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Question: What should be the new milestone bitcoin should break before Feb 1?
$500
$600
$700
$800
$1000
F*ck your rules, I'm going for $10k

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Author Topic: Will BTC reach $600 during the first month of the new year?  (Read 80060 times)
AncilVTwo
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November 21, 2015, 10:50:46 PM
 #841

i really dont think its going to reach in 9 days ( end of Nov). im just scared its going to go down a lot. however i believe and look forward to bitcoin being 500+ next year before the halfing.
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onemd
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November 22, 2015, 09:16:46 AM
 #842

The November is ending. It is quite difficult for the price to reach $500. There is still some possibility for the prcice to reach $500 in December.

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November 22, 2015, 10:05:57 AM
 #843

i would change the title to "during december" because it's clear that we ar enot going to 500 this month, the pattern is settled already, i never seen two big pump in a row, and this will not be the exception...

our chance to remain on 500 already passed with the last pump on thi month, it will not repeat itself again

we have 8days before november end
and anything can happen at this month Smiley

i doubt we can hit $500 again but i think we can stable at $350 above
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November 22, 2015, 11:43:43 AM
 #844

it wont there are not too much time left before the end of november

 
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paradoxum
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November 22, 2015, 11:46:40 AM
 #845

If we climb above $400 again the sells walls will pile on so fast...
jt byte
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November 22, 2015, 11:49:49 AM
 #846

If we climb above $400 again the sells walls will pile on so fast...
It has already! $409 and climbing now Roll Eyes
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November 22, 2015, 01:15:01 PM
 #847

Historically there's not been a great deal of downward pressure on price during Decembers. December 2011 saw a rise; December 2012 was flat, preceding a rise in January 2013 (to the >$10 then-ATH); December 2013 did see a fall (following the November 2013 >$1000 ATH); and December 2014 was mostly flat (but did precede a substantial drop in January 2015).

I don't think that it's reasonable to base the future price over past price though (future performance over past performance), especially over something as little as "it was in the same month". Granted I do think the price will be flat, but I don't think it will be flat because it happens to be coming up to December.

Agreed. The past data is all over the place - it leads me to believe that a belief that "prices fall in December" isn't a valid one. (Prices might fall - but it won't be due to any imagined "December effect").

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November 22, 2015, 02:13:08 PM
 #848

If we climb above $400 again the sells walls will pile on so fast...
It has already! $409 and climbing now Roll Eyes

Last week we were at 330, now around 320.

The ultimate direction is downwards unfortuanetly, i think in dec we see a rise again.
bitcoin-hunter
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November 22, 2015, 04:42:17 PM
 #849

November is alsmost done, so no i don't think this month, but december 500 is a certain possibiliy, taking in account the holiday promotions.
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November 22, 2015, 07:23:57 PM
 #850

If we climb above $400 again the sells walls will pile on so fast...
It has already! $409 and climbing now Roll Eyes

Where did you get the $409 number? I see the price is still around $330. Is that a typo?
The price shall not reach $500 in November. In December it is still possible, if there is a year end rally like the conventional stock rally each year.
bitcoin-hunter
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November 22, 2015, 07:37:27 PM
 #851

If we climb above $400 again the sells walls will pile on so fast...
It has already! $409 and climbing now Roll Eyes

Where did you get the $409 number? I see the price is still around $330. Is that a typo?
The price shall not reach $500 in November. In December it is still possible, if there is a year end rally like the conventional stock rally each year.

A end year rally is logic if you take in account where we come from. Maybe 400 usd at best

Not sure why but i also feel that 280 is also possible
nicked
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November 22, 2015, 07:42:35 PM
 #852

$280.00 is probably inevitable.
pissedoff
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November 22, 2015, 08:14:27 PM
 #853

If we climb above $400 again the sells walls will pile on so fast...
It has already! $409 and climbing now Roll Eyes

Where did you get the $409 number? I see the price is still around $330. Is that a typo?
The price shall not reach $500 in November. In December it is still possible, if there is a year end rally like the conventional stock rally each year.
I think its not a typo and he is trying to create a pump in the bitcoin price. There have been quite a few thread trying to achieve the same goal.
joinal
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November 22, 2015, 08:16:22 PM
 #854

If we climb above $400 again the sells walls will pile on so fast...
It has already! $409 and climbing now Roll Eyes

Where did you get the $409 number? I see the price is still around $330. Is that a typo?
The price shall not reach $500 in November. In December it is still possible, if there is a year end rally like the conventional stock rally each year.
I think its not a typo and he is trying to create a pump in the bitcoin price. There have been quite a few thread trying to achieve the same goal.
How do u pump bitcoin by saying bitcoin go up, bitcoin $1000??
Lol, i think that was just a bs post.

pissedoff
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November 22, 2015, 08:27:53 PM
 #855

If we climb above $400 again the sells walls will pile on so fast...
It has already! $409 and climbing now Roll Eyes

Where did you get the $409 number? I see the price is still around $330. Is that a typo?
The price shall not reach $500 in November. In December it is still possible, if there is a year end rally like the conventional stock rally each year.
I think its not a typo and he is trying to create a pump in the bitcoin price. There have been quite a few thread trying to achieve the same goal.
How do u pump bitcoin by saying bitcoin go up, bitcoin $1000??
Lol, i think that was just a bs post.
lol, I am not saying that he can pump the bitcoin price to $1000. He might just get a few newbies to fall for his trap.
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November 22, 2015, 08:32:48 PM
 #856

$280.00 is probably inevitable.

A close above 300 would be perfect since we came frm 230 usd.

But my gut feelings says it will close under 300 which would not be good. Since the next support level at 250 is in sight..
CryptoBjorn
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November 22, 2015, 09:04:02 PM
 #857

Bitcoin will rise to 500 usd but not in november. Eventually it will, december, january or else before the halving in july.

But maybe it will even go over 500 usd and we can embrace the 1000 usd barrier again. Wouldn't that be great!
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November 22, 2015, 09:16:16 PM
 #858

Well, Bitcoin already reached $502 (Bitstamp) at the beginnings of November Wink

It is not probable that it will reach this value again in this month. I think the price will remain stable above 300.

But if greed dominates the sentiment again, then we could see the impossible. A couple of days more above 300 with a slowly ascending curve, and we could reach $500 in 2 or 3 days. So it's perfectly possible. Bubbles and bull runs are pretty unpredictable - crashes too.

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jaberwock
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November 22, 2015, 09:32:23 PM
 #859

No way.

This is the end of month, so people will dump coin to pay taxes and other expenses.

I expect a test of the 300 level instead

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November 22, 2015, 09:36:48 PM
 #860

No way.

This is the end of month, so people will dump coin to pay taxes and other expenses.

I expect a test of the 300 level instead
People might buy bitcoin just for the black friday(November 27th) deal that bitcoin businesses offer.
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