Post
Topic
Board Archival
Re: $1000 by 1q 2016?
by
BitMaxz
on 26/04/2016, 10:50:02 UTC
I do not think that it will happen in 2016 we are not even at $500 and it is only rising slowly. It can be possible but the chance is very small. We ill have to see and wait.

I think it is quite safe to say the bitcoin price will be at least $500 by the end of second quarter. It could be even higher.

surpassing 500 will result in another rally toward 700-1k, so it will probably be even higher if we can reach 500 not for 2 seconds, like the last time

You know that already? It's not that easy as you say. We might not even reach to $700 this year. Only the block halving is not enough to push the price this far.

when we surpassed 300, last time, we didn't sit there for too long, but we went straight to 500, i could see this pattern again for the 500 floor
Yeah this is just like the same like before but i think if we see that the price hit 500 this time it will stay long unlike before that after hitting 500 in few seconds or minutes the price will dump again. and this time we will see that it will stay long and it will increase more until block halving is done..