Wasnt part of the huge jump in price was due to mt.gox influx?
So would we consider that as real price growth? I wouldnt think so, but this is just my opinion. Although it could of effected to promote for more buyer involvment but theres really no solid metrics to know how many bought more after mt.gox.
Topic: Will history repeat? 1 BTC = $25.000 in 2016 Q4 (Read 2116 times)
No way this is gonna happen!
Why would not reach that price?
You'd need to convince many, many more people than are already convinced now. The rise above $1000 was possible off the backs of a few tens of thousands of enthusiasts with almost no finance professionals at all.
May be it will repeat , cant say much about it , but can predict that it will be again to 220-245 $ in near Q6 of this year.
I am seeing the same thing what happened previous year in 2014.
I am seeing the same thing what happened previous year in 2014.
this is just a question of time, if things goes in natural way, why would not reach that price?, dont forget that everyday more and more ppl are getting involved into the bitcoin world.... so for me that price is more than factible.
Don't think so. We must be happy to go over $600 in 2016 which is already verry difficult, let alone $25,000.
remember that price do not go linearly, we can have a good stable 600 price while we can have in the same time some insubstantial very high increase like 2k-5k in the same timeframe
Probably, but $25 means over. I think the price would continue to fell, but not $25, may $100?
Fell to 260 means over. Felling may persist if breach of 250 confirmed, perchance 11. May 13?
Probably, but $25 means over. I think the price would continue to fell, but not $25, may $100?
Should have been done in MS paint for maximum credibility.
A rise of that magnitude can't take place in the same type of vacuum that November 2013 did. A lot can happen between now and then but not that much. You wouldn't find me objecting if it did happen.
Wow, just wow, so much crazy delusion all in one post.
Nop, 25.ooo$ is not possible in the next 10 years, probably never. Bıtcoin cant even hold on at 300$ nowadays, where did you come up with 25k?
Well anything is possible, I mean never say never! But $25,000 does seem on a high note. I mean I cannot imagine what dynamics should start happening in the Bitcoin ecosystem to see this kind of growth in the next year or so. Especially looking at the current state of Bitcoin which is fighting to stay above $266 level which is a major support line historically.
25,000 USD bitcoins by Q4 2016 - No way, not happening. I'm bullish & very pro bitcoin but we have to be realistic. I'll be happy if we can reach 1000 USD by Q4 2016. The halving next summer 'SHOULD' give us a decent pump in the price but we need more than that, maybe Gemini to get approval & begin trading, a few big merchants to jump on board. I don't know but we need positive news & lots of it.
I think we'll see 1200+ pre-halving, and be at about 800 by the actual day of the halving. No way we're going to see anything above 2k before 2018! We have to wait and see what the market does, you could be right.
I think we'll see 1200+ pre-halving, and be at about 800 by the actual day of the halving. No way we're going to see anything above 2k before 2018! We have to wait and see what the market does, you could be right.
ramp up ... ok, but not so fast.
september is hell for tax payment and ... industry fiscality.
september is hell for tax payment and ... industry fiscality.
I understand if Bitcoin wasn't evolving at the rapid pace that it is, and growing acceptance, people would say these charts are ridiculous.
BUT, if it continues to grow, it will grow more and more exponentially until a peak.
Big things ARE coming in the future for Bitcoin, and I think anyone who says we'll stay under 4 digits well into 2016, underestimates bitcoin's potential.
You have to remember how easy it is to control the price of a small market cap.
If you had a large position in BTC or usd/other, and you saw the growing VC investments, and incoming exchanges, and ETF, you'd most definitely try to accumulate as much as you can for the cheapest price possible before the mainstream storm hits and the price can't be controlled anymore.
BUT, if it continues to grow, it will grow more and more exponentially until a peak.
Big things ARE coming in the future for Bitcoin, and I think anyone who says we'll stay under 4 digits well into 2016, underestimates bitcoin's potential.
You have to remember how easy it is to control the price of a small market cap.
If you had a large position in BTC or usd/other, and you saw the growing VC investments, and incoming exchanges, and ETF, you'd most definitely try to accumulate as much as you can for the cheapest price possible before the mainstream storm hits and the price can't be controlled anymore.
People should cut the crap for a while , stop with the unrealistic charts and dreaming about things that will most likely won't happen at least not in the next ten years .
This just won't happen , you telling me that after 6 years Bitcoin is 280$ (estimated) and one year from that it's gonna get multipled by x10 ?
This just won't happen , you telling me that after 6 years Bitcoin is 280$ (estimated) and one year from that it's gonna get multipled by x10 ?
i dont think so this will happen, many people predictions way too high like 1k,10k,100k,150k,200k. please dont dream so high
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