Post
Topic
Board Speculation
Re: Everyone is hyping about bitcoin price in 2016
by
lumeire
on 07/02/2016, 13:48:58 UTC
This concerns me about what will happen to bitcoin price after 2016 ? Will it crash after the block halving ? Is there any upcoming incident in 2017-18 that may push the price up again ?

Here's my prediction: By summer 2016 the price of Bitcoin will be aruond $500 and from that point it will grow steadily, 20%-25% per year, so it will be around $600 in 2017, and it will be around $730 in 2018. The main reasons for the growing are that Bitcoin will be introduced (in a good way) to more people.

Pretty bold of you to think that. There are a lot of factors and it'll remain unpredictable. So to be more realistic, I suppose it'll be up this year about $500 like you've predicted but will go down to $400 again come 2017.