What do you think this is the sign that the price will rise above $500

teddy5145

hero member

Activity: 714

Merit: 528

Quote from: enhu on December 11, 2015, 06:16:38 AM

It may stay $400+ soon as the support hardens, it may fall later but it won't go below 400. Probably not just Christmas but also the popularity now that Satoshi is active aka CRAIG Roll Eyes

Christ sake stop talking about that dude, no solid proof that give us a sign that he is Satoshi and even if Satoshi came back from the grave im sure the price won't get any significant rise, this is not 2010 where bitcoin need the help from Satoshi, we are independ now Wink

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

Quote from: Amph on December 11, 2015, 10:14:14 AM

christmas or not the new bottom can not go lower than 350 anymore, so we are increasing slowly, with multiple pump and then price correction everytime

maybe we are just heading slowly to the last ath with the intention to surpass it once we can be stable at that point

certaily, i'm sure that no festivity can help us for the long term

I agree that $350 seems a stable floor right now. How it develops further that is a big question. If we paint double top at $500, we may stay a couple of months in the area $350-400, waiting for the halving to get closer.

CryptoBjorn

hero member

Activity: 714

Merit: 500

Well I can't do anything to helep bitcoin increase that much, but I am just happy to watch it goes that high.
But I am kinda happy if the price will be around 420 dollars.

randy8777

legendary

Activity: 896

Merit: 1000

my guess is that we will touch the $500 price level again this month, but i don't mind it if the price stays in the current range. it allows people to buy more. it's much better if we go up slowly. i prefer a 10% growth in a month over a 10% growth in less than a day. what goes up quick, may come down quick.

BitMaxz

legendary

Activity: 3234

Merit: 2943

Block halving is coming.

Look at this new market chart

Did you see the arrow there?
Do you think guys is just a effect of yuan to usd?
Or just a sign that the price will reach above $500?
For me is just a news and we are not sure if this is the reason why bitcoin is pumping up and down...

Pab

legendary

Activity: 1862

Merit: 1012

There is quite good explanation of btc price rise on coindesk

Yuan is failing to dollar

"It's pretty simple in my view ... A domestic Chinese investor is faced with falling yuan, falling commodity prices and falling real estate prices. One of the few alternatives is bitcoin, which is negatively correlated to all of this

http://www.coindesk.com/bitcoin-price-at-one-year-high-on-record-volumes/

and something nice at bottom of article

Yeh pointed to the Scaling Bitcoin conference in Hong Kong, which produced the 'segregated witness' scaling solution that doesn't require a hard fork as one example. Additionally, the Satoshi 'unmasking' by Wired and Gizmodo has cast a spotlight on the cryptocurrency, he said.

Yeh said bitcoin may simply be rebounding from a pronounced price dive in 2014, when it was "very oversold". Conversely, he said the technical indicators, in his view, showed that bitcoin is now on a trajectory similar to its massive run-up in 2013, which led to it breaking the $1,000 mark

"Looking at all the factors and the technical factors ... bitcoin could rocket past $600."

So dont think about 1000$,but 600$ is coming

Denker

legendary

Activity: 1442

Merit: 1014

Quote from: BitMaxz on December 11, 2015, 05:51:22 AM

Hi guys.
Well we seen that the price break $410-$420 and now bitstamp price is $432.6
What do you think guys the price will rise $500 above before ends of the year
or this is just an effect of christmas and sooner or later it can falling down back to $400 below?
What do you think guys is this a sign?

Maybe we will see the 500.But maybe not.
I say it doesn't matter that much.And the reason is as long as we see that Bitcoin is growing like the last 2 months I'm totally fine with it.The trend shows that we go up.Only that counts!

rokkyroad

legendary

Activity: 1090

Merit: 1000

Quote from: WENGER on December 11, 2015, 01:16:26 PM

Actually for the first time in many years, I think it has a great chance that surpasses the $500 before Christmas and not only that, and also to actually stay on that mark with little to no decrease in value afterwards mainly due to the fact that this time rise in value is not sudden, it's gradual one which is really good.

A couple weeks ago I was sure we would be back down to $300 but no. Even a pessimist like myself must admit this is looking good. Buy and hodl.

