Post
Topic
Board Speculation
Re: how much gonna be 1 BTC in a year?
by
Bokelka
on 07/08/2016, 07:59:06 UTC
In the last months the BTC price is increasing, how much u guys think the price gonna be in one year?



i think that in year from now bitcoin's price will be 1000$, maybe a bit less or a bit more but somewhere around that for sure, as bitcoin is more popular each year

I honestly do not know how much the bitcoin is gonna be in one year but I do know its gonna rise for sure. So I think with some calculation it will be around the 600 dollar but also stable so that is sweet if this happen in my eyes.

Well nobody knows. It's pure speculation at this moment. The best you can do is to compare the potential news, vs the market.
And even by comparing that and analyzing the markets, you may end up very wrong.

If there is no big mistakes made by the Core team, the bitcoin price could be around $1000 in a year.

The price could be around $1000 to $1200 in 6 to 12 month if more retailers accept the bitcoin in their business.
The price does not really matter for the retailer, they are more concern on the stability of the price because that is how they make money with the mark up of their items they are selling online and the BTC they are receiving will not change its value abruptly.

That is right. It is better for the price to rise 1% a week and does not drop more than 1% a week.

That is right. Investors will earn money in that way. But the traders do not like to the stable price.

If the price of the bitcoin is reasonably stable, more people will use it and the mass adoption will increase the price.