Well IMO Bitcoin will reach 500 USD again maybe after halving hype ends. I think that way because there will surely be a big dump after the price rises that happens today. I do hope that it goes up again before dumping very big.
naah i dont think so,we may really see a drop freshly after halving ,but i dont expect going it down more than 570-580$. But in 2-3 days after it,im sure we will have the rise,maybe even back to 700$! we will see who will be right buddy
Yes, the drop (if it has to happen) will happen immediately after the halving. All the non believers and profit bookers will sell at this point. Later, we will have the gradual grind upwards.
I think the drop already happened due to the halving. The price dropped from $780 to $510 two weeks ago.
if with just 10BTC can make you become a millionaire , what about people who own 1000BTC? i think they'll be a quillionaire
Yeah that is really true than everyone who have 10 bitcoin in the future will just be a millionaire and just retire. Why work if you have that money. I think in year 2030 bitcoin will just be around 5K - 10K dollars.
I do not think that you are going to end up a millionaire because 10 Bitcoins is not much but it is also going to depend on what the price at that moment is going to be. So it is hard to say how much money you are going to make bu I am sure that you are not going to be able to become millionaire.
Exactly 10 btc will not make you millionaire by 2030 as we don't think the price of bitcoin will reach to the moon and if you want to be a millionaire you need to hold at least 100 bitcoins.
if you hold 100 bitcoin in my country you are already a millionaire. but 10 bitcoin can make you millionaire if the price would continuous rising and will reach more than $1000 per bitcoin.
Yeah, think in most countries 100 bitcoin is a enormous amount of money,it is about 65000$ but i wouldnt call that millionaire. Anyway they wont make you millionaire if the btc price will really go to moon,because if we would have 1btc=10k$ in 2030,you would have 100000$ only.
In 10 years, the bitcoin price will be more than $10,000. So the 100 bitcoin can make you a millionaire.
I have believe that it will happen but it will take sometime, just believe on God and try to struggle hard and support it on every occasion, so it will be achieved sooner.
It will take between 3 to 5 years to get to the $10000 range. But it depends on the performance of the bitcoin development.
Although the price of bitcoin will tend to rise steadily but very unlikely to hit $ 10,000. Because of the price increase bitcoin so requires a process and very difficult to improve because of the fluctuations. It takes more than that to be able to hit that number.
When the bitcoin price is $10,000, its market capitalization is just 210 billion dollars, it is lower than many companies.
Wow,i got here for the first time,it's strange because this thread is really old. But back then yes,i actually earn pretty much for me in that time,i had 0,5 btc bought for about 260$ and i forgot about it and it was wow,i just earned 70$!
The price is $630 at the moment, for each bitcoin, you earn 370 dollars. So for the 0.5 bitcoin, you earn 185.
Lol this is good example for someone who things he is funny becasue how do you think he will hit the 2016 dollar each at the end of this year if we dont even reach the 1000 dollar yet i dont think you know allot about it.
Yeah we are not even close to 1k, let alone the half of this target. At the end of the yaer i expect the price to be around 800, if people will not start dumping after the halving offcourse.
The OP is very optimisitc. I think it is not possible for the price to be $1500 this year. It is possible for the price to be $2000 next year.
$2000 is not possible if there is no good reception of the introduction of the SegWit and the 2MB block size.
For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.
Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.
It is no longer just the US, EU or even China driving adoption. There is a market for Bitcoins in major countries all over the world.
So may people in the world are making use of the Bitcoin so if you look at it in that way then you could say that it is already a global currency. But to be honest the majority of the people is not making use of it so there are allot more people that do not know what Bitcoin is.
I think there are no more than 500,000 active users in the world using the bitcoin, but they are distributed in the world.
Do not know exactly the date when it will happen. But it will be soon after you sell yours.
In my opinion it will take a lot of time till it will can hit this number, I think it will not happen its to unrealistic. Maybe its possible but than it will be sure in about 10 years from now not earlier, because the price is now low if you calculate it.
It will not even hit this number, its way too much for the bitcoin and its also not possible if you are asking me. 10000 dollar is insane and not possible like other people already said its unrealistic and cannot be reached by this simple market right now.
$10,000 is too much for the price in the next 3 to 5 years. But it will rise above this if there are enough people using it.
I think in the near future, the price could drop briefly under $500. But it will come back above very soon.
i doubt that the price is going to drop that much because a lot of people are interested in bitcoins right now and i doubt that people will be selling a lot of bitcoins right now
i think that bitcoin will soon reach a new all time high because of the new all time high to be honest because in my opinion the price is not going to fall because of big interest in bitcoin
I think so. Even if the price drops below $550, it will recover very soon. The cost of mining will be over $500 soon.
As day goes by, the possibility of the price getting below the $550 range is getting lower. After 12 months, the price will always be above $550.
If you are thinking that the bitcoiin will go back to the 400 dollar or will go lower than 400 dollar you are very stupid. Because the price of the bitcoin will never drop lower than 400 again only because there are to many people using bitcoins right now.
That is right. The more people use the bitcoin, the higher the price will be. We might see $550, but not 400.
Well man I think it is possible that we will see again a price below 300$ since bitcoin's price is unpredictable. Well IMO I think it will be possible if the selling pressure would be to hard after the rises that happens now. Only time can tell what will be the price of bitcoin.
