Post
Topic
Board Speculation
Re: Do you really think bitcoin price will pump to 1000 dollars after....
by
redsn0w
on 16/05/2015, 11:27:56 UTC
Continuation of the thread title:

... the next block reward halving? from 25 BTC to 12.5 BTC.


Or a modified question:

Do you really think the bitcoin price (not value) will jump again to 1000 dollars (without any manipulation)? and will you buy 1 bitcoin for 1000 USD?

Yes it will happen unless something else which is the same comes along and takes it place.  Whatever that is will have to be decentralized though else the current bitcoin community will stick with bitcoin.  The community and smart minds who support bitcoin keep bitcoin coming back stronger.

Also $1k isnt very high, some clever people think way higher....https://www.youtube.com/watch?v=AvevkBg6ZU4

Wait if bitcoin will be mainstream (so used by a lot of person) I think the price wil go down, because a lot of people will start to use and keep always bitcoin instead to convert it for FIAT currencies...


I think something it will happen after (but also few days before) the next block reward halving but sincerely not 1'000 dollars per bitcoin (most probable around 500 dollars).