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Topic: Will BTC reach $600 during the first month of the new year? - page 30. (Read 80124 times)

legendary
Activity: 2982
Merit: 1485
There are still 28 days, that's too long for Bitcoin. I think we can see a new movement before Christmas, that would be dope! But right now it has to go down because I want to buy more coins. Smiley
legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
What about  adding 400$ to the poll?
From what I see now the price could stay +350$ on the next days then jump to 400$ before Christmas, 500$ imo isn't that easy to reach and even we will be there again soon it will be for a short period.
hero member
Activity: 490
Merit: 500
I honestly don't seem to be able to guess but what I have noticed is that everytime the price has a dramatic change after a few days when everything calms down, the price will be stable between 20-30 for weeks until the next drastic change and I have been able to profit immensely from it, basically sell at 240, place buy order at 220, wait for it and repeat and it's working extremely well.
legendary
Activity: 896
Merit: 1000
I still expect Bitcoin to see $300 before the end of the year, the fundimentals are still negative overall.

 $500 sometime NEXT year I expect, but probably not 'till May or June - a month or two before the block reward halfing the speculators will get active in buying, drive the price up probably 50-70% or so (I won't be shocked if I'm underestimating the jump), then a month or two after the halfing it will settle back down some but not to what the floor was before the halfing.

 There is ZERO certainty about any "rally before Christmas", I think the last bump was a "pump and dump" not a rally.

 $354 and dropping - yup the "fact" it's holding at $360 was a mirage.


Yes $300 or something very close to it is possible. But this would be the absolute bottom imo.
So this could be an great opportunity to increase your BTC stash. See it as kind of a christmas present! Grin

$300 is definitely possible, but i think it's more likely we see the price go over $400 rather than going to very close $300.
legendary
Activity: 1316
Merit: 1004
Lets just stop saying number because at the end we will just jinx it and the speculation is not good.
So lets just watch wat will happen.

Haha, well I mean isn't that the whole point of speculating in the first place? To speculate what price it will rise too on a given day/week/month/year?  I'm not very superstitious, but I get I see what you mean if you are... I would not look at this thread if you have that sort of mentality that if people are too bullish in thinking that it will go the other way.
hero member
Activity: 770
Merit: 500
Forza Roma
It is possible that it will reach, if in those than is good.

And then I can't buy, because for me is kinda expensive.

I don't think it will reach the $500.
December is the month of the year where almost everybody is spending money for christmas, vacations and new years evening.
I would be really surprised if it happens.

Yeah maybe you are true they price is now 350 dollar around so yeah I just think it will reach around 400 dollar I think that is a good amount.
sr. member
Activity: 336
Merit: 250
We can say it will or maybe it will, but just lets watch if it will happen.

I think it will, but it is hard to reach.
legendary
Activity: 1946
Merit: 1007
I still expect Bitcoin to see $300 before the end of the year, the fundimentals are still negative overall.

 $500 sometime NEXT year I expect, but probably not 'till May or June - a month or two before the block reward halfing the speculators will get active in buying, drive the price up probably 50-70% or so (I won't be shocked if I'm underestimating the jump), then a month or two after the halfing it will settle back down some but not to what the floor was before the halfing.

 There is ZERO certainty about any "rally before Christmas", I think the last bump was a "pump and dump" not a rally.

 $354 and dropping - yup the "fact" it's holding at $360 was a mirage.


We have already touched 300 again after the last pump. We are clearly moving in the opposite direction again. Therefore, I really don't think you'll get the chance to buy 300 coins again.
We are moving into the new normals guys!
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
I believe the title of the topic is quite clear, and I expressed my opinion that I don't expect to see $500 again in December. What will happen later that is another story.
Bitcoin is not a seasonal asset yet, in fact there is too little historical data to draw such conclusions at all. To be honest, I am not sure if I understand what you are talking about. To believe that the history repeats this year, just because similar events happened last year (just ONCE!) is not very reasonable thing to do, to say the least.
 
You are correct to predict that possibly bitcoin will not meaningfully progress out of the $300s this month.  however, the more that you write, the more it becomes clear that you do not understand the upside potential of BTC.  

Yes, it is correct that there may be a lot of pressures keeping bitcoin prices down and potentially able to continue to be successful in the relatively short term to keep BTC prices down in the $300s or even possibly sub $300s.

