Price of the bitcoin will jump again? The price today is acting weird

[BitMaxz]

This december i think the price of the bitcoin will jump and reach $500 on this month.
because it's nearly christmas and i think some people sell/exchange his/her bitcoins to use it in christmas.
What do you think guys?

[1715089146]

1715089146

[maokoto]

This december i think the price of the bitcoin will jump and reach $500 on this month.
because it's nearly christmas and i think some people sell/exchange his/her bitcoins to use it in christmas.
What do you think guys?

Maybe. I think it will jump to 500 again soon, but I am not so sure to say it will jump before christmas. Could be, due to the effect you mention, but it might well be that people lose interest for a while as they celebrate holidays.

Any of both can happen IMO.

[Dux2K]

I think that to but i also think that it wont stay long maybe daz or two before christmas

[--Encrypted--]

This december i think the price of the bitcoin will jump and reach $500 on this month.
because it's nearly christmas and i think some people sell/exchange his/her bitcoins to use it in christmas.
What do you think guys?

wouldn't selling bitcoins cause the price to drop?

I don't think the price will go past $400 this month. if anything it might drop because of the reason you just stated. I'll be happy if I'm wrong though.

[rally]

This december i think the price of the bitcoin will jump and reach $500 on this month.
because it's nearly christmas and i think some people sell/exchange his/her bitcoins to use it in christmas.
What do you think guys?

I have the same opinion and for the same reason.
500 dollar is perhaps a little bit too high, but i see it going above the 400.
Let's hope so .

[Snorek]

This december i think the price of the bitcoin will jump and reach $500 on this month.
because it's nearly christmas and i think some people sell/exchange his/her bitcoins to use it in christmas.
What do you think guys?

It is your hunch alone or there is presumptive evidence that it is indeed possible? It is true that Christmas season is usually optimistic and good for markets, but as you mention people might sell/exchange bitcoin to buy something for FIAT.

[InvoKing]

500 dollar is perhaps a little bit too high, but i see it going above the 400.
Let's hope so .

Yep, 500$ is a bit high, i think It will end up near 400$ this month, 350$ seems fair for me for the moment, don't want to lose my money if it gets lower.

[a7mos]

If a lot of people sell their bitcoin in the same time that will not help the price to go up.
 That will cause more supply which means low prices, as supply and demand are the two factors which control the price

[iv4n]

I can just say that I hope that price of BTC will rise. But I found this interesting artical about what experts have to say " 50 Bitcoin Experts Reveal (Guess) What Bitcoin Will Be Trading At Within The Next 12 Months" . Bitcoin experts share their views on what the future holds for Bitcoin. This is some of them:

- Adrian, Founder of SatoshiBet responds:

Anywhere between $1,000 to $5,000

-Mrs P, the founder of The Bitcoin Wife responds:

$10,000 – $100,000 – I think right now is the is the cheapest we will ever see Bitcoin at again. February is going to be a rockstar month for Bitcoin.

-Developer/Webmaster of CryptoHits responds:

Well there is one thing I’ve noticed about BitCoin watching it rise as it has. It never seems to lose more than 50% of its value. And can rise by 200% or more in as little as a month or two.

I figure the price will bounce around from $800 to $1,500. Might jump to $2,000

If u wish to read more about this here it is :  http://foundersgrid.com/bitcoin-price

[shogdite]

This december i think the price of the bitcoin will jump and reach $500 on this month.
because it's nearly christmas and i think some people sell/exchange his/her bitcoins to use it in christmas.
What do you think guys?

As far as I'm aware when people create sell pressure selling their coins for Christmas that does not make a price rise having more sell than buy that crashes the price as I will expect to happen. The only way it will jump back is some big news or your scenario but a mega whale selling for a massive Christmas and pumping before he does. 

[Denker]

This december i think the price of the bitcoin will jump and reach $500 on this month.
because it's nearly christmas and i think some people sell/exchange his/her bitcoins to use it in christmas.
What do you think guys?

I believe that we will almost stay where we are at the moment or go down a bit (20-30 dollars).
So I can not see why $500 should happen this month. There will be no rally for that imo.
But Q1 next year definitely possible to achieve that. And to wait a few more weeks or months shouldn't be that problem right?
I mean we almost suffered for 2 years.Compared to that a few more weeks should be easy to take.

[fravia]

it might jump high in december in my opinion because of a wide variety of reasons first of all people might start buying btc as they want to buy gifts for bitcoins also besides that it is possible that there will be another pump like that previous one when the bitcoin price was boosted to 400 dollars each

[koryu]

600$+ til halvening

[vendetahome]

i dont think that the price will get so high in just one month as there was an increase a few weeks ago though the price is unpredictable so i will just hope that you are right and that we will reach the new heights in the last month of this year

[var53]

I can just say that I hope that price of BTC will rise. But I found this interesting artical about what experts have to say " 50 Bitcoin Experts Reveal (Guess) What Bitcoin Will Be Trading At Within The Next 12 Months" . Bitcoin experts share their views on what the future holds for Bitcoin. This is some of them:

*snip*

-Developer/Webmaster of CryptoHits responds:

Well there is one thing I’ve noticed about BitCoin watching it rise as it has. It never seems to lose more than 50% of its value. And can rise by 200% or more in as little as a month or two.

*snip*

But it fell from $1100 to $150. That's a hell of a lot more than losing 50% of its value. I'm not saying it won't go up, I'm only saying that "expert" hasn't got his facts straight. If he means it never seems to lose more than 50% of its value in the space of a month then he's still wrong. In the space of a week in 2013 between April 9 and April 16 it fell from $230 to $68.

[makingwin1]

i hope that it will jump again because it would bring me some money

[Junko]

Bitcoin price will do whatever it the whales want it to do.

[croato]

I agree with OP, we could see $500 or close to that around this Christmas. If we had little pump for Black Friday, for Christmas it could be way bigger. Halving is close, everyone expect price rise so not every merchant will dump and ppl are pretty bullish recently. If few bigger investors and whales follow that logic, 500 is peace of cake.

[LFC_Bitcoin]

I prefer steady price increases rather than unsustainable epic pumps because there's always a crazy sell off then.

If we could get above 400 and consolidate there before Xmas it'd be great

[teddy5145]

I prefer steady price increases rather than unsustainable epic pumps because there's always a crazy sell off then.

If we could get above 400 and consolidate there before Xmas it'd be great

Well christmas is still few weeks away, there could be a chance for the price to stabilize around that price
But im positive that the price will rise during Christmas, i don't know about the stabilization of the price though
Usually the price of Fiat is not stable during Christmas and New year, let's hope this doesn't happen to bitcoin