and we can see a stable value around the range of $500 by the month of December 2016
I think not December yet. or the previous month. bitcoin prices have touched $ 500
I hope so. right now we reach $425.
In December this year, the price will go to $1200 or higher. The block reward halving will increase the price a lot.
It is quite possible for the price to reach $1000 or higher this December. it also depends on the adoption.
Yeah it is possible that it will reach to that level by this december, and may be higher totally depends on the user adoption, if the adoption is higher we can expect higher price.