
http://bitcoinist.net/bitcoin-technical-levels-rally/
Quote
Bitcoin Back to Technical Levels, Expect Huge Rally to $1200 Soon
After a longer than expected lateral sideways movement, traders have finally pushed the bitcoin market into a recovery, allowing the price to return to the technical quote level.
There are no visible resistance levels that can stop this upward climb until we reach $820. Volume indicators reflect that big players have already taken positions to allow this rally to happen, so the rise to $800 and beyond should be smooth.
This upward movement suggests the start of a new technical cycle. If that’s true, we can expect the bitcoin price to start a longer-term growth trajectory to prices near $1800. We predict that these price levels will be reached by the end of the year.
Mathematical indicators have exposed big differences between this past lateral movement and the synchronicity lag, suggesting that a large rally to $1200 and beyond may hit the market much sooner than expected.
Fundamentals and political factors could promote the climb for the rest of the year, as a consensus regarding a nascent, global bitcoin economy emerges.
After a longer than expected lateral sideways movement, traders have finally pushed the bitcoin market into a recovery, allowing the price to return to the technical quote level.
There are no visible resistance levels that can stop this upward climb until we reach $820. Volume indicators reflect that big players have already taken positions to allow this rally to happen, so the rise to $800 and beyond should be smooth.
This upward movement suggests the start of a new technical cycle. If that’s true, we can expect the bitcoin price to start a longer-term growth trajectory to prices near $1800. We predict that these price levels will be reached by the end of the year.
Mathematical indicators have exposed big differences between this past lateral movement and the synchronicity lag, suggesting that a large rally to $1200 and beyond may hit the market much sooner than expected.
Fundamentals and political factors could promote the climb for the rest of the year, as a consensus regarding a nascent, global bitcoin economy emerges.
I would say let's just wait and see what happens.
I'm pretty optimistic we could see some larger movements this year.However if it will be enough to reach the $1000 or even hiher I don't know. But I'm sure it's going to be fun!
September 07, 2016, 06:19:00 AM
Can we for once first get to touch $700 -> $800 -> $900 -> $1000 before talking about reaching a new all time high?
It's mind boggling how easy people assume we will reach a new all time high just because the price has gone up to over $600....
we are expecting it for last few months and not for today when the price is above 600$. if we study of the bitcoin increasing trend it shows that every time it increasing percentage is too high, and as more and more people are investing their money in bitcoin and the demand of bitcoin is increasing from time to time so we can expected that the price of bitcoin will cross 1200$ very soon, It's mind boggling how easy people assume we will reach a new all time high just because the price has gone up to over $600....
Hope so that it would definitely reach that price but still we should not forget that we wont know on what would be the future since bitcoins price movement is to volatile and there are lots of factors that could affect it which causes to low its price like hacking incidents, selling more bitcoins, etc.
September 07, 2016, 03:09:41 AM
I hope that the value of the Bitcoin is going to be $1200 soon because I really want to sell some of my Bitcoin to make some extra money.
It has been a while sins the last time that I have made some money with Bitcoin.
It has been a while sins the last time that I have made some money with Bitcoin.
September 06, 2016, 02:44:29 AM
There are allot of peopel telling me that the price of the bitcoin will hit the 1000 each at the end of this year but what i do know is that would never hapen not even in 10 years !
September 06, 2016, 01:15:34 AM
Can we for once first get to touch $700 -> $800 -> $900 -> $1000 before talking about reaching a new all time high?
It's mind boggling how easy people assume we will reach a new all time high just because the price has gone up to over $600....
we are expecting it for last few months and not for today when the price is above 600$. if we study of the bitcoin increasing trend it shows that every time it increasing percentage is too high, and as more and more people are investing their money in bitcoin and the demand of bitcoin is increasing from time to time so we can expected that the price of bitcoin will cross 1200$ very soon, It's mind boggling how easy people assume we will reach a new all time high just because the price has gone up to over $600....
September 06, 2016, 12:14:19 AM
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.
Theres no several experts that could really predict on the price of bitcoin since no one knows what would happen in the future regarding to bitcoins price. All of those claims are just speculation and theres no exact thing or thing that proves that it would really happen. Well there are some speculation might be right because as you can see bitcoin price is growing as the years go by.
September 05, 2016, 11:59:17 PM
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.
They aren't expert predictions most of the time, or at least I haven't seen any predictions coming from experts that say that Bitcoin will be above $600-ish by the end of this year. The majority of people I have seen saying that Bitcoin will reach it's ATH value over the next few months have all been on this forum, and none of them really make a compelling case for their valuations.Don't get me wrong, I'd be incredibly happy with Bitcoin hitting $1,200, but the fact of the matter is it is just incredibly unlikely.
September 05, 2016, 11:34:51 PM
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.
