Post
Topic
Board Speculation
Re: Is it possible that 1 BTC be worth $2,000 by the end of 2015?
by
picolo
on 06/12/2014, 20:12:41 UTC
Bitcoin is now what? $470? Is it possible that bitcoin will reach that kind of worth a year and half from now?

Anything is possible.

Is it likely? No.

I think it is likely that it will reach 2000$ before the end of 2015. To achieve this goal we need to have more new buyers than sellers. As the price goes up, miners have to sell less to pay for their electricity costs and want to hold to enjoy the rally which push the price even higher.