Post
Topic
Board Speculation
Re: 1 BTC = 1000$ in 2016
by
Schuyler
on 01/07/2016, 06:36:37 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.
I am not sure if this is going to happen this year, it could have happened when the price was rising last time but it did not rise long enough to make it to $1000.
Maybe there still is a chance for it to happen at the end of the year but we have to wait and see what is going to happen.

I agree with most of it but i think if it doesn't happens in a month or two then it probably wont.
it can happen by one factor that might influence the price of Bitcoin in 2016 is how the mainstream media covers the cryptocurrency. The year 2015 could well be described as the year when mainstream media began reporting a lot of positivity in the technology, especially the blockchain.
The media won't pay too much attention to it if there's no good thing happening or there's nothing worth reporting. One way to improve bitcoin's popularity is by making ways to market it better to a bigger audience. With the backing of the masses, bitcoin can really make a big splash in the economic world.