Post
Topic
Board Speculation
Re: When will bitcoin reach 500 USD again ?
by
Galiatram
on 20/06/2016, 16:31:19 UTC
many people are complaining the price is so stable, but if you look closer, the price is actually slowly rising.

if it keeps rising at the same speed as it did since January it will reach 500 around July.

This 'stagnant stability' is actually a pretty impressive climb (although looking at bitcoins history it's a boring and slow climb and might as well be called stable).

I think that price will be hit early Middle 2017 the 500$, since all media talk about Bitcoin more people will get involved with Bitcoin.

i think you need to update your expectations.

The question is not good. The real question is when the BTC reach the $1000?

$1244 is the ATH, so that's the target we need to break.

As it stands now, I'd say halfway in july.
As you know we already are over the $500 and that is really nice because you have to know that it is now still rising and the halving is also coming towards to us.
But it will be hard to know when the right moment will be to sell it.