Ninjastic
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Re: When do you think Bitcoin will reach $1500?
by
andrei56
on 18/04/2017, 18:30:34 UTC
Quote from: Latreetim on April 15, 2017, 02:00:50 PM
Quote from: grandy on April 15, 2017, 01:21:59 PM
Quote from: aardvark15 on April 12, 2017, 12:25:05 AM
Bitcoin will most likely reach $1500 this year. It's holding strong over $1200 right now and even with a drop, it could easily recover and reach $1500 over the next 8 months.
to me i think it is even going to cross 1500 USD level this year and may be reach to 2000 USD level. as we can see that in previous time the price of bitcoin already reached to almost 13 USD level so, i do not think that it is so difficult to cross 1500 USD level in next month or two and after that we can expect that the price of bitcoin will easily reach to 2000 USD level.

If there is no solution to the small block size and slow transaction, the price will be below $1500 for some time.
Don’t underestimate speculators the usability of bitcoin as a currency has been slowly degrading for some time and that has not stopped the price to reach new all time highs so I will not be surprised if the price reached even higher prices despite the fact nothing has been done to address those issues.