The price could drop below $600 in the next few weeks. But it will not drop below $300 any time in the future.
There are allot of people who booked succes with the bitcoin for sure and not even when the price hit the 400 but more like now the price of the bitcoin is allready up to the 638 dollar allot of peopel has booked nice profit and that is what we all want dont you.
I think it is not time to book profit now. The price will rise a lot in the long term. The price is still very low now.
Yes, it is low if you buy now because in the next few days the price will significantly increase and that is being speculated earlier and it would be happening base of the price trends.
The price could rise in the next few days. But most important of all, the price will continue to rise in the next few decades.
I think it is better for the bitcoin price to stay around the current levels for a few weeks, then it will rise further.
Long period of solidation is very important for the bitcoin price. That 6 months consolidation increase the price a lot.
Well it would be good for bitcoin if it will hold to 600$ for 6 or more months. Well I think if it will hold it will only 500$ I hope so I guess ill just wait after halving what will really happen after halving. Hope that it won't go down below 500$.
the price keeping its position above the $600 price level is also fine with me, but if it happens to fall back to sub $600 prices, a lot people will get disappointed. it took us so much time to get here. but who knows... maybe we'll experience a nice rally in the last days before the block halving. that's what i am aiming for.
I think the bitcoin price is very good at the moment. It did not drop below $500 a few days ago and it is stable.
The bitcoin price is consolidating after the big rise in the last months. It is waiting for the next big rise.
the longer the consolidating period, the higher the price will go after the consolidating. It will rise at least 50%.
the bottom is $500 at best and we can never see the good old days of cheap bitcoin in $400 and that is a missed opportunity. and soon this $600 will also be added to the history of prices never seen again for bitcoin.
Most users have quoted the same that bitcoin price won't go down of $500. In my view if the steep decrease from the value near $800 continued we might gone down to $500. Now the price has been getting stabilized around $680. For this reason we won't touch $400 anymore.
Yeah $400 is not at all possible in coming days, even price will fall it will be around $500-550, nothing below then that and we can expect the price of $800 at halving.
If the price drops below the $500 range, it could just limit to small exchanges. The price will come back soon.
the price will surely not go under 500 dollars, now the smallest price of bitcoin is most probably something like 600 dollars, it will definitely not fall lower i think
i hope that bitcoin is soon going to go up to a new all time high of around 2000 dollars, a lot of investors would benefit then and more people would be attracted
The bitcoin price has been over $600 for a few days already. If it is above the $600 for 6 more weeks, it is a good bottom.
You can see indeed that the value of Bitcoin is going to be higher and that many people are now waiting for the right moment to sell it so that is really nice. But you dont even know what will happen in the future and that is the problem of Bitcoin but that is just only risky also.
The issue with the bitcoin is that you never know where it is heading. If its going in an upward direction, it does not means that it will keep on rising or if it is going in downward direction, then also it does not mean it will countiune in that direction. You cannot predit the price of this coin. One day it can be as high as 750$ and the other day it can fall to as low as 500$. This unpredcitable nature of bitcoins makes it very difficult to guess what wil be the furture price of this coin.
The best thing you can do is sell when you see higher price and gain some profits, as not sure what can be the price very next day, keep on playing with coins in short term.
I dont think the bitcoin will go to that low the price of the bitcoin now is around the 600 dollar and he will not drop to that low for sure if he does i think it will be the end of the many users of bitcoins becasue there are allot of people investing the last months.
The price could go below $500 in a flash crash in a small exchange. But it will recover quickly to normal price.
It is possible. But after good consolidation of the bitcoin, the price will be above $600 easily after the halving.
There is no guarantee it will go up it may slowly bottom out
The Bitcoin price is not gong to reach $2000 this year because the price just dropped and at the moment it is also stable. I think that the chance if this hapening is going to bigger next year or the year after that but not right now or this year.
This year is just 6 months away, I think the price will be less than $1500. It is possible for the price to be $2000 in 12 months.
If the block size is increased to 2MB or higher and we have more active users of the bitcoin, the price could be $1500.
the price is more than $740 now. I think the price will not go below $300 forever. It will only go below that level if there is a major crisis.
well there always is a possibility that bitcoin will be dumped to the prices of near 0, especially if whales start dumping their bitcoins really fast then all people would start selling
It will happen only when there is a fundamental flaw is found in the bitcoin or there is big split in the bitcoin community.
As always, another thread that lacks the indicative factors and some proofs that may point out that we must be heading to a certain price point. Dreaming is fine, but being realistic is better in most cases
How will the price go up to even $2000 if most people will already sell at $1000 to take their profits. And if ever it'll reach higher than $1000, who's going to buy them if we all know that the price was a third of it few months ago.
That is a good point most people are waiting for the price to be $1000 because they are tired and to not have to patient to wait any longer so they are going to sell for $1000. So I do not think that the Bitcoin price is going to be above $2000 this year.
If they do not have patience to hold for longer, it is better to use the bitcoin to buy goods or services. That will help adoption.
The bitcoin in 2020 whawt would it be in that year. I think that there are allot of users who are using bitcoin just for investments i dont think the payment method of the bitcoin will hold that long because there are allot of other payment methods that are better secured.
that is the problem for the adoption of the bitcoin. I hold most of the coins for investment, although I also use some.