December Price Movement

[Bitbuy]

Hi,

What outlook do you guys have on December? Especially with all the media attention going on right now? (China, etc,...)
I think we will be moving sideways for the rest of next week (after the usual weekend dip of course); followed by some heavy end of year price movement in the last two weeks.

Maybe this timeframe would be good to test some stability @ 1000 USD.

Again, this is not really based on accurate info, but rather gut/feeling based...

[CoinGeneral]

I think at this current rate it might get up to $1.5k or even $2k by the end of the year, that's being very generous and optimistic though considering we have balanced out at around $1000 for the past two weeks.

It might just stay balanced at $1000 a piece for a few more months to come, who knows? It nearly hit $1242 again two days ago but due to the bad news regarding the new China and BTC banking law, the price skyrocketed downwards.

Still though, over $1000 a piece is great considering this same time last month it was going for I think $150 to $200 a piece, and it had stayed there for quite a few months already, maybe it might stay around $1000 for a few more months to come.

[traderCJ]

My guess is $1300 or so by end of year.  I just have a feeling that December will be pretty slow.  Hope I'm wrong!  Of course, a surge of bad news could put us well under $1k, but that goes without saying.

[Bitbuy]

I think at this current rate it might get up to $1.5k or even $2k by the end of the year, that's being very generous and optimistic though considering we have balanced out at around $1000 for the past two weeks.

It might just stay balanced at $1000 a piece for a few more months to come, who knows? It nearly hit $1242 again two days ago but due to the bad news regarding the new China and BTC banking law, the price skyrocketed downwards.

Still though, over $1000 a piece is great considering this same time last month it was going for I think $150 to $200 a piece, and it had stayed there for quite a few months already, maybe it might stay around $1000 for a few more months to come.

I wouldn't be averse to it staying at 1000 $. Speculation is nice, but augmenting the usability of Bitcoin (for merchants) is nicer.