Post
Topic
Board Speculation
Re: is it time to start seriously talking about a $5000 BTC
by
lionheart78
on 04/12/2016, 20:03:24 UTC
we're at $770... $1000 coming soon.

Is it time to start seriously talking about $5000 BTC in the next 3 years?

No it's not!
Why not before we break the actual ATH, build a new one and consolidate somewhere between these two.
Then we may can start to seriously talk about higher prices.
Right now I don't believe this is useful.
Let's do things step by step.

I agree, ATH should be surpassed first then of course the following high prices next.  For me it is a bit extreme to talk about $5000 worth of BTC when BTC had not touched 20%(after the ATH) of that $5000 bitcoin price.  And in my opinion talking about bitcoin reaching $5000 is a nonsense when at the end of this year the possibility of bitcoin not reaching $950 is very clear.