Post
Topic
Board Speculation
Re: Why Bitcoin Price Predictions for 2016 Range as High as $1200?
by
satdas
on 22/10/2016, 14:36:15 UTC
The price was very high ranged this year because of the fact that the halving was going on these days.
The halving never really was good this year so the prices never been reached.

iam agree, is every in end year bitcoin price can up in high
but i think is op write is over optimis and confidence
if bitcoin in 2016 can up until reach 1200 dollar,
i think in end year 2016 bitcoin price is only 800 dollar

$1200 price of bitcoin in the year  end of 2016 would  be impossible  for me  because  look at the current price of bitcoin , we are on  the last quarter  of 2016  and yet the  price of bitcoin is  still $630+ and  sometimes it decreases   on some days thats  why i could really say it wont reach that  price point  anytime soon.
i think nothing is impossible in this world, and the second is that if you remember that just in 11 days the price increase to all time high price, so it is really possible for the price of bitcoin bitcoin to cross the all time high price at the end of this year 2016 or just at in th starting months of 2017.