Bitcoin Forum

1st Question Why do u think the price is rising? , And I have 2 follow up questions. What do u think the stable price will be after this mini bubble. And what do u think the price will be around at the end of the year?

Looks like China is taking it seriously. Next stronger resistance should be at $454 and by the looks of it, I believe it won't fight for long.

You are missing $1000, and $2000 as options

I don't Believe Bitcoin is going to stabilize at $1000 or $2000 for now. Its very unrealistic, Unless people become rapidly start to switch to bitcoin.

Who believed Bitcoin was going to stabilize at $250, when they bought it at $5 a few years ago?

I agree. BTC has no fundamental value limit, so could 'stabilise' temporarily anywhere. Or not. It could just remain volatile.

More interesting is upward spike happening right now!!! It could easily rise to 1,000 USD this week! This is the Bitcoin of old, in the glory days of 2013. Massive upward spikes, making or breaking the brave BTC trader. Not the sad, slow decline of 2014-15 (up until now).

$400 on preev. I think i am underestimating bitcoin this time. Lets see what the future holds. May Bitcoin reach the moon! :D

You might be dreaming if you think it's gonna rise up to 8k. Though at this point, it's very hard to predict the next stabilizing price. Until the rise slows down, there will be no accurate prediction.

im a new beliver or europe like not just china and this its going to 500$ till end of december but can even be more high. i guess there are 2 good news china and europe and some companies acempting and more to community its coming

I think that the next stable price will be 600$. 1000-2000-4000$ is too much right now, maybe when there will be the halving we can consider that price, but no now.

China wants $600. I'll gladly let them have it :D Voted for $420+. I think under 500 is realistic for November.

x50 of current price would be unrealistic, seirously speaking, at leats for now, but 1k-2k is in the range of reachability, as a stable price

The next stable price could be much higher than 500. We know that a lot of investment funds/banks are looking at bitcoin. Most of them know very little about bitcoin. But I'm sure there are a number who at least see the potential when becoming a store of value.
Now, if you're a self respecting investment fund you'll want to play in the big leages. At least they want to be top 10000 (equals about 1000 bitcoins) or better top 1000 (equals about 10000 bitcoins). Some of them are already gathering coins, some have not. If this rally goes above a certain point they'll have to jump in. This will translate into huge demand. At the moment buying 10000 coins would cost you 4million USD, pocket change for these guys.

$722. check the Bollinger bands....

These people are noobs who haven't lived through an exponential run before.

We could have a 100x run to $20K and it still wouldn't be setting any records.

Exactly. When I stopped GPU mining bitcoins were at 0.05 USD. That's 8000x less.

I think it might rise up to $1000 again!

I don't know if the price will be stable or not, but I would expect $2k before the halving. $10k by Christmas 2016.

Nobody knows this OP! I can throw some numbers at you now but I don't know why would I do so! This is insane growth. Every time I look at my price widget we have broken the highs.

The way this is going, we might be going over the all time high and I mean this, I am not kidding at all.

Why was the poll changed? Now my vote changed too...
Now I'm in the 550-600 range.

Sounds good though :)

$350~$400. the price won't become stable again until early next year after the bubble burst.

as long as we can stay above $400 it's fine for me. but i think traders will take profits at these levels, which will cause the price to go down. but we can only guess, no one knows what will really happen.

From a trader's perspective, a $454 is a good place to close a long position because it's a resistance level from 2014.

However I'm not so sure any more that technical analysis is helpful at this point... By reading all the news about Bitcoin lately, this price rise is definitely backed up by solid stuff.

First off,I will say it is not bubble, this time the rise is true and will keep continue.The second answer is I think price should be stable between 600-650 $ somewhere for a period and then again will keep growing steadily until it reaches to it true value.

Seems that i am the only one who voted $500 - $550.
I think that the price firstly need to reach at least 500,
And then to be somehow stable but maybe more than that.

My guess is, there will be no stable price for a long time to come. We're going up or down, probably a lot of both in rapid succession. Sideways has been an aberration, historically.

It seems that next stable price will be between 500-550 USD range.This is the range where we can see the previous model of 220-240 USD.So 500-550 USD range will be for long time and then next rise will be before and after halving next year which will take it to the sky in my opinion.

Exactly. Nearly all of the people saying "I don't think this is realistic" haven't even been through one bubble!

450-500 $ is perfect line to see stability in price.I think this rapid rise soon will take some rest and growing will be little slow and over all it will stable for some period in this level which I described at the start of my post.

$600-$650 will be next stable price i expect this would happen very soon this month would be wonderful and price will be stable around, in next push will reach next floor around $1000 and more high.

I think op add more option into voting poll i didn't see $1000 there.

Mini bubble? dude whats stopping us from going to $5k and the new stable price being $2k.  People thought it was mad that bitcoin could be worth $1,$10,$100 etc.  Nothing has changed, everything has got better.

I do agree that this is not bubble and there is not any specific level where we will see stability for a while.There will be just straight increase towards higher and higher price that can be 10k $.I will not wonder to see 1 BTC/10000 $ in coming months and I expect that to happen too.

its really hard to predict it as its going up really hard right now though i believe it will be somewhere from 350 dollars to 400

In my opinion 400-450 $ is next stable area of prices of Bitcoin.It is just my guess because it is really hard to guess especially prediction about Bitcoin but it is realistic approach to see stability coming time in this range.

Price of Bitcoin will not stable nowhere and just will keep increasing little little in coming weeks.This will be constant increase even the speed of increasing will be slower but this increase is permanent and every floor is stable from now onwards.

$1500~$1750

only time will tell where the price will reach a stable price level. as long as it stays above $400 we can see most people be very satisfied. we don't know if china will start dumping again after pumping so hard. it's a matter of time before we figure out.

Next stable price ... $503,945 ;)