Can you please post where you got these expert bitcoin price predictions and what exactly their predictions are? I would like to read them and know who the experts are. Thanks.
September 05, 2016, 10:54:23 PM
In my prediction, it is impossible that bitcoin might be reached at $1200 in this year, Because now where we are here no one see any surprise thing would be happened suddenly. But i am sure bitcoin is going to up and at least bitcoin price would be reached at $800, but only in the end of this year, So may be the next year bitcoin price might be changed.
September 05, 2016, 10:33:51 PM
Which experts say that Bitcoin will reach $1200? Can you share link to article, interview, economic forecasts or something to confirm this?
I am not talking about users who can speculate about everything and pull numbers from the space.
I know prediction of Tim Draper: https://news.bitcoin.com/2018-bitcoin-price-tim-draper-unlikely/
But I consider it very outdated and hyped as he said that right after BTC reached its ATH in December 2013.
lol. no experts can predict the price to btc. it is very unlikely that their prediction will be true. bitcoin is very fluctuating and its price goes up and down every few seconds. so even if someone, thinking himself as an expert, is predicting about the future price of btc, you should just take it as a pinch of salt. and believe me, bitcoin can go even higher than 1200$ or as low as 400$ because of its unpredictable nature. you should just take the profits what you get from the hype and dont believe on anyone's predictions. just my 2 cents! I am not talking about users who can speculate about everything and pull numbers from the space.
I know prediction of Tim Draper: https://news.bitcoin.com/2018-bitcoin-price-tim-draper-unlikely/
But I consider it very outdated and hyped as he said that right after BTC reached its ATH in December 2013.
September 05, 2016, 02:29:09 PM
Within 2016 i don't think $1200 is possible to reach, price may test $800 range before the end of this year. It will be over hype/speculation to predict price to get ATH within end of 2016.
September 05, 2016, 08:23:18 AM
We are barely back above $600.
Price has been slow and steady recently. I do not foresee any huge jumps unless something changes.
But price could definitely be $700 by next year.
I have no idea where people get these figures from.
Its like they just run a random number generator LOL.
Price has been slow and steady recently. I do not foresee any huge jumps unless something changes.
But price could definitely be $700 by next year.
I have no idea where people get these figures from.
Its like they just run a random number generator LOL.
September 05, 2016, 08:22:24 AM
Which experts say that Bitcoin will reach $1200? Can you share link to article, interview, economic forecasts or something to confirm this?
I am not talking about users who can speculate about everything and pull numbers from the space.
I know prediction of Tim Draper: https://news.bitcoin.com/2018-bitcoin-price-tim-draper-unlikely/
But I consider it very outdated and hyped as he said that right after BTC reached its ATH in December 2013.
I am not talking about users who can speculate about everything and pull numbers from the space.
I know prediction of Tim Draper: https://news.bitcoin.com/2018-bitcoin-price-tim-draper-unlikely/
But I consider it very outdated and hyped as he said that right after BTC reached its ATH in December 2013.
September 05, 2016, 07:19:15 AM
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.
that's just unreasonable speculation or just random guessing,there's no evidence at all that prove that bitcoin's price could skyrocketing,if bitcoin just reached $800 in the end of 2016 that just make sense but $1200 is just too far away even bitcoin's price could rising up more than 100% in one night and it's possible but it need so many factor that supporting 
September 05, 2016, 04:41:50 AM
I want the value of the Bitcoin to be $1200 at the end of 2016 because then I can really make some money if I decide to sell some Bitcoin.
But still do not know if it is going to happen so lets wait and see what will happen.
But still do not know if it is going to happen so lets wait and see what will happen.
Of course it's not going to happen. We might not even see that price next year as the closer we come to the $1000 level, the extremer the selling pressure gets. If we can get the price to increase with around $150-$200 every year, then it's already a great achievement. $1000 is not realistic at this point.
Yeah i agree ! people in bitcoin now is they expect a lot about the price of bitcoin. we cant expect by next year with that big price and yeah i agree the prices increases every year about $100 is really good and we should be thankful about it
September 05, 2016, 04:35:18 AM
I want the value of the Bitcoin to be $1200 at the end of 2016 because then I can really make some money if I decide to sell some Bitcoin.
But still do not know if it is going to happen so lets wait and see what will happen.
But still do not know if it is going to happen so lets wait and see what will happen.
Of course it's not going to happen. We might not even see that price next year as the closer we come to the $1000 level, the extremer the selling pressure gets. If we can get the price to increase with around $150-$200 every year, then it's already a great achievement. $1000 is not realistic at this point.
September 05, 2016, 04:26:23 AM
I want the value of the Bitcoin to be $1200 at the end of 2016 because then I can really make some money if I decide to sell some Bitcoin.
But still do not know if it is going to happen so lets wait and see what will happen.
But still do not know if it is going to happen so lets wait and see what will happen.
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