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Topic: Is BTC going permanently over 500$ in december 2015? - page 4. (Read 3812 times)

uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
not sure, many was thinking that 600+ was rock solid when we were at 1200, but we increase too damn fast at that time, this time seems more steady and more slowly, which translate in more rock solid

but still 500 does not look as rock solid as 230(the most rock solid until now) or 300(the second most one), 300-500 range was achieved much faster...
very reasonable opinion that I must second. $350 looks as the last solid resort on the way up to me. All what is above was claimed too fast and can be given away in the same manner if selling pressure appears. Solid over $500, definitely not now, and definitely not this month.
newbie
Activity: 41
Merit: 0
its impossible to reach some kind of a price permanently as the price is unpredictable
legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
Nope. The price will not go permanently over 500$ in December 2015, imo the price will reach 500$ at the end of the year but in January we will see it drop below 500$ then recover...etc until the halving.
legendary
Activity: 896
Merit: 1000
never expect a price to permanently stay above a certain price level. no matter how strong different price levels may look, whales can easily crush the "strong" buy support within 2 seconds, and force the price down to levels that may make some traders very sad.

I think what TO means if we have found a new low at 500. And no I don't think that. For me the low is still somewhere around the 300 usd value.
If we are still at 420 in january then yes it is safe to say the low has moved up to 400.

i don't take any price serious untill we have seen the block halving has been completed. untill that, each price can get dumped to the ground or pumped sky high. even if we go to $550 i think we still can fall back to around ~$370. some whale traders are enjoying what they do with the price. one day it looks like the price is about to explode, and the other day it looks like it will get dumped to the ground.
legendary
Activity: 1946
Merit: 1007
500? what happend to 400 USD. If we have a stable low at 400 it has been tremendous yaer for bitcoin.
For that matter I like any value above 350, which would mean the price has increased over 50% in 2015

Agreeing with you here. Finding a good bottom at 400 should be the first thing to look for before even thinking about 500.
200 was definately the bottom and 300 seems to be the first real safe number after that. This rise alone is already more than most other investments would ever get you.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
never expect a price to permanently stay above a certain price level. no matter how strong different price levels may look, whales can easily crush the "strong" buy support within 2 seconds, and force the price down to levels that may make some traders very sad.

I think what TO means if we have found a new low at 500. And no I don't think that. For me the low is still somewhere around the 300 usd value.
If we are still at 420 in january then yes it is safe to say the low has moved up to 400.
legendary
Activity: 896
Merit: 1000
never expect a price to permanently stay above a certain price level. no matter how strong different price levels may look, whales can easily crush the "strong" buy support within 2 seconds, and force the price down to levels that may make some traders very sad.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
500? what happend to 400 USD. If we have a stable low at 400 it has been tremendous yaer for bitcoin.
For that matter I like any value above 350, which would mean the price has increased over 50% in 2015
member
Activity: 80
Merit: 10
With the right amount of money anything can be manipulated so no it cannot permanently stay at that price!
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
I hope so, if we could stabilise in the 500's just as we get towards the halving then we could get a nice surprise Smiley
legendary
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
It will be a  while yet untill we keep consistantly above $500. Some day though  Grin Hopefully sooner rather than later.
hero member
Activity: 994
Merit: 500
For the moment 500 seems to be very likely with just 11 days left.
But getting back to 300 is also likely. It would make some people very very rich. It is like they will be giving themself a very generous christmas present..

Yes. It is unlikely for bitcoin price to be over $500 for ever. It might come back to below $500 again in the near future.

Thanks for acknowledging this. Too many people don't see the hype and can't see through the ultimate scheme. I am not negative on a price rise, but just being realistic about this price rise. For me it is no realistic that the current level will be maintained for the long term.
hero member
Activity: 811
Merit: 1000
Web Developer
Consolidating 500-1000 for the first few months of 2016 looks possible.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
For the moment 500 seems to be very likely with just 11 days left.
But getting back to 300 is also likely. It would make some people very very rich. It is like they will be giving themself a very generous christmas present..

Yes. It is unlikely for bitcoin price to be over $500 for ever. It might come back to below $500 again in the near future.
sr. member
Activity: 630
Merit: 250
Don't think so .
Maybe the price will stil go a little bit up at the end of the year, but 500 will be too high i think.
But you never know if people go christmas shopping and absolutely want to possess some more BTC and begin te buy. Let's hope so.
hero member
Activity: 994
Merit: 500
For the moment 500 seems to be very likely with just 11 days left.
But getting back to 300 is also likely. It would make some people very very rich. It is like they will be giving themself a very generous christmas present..
legendary
Activity: 3248
Merit: 1070
not sure, many was thinking that 600+ was rock solid when we were at 1200, but we increase too damn fast at that time, this time seems more steady and more slowly, which translate in more rock solid

but still 500 does not look as rock solid as 230(the most rock solid until now) or 300(the second most one), 300-500 range was achieved much faster...
legendary
Activity: 2436
Merit: 1104
maybe the will rise above $500 but i cant say it will remain there permanently, as you can see bitcoin price
has been fluctuating from $410-470 this fast few days it may take a week or more to rise above $500 but the fluctuation
will still be there, but hopefully the price will still keep rising.
full member
Activity: 131
Merit: 100
Can bitcoin be compared to candycrush? One is an IP, the other is a non-inflationary currency (at least will have nearly zero inflation soon). I don´t think one thing has anything to do with the other.

And I do think prices can be predicted, although not with certainty. I study austrian economics, praxeology, etc. If fiat money inflates a lot and is controlled by the state, of course its value will tend to fall. If a currency has limited to no inflation and is not controlled by anyone, its price will tend to rise.
sr. member
Activity: 448
Merit: 256
nobody can tell you that...

Price is purely speculation on the future value/demand of bitcoin not the current value as it for every trading asset.
If it would be clear that BTC would stay above 500$ we would already be at 1000$ or even much higher. Market is pricing in every piece of information at any time.
Hell we have to break 500$ before we can talk about staying above it longer term....


You have to keep in mind how small Bitcoin is comparing it to other market caps in this world.

Bitcoin can currently be compared to Candy Crush as it was bought for 5.9 Billion $....
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