Bitcoin Forum

So...

maybe not permanently, but we are heading to 500 and above in 1 or two weeks, at most

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 $....

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.

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.

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...

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..

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.

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.

Consolidating 500-1000 for the first few months of 2016 looks possible.

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.

It will be a  while yet untill we keep consistantly above $500. Some day though  ;D Hopefully sooner rather than later.

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 :)

With the right amount of money anything can be manipulated so no it cannot permanently stay at that price!

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

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.

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.

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.

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.

its impossible to reach some kind of a price permanently as the price is unpredictable

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.

Not permanently. There will always be ups and downs. Just like the $1200 to $200 drop, it will be one but on a larger magnitude. Maybe $2000 to $400. Who knows?

From what I have seen so far I would say a definite yes. The price is steady and not jumping to much at one time. That is a good growth and it will hit that mid kilo mark and stay that way into the new year.
This is my prediction from what I have been analysing so far from charts of the past month. Since the last big surge at the beginning of November.

The euphoria and certainty has me really scared tbh. Whenever everyone starts jerking each other off over how the 10-20% increase is a sure thing, it's a pretty good indication that people aren't thinking rationally.

The chinese are driving the price up because they're silly geese. But we're losing steam. If and when a whale calls this the local max and begins dumping, sentiment changes and we're back at 300 before you know what hit ya. If this was a slow bumpy increase I'd feel great. But look at the zoomed out charts. This isn't sustainable.

I'm long on btc but from now through February I'm treading carefully.

By observing the charts and analyzing the current demand up coming events of bitcoins, I am sure the price will be above $500 by end of 2015 and it will be a positive sign for those who have been holding coins as they can sell them and earn profit. However, it is likely that the rise in price will last for ever there after unlike it was the case in 2013.

i do believe bitcoin will reach to $500 someday but i think there is no permanently price in bitcoin and probably temporary stable or stuck in that price within a certain period only and because bitcoin price is very unpredictable and can down or rise up anytime

First of all, I think the more suitable word is "stable" , not "permanently ". Anyway my thoughts about your question is that won't happen, at least in this year 2015 , until it end. I'd be happy and contented seeing bitcoin stable @ 450. 500 is a bit unrealistic to me. I guess we will be seeing more than 500 on second quarter of 2016

I think we might get there this month with the way the price has been swinging lately, but whether it'll stay there is another matter.   I'm hoping it will.

im not to excited to see price hit 500 but 450 is realistic for me and for this month end
i sure we will hit 500 but i dont think we can maintain it for long maybe few hours but not days im seeing this price in January for sure

I am fairly sure the price will go to $500 during December and yes, I also believe that it might very well be the last chance to buy your coins for under that.. Anyway, whatever happens I am holding and buying more. I am happy if the price raises as the value of my coins will raise but I am happy if it goes down so I can buy more cheap coins. Winwin.

We should be easily at 500$ by the beginning of January. Nothing is always the same but the price held three major pump/dumps recently so maybe is time to establish the price above 500$, this time for good.

No. There is no such a thing as a permanent price in Bitcoin. I am happy with whatever price is comming towards us the comming months. If we fall back to around $300, then it's fine. If we go up to around $500, then it's fine too. We'll find out what will happen.

For me i think no after reaching $500 above and after end of the year the price will falling back down.
There is no permanent fluctuate price so its better to keep watching the price pump and dump and ready your bitcoins for tradings...

I wish I had a time machine to tell you if that happens.
But we are almost there, we are coming 500 dollars. I think we will reach it and go around 480 dollars.
For now I am just happy that bitcoin is around 439 dollars is really good for now.

Nobody will know for sure where bitcoin is going. I think that when and if it hits $500 before the year ends, it will go back down to the value it is right now so around $400.
I don't think we'll see a stable $500 yet. I see the possibilities in 2016 though.

If you move the year by 1 and say that "Is BTC going permanently over 500$ in december 2016?" I would agree.

No. I don't think it will stay at $500 for long if it does reach $500 this month. But next year, I can definitely see this happening.
It just seems to soon. Only last week bitcoin was having a hard time to stay above $400.

Are we permanently above $400 or at least above $300?

No it won't be permanently at 500 dollars maybe it will reach.
With bitcoins is always a rollercoaster so we will see what well happen.

I don't see this happen. If you check the charts you see the moment it reach 500 lasted only for minutes.
Then al of a sudden it went down hlll very fast.

Alas, the market had decided the 500 barrier was to eary.

You could have said the same about $300 throughout much of 2015! Price hit 300, and fell back shortly after in January, March and July. Then, of course, November happened - and now we're discussing 500 instead of 300.

However, you could be right, and it could be too early - I simply don't know. But ruling out 500 on the basis of the previous attempt to breach it, well, that seems too simplistic.

No, not permanently. I do see the potential of bitcoin getting up to $500 but it won't stay there for long.
I think that once it hits $500 a lot of dumping will happen. I don't think it will stay above or around the $500 until next year.
We all just need a bit more patience, it has potential and bitcoin is growing in value everyday.

But the last time the run to 500 was way more steep!
This time it goes slower and looks solid so far.
We will know this when the 500 will be reached again. IF we should be able to hold it however I can see us continue climbing.
But a small correction will happen meanwhile.

