Quote from: lexuz on July 25, 2016, 06:44:48 PM

Quote from: Red-Apple on July 23, 2016, 04:22:35 PM

Quote from: Yakamoto on July 23, 2016, 03:50:02 PM

Quote from: avw1982 on July 23, 2016, 03:41:06 PM

Quote from: sanas on July 23, 2016, 10:27:38 AM

Quote from: Eroanwan on July 21, 2016, 09:52:03 AM

I do think that the price is going to be $1000 this year but I think that it will happen at the end of 2016.
We just have to wait for the halving to come and see what happens after that.

We need some good news for the bitcoin price to be over $1000 later this year. This incude the block size increase.

Even I am hoping the same, Its hard to say for what is going to happen with the value in the future. Because you never know what will happen and that is the problem.
I dont think it will reach the 1000$. Because if it is rising. It rise very slowly so it need time. So we just have to wait.

I've been doubting the potential for Bitcoin to make it to $1,000 before the end of 2016, and while it is still possible, I think it is rather unlikely for there to be a swing all the way up to $1k. The market might push it up to $800 or $900, but like it's been said before $1,000 is kind of a mental barrier for the market and thus it might be a while before there's enough courage to break it.

good point.
although it is hard to say. because if price starts moving upwards and reach $900 for example it would be an easy rise from there because as you said people are waiting for the $1000+ to happen and as you can already see they are making plans for sale above that price, so the sell pressure will be low above $900 because everybody will wait for the moon.

The key is how we must push the price to breaking $800 after that would be easy to reach another point and i see holding it's not work to push the price up.

We as normal traders don't even make a dent in the price, unless we all work together and form a solid wall of buying power. Otherwise we can just continue to look at what the whales are doing with the market. I think $800 is a fair price target for this year.