Post
Topic
Board Speculation
Re: Bitcoin to go to US$800+
by
Herbert2020
on 26/02/2016, 04:32:27 UTC
it's very posible at this year , in my opinion :
if the reward mining of bitcoin (after halving) = 25/2 (12,5)
it's very posible the bitcoin price = current price x 2 ($800-$1000)

it's Just IMO  Cheesy

Yeah its quiet possible by the end of this year as halving will give us some good price and it is expected that the price would be much higher by the year end, so bitcoin reaching this value is quiet optimistic.

prices will not necessarily go up in one or two months after block halving maybe after 1-2year's
Im sure we will reach $1000 again

when people speculate about the price rise after the halving they are talking about the pump that might come as the result of it which will be around that time with 1-2 month difference. but the overall price rise is going to happen in the 1-2 year and it might reach $1000 by that time.