Nonetheless downward pressure and even some people feeling less than enthusiastic about BTC is going to be much too little to keep the upward price momentum and exuberance, once the baby starts moving up and the snowballing begins to occur.. and even a few whales could cause such, if it does not result from a broader grass roots momentum.  

Your characterization of a ballooning of BTC prices as: "just ONCE" also either fails or refuses to adequately account for BTC's history.  


In order to better understand BTC's history, if that is what you are claiming to have described, you better go back more than 2.5 years.  I will give you a hint... BTC started in early 2009... and I believe the first trading for value of BTC came either 2010/2011 time-frame (depending, in part, on how you define trading).
I am afraid, you didn't understood what I was trying to say in my post. This thread, as it name says, is aiming at predicting the price of Bitcoin in the short-term, namely by the end of this month. Therefore mixing it with a mid-term, or even longer term discussion, what will happen beyond that in 2016 is a bit out of place. There are relevant threads in speculation forum to follow such discussion.
And one more thing, as I believe you are barking up the wrong tree, the guy whom I was answering suggested he would expect the price to rise in the year end because that happened once in the past. And thus my answer, that it is statistically very little significant to start talking about such 'seasonal' having that little samples.
legendary
Activity: 1442
Merit: 1016
I still expect Bitcoin to see $300 before the end of the year, the fundimentals are still negative overall.

 $500 sometime NEXT year I expect, but probably not 'till May or June - a month or two before the block reward halfing the speculators will get active in buying, drive the price up probably 50-70% or so (I won't be shocked if I'm underestimating the jump), then a month or two after the halfing it will settle back down some but not to what the floor was before the halfing.

 There is ZERO certainty about any "rally before Christmas", I think the last bump was a "pump and dump" not a rally.

 $354 and dropping - yup the "fact" it's holding at $360 was a mirage.


Yes $300 or something very close to it is possible. But this would be the absolute bottom imo.
So this could be an great opportunity to increase your BTC stash. See it as kind of a christmas present! Grin
hero member
Activity: 588
Merit: 500
Im a believer! It will rise even more.
hero member
Activity: 714
Merit: 500
Lets just stop saying number because at the end we will just jinx it and the speculation is not good.
So lets just watch wat will happen.
sr. member
Activity: 267
Merit: 250
6th BTC reached. Thank you for your support
ummm, same was said about November.  so we have to see.  I hope so.
sr. member
Activity: 364
Merit: 250
Happening maybe, but it can reach it you never know.

But I just believe it will be around 400 dollars in december.

legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
All this non believers I think will changed their state if bitcoin will pump one of these days lol.

If down for in less than 24 hours, "price will not touch 400 or 500"

If up in less than 24 hours, "yes definitely it will touch 400 or 500"

-snip-
legendary
Activity: 980
Merit: 1000
i don't know why but i'm quite doubt the bitcoin price will reach to $500 in this december
probably the opportunity will always there but i think it will not be happen in this month
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
It is possible that it will reach, if in those than is good.

And then I can't buy, because for me is kinda expensive.

I don't think it will reach the $500.
December is the month of the year where almost everybody is spending money for christmas, vacations and new years evening.
I would be really surprised if it happens.

more it will be in january 2016 when everybody goes out of cash  Grin
no offense to all but like you mentioned we will spend
hero member
Activity: 490
Merit: 500
~ScapeGoat~
I think the price gonna fall as per present context , price was up this week but could not touch 400$ and gave up at 380+ , I don't think it will touch 500 usd this year.
legendary
Activity: 1498
Merit: 1030
I still expect Bitcoin to see $300 before the end of the year, the fundimentals are still negative overall.

 $500 sometime NEXT year I expect, but probably not 'till May or June - a month or two before the block reward halfing the speculators will get active in buying, drive the price up probably 50-70% or so (I won't be shocked if I'm underestimating the jump), then a month or two after the halfing it will settle back down some but not to what the floor was before the halfing.

 There is ZERO certainty about any "rally before Christmas", I think the last bump was a "pump and dump" not a rally.

 $354 and dropping - yup the "fact" it's holding at $360 was a mirage.
legendary
Activity: 3248
Merit: 1072
what is certain at this point is that they will do another rally before Christmas, it is to be seen if it will be storng enough to push the price to 500, even as an unstable value

time to buy for now, reloading and then dump at 400-500 range my estimate
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