Post
Topic
Board Speculation
Re: 1 BTC = 1000$ in 2016
by
Cyaren
on 26/06/2016, 05:52:26 UTC
I sure believe that bitcoin is able to get to $1000 this year, I don't think bitcoin will be at this point during halving though.
It will probably be before or after halving that bitcoin gets to this value.

So not exactly during the millisecond the halvening happens. So at ANY other time than the ONE MILLISECOND in the history of the universe?

Got it. Nice prediction.

This is technically true and could happen but also the halving process could take btc to the moon and we could all profit a shitload, i really dont recommend selling your coins so fast under the thought that halving WILL drop it.

I agree with that. It is better to hold your bitcoin for the long time, in the mean time promote the bitcoin to other people.
if you strongly believe bitcoin prices will rise to $ 1,000 this year, I think it was thought best to hold bitcoin. because, if the price of bitcoin does not reach $ 1,000 this year, I think the price will not be far from it. probably at the end of bitcoin prices to a range of $ 800- $ 900
I doubt it. Bitcoin's price is still going below $500, see what happened last 2 days. And after halving many people are still going to sell, so the stable price would be at 500-600.

No such thing as a stable price in btc the price may stay the same for a few days or even a week but the price is guaranteed not stable because at any point in time someone could just sell 30000 btc and it could end up tanking.
Its just luck, but i doubt if someone would really sell 30000 btc at one time. Btc on other hand is fun and attracts(also repells) ppl just because of its volatile nature, that's what makes it interesting to invest in it. In the end its just some skill, calculation and luck that makes profit.