Zadicar
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November 27, 2016, 04:56:58 PM |
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i am having some opinions about if the bitcoin goes to the $750 at the beginning of December: there are more companies using bitcoin related security services, and/or the termination of 500/1000 old Indian Rupee notes are not yet being eased.
guess what, don't be panic on buying excessive bitcoins right now, don't be a greedy. if you bought bitcoins, better go long.
There no actually accurate answer or speculation with this because bitcoin price is playing somewhere on this price range but we would love to see more than $750 price on the 1st day of december which is really great but still when that price been attained better to expect that it would go down eventually because people would really tend to sell of their coins especially they saw a chance of profits.
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pereira4
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November 27, 2016, 05:25:38 PM |
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I voted yes, not that I know it will happen, I want it to happen, and the chances of happening and not happening are exactly the same... so I might as well vote what I want to happen.
Bitcoin can go up and down 50 dollars in no time, so it's perfectly possible that for whatever reason a pump happens on that day. Sooner or later it will happen, so why not that day?
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BingoDog
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November 27, 2016, 06:03:51 PM |
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It has already reached 750 this month so I beleive this is more then possible. Maybe even a few dollars above this price. It depends on the situation on the market, supply and demand, and how the Bitcoin market will react on different influences, news related to bitcoin, Chinese miners are involved also, so everything is possible.
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malaj
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0xfff
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November 27, 2016, 06:34:56 PM |
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Price all depends on what is going to happen in the future. I don't think anyone can accurately predict the price. I do hope bitcoin increases but it may decrease. Best idea is to not worry about the price!! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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snipie
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November 27, 2016, 08:07:11 PM |
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Best idea is to not worry about the price!! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Maybe many members here do not worry that much about the price but it isn't the case for traders and people waiting for the rise of the price to convert or sell a part of their earnings ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Anyway first December is too close and having around $750 isn't that hard tho, personally prefer to see the number that will be in January 1, 2017 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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uki
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November 27, 2016, 08:18:10 PM |
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I vote for low 700s which will chop into next year. the excitement might be over for the year. doesn't matter. it's been a positive year overall.
I think the correction is due, and we should see a 20-25% drop. But not on December 1st, that seems too early to me - therefore my vote slightly below $750. And I agree that 2016 was very positive for Bitcoin.
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0xfff
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November 27, 2016, 08:28:07 PM |
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Best idea is to not worry about the price!! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Maybe many members here do not worry that much about the price but it isn't the case for traders and people waiting for the rise of the price to convert or sell a part of their earnings ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Anyway first December is too close and having around $750 isn't that hard tho, personally prefer to see the number that will be in January 1, 2017 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Price is very important for traders looking to make money. For those of us that hodl, it doesn't really make much of a difference in the short run. Good luck trading ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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shield132
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November 27, 2016, 08:41:42 PM |
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By that date it won't be higher than 750, it's my mind. Since it's price was stable last months, now on holidays, won't happen anything special and hope many trader will rest. To my mind it's price will be between 720-750, not higher but eho knows what will happen, hope hyips or bitfinex's similar action won't happen.
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1Referee
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November 28, 2016, 12:52:22 AM |
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I vote for low 700s which will chop into next year. the excitement might be over for the year. doesn't matter. it's been a positive year overall.
I think the correction is due, and we should see a 20-25% drop. But not on December 1st, that seems too early to me - therefore my vote slightly below $750. And I agree that 2016 was very positive for Bitcoin. I am fairly sure that the price will dip below $700 before the end of the week, but it will be slightly below the $700 level. However, a correction of 20-25% to happen this year, or early next year (or whatever your time frame is), is what I consider to be a too heavy correction. 20% correction from current price means ~$580. 25% correction from current price means ~$545. Unless a major exchanges gets "hacked", I can't see the price fall back well below the $600 levels for now.
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outatime1
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November 28, 2016, 02:24:14 AM |
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I think the price may drop a little more before the end of the year. Then is should make a gradual increase next year. The price has spiked high for the last month so I expect a pull back.
