Post
Topic
Board Speculation
Re: When do we cross the 1000 USD barrier?
by
to1ga
on 13/11/2016, 21:19:27 UTC
March 2017 looks good. It will be sooner than expected. We are now stablishing 700 as new floor. It's only 300 dollars away. Bitcoin can go up 300 dollars in a matter of hours, so it can be anytime now, but it will take a couple more months, for the segwit situation to solve itself. We will see how the blg blockers give up and admit defeat, and we will have segwit activated and this will translate in high price.
Yup that price is possible to achieve at any point of time now, but may be it will reach there somewhere in the mid of the next year as it won't be that easy to achieve that milestone by the end of the year and may be we will see the price of $800 by the end of this year but not anything above that.
To be honest no one can predict exactly what will happen with bitcoins in coming period and what price it will be holding as its very hard to predict anything related to the price of bitcoins but the good news is that bitcoin is moving in a positive direction at a moment and only we can do is to hope for the best.