WENGER

sr. member

Activity: 274

Merit: 250

Negative rating was requested by me (SFR10)

Actually for the first time in many years, I think it has a great chance that surpasses the $500 before Christmas and not only that, and also to actually stay on that mark with little to no decrease in value afterwards mainly due to the fact that this time rise in value is not sudden, it's gradual one which is really good.

Xubu

full member

Activity: 252

Merit: 100

It is gonna happen. Expect price above 600 dollar in a few days. That is due to several things.

For example the 'segregated witness' scaling solution that doesn't require a hard fork. The story of Nakamota being 'unmasked'. The fall of the Yuan.

don't miss this train this time! Buy before its too late.

Junko

legendary

Activity: 1512

Merit: 1000

Not a sign, but perhaps the last time we touched $500 recently ago, a lot of people sold in order to recover/break even when they bought around the same levels last year or whenever it was before the price tanked down to and stagnated in the low 200's - low 300's range for the longest time. Now that they've done so, maybe there will be less people who will feel the need to do so this time around as we run up to and pass the same levels again and thus those prices will be more sustainable.

Just my speculation/guess.

Dafar

legendary

Activity: 1330

Merit: 1000

dafar consulting

Quote from: enhu on December 11, 2015, 06:16:38 AM

It may stay $400+ soon as the support hardens, it may fall later but it won't go below 400. Probably not just Christmas but also the popularity now that Satoshi is active aka CRAIG Roll Eyes

Satoshi is not Craig you fucking idiots..... jesus stop talking about this guy and move on

Amph

legendary

Activity: 3206

Merit: 1069

christmas or not the new bottom can not go lower than 350 anymore, so we are increasing slowly, with multiple pump and then price correction everytime

maybe we are just heading slowly to the last ath with the intention to surpass it once we can be stable at that point

certaily, i'm sure that no festivity can help us for the long term

newcoins1978

sr. member

Activity: 406

Merit: 250

Well my speculation have been wrong, so I think it will happen and it will go down again.
So maybe at the end of the bitcoin will be $450.

Eroanwan

member

Activity: 86

Merit: 10

I don't really see any signs but I do believe that if bitcoin keeps going up the way that it has been going, it's possible to see bitcoin hit $500 again before the year ends.
Would be great to see this happen again.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: BitMaxz on December 11, 2015, 05:51:22 AM

Hi guys.
Well we seen that the price break $410-$420 and now bitstamp price is $432.6
What do you think guys the price will rise $500 above before ends of the year
or this is just an effect of christmas and sooner or later it can falling down back to $400 below?
What do you think guys is this a sign?

There is no such thing as sign. The right term for here is "chances". By looking at the current volume you can see more bulls coming in that gives the price pump. As of Im posting this, bears enter and take down the prce at $6 then price stopped again to move because of fair volume shown by bears and bull.

Legasean

sr. member

Activity: 338

Merit: 250

Well I can tell if it will go above 500 dollars.
I just can hope that in 2016 the price will be more than 500 dollars.

MaxTax

sr. member

Activity: 322

Merit: 250

I'll believe that we can hit $500 after we hit $450.

Quote from: enhu on December 11, 2015, 06:16:38 AM

It may stay $400+ soon as the support hardens, it may fall later but it won't go below 400. Probably not just Christmas but also the popularity now that Satoshi is active aka CRAIG Roll Eyes

I don't believe this Craig guy is the real satoshi. There's just not enough proof for that yet.

enhu

legendary

Activity: 2478

Merit: 1018

It may stay $400+ soon as the support hardens, it may fall later but it won't go below 400. Probably not just Christmas but also the popularity now that Satoshi is active aka CRAIG Roll Eyes

BitMaxz

legendary

Activity: 3234

Merit: 2943

Block halving is coming.

Hi guys.
Well we seen that the price break $410-$420 and now bitstamp price is $432.6
What do you think guys the price will rise $500 above before ends of the year
or this is just an effect of christmas and sooner or later it can falling down back to $400 below?
What do you think guys is this a sign?

Topic: What do you think this is the sign that the price will rise above $500 (Read 1007 times)