Ninjastic
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Board Speculation
Re: Bitcoin to hit $2016 by the end of 2016
by
zalucia
on 29/06/2016, 10:10:53 UTC
Quote from: sishendaoye on June 28, 2016, 02:59:23 PM
Quote from: Dekker3D on February 03, 2016, 06:10:43 AM
Quote from: dothebeats on February 03, 2016, 06:06:53 AM
As always, another thread that lacks the indicative factors and some proofs that may point out that we must be heading to a certain price point. Roll Eyes Dreaming is fine, but being realistic is better in most cases Cheesy

How will the price go up to even $2000 if most people will already sell at $1000 to take their profits. And if ever it'll reach higher than $1000, who's going to buy them if we all know that the price was a third of it few months ago.
That is a good point most people are waiting for the price to be $1000 because they are tired and to not have to patient to wait any longer so they are going to sell for $1000.
So I do not think that the Bitcoin price is going to be above $2000 this year.

If they do not have patience to hold for longer, it is better to use the bitcoin to buy goods or services. That will help adoption.