Will BTC reach $600 during the first month of the new year?

[btcbeliever]

Forget $350 ...  In November we will see a price in the $600-$1500 range, then accelerating up even more in December.  We will roll into a buying panic.  This looks just like what happened back in Oct/Nov 2014.

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[MrBig]

Forget $350 ...  In November we will see a price in the $600-$1500 range, then accelerating up even more in December.  We will roll into a buying panic.  This looks just like what happened back in Oct/Nov 2014.

Don't you mean November 2013?

[snipie]

Forget $350 ...  In November we will see a price in the $600-$1500 range, then accelerating up even more in December.  We will roll into a buying panic.  This looks just like what happened back in Oct/Nov 2013.

It is really hard to jump to 600$ only on November, maybe the next year but not before..

[Thekool1s]

I think Stability is more important the price rice, If we can get a stable 310+$ at the end of the year it would be pretty good, Fluctuation is one of the reason bitcoin hasn't gone fully widespread yet.

[btcbeliever]

Forget $350 ...  In November we will see a price in the $600-$1500 range, then accelerating up even more in December.  We will roll into a buying panic.  This looks just like what happened back in Oct/Nov 2013.

It is really hard to jump to 600$ only on November, maybe the next year but not before..

yes, 2013.  The price is going to start acting crazy, for better or worse. 

[2pak]

this is posible we still have 2 days before the end of november if the price is continues to jump we can reach the $350,

[OrientA]

I think Stability is more important the price rice, If we can get a stable 310+$ at the end of the year it would be pretty good, Fluctuation is one of the reason bitcoin hasn't gone fully widespread yet.

Many users recognize this. However, many whales want to make quick profit. They will pump the price up and then dump it to make large amount of profit.

We need the user base to grow even bigger so that a few whales cannot manipulate the price easily. One solution is to let the price go up slowly and increase the market capitalization of bitcoin so that the whales become smaller.

[MrBig]

The price was very volatile in 2013, with drastic price changes in a matter of minutes sometimes. Like I remember selling BTC at $150 and rebuying at $80 the next day kind of volatility. It would be pretty fun if we see that kind of activity again.

[ynef]

We need the user base to grow even bigger so that a few whales cannot manipulate the price easily. One solution is to let the price go up slowly and increase the market capitalization of bitcoin so that the whales become smaller.

Isn't FBI the biggest whale with 50% of the circulating coins? This amount is kind of hard to beat.

[NorrisK]

Amazing how fast sentiment turns around here after a few weeks of increasing price.. Changing from sub 200 doom Sayers to 350 and beyond advocates, with hopes of 500, 1000 and the rest.

I've strapped my seatbelt to safely ride this one out!

[LMGTFY]

Isn't FBI the biggest whale with 50% of the circulating coins? This amount is kind of hard to beat.

Where did the FBI obtain the > 7 million BTC? And have you discounted the BTC that the FBI has passed to the USMC for auction? (And obviously the BTC that the USMC has already auctioned to the public).

[ynef]

Where did the FBI obtain the > 7 million BTC? And have you discounted the BTC that the FBI has passed to the USMC for auction? (And obviously the BTC that the USMC has already auctioned to the public).

Nope. Totally forgot about the auction. Never mind then...

[LMGTFY]

Where did the FBI obtain the > 7 million BTC? And have you discounted the BTC that the FBI has passed to the USMC for auction? (And obviously the BTC that the USMC has already auctioned to the public).

Nope. Totally forgot about the auction. Never mind then...

Even assuming the FBI hung on to the Silk Road BTC and was selling them now, in one big batch - that'd only account for 144,000. I'm willing to bet they've seized BTC from other sources, but 7 million seems way too high.

...and that's before we get into whether or not the USMC would behave like a whale, or do anything to "manipulate" the BTC/USD rate prior to auction (disclaimer: I don't, for one second, believe they would).

[Hyena]

we just reached 320$. there are 2 more days left for this month. we could easily touch 350 even this month. Leave 350-3500 range for november.

[LFC_Bitcoin]

I think 350 in November is definitely possible, I wouldn't like to end up looking like an idiot & predict much higher but 350 seems possible for sure.

[OrientA]

A few days ago, I thought bitcoin could touch $350 in December. Now, it is very possible that the bitcoin price to be over $350 in November. The price rises too fast.

[newcripto]

Yes I am quite sure of this and couple of days it will reach 350 $.Having watched current trend easily can guess this is just matter of time and it will keep going up till halving of blocks.

[Nimbulan]

i hope it will though theres not too much time for achieving this goal but if we would go up 10 dollars each day its doable i think

[richardsNY]

The price is going up in quite a quick fashion. $350 in November is very possible. Glad I bought myself some coins at $240. Now it's waiting for the price to reach $400 this year. It will be difficult, but not impossible.

[Swordsoffreedom]

we just reached 320$. there are 2 more days left for this month. we could easily touch 350 even this month. Leave 350-3500 range for november.

I'm in that mood as well, right now it's hit the $320 level which was an important target.
$350 in 2 days is a very rapid increase but then again it passed from $280 to $320 in two days as well so I'm not saying its out of reach.