UPDATE

[richardsNY]

It is correction and prices are to go much higher this time solidly and on permanent basis to remain there.

Next peak will be around $800. It will come down again to $500 and consolidate there. This could happen next January.

$800 is not a realistic number ATM, Achieving $500 peak this year is more likely than achieving $800 peak.

They probably said the same when bitcoin was 1$ and people said it was going for 100$ and ended up on 1000$, the truth is that we don't know what will happen, not even in the next 10 days, bitcoin is unpredictable at the moment. Literally anything can happen.

Anything can happen, that's right. However it will take a lot more money to move the price as the market cap is increasing year on year. Back then it was quite easy to see the price go up 50 to 100% in a relatively short time frame. Now everything takes much longer.

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[wikenpp]

It is correction and prices are to go much higher this time solidly and on permanent basis to remain there.

Next peak will be around $800. It will come down again to $500 and consolidate there. This could happen next January.

$800 is not a realistic number ATM, Achieving $500 peak this year is more likely than achieving $800 peak.

They probably said the same when bitcoin was 1$ and people said it was going for 100$ and ended up on 1000$, the truth is that we don't know what will happen, not even in the next 10 days, bitcoin is unpredictable at the moment. Literally anything can happen.

Anything can happen, that's right. However it will take a lot more money to move the price as the market cap is increasing year on year. Back then it was quite easy to see the price go up 50 to 100% in a relatively short time frame. Now everything takes much longer.

Yes but the people who manipulated the price the last time are very wealth. Even so they must have cashed out a little to make their business of pumping lucrative.

[Hyena]

I expect upward outbreak soon. What we experienced 30 days ago might happen again soon.

[uki]

$800 is not a realistic number ATM, Achieving $500 peak this year is more likely than achieving $800 peak.

you know that 500 as a peak was achieved like two week ago? why 800 seems impossible tell me?

it can go like the last time, another 100% increase form current value, so 700 as a peak and 500+ as a stable value

I also don't see much chances to get above the current top ($502) in what reminds of this year. The last run has ended and there is not much fuel left. What is most probable is that we stay at the current $350 level and will move a bit up and a bit down around it. I don't see m(any) fundamental reasons for a sudden spike up now. Speculative rise, yes, you can't rule it out, but even than you need to have some interested parties to come and play it. Would they repeat the same play, just after two, three weeks from the end of the last one? Probably not.

[Pab]

Sell  500$ buy back 300$  easy,than drive price  up

Price is increasing nicely   we can get 400$ even tomorrow

why  not 800$ why  not 1000$why not10000$

There is strong resitence at  520$

but today in few houres china  coming and it could be 400$  during day down to 380$  and so on

[Mickeyb]

$800 is not a realistic number ATM, Achieving $500 peak this year is more likely than achieving $800 peak.

you know that 500 as a peak was achieved like two week ago? why 800 seems impossible tell me?

it can go like the last time, another 100% increase form current value, so 700 as a peak and 500+ as a stable value

I also don't see much chances to get above the current top ($502) in what reminds of this year. The last run has ended and there is not much fuel left. What is most probable is that we stay at the current $350 level and will move a bit up and a bit down around it. I don't see m(any) fundamental reasons for a sudden spike up now. Speculative rise, yes, you can't rule it out, but even than you need to have some interested parties to come and play it. Would they repeat the same play, just after two, three weeks from the end of the last one? Probably not.

Don't be so sure! After all we are in the Bitcoin world! Imagine if we would get a positive news about the block size increase from the Hong Kong workshop in December! I bet that this would get us easily over the $502 target! So never say never!

[n691309]

Today is a big jump of 15 dollars and the chart has become from red to Green today, i haven't found any strong information but i hope that this is not a pump.

[uki]

I also don't see much chances to get above the current top ($502) in what reminds of this year. The last run has ended and there is not much fuel left. What is most probable is that we stay at the current $350 level and will move a bit up and a bit down around it. I don't see m(any) fundamental reasons for a sudden spike up now. Speculative rise, yes, you can't rule it out, but even than you need to have some interested parties to come and play it. Would they repeat the same play, just after two, three weeks from the end of the last one? Probably not.

