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

[mixan]

its simple december will be 280 and march 400 again after that will rise to the 600 of the halving its my suspiciose guess

This is a good assumption on how it will pass with bitcoin until the halving.
It will drop, I can't see it going up. It is stuck at $325 as of now and not moving if any today.
$280 is a good prediction for December the way it is looking as of today.

i think btc price will slump at end of november, because of bad news from the media about terorism.
they always say that bitcoin is a teroris's money.

Those factors included shows the way the price is forming. And BBC put out some bad media on the yesterday's news about it being used to scam the uneducated about how it is used.

[dothebeats]

Improbable but somehow possible. Honestly, I'm just waiting for the price to touch sub-$300 to buy again as for me it is a bargain for the upcoming halving. The manipulators could easily take it to $500 level but it seems they keep those coins for something bigger.

[Eric Cartman]

It reached, but lasted less than 1 day, sadly

But still a good increase so far

[Proxiebuier]

i think btc price will slump at end of november, because of bad news from the media about terorism.
they always say that bitcoin is a teroris's money.

read this friend
http://www.coindesk.com/bitcoin-paris-and-terrorism-what-the-media-got-wrong/

coindesk always support bitcoin

[Cereberus]

It reached, but lasted less than 1 day, sadly

But still a good increase so far

Not really. It hit 499, almost there but not quite. It was for a brief moment like most things with the bitcoin price.

[avw1982]

Why rushing things so much.

So what if the price doesn't reach the $500 this month. Possible of gaining 100% in price increase just a matter of days is possible. So just sit back and watch the price.

Rather than hoping for it to reach $500, take advantage of the current price movement so still you can make a profit while waiting for your desired bubble to come.

Its fine and right, Instead of waiting for Bitcoin price growth we can buy bitcoins and we can save for future and we can utilise this situation and after few the price will move for sure so that time we can sell and make profit. guys I would suggest you to think this time is a investing period in BTC. so invest now grab then. easily deal right!

[Cereberus]

Why rushing things so much.

So what if the price doesn't reach the $500 this month. Possible of gaining 100% in price increase just a matter of days is possible. So just sit back and watch the price.

Rather than hoping for it to reach $500, take advantage of the current price movement so still you can make a profit while waiting for your desired bubble to come.

Its fine and right, Instead of waiting for Bitcoin price growth we can buy bitcoins and we can save for future and we can utilise this situation and after few the price will move for sure so that time we can sell and make profit. guys I would suggest you to think this time is a investing period in BTC. so invest now grab then. easily deal right!

Invest into what?
You mean buy more now and sell them when price is higher? Well that is no brainer.

[Proxiebuier]

Why rushing things so much.

So what if the price doesn't reach the $500 this month. Possible of gaining 100% in price increase just a matter of days is possible. So just sit back and watch the price.

Rather than hoping for it to reach $500, take advantage of the current price movement so still you can make a profit while waiting for your desired bubble to come.

Its fine and right, Instead of waiting for Bitcoin price growth we can buy bitcoins and we can save for future and we can utilise this situation and after few the price will move for sure so that time we can sell and make profit. guys I would suggest you to think this time is a investing period in BTC. so invest now grab then. easily deal right!

Invest into what?
You mean buy more now and sell them when price is higher? Well that is no brainer.

he use mindset of trader not investor
trader always buy low sell high and continue do it, never think about new technology and future

[jt byte]

it definitely will not go that far up in november in my opinion as the price is not stable and it will most probably go back down to 300 in a few days

This is the most likely scenario. Even though I wouldn't want it to drop too far.

[Cereberus]

Why rushing things so much.

So what if the price doesn't reach the $500 this month. Possible of gaining 100% in price increase just a matter of days is possible. So just sit back and watch the price.

Rather than hoping for it to reach $500, take advantage of the current price movement so still you can make a profit while waiting for your desired bubble to come.

Its fine and right, Instead of waiting for Bitcoin price growth we can buy bitcoins and we can save for future and we can utilise this situation and after few the price will move for sure so that time we can sell and make profit. guys I would suggest you to think this time is a investing period in BTC. so invest now grab then. easily deal right!

Invest into what?
You mean buy more now and sell them when price is higher? Well that is no brainer.

he use mindset of trader not investor
trader always buy low sell high and continue do it, never think about new technology and future

Ok, now I get where he is coming from.

[Amph]

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

[bajing]

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

not sure too we can go to hit 500 in december, i worry many people sell or use their coins to buy christmas gift if this happened price will drop

[LMGTFY]

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

not sure too we can go to hit 500 in december, i worry many people sell or use their coins to buy christmas gift if this happened price will drop

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).

[pattu1]

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).

Until 2014, people used to say that BTC value has always risen in a calendar year.
As we know, all that can change quickly.

[DiamondCardz]

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.

[crator]

it definitely will not go that far up in november in my opinion as the price is not stable and it will most probably go back down to 300 in a few days

This is the most likely scenario. Even though I wouldn't want it to drop too far.

That was a good prediction. I do not concern about the price drop. We do not want the price to go up too much and then come down a lot. Volatility will slow the adoption of bitcoin.

[AncilVTwo]

Why rushing things so much.

So what if the price doesn't reach the $500 this month. Possible of gaining 100% in price increase just a matter of days is possible. So just sit back and watch the price.

Rather than hoping for it to reach $500, take advantage of the current price movement so still you can make a profit while waiting for your desired bubble to come.

Its fine and right, Instead of waiting for Bitcoin price growth we can buy bitcoins and we can save for future and we can utilise this situation and after few the price will move for sure so that time we can sell and make profit. guys I would suggest you to think this time is a investing period in BTC. so invest now grab then. easily deal right!

thats exactly how i think about it, if the price jumps up right now , i really have nothing to gain. but if it jumps up in the later years when ill have accumulated a ton of btc thats way better for me.

[OrientA]

Its fine and right, Instead of waiting for Bitcoin price growth we can buy bitcoins and we can save for future and we can utilise this situation and after few the price will move for sure so that time we can sell and make profit. guys I would suggest you to think this time is a investing period in BTC. so invest now grab then. easily deal right!

thats exactly how i think about it, if the price jumps up right now , i really have nothing to gain. but if it jumps up in the later years when ill have accumulated a ton of btc thats way better for me.

I also want the price to be low and stable so that I can accumulate more and the stable price can help the adoption of bitcoin. If the price is too volatile, people will not use it as a value storage. People will not hold it for long term because they do not know what the price will be in the next month. The effect is similar to a high inflation currency.

[jt byte]

Looks like it is dropping slowly but steadily.
-$10 since last night. Preev says $324 other markets say $328, weird.

[Nameless Coin]

Looks like it is dropping slowly but steadily.
-$10 since last night. Preev says $324 other markets say $328, weird.

Preev is an average weighted of several exchanges. Since they also use BTC-E (which has a lower price) the price on preev is lower. On the top right you can disable the source BTC-E which will give you an higher price.