BTC keep rise again...

[Snorek]

Bitcoin is finally over 700 $, we all love when it's going up. Your wish is now reality, what is the next target? To be greedy and wish 1000 $ or to be humble and wish next number in line 800 $?
Price will go to 800 $ in next month, and maybe to 1000 $ before new year. We would love to see that, don't we?

After hitting $745 its back again to $700. Now the price is playing in more or less than $700 again. I thought the price will continue to rise but atleast seems stable in $700.

Recent price drop was caused by that unconfirmed rumor that China will monitor bitcoin transactions and control capital of exchanges effectively preventing bitcoin flow.
This news immediately gone viral and we are observing a small price decline.

This Reddit thread suggest that capital control is nothing but pure speculation: https://www.reddit.com/r/Bitcoin/comments/5ay1yx/i_just_asked_some_good_friends_in_china_and_they/#bottom-comments

[maokoto]

It has always shocked me how news can affect so much the price of bitcoin. I guess this is because it is not in so many hands... there are relatively few bitcoin users and they panic or get excited at the smallest piece of news.

[virusasog]

It has always shocked me how news can affect so much the price of bitcoin. I guess this is because it is not in so many hands... there are relatively few bitcoin users and they panic or get excited at the smallest piece of news.

Nothing will affect because of news. Due to supply and demand only determine bitcoin's value in the world market. However for all thus we need some quite good adoption from the potential people or potential companies. I wish all the mobiles and car companies should adopt and accept bitcoins.

[mace15]

I guess bitcoin keep rising since many users are currently trading/buying btc
and holding it. As i observe, seems bitcoin users currently waiting that
bitcoin price will hit $1000. They're expecting to get huge profit in btc.
Hoping that will hit that price.

[bamboylee]

Bitcoin is finally over 700 $, we all love when it's going up. Your wish is now reality, what is the next target? To be greedy and wish 1000 $ or to be humble and wish next number in line 800 $?
Price will go to 800 $ in next month, and maybe to 1000 $ before new year. We would love to see that, don't we?

Majority of users are waiting to see the price of $1000 and for the same reason they are holding their coins since the long time and $800 is likely to achieve in this year but its hard to predict whether it can touch 4 digit price in this year or not and many users will be satisfied even if it stays between $800-$900 level.

It would just be a bubble if it reaches 1000$ this  year, then correction will come and will be stuck at a price. So it is better for me if the price just steadily increase slowly. It will be slow but at least we will not suffer a very long correction period.

[Caladonian]

I guess bitcoin keep rising since many users are currently trading/buying btc
and holding it. As i observe, seems bitcoin users currently waiting that
bitcoin price will hit $1000. They're expecting to get huge profit in btc.
Hoping that will hit that price.

speculation inviting investors maybe the big reason why btc showing good value as we follow the chain the more uses btc the more value it will have so our expectation to keep it rising will continue if we will invite more and more showing the good outcome of this investment will attract investors to join the ride.

[Yuuto]

Bitcoin might not yet have hit its high. Right now only $710, I think that it has much more potential than that. Remember the times when $300 was a high price to pay for a bitcoin? Well, I believe that's exactly how things are right now.

[Goms]

If bitcoin rises higher than $1000, lots of people would have a happy Christmas time

[Zadicar]

If bitcoin rises higher than $1000, lots of people would have a happy Christmas time

May  would   really be happy when  bitcoins price  would  reach  on that  price  point  but   I assumed   that  these price couldnt be achieve  on this  year  because it would really need more mass adoption  to  reach $1k, as we  observe  lately,  we  have really hard time   even to reach  up $700 because  of  some   not good  circumtances  . As  of now bitcoins price  is  stabilizing again  on  $700+ mark.

[1Referee]

It has always shocked me how news can affect so much the price of bitcoin.

It's absolutely no coincidence that always when the price goes up nicely, that something happen where the price goes down again. You shouldn't be shocked at all. Just use this well known uccurrence in your advantage to make good profits in a fairly short time.

I guess this is because it is not in so many hands... there are relatively few bitcoin users and they panic or get excited at the smallest piece of news.

It's because weak holders are gambling with their money. If you put money that you can't miss in your personal life, then you'll do everything to prevent it from vanishing into hot air. The same happens with these people. If the price happens to go down, then these people will try to "cut their losses" by panic selling their coins a.k.a feeding the whales.

If bitcoin rises higher than $1000, lots of people would have a happy Christmas time

It won't happen, so you have to put it this way; If people strongly believe that the price will go up higher than $1000 this year, they will end up in a big disappointment.

[romero121]

It has always shocked me how news can affect so much the price of bitcoin.

It's absolutely no coincidence that always when the price goes up nicely, that something happen where the price goes down again. You shouldn't be shocked at all. Just use this well known uccurrence in your advantage to make good profits in a fairly short time.

I guess this is because it is not in so many hands... there are relatively few bitcoin users and they panic or get excited at the smallest piece of news.

