Post
Topic
Board Speculation
Re: 1 BTC = 1000$ in 2016
by
Positid
on 05/08/2016, 14:14:39 UTC
It wouldn't reach that price mark since Bitcoin price is slowly rising and slowly go down sometimes. It's so really hard to predict what would be the price in upcoming year end but who know it might reach that price maybe next year 2017 but for now I think it would only reach 680-850 I guess. Let's see what happen.
you are right. is currently very difficult to predict because the price of bitcoin bitcoin prices sometimes go up slowly, but sometimes also go down quietly. possible price of $ 900 is the highest price for the year, although I am pretty sure that the price will not be stable. Well, as I'm sure many of us are waiting for bitcoin prices above $ 800 for selling his bitcoin

Even though we cannot predict the short term price, we can say the bitcoin price will be higher in 12 months.
That's given if the the journey that we are going now will continue, we should hope and pray that there are no major crisis that will happen like what has recently happen with the hacking incident of one of the major exchanges, the longer bitcoin exist the more it becomes stable so let us just trust it with our investments.