Post
Topic
Board Speculation
Re: With the halving coming...
by
lumeire
on 04/04/2016, 14:18:20 UTC
Let's assume that we reach a new ATH of $1,700, what do you do?
Even it could reach last times ath 1k$ everybody will sell like i will. But even it seems hard for bitcoin to reach that point.

It is not very possible for the bitcoin to reach $1700 this year. But it is possible for it to be $1700 some time next year.

even if we reach the $1000 price level somewhere next year, then it's fine too. it allows the price to build itself up nicely. even if we see an increase of $200 per year, i am quite sure that a lot people will be happy with that as well. it's better to not have high expectations as you might get very disappointed when the price doesn't go up as much as you were hoping for.

IMO $1000 would be too much. After the halving if all ends well we might see around $700 or even $800 if we're lucky. $1000 would be way too off now, because a lot of sells would have come by then.