It's because weak holders are gambling with their money. If you put money that you can't miss in your personal life, then you'll do everything to prevent it from vanishing into hot air. The same happens with these people. If the price happens to go down, then these people will try to "cut their losses" by panic selling their coins a.k.a feeding the whales.

If bitcoin rises higher than $1000, lots of people would have a happy Christmas time

It won't happen, so you have to put it this way; If people strongly believe that the price will go up higher than $1000 this year, they will end up in a big disappointment.

Every time such disappointment won't happen. This year people expected a very big price just because of halving. But due to the gradual increase price at least reached a certain level on halving. Now too due to the ongoing price increase bitcoin won't give big disappointment. To certain extent it truly fulfils users expectations.

[mindrust]

It has always shocked me how news can affect so much the price of bitcoin. I guess this is because it is not in so many hands... there are relatively few bitcoin users and they panic or get excited at the smallest piece of news.

News affect every currency out there, including EURO/DOLLAR/GOLD/OIL and everything. See what happened to UK Pound after the Brexit voting? Pound lost nearly %20 of its value in a few months and it lost most of it only in 1 day. Bitcoin is so tiny compared to Pound and yet it is still doing fine against all the bad news.

[sulendra12]

If bitcoin rises higher than $1000, lots of people would have a happy Christmas time

It won't happen, so you have to put it this way; If people strongly believe that the price will go up higher than $1000 this year, they will end up in a big disappointment.

We have an expectation regarding the price will be reached $1000 , but it's hurt for believing this and buy bitcoin now because this is just an unstable phase for bitcoin and it's such a hype so no longer this price will be stay and might be dumped (unless there are big news happened to Bitcoin)

Just hold your current coins and keep collecting more , and for sure you'll get the profit.

[jondeen707]

It has always shocked me how news can affect so much the price of bitcoin.

It's absolutely no coincidence that always when the price goes up nicely, that something happen where the price goes down again. You shouldn't be shocked at all. Just use this well known uccurrence in your advantage to make good profits in a fairly short time.

I guess this is because it is not in so many hands... there are relatively few bitcoin users and they panic or get excited at the smallest piece of news.

It's because weak holders are gambling with their money. If you put money that you can't miss in your personal life, then you'll do everything to prevent it from vanishing into hot air. The same happens with these people. If the price happens to go down, then these people will try to "cut their losses" by panic selling their coins a.k.a feeding the whales.

If bitcoin rises higher than $1000, lots of people would have a happy Christmas time

It won't happen, so you have to put it this way; If people strongly believe that the price will go up higher than $1000 this year, they will end up in a big disappointment.

Last year I would not have any doubts about that, but not this year. No one really knows.

[ClaraLuV]

If bitcoin rises higher than $1000, lots of people would have a happy Christmas time

what it is to do with Christmas and bitcoin price . i do have my doubts regarding the thousand dollar mark since there are many negative news and rumors regarding bitcoin which is holding the price and it might continue till December unless and until something positive comes out of it

[Arcteryx]

It has always shocked me how news can affect so much the price of bitcoin. I guess this is because it is not in so many hands... there are relatively few bitcoin users and they panic or get excited at the smallest piece of news.

Nothing will affect because of news. Due to supply and demand only determine bitcoin's value in the world market. However for all thus we need some quite good adoption from the potential people or potential companies. I wish all the mobiles and car companies should adopt and accept bitcoins.

Not even the presidential election in the most powerful (financially as well) nation in the world?

I highly doubt that. To think otherwise is just being in denial and an ego too big that makes one's head just enormous.

[Gliassa]

Lets hope it will rise more and more because of the fact that the bitcoin has a good future a head so I think that the bitcoin has a very good future to be honest.
I think that we just need enough patience.

[hawkins]

if the price increases bitcoin was very fast, maybe someone who has bitcoin or a lot of money doing something to make the bitcoin prices high. however, I believe that if it happens slowly, it occurs naturally and it will surely make bitcoin prices stable in a very long time

[Havelivi]

If bitcoin rises higher than $1000, lots of people would have a happy Christmas time

Even $1000 milestone looking pretty hard but that is still possible to get this one. I also would to see this happening again on this time phase because it is more similar to get rise to the moon.

[icecube45]

If bitcoin rises higher than $1000, lots of people would have a happy Christmas time

Even $1000 milestone looking pretty hard but that is still possible to get this one. I also would to see this happening again on this time phase because it is more similar to get rise to the moon.

Sure thing that all of us will have a very merry merry Christmas if the price of bitcoin will reach $1,000. Even though it's kinda doubtful, that the price is slowly increasing but still let's just believe that bitcoin will able to reach the price of thousand bucks before or after the Christmas eve or the end of year. Let's keep on helping the adoption.

I also wish on Christmas Day later bitcoin prices will reach $ 1,000. But if you see the price fluctuations may be more difficult to achieve such price bitcoin. Perhaps on Christmas day later bitcoin prices still will approach $ 1,000. Fluctuations bitcoin requires a process, so it's better to enjoy a rise in prices of existing