Post
Topic
Board Speculation
Re: 1 BTC = 1000$ in 2016
by
uki
on 06/03/2016, 21:59:58 UTC
I guess this recent sell-off will bring a bit of reality to all the hot heads from this topic. $1000 is very unrealistic this year, unless we have really positive, fundamental developments. Based on halving alone we won't make it!

$1000 as prediction is low compared to some people thinking the price will go to $2000-$5000 this year. These people are either trolling or living in a fantasy world. The halving plus good news about the block size drama will surely cause the price to go to at least $600 this year.
I am really in favour of creating sci-fi subsection on this forum, and all 2016 predictions of $2k and above should land there automatically. It would help to keep the speculation subsection a bit more reasonable.
Otherwise, it is just pure guessing, not even worth reading.