We are hitting 450 today.

No, I do see the possibility for bitcoin to reach $500 but I don't think it will stay there for long. Bitcoin will probably go back down like it did when it hit $400 a couple of weeks ago. Bitcoins reached $400 and went back down to $350 or so. It took a couple of days to get to a stable $400. I can see this happen when it hits $500 as well.

I believe bitcoin value will reach another $1000 just like 2011
As I know bitcoin become more popular since Paris accident

The price is still $450 on Jan 8 2016. It seems the price is very stable for the last month also. It is quite good for bitcoin.

No it didn't , that was just a short huge price rise, 2 months after december price is 430$, and it's not even close  to 500$, it will take some time for price to be so high again, and a lot of time to be stable there

yeah it's good for get new investor but feel bored when you see in chart price looks like not moved much in a weeks. hope so bitcoin can reach $450 again like in january

Its a flat line temporary.

You see this all the time with small price struggles, but they eventually go back bullish since people are aware of the halving situation on how people reactions.

I think the bitcoin price will go above $500 permanently from July this year. That is after the halving.

I hope you are right.. But since everyone is thinking about dumping their coins when the price go up after the halving, I'm afraid we might be back at this price or might go lower if many would dump..

The bitcoin price has been reasonably stable for the last 4 months. So I think it will be over $400 for the rest of 2016.

The price after $385 by the initial days of bitcoin is highly stable and continues growing slowly. Now it has crossed $450, so for this year we can see price above $400 till the end as the above quote.

That is hard to say because Bitcoin is a currency so you never know what can happen with the value around that time.
But of course the most people are hoping that the value will keep stable at that value, but yeah we cant control it.

Considering the halving looks very probably that yes a  value over $500 in december 2015 is feasible.

I think we will know if the bitcoin price will be permanently go above $450 in a few months time. The price is stable.

I think after August 2016, the bitcoin price should be $500 at least, and it is possible for it be over $500 for ever.

$500 is not a problem for us. That is just 50 dollar from the current price range. It is achievable within two months.

Achievable within two months? Considering it is May, two months lands on July and I assume you are talking about the halving. $50 isn't "just" $50 above price range since it is actually really large of a value. Well, small still considering the drop from 2012.

If the price is $500 in early July, that will boost the confidence of bitcoin owners.  I might buy some now.

This time the price might be a permanent one, after the December of this year. Price is stable for a long after it decreased from the price of $480. So if halving doesn't give rise also, gradual increase will give us a good price.

it's not december anymore, and everyone that thought that it is true, were wrong, because price fell down instantly after new year, and after 1 month it was 410$ again

but good thing now is that price rises again, and also we will have halving in July, so this means that price will rise to 800$ or even more, so then we will go permanently over 500$

It will reach in the end of the year for sure reach the $500 Dollar and that is nice because than the chance is also much higher that you can make profit in the next year and that would be perfect.
But the hard thing is that you cant control it and the only thing that you have to do is just wait and see for what will happen.

We might reach $500 in June or July. The price is $470 now, that is just $30 away from the $500 range.

You see now that the value of the Bitcoin is rising slowly now and that is nice but of course you are not for sure that it will always rise because it is a currency and that is impossible to predict.
But Bitcoin will have of course a higher value but it can just only takes a long time to sell it with huge profit so you need patience for it.

The bitcoin price just jumped 10% in the last few days. Maybe a new era of small pump is before us.

2015 bitcoin prices did not reach $ 500 and the price was still less stable, I think in 2016 this bitcoin prices will reach $ 500 and may be stabilized with permanent, it is because I saw bitcoin prices rise again

most probably, i think the price of the bitcoin might be starting to grow a lot in the near future, however i dont think it will be just an ordinary pump as after it the price wont drop

i think that during the halving the price might permanently go over 500 dollars because in my opinion a lot of people will buy coins in order to make a lot of money in short time

The bitcoin shall trade around the $500 for consolidate, then it will go to $550 in June or July and rise from there.

You see that Bitcoin was a long time stable for a long time so it has now the time to rise soon in the future so we can earn some more money with it and that would be nice if that is possible.
But you are not for sure that it will rise for a long time but the halving is also coming and that is nice.

The bitcoin price is already $580 now. That is after the 6 months of consolidation. The price is sustainable.

I think so. The $600 price range is good for the bitcoin at this stage. It is not too high or not too low.

That is right. I think the price should consolidate around the $600 level for a few months before it rise again.

The price of bitcoin is still consolidating at the moment. It might take a few more weeks to rise to $800.

The bitcoin price is quite volatile at the moment. It could stay here for a few weeks, or just to $800 in a few weeks.

The price is volatile. But the recent rise is too fast. So I think it needs some time to consolidate for a while.

Its may or may not depending on if theres people on the other side willing to buy more at higher prices.

And then a slow price fall - we wont really know the new medium price cause it can be way higher then $500 if the bitcoin reaches beyone $1k.

It will reach beyond $1500, and once that price gets in, you won't see bitcoins under 800 again as it seems a stable price for the better future of mining.

I think the bitcoin price will be higher than $600 in December 2016. It might be $1200 in December 2017.

I am more optimistic about the bitcoin price. I think it will be $800 in Spetember. It will be $1000 by year end.