Post
Topic
Board Speculation
Re: 2016 Bitcoin Predictions
by
Kewatia
on 25/06/2016, 14:37:42 UTC
new 2k peak i think, easy to get at this point or 1k+ at least

Many people would sell starting at even $700 so that would be extremely difficult.

My aim is for the price of bitcoin to double every year, so if the price is lower than my target, I will not sell.
well it will be impossible after some time as bitcoin cant double every year, if the price would double every year it should be 4 mil per bitcoin in 14 years while its only possible for it to reach 3 millions

I think it is possible for the bitcoin price to double every year for the next 10 years, then rise 40% a year for the next 20 years.
2013 bitcoin prices reached $1,000 and now three years the price of bitcoin difficult to reach $1000, but this year has seen the potential that the price could reach $1,000



Over $1000 in 2013 was due to willybot. I'd take that all time high as not an all time high if you see what I mean.

I think if the bitcoin price is around $1200, that is much better than the $1200 in 2013. This price is due to the mass adoption.