Post
Topic
Board Speculation
Re: Bitcoin will never again be priced over $300.
by
ausbit
on 07/05/2015, 02:27:04 UTC
$300 is completely arbitrary.  It certainly can go higher or lower.  Price is based on supply and demand...period.
Exactly, could not have said it better myself.
no one knows what is going to happen with the price from week to week, there is just so much going on in the btc field right now that the price per coin is not as important to some people as it once was.
I think mid/late this year will will start to see big things come from all this money being pumped into different btc ventures, reward halving will also happen in the near future so we could easily see +$300 again.

Can't remember who it was but someone here made a 5 month prediction and was just about spot on, maybe we should call on him and tell us what the price will be like in the coming months,  Tongue

Edit: it was fairglu, check out his thread, he was very close.
https://bitcointalk.org/index.php?topic=839312.0