Is this the next big run-up in price?

[DGulari]

You didn't see that last run up coming either.  Could this be the start of the new price run-up?  Any guess as to the peak this time? 

Previous peaks: April 2013: $140; Nov 11, 2013 $1200

[NorrisK]

Could very well be. There has been some exciting news. The only problem that is still looming around the corner is the blocksize.

We had a run a few months ago as well, looked like it would break out a bit, but unfortunately it dropped back. But we have been pushing upwards more than downwards imo.

[sempak]

I am not quite sure because bitcoin is now widely known as the former did not. but still there is a possibility to increase, but not to 1000%. can be 100% is the best option.

[Lucius]

I think it is too early to say is this only pump to dump or something more serious.
If prices continue to rise and if it passed 300$ will be a good sign that maybe something more serious comes

[mexxer-2]

First of this should be in speculation . Second , I think the price will get up to 290 then drop back to 215 or so, this high price will not remain stable for long IMO.

[AgentofCoin]

My personal opinion based on nothing, it will rise to around 280 USD,
float around there until December, where it will return to around 240 USD for the holidays.

Of course, if the rise is correlated to the winklevoss exchange (Gemini) actually getting wall street money,
it may go much higher and be totally unpredictable. This may be just a run up before the holidays tho.

[Kprawn]

I want to think of this as the push in the right direction.. We saw Gemini launched and some new capital being injected and G2A.COM accepting Bitcoin, and I think this might have

bumped the price a little. We also have not seen any major scandals or scams while this has been going on, so the price could climb a little. I predict a steady climb to $300 and

then a slow decline to $260 again. The $300 level is just psychological price break for people who came in at $250 and are looking to speculate and take a quick profit.  

http://data.bitcoinity.org/markets/volume/30d/USD/gemini?t=bar

[Betwrong]

I am not quite sure because bitcoin is now widely known as the former did not. but still there is a possibility to increase, but not to 1000%. can be 100% is the best option.

I vote vote for 100% too. I think if it will be over $500 for BTC the price will drop then, but there is no reason for the price to return to $220.

[spazzdla]

Perhaps but it will take awhile and then BOOM.

As i have stated before it will jump many multiples in MINTUES when it bubbles again.

I for see something like

260 Day 1
260 Day 2
270
260
270
280
290
300
300
290
300
.
.
.
500 Day 200(ish)
520 Day 201
500 Day 202
800 Day 202
1300 Day 202
3000 Day 202
5000 Day 202

[apriyani420]

well i would not expect anything huge from this though i believe that the price of bitcoin might stay somewhere at 260 dollars each

[LiteCoinGuy]

ahhh bitcoin price threads....

i know what will happen when we hit 190 USD again  

[gentlemand]

Don't got a clue. It only really counts if it breaches a significant price level such as 320. Then it's actually making a proper move. Until then it's hard to detect a rise in sentiment in either direction.

[bf4btc]

OP no this is not a big run up this is the same as what comes every other month or so, pump up close to $300 give or take and then when they're ready a nice steady crash down to $220'ish give or take. Very profitable for the ones who are controlling it and many but-hurts of those who think we are going to hit another ATH so hodl. Get out any time now and get back in a month or so.

[dothebeats]

It could be, my hopes are up as it will be a fruitful Christmas if ever. The past year had been profitable for me even though we experienced many lows. Just let this uptrend sit for awhile until the halving and everyone will be happy.

[spazzdla]

ahhh bitcoin price threads....

i know what will happen when we hit 190 USD again  

I think this is the most likely out come currently.

[cafucafucafu]

No chance!

[yayayo]

If you ask me, it's still to early to call the next big rally. But the Bitcoin exchange ratio has formed a 10-month wide bottom within a range of ~$200 - 300. I will be more confident of the next rise if the prices manages to consistently break $300.

However to be fairly certain that the next bull market is starting a further break of the $400-level is required imho.

Fundamentally, the next rise should take place around the next halving in mid-2016 (+/- 3 months).

ya.ya.yo!

[Fontas Returns]

Kind of. This is actually the peak of this leg of a much larger rise. We will see it go lower over the weekend. The top is in on the short term rise. Long term, we will be going to an ATH in the next few months-years. 1000 dollars will look like a joke when we get there.

[Mickeyb]

Nobody knows this, but we all hope so. This might as well be a dead cat bounce. If it is, we will know it in few days when the price should drop in this case. If we this doesn't happen and we continue growing, then we might be up to something.

We'll see!

[Dafar]

I seriously doubt it.... we've had several "big run-ups" since Nov 2013. This is probably another fluke until we get closer to block halving at least