Bitcoin at $600 before December?

[Blawpaw]

The Bitcoin price has been reversing its descending path on to an upward trend. Trading looks good.

Considering the halving is going to happen in early January, do you believe Bitcoin can hit $600 before December?

[randy8777]

The Bitcoin price has been reversing its descending path on to an upward trend. Trading looks good.

Considering the halving is going to happen in early January, do you believe Bitcoin can hit $600 before December?

blockhalving will roughly happen in late juli 2016. that's nowhere near january as you say. beside that, i think $600 is too high. my guess is more between $400-$500.

[Jorge320]

I think $600 is optimistic, but $300-$400 range seems likely, slow increments will help volatility in the long run.

[fullypak]

The price upward basically triggers based on demand for the bitcoins. If more and more companies accepts bitcoins then surely bitcoin price will move up and I don't think this it will happen so fast by this year end to reach price 600. I think it may go up to 400 in this year.

[ask]

800

[talkbitcoin]

The Bitcoin price has been reversing its descending path on to an upward trend. Trading looks good.

Considering the halving is going to happen in early January, do you believe Bitcoin can hit $600 before December?

http://bitcoinclock.com/

it will happen in july and it is going to $1000 IMO

[Chef Ramsay]

The Bitcoin price has been reversing its descending path on to an upward trend. Trading looks good.

Considering the halving is going to happen in early January, do you believe Bitcoin can hit $600 before December?

http://bitcoinclock.com/

it will happen in july and it is going to $1000 IMO

I can agree with that and I'd say that another 4-5 times boost by next fall or beyond that at this point. Tho, I'm seeing this closer to $1k sooner than that and perhaps the repeat of the '13 early summer as the soon and the latter part of the year sometime during or after the hype of the halving.

[kwukduck]

In case you've  not been paying attention.. the price has big problems remaining at this level tending to slip down again into panic selling down to the near 200 range.
We won't get anywhere near 600.

[Pursuer]

In case you've  not been paying attention.. the price has big problems remaining at this level tending to slip down again into panic selling down to the near 200 range.
We won't get anywhere near 600.

you have been saying the same thing starting at $200 (saying it will crash to 100) then it went up to 250 (you said it will crash to 200) then it went up to 300 and now it is at ~280 and you are still saying the same stuff....

[Amph]

In case you've  not been paying attention.. the price has big problems remaining at this level tending to slip down again into panic selling down to the near 200 range.
We won't get anywhere near 600.

wasn't the same when we were in the 220-250 range? but look now we have made a good progress, so there is no reason to believe that we cannot make another one..

[Natalia_AnatolioPAMM]

Trend looks good, but $600... That's impossible

[Thekool1s]

imo It will be around $350 not more than this at current rate. Getting to $600 mark is just dreaming, Next year it will be a possibility because of halving but not before that. But with Bitcoin anything can happen right, We may have bitcoin sitting at $1200 a piece.

[LFC_Bitcoin]

The Bitcoin price has been reversing its descending path on to an upward trend. Trading looks good.

Considering the halving is going to happen in early January, do you believe Bitcoin can hit $600 before December?

The next halving is in July 2016 not January 2016. I believe we can hit 500-600 USD as a result of the halving next July.

As far as January 2016 goes I think 350 USD is a good, realistic target. I don't like to set unrealistic targets so I've named two achievable price targets.

January 2016 - 350 USD
July 2016 (halving) - 500-600 USD

[randy8777]

In case you've  not been paying attention.. the price has big problems remaining at this level tending to slip down again into panic selling down to the near 200 range.
We won't get anywhere near 600.

i love how you are trying to make everything around bitcoin look bad. it's a day job for you isn't it? my guess is that we'll see the price go to around $400 by then. not much higher.

[NorrisK]

The Bitcoin price has been reversing its descending path on to an upward trend. Trading looks good.

Considering the halving is going to happen in early January, do you believe Bitcoin can hit $600 before December?

The next halving is in July 2016 not January 2016. I believe we can hit 500-600 USD as a result of the halving next July.

As far as January 2016 goes I think 350 USD is a good, realistic target. I don't like to set unrealistic targets so I've named two achievable price targets.

January 2016 - 350 USD
July 2016 (halving) - 500-600 USD

I guess we will se a spike in between before stabalizing at those ranges.. It has been two years since any significant price spike. It is bound to happen sooner rather than later.

[Silly Money]

It's no way going to double by the end of the year. By the block halving (which is actually mid 2016) I think it will go up in value but no idea by how much. Maybe a hundred dollars or so. I expect a crash shortly after though as it will likely be caused just by people buying coins thinking the value is going to sky rocket.

[MF Doom]

It's no way going to double by the end of the year. By the block halving (which is actually mid 2016) I think it will go up in value but no idea by how much. Maybe a hundred dollars or so. I expect a crash shortly after though as it will likely be caused just by people buying coins thinking the value is going to sky rocket.

I agree, no reason or big news that could drive a double in price.  If anything I think we have a bigger chance of the price cutting in half.  Mostly because the whole greek debt crisis runup was very weak, and shows we're on a slippery slope.  Also shows most everyone involved with btc is doing so for speculative reasons

[mindrust]

It will be around 350$. That is my safe guess. If i have to be optimistic then it will be around 400$.

600$? nop. That is not going to happen unless Mark Karpeles runs his business again.

[g-unit]

In case you've  not been paying attention.. the price has big problems remaining at this level tending to slip down again into panic selling down to the near 200 range.
We won't get anywhere near 600.

Aren't you the chump who sold his bitcoins at 10 bucks a pop?

[Furio]

The price upward basically triggers based on demand for the bitcoins. If more and more companies accepts bitcoins then surely bitcoin price will move up and I don't think this it will happen so fast by this year end to reach price 600. I think it may go up to 400 in this year.

If more and more companies start accepting, it will drive the price DOWN... Those companies need to have bitcoin exchanged to fiat in order to pay the bills. Dumping causes a price drop. Remember when Microsoft started accepting, in a week the price went down 100 dollars.  There's a world to be won to make options available for companies to spend their bitcoin. There are alot of options now, but it's more for the geek, not for serious business.

I think somewhere around 450/500, but who knows