Don't be so sure! After all we are in the Bitcoin world! Imagine if we would get a positive news about the block size increase from the Hong Kong workshop in December! I bet that this would get us easily over the $502 target! So never say never!

Of course, I know that things happen much faster in the Bitcoin world than in any other 'regular' market. Yet, I stay quite sceptical to any further leg up this year.
Thanks for reminding me about the Bitcoin-scaling workshop. That is indeed the only important event that is still left on the table in this year's calendar. Whether it will bring any price-positive outcome that remains to be seen.

[azguard]

It is correction and prices are to go much higher this time solidly and on permanent basis to remain there.

Next peak will be around $800. It will come down again to $500 and consolidate there. This could happen next January.

$800 is not a realistic number ATM, Achieving $500 peak this year is more likely than achieving $800 peak.

$800 is definitely not a realistic target for this year. If we manage to break through the $400 price level this year, then we have seen a very nice increase over the entire year. I don't think the $350 will hold much longer as the support at that level is very weak.

seem like price will reach 400 in few days but for 800 or more this year hard
it need something huge to happen and 500 is more closer to this years end by my estimate maybe close to it

[Kalder]

Remember that USA is about 5% of the world population, so I wouldn't expect holidays in one country to make too much difference in a global market.  China might be a different story as they seem to be the main players.

I can easily see 10% gains in a year (if you smooth out the highs and lows).  BTC'ers seem to be tolerant of higher risk than people for example, looking provide a reliable income from their life long savings put into BlueChips or something in their later years, than young guns who can afford a few mistakes when they are in their peak learning years.

For the next 10 years, the price rise will be bigger and volatility be higher. When the market cap reaches 1 trillion, the price will be stable.

No I don't think this will happen at all.

The more people start with investing in bitcoin the lesser the share of the wales.
WIth that in mind they will not be able to pump it anymore.

But for most people, they do not trade. They hold or use it. So the bitcoin number in exchanges is limited, there will be pump and dump, but in smaller scale.

[takingthis4]

it fluctuates as always i am not worried at all as it happens all the time

[BitMaxz]

Is there a way to understand why the value is skyrocketing?

Because the more order of bitcoin from buyer it will increase the price and also if less supply of bitcoin
The price should be increase thats why their still waiting for halving before they sell bitcoins...
So keep your bitcoin until halving ends..

[Nameless Coin]

Today i feel the price can grow big time.

I see there is tension in the market. Which mean the market will go up big time, or the price will decrease a lot.

[praprata]

I believe now is the time for the price to go back again.
We were very lucky to see it this high.

But with the new difficulty a lot of miners will be forced to stop.

[azguard]

right now nothing price is stable and ready for jump well i hope so it will jump (but we all hope for big jump)
only thing that can be done is that we follow and wait for some big changes

[lixer]

right now nothing price is stable and ready for jump well i hope so it will jump (but we all hope for big jump)
only thing that can be done is that we follow and wait for some big changes

Yes bitcoin prices more stable from this new year. I believe it is a good sign for a long-term price appreciation. I do believe with this more stable prices we can easily see $500 levels very soon.

[1Referee]

But with the new difficulty a lot of miners will be forced to stop.

More than a year ago people said due to the rising difficulty miners are going to shut down their operations. Look now, the difficulty is at an all time high. It will continue to go up with at least a few per cent per difficulty adjustment the comming months.

[pjsonowal]

They will soon stop their operations for sure as mining cost will exceed mining profit as the difficulty begins on rising...

[azguard]

right now nothing price is stable and ready for jump well i hope so it will jump (but we all hope for big jump)
only thing that can be done is that we follow and wait for some big changes

Yes bitcoin prices more stable from this new year. I believe it is a good sign for a long-term price appreciation. I do believe with this more stable prices we can easily see $500 levels very soon.

i think so to
believe that this will be the year of bitcoin (hope that Chinese wont put BTC as zodiac sign  )

expecting big from this year and hope that we all make some profit o matter how small it was

[Jeraerid]

The price is going up for sure, if we hold the 400 USD then.
If it breaks 400 USD then we will see the price go down to 300 USD