Post
Topic
Board Speculation
Re: Bitcoin price to hit $1000 around June 2017
by
icecube45
on 11/11/2016, 09:03:29 UTC
Since the low in January 2015, the price of Bitcoin has been increasing at a very consistent rate of about 6% per month. As shown on the graph below, the price should hit $1000 in June 2017 (+/- 2 months or so) if it continues at this pace.


Maybe this could happen bitcoin price now is really good at the price of 700$ plus and every day price is changing decreasing and increasing the price and bitcoin has very big potential and it can be really make bitcoin into that 1000$ in the year of june 2017 for sure  Cheesy

It is a great possibility that the price will hit $1k in next year as by that time we will see many investors and companies will start accepting bitcoins but its hard to imagine that it can achieve that price in this year,  no doubt bitcoin is moving in a positive direction but it will take time achieve the milestone of $1k.
It should be hit to 1k since we are already experience of price increase in few months ago and i think it can be still happen again and hit this price ..
And i think before it will happen we will experience of some krisis that can affect the value this following year.. so before its happen i am ready to sell my bitocin before it is happen so that i can buy cheap bitcoin and wait for 1k value..
That would be the smart move to make, we cannot afford to miss the opportunity to sell them when price goes higher in order to make profits as its likely that price will fall after that as many people will prefer to sell their coins when price goes higher and buy them back when price drops after that.
Yes, I'm sure if the price of bitcoin be $ 1,000 would have a lot of people who sell their bitcoin, because it is very profitable. In June 2017 may bitcoin prices would reach $ 1,000, but it will happen if prices continue to rise and not drop in a row. I would also expect it to happen in 2017.