Post
Topic
Board Speculation
Re: When do we cross the 1000 USD barrier?
by
CoinCidental
on 03/11/2016, 11:24:09 UTC
The train is leaving the station. Even though it is a bumpy track, we are accelerating!

The big question is: when to cross the magic 1000 USD barrier?

My guess: 3rd of December 2016




It's definitely not going to reach that in one month . I understand that halving block reward effect start to take its place but that doesn't mean the price should sky rocket in a short period of time.
I say we could reach that amount but only after having SegWit full activated + Lightning network with it. (2017)

some of the miners have already moved to roger vers "Bitcoin Unlimited" so we might break $1000 easily without even waiting for segwit implementation ......given that some miners are already willing and able to accept blocks up to 16MB