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pooya87
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November 28, 2016, 04:36:31 AM |
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price will remain the same as today around $730 with a +- $15 ish fluctuation. mostly because rise has slowed down and we are entering another stable phase that i have seen at least 20 times in the past year or so. I vote for low 700s which will chop into next year. the excitement might be over for the year. doesn't matter. it's been a positive year overall.
I think the correction is due, and we should see a 20-25% drop. But not on December 1st, that seems too early to me - therefore my vote slightly below $750. And I agree that 2016 was very positive for Bitcoin. correction means when there is a big rise, a small drop happens and it happens right after the rise not after a couple of weeks! and this correction is going to be 20-25% if the rise were 40-50% which makes your statement double wrong ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Kakmakr
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November 28, 2016, 06:33:00 AM |
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I am pretty chuffed with it's performance over this year, because I bought a bunch of Bitcoins at a much lower price and I have sold those bitcoins for a 100% profit. I think the Black Friday event, might have pushed the supply of bitcoins a bit, and this has pushed down the price, as more and more bitcoins were used and dumped back on the exchanges.
We will also see a slight decrease as people start buying over the Xmas season. So my prediction would be a $650 to $700 price range until 2017/1
A lot of people also take a break from business and investments over December, and this will cool down the price.
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pinkflower
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November 28, 2016, 07:31:35 AM |
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I voted no, lower because BTC/USD might have already reached an equilibrium between buyers and sellers and also the irrationality of the traders actively trading it have already gone and they have calmed down. This will cause the price not to move wildly up or down for a while. But the wave of another irrationality of the traders will come again and this time it is the bears' irrationality and a sell down might happen making the price go lower.
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cengsuwuei
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November 28, 2016, 08:06:53 AM |
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My prediction bitcoin price in 1 december 2016 is over 750 dollar, and incraese until 20 december can bitcoin price reach 800 dollar
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jondeen707
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November 28, 2016, 11:48:14 AM |
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I vote for low 700s which will chop into next year. the excitement might be over for the year. doesn't matter. it's been a positive year overall.
Despite one major accident - Bitfinex hack - the second biggest theft in cryptocurrency history. If that didn't happen I expect that we would sit pretty on $800 at this time. Other than than I agree, this year was pretty good. It's been a great year by any counts. Had it not been for the bitfinex hack, the price would have been well above $800.
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CyberKuro
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November 28, 2016, 12:07:05 PM |
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i am having some opinions about if the bitcoin goes to the $750 at the beginning of December: there are more companies using bitcoin related security services, and/or the termination of 500/1000 old Indian Rupee notes are not yet being eased.
guess what, don't be panic on buying excessive bitcoins right now, don't be a greedy. if you bought bitcoins, better go long.
I think the price should be reach $750 or more. The end of the year is always the good time when price of bitcoin rise, maybe linked with celebration day of christmas and new year when people investing in bitcoin and send the money wherever their family lives as present or anything they want, buy and spending is a common things that happens in every biggest day, including buy bitcoin for sure.
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jtipt
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November 28, 2016, 02:12:46 PM |
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Nah, only 3 days are left to 1/12 at Bitcoin price is at 730-ish right now, i dont think it will make a 20$ jump in 3 days as for the past week its been stable at around $730s So i think if there is some rise it make go up till maybe $740. But I am also expecting bitcoin to reach $800 or more in next 1 or 2 months.
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addicto
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November 28, 2016, 02:30:30 PM |
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My vote is for it will remains close to $750 this growth is natural and I also pretty sure this time. Price is very stable and that floor is very realistic and this should be nice option. But I'm quite sure it will remain above $700 till end of the year.
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Omura
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November 28, 2016, 02:33:40 PM |
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I voted yes or higher but I don't think it will breach $800 and will stabilise around $760-$790 for a while
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upsidedown75
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November 28, 2016, 02:49:27 PM |
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My vote is for it will remains close to $750 this growth is natural and I also pretty sure this time. Price is very stable and that floor is very realistic and this should be nice option. But I'm quite sure it will remain above $700 till end of the year.
Already bitcoin prices were there and slipped just 3days back only. So, it would be highly possible to come near $740 price levels again. Always stable prices are good for up surge and bitcoin is right now doing that exactly. So, we can expect to go higher prices at any time. My target for January 1st would be above $900 price levels.
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