We've made a great step today. Let's see where this is heading too.
For now the 500 usd target is coming very close indeed. Perhaps we can even go to 550 usd
Topic: Will BTC reach $600 during the first month of the new year? - page 23. (Read 80124 times)
December 09, 2015, 06:46:38 AM
December 09, 2015, 05:57:36 AM
well if btc gets to 500$ its a great breakthroutght to decemcer cuase usually this time of year its the low price of all year soo we can expect like 700$ to march 2016
Last year's December was pretty bad (~$900 -> ~$300), but that was the exception.
2011 - price in December ~10x the price at the start of 2011.
2012 - price in December 2-3x the price at the start of 2012.
2013 - price in December >10x the price at the start of 2013.
I have no idea what December 2015 holds, but I do know this idea that December sees a price drop is a myth that isn't supported by the historic data.
Edit: close bold tag to clarify which part I'm replying to.
Today's December is different because of the great event that will happen in the following year. With this rumors of getting the price increase after halving may acquiring coins now because of fear that they can't buy at cheap prices now next year because of halving.
December 09, 2015, 05:52:02 AM
No, maybe $400
Bitcoin price is already at $422 on bitfinex, i think $500 is possible to reach before new year. 
December 09, 2015, 05:46:45 AM
I'm still trying to figure out what can be driving the price up right now, and the only news I'm seeing is Chinese appear to be going into a recession.
Given how much of the BitCoin ecosystem is driven by the Chinese, that might be enough.
I also have to wonder how bad it really is over there, given how strongly the Chinese government censors news to the rest of the world (AND internally)....
Given how much of the BitCoin ecosystem is driven by the Chinese, that might be enough.
I also have to wonder how bad it really is over there, given how strongly the Chinese government censors news to the rest of the world (AND internally)....
December 09, 2015, 05:37:22 AM
well if btc gets to 500$ its a great breakthroutght to decemcer cuase usually this time of year its the low price of all year soo we can expect like 700$ to march 2016
Last year's December was pretty bad (~$900 -> ~$300), but that was the exception.
2011 - price in December ~10x the price at the start of 2011.
2012 - price in December 2-3x the price at the start of 2012.
2013 - price in December >10x the price at the start of 2013.
I have no idea what December 2015 holds, but I do know this idea that December sees a price drop is a myth that isn't supported by the historic data.
Edit: close bold tag to clarify which part I'm replying to.
if this rising trend continues we will see 500 in no time
i just hope to maintain that price when we hit 500$
December 09, 2015, 05:14:30 AM
well if btc gets to 500$ its a great breakthroutght to decemcer cuase usually this time of year its the low price of all year soo we can expect like 700$ to march 2016
Last year's December was pretty bad (~$900 -> ~$300), but that was the exception.
2011 - price in December ~10x the price at the start of 2011.
2012 - price in December 2-3x the price at the start of 2012.
2013 - price in December >10x the price at the start of 2013.
I have no idea what December 2015 holds, but I do know this idea that December sees a price drop is a myth that isn't supported by the historic data.
Edit: close bold tag to clarify which part I'm replying to.
December 09, 2015, 05:05:38 AM
The recent price movement seems to be moving that way. The only question now is if it reach $500, can it stay $500 and above? I hope it is not like what happened last November when it reach 500 and went down drastically back to 350+.
December 09, 2015, 04:46:35 AM
well if btc gets to 500$ its a great breakthroutght to decemcer cuase usually this time of year its the low price of all year soo we can expect like 700$ to march 2016
December 09, 2015, 04:40:33 AM
Definitely. Just around $80 to go now. That's easy compared to the price jump from something like $200 to $350.
December 09, 2015, 04:39:19 AM
i would love to see it rise over $500 during december. I think fresh minted bitcoins are perfect for Christmas gifts as well 
Christmas very likely that we could touch $500, this time $420 only needed a slight increase. I believe the end of the year could touch $500
Definitely it will. Just need a bit of more push from the bulls. They are building resistance now around the current range. You can see what I mean that's why it stopped from pumping now. The battle between bear and bulls are equal as of now. Hope the bulls win.
December 09, 2015, 04:35:10 AM
i would love to see it rise over $500 during december. I think fresh minted bitcoins are perfect for Christmas gifts as well
Christmas very likely that we could touch $500, this time $420 only needed a slight increase. I believe the end of the year could touch $500
December 09, 2015, 04:32:49 AM
Hopefully it sustain the 420 range and no bulls will do panic selling even the price went 400. Come on bulls. We trust your spirit. I want to help. I just don't have money to buy bitcoin lol.
December 09, 2015, 03:37:41 AM
i would love to see it rise over $500 during december. I think fresh minted bitcoins are perfect for Christmas gifts as well
December 09, 2015, 02:51:13 AM
All going well it looks like we're going to be hitting $500 pretty soon. Some jump from last night.
December 09, 2015, 02:49:52 AM
At this rate, we'll be talking about bitcoin price hitting $600 during December.
'Tis the season to be jolly.
'Tis the season to be jolly.
December 08, 2015, 09:55:17 PM
my post yesterday 
my sell order filled im earning some but my altcoin sell order not filled and i sell it now my altcoin before down more
anyway Im sure nextday we will hit $450
my sell order filled im earning some but my altcoin sell order not filled and i sell it now my altcoin before down more No earning today, my bitcoin sell order not filled, im waiting sell at $420 , and i hope today my sell order get filled
and still hold some altcoin
and still hold some altcoin
anyway Im sure nextday we will hit $450
December 08, 2015, 09:50:21 PM
First let's just see if we can stay over $400 for a week.
Over $500 by Xmas would be nice though.
Over $500 by Xmas would be nice though.
I don't think this is quite a possible feat for the deadline to be by Xmas. Even with the super pump to $500, there proved to be some major resistance around that area. I think we'll get there eventually, but it might take some time.
Your characterization of $500 seems quite strange.
Think about what you are saying?
I would not characterize an inability to sustain a sudden rise to $500 (of prices above $450 for less than 18 hours) to be any kind of meaningful test of resistance.
In retrospect, it should be clear that the November 4 rise to $500 was just to quick under the then circumstances.
Currently, such $500 prices may or may not be sustainable depending upon how long from here it takes to get there and whether BTC's current price performance begins to attract deeper support - for example in the coming weeks between now and when santa lands his sleigh on various BTC trader roofs.
December 08, 2015, 09:26:02 PM
Decided to go long until $400. Neither it's a trap or something it's fine. Let's have some good output here. Bulls and Bear 50/50.
December 08, 2015, 09:21:51 PM
it will be very difficult to maintain a price over $400. if we indeed manage to stay at least above $400 for a while, then we can start building new support levels. only time will tell.
Approximately, the price has 4 hours now over 400$ and i still see the green lights
with average 417$ on the exchangers [411-425$]. We didn't hit the record imo yet in December or as a member mentioned it is still the beginning. December 08, 2015, 09:20:02 PM
First let's just see if we can stay over $400 for a week.
Over $500 by Xmas would be nice though.
Over $500 by Xmas would be nice though.
it will be very difficult to maintain a price over $400. if we indeed manage to stay at least above $400 for a while, then we can start building new support levels. only time will tell.
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