BTC at $1,000 by Christmas?

[tee-rex]

Cant wait to see it. We already reached once again the highest price this year and 1000 price this christnas is possible. If bitcoin can get through the 800$ ,1000$ in price is real

It can happen like in 2013 where the biggest rise was in December. Wouldn't it be great if the history repeated itself after 3 long years?

If you are believing that history is just repeating itself. There is still a month enough to see that if this possible to happen.

And this will make a lot of investors sell immediately their bitcoins that they are holding, so if this happens. Expect a very rapid price decrease too

And to many other traders it will be a sign that Bitcoin is destined to be much bigger than it is today. I'm sure that when the prices were at $300 last year people were telling themselves that once it doubles they'll take the profit and leave, but once it passed $600 there was no big crash back to $300 again. Instead it went up. $1000 is not a magic barrier, we've been there before!

To tell the truth, those people were right, to a certain extent. They was expecting the price to continue growing through the end of the halving, and it had in fact been growing till the time when the halving was about to happen. Many holders started to massively sell their bitcoins about a month before the event. So it was more about time, not price as such.

[pitham1]

Cant wait to see it. We already reached once again the highest price this year and 1000 price this christnas is possible. If bitcoin can get through the 800$ ,1000$ in price is real

It can happen like in 2013 where the biggest rise was in December. Wouldn't it be great if the history repeated itself after 3 long years?

If you are believing that history is just repeating itself. There is still a month enough to see that if this possible to happen.

And this will make a lot of investors sell immediately their bitcoins that they are holding, so if this happens. Expect a very rapid price decrease too

And to many other traders it will be a sign that Bitcoin is destined to be much bigger than it is today. I'm sure that when the prices were at $300 last year people were telling themselves that once it doubles they'll take the profit and leave, but once it passed $600 there was no big crash back to $300 again. Instead it went up. $1000 is not a magic barrier, we've been there before!

With just over 20 days to ago, and ~30% hike required, I wouldn't banking on this bit of news to make my Christmas day.
We got to have patience, irrespective of the stellar performance that Bitcoin has displayed this year.

[harizen]

Will we find this gift under our tree?

I see no but hey we already have a gift under our tree by looking how far the price went up before the year ends. It's more thankful isn't it than a quick jump to the moon. It must maintain first the resistance if the price will reached $800 or $900 before breaching the $1000 mark.

Talking about the reality, average bitcoiner will surely use some of their bitcoin to take part of the Christmas Season. Since bitcoin value is quiet high to consider, I see some people will take advantage of it and use it primarily for regular spendings that is present during the said season.

My own speculation as always.

[eaLiTy]

With just over 20 days to ago, and ~30% hike required, I wouldn't banking on this bit of news to make my Christmas day.
We got to have patience, irrespective of the stellar performance that Bitcoin has displayed this year.

Bitcoin is not having any negative news to go below the current rate and if the trend continues it could cross $800 in coming weeks and normally the price would take a dip during christmas and new year eve and thats what the historic graph says and so i do expect that during this year too.

[PokerFace3]

With just over 20 days to ago, and ~30% hike required, I wouldn't banking on this bit of news to make my Christmas day.
We got to have patience, irrespective of the stellar performance that Bitcoin has displayed this year.

Bitcoin is not having any negative news to go below the current rate and if the trend continues it could cross $800 in coming weeks and normally the price would take a dip during christmas and new year eve and thats what the historic graph says and so i do expect that during this year too.

Yes all current events (new US president and China looks for alternative investments etc) are supporting bitcoin prices to go upward. The festival seasons must be another big support for bitcoin prices to stay strong. Hopefully, we can expect bitcoin prices to reach ATH at any time in the remaining days of 2016.

[rally]

With just over 20 days to ago, and ~30% hike required, I wouldn't banking on this bit of news to make my Christmas day.
We got to have patience, irrespective of the stellar performance that Bitcoin has displayed this year.

Bitcoin is not having any negative news to go below the current rate and if the trend continues it could cross $800 in coming weeks and normally the price would take a dip during christmas and new year eve and thats what the historic graph says and so i do expect that during this year too.

Yes all current events (new US president and China looks for alternative investments etc) are supporting bitcoin prices to go upward. The festival seasons must be another big support for bitcoin prices to stay strong. Hopefully, we can expect bitcoin prices to reach ATH at any time in the remaining days of 2016.

That might indeed be a few reasons that the price goes upwards. 1000 dollar seems to me too high for the end of the year, but surely in 2017, that must be possible. I hope that the transactions doesn't go slower anymore, because that is not good. If there are problems with transactions during several days before the transaction is completed, i think people will stay away from bitcoin.

[Chevas Regal]

I dont think that BTC can scale upto 1000$ this year ,may be it will scroll to 820$ max. I researched a lot on tradingview today and reached to this conclusion.

[Pattberry]

I dont think that BTC can scale upto 1000$ this year ,may be it will scroll to 820$ max. I researched a lot on tradingview today and reached to this conclusion.

With the steady increase in the price the possibility is that it could go up to $900 in coming weeks and will it happen before Christmas i highly doubt it with the way in which it is moving and i do expect a price drop during the holidays as i do expect people to book some profits

[Shiroslullaby]

We haven't even hit $800.
Not sure why people are talking about $1000.
There is no big news or any announcement driving the price, so I would be surprised if it kept going up, honestly.

[BellaBitBit]

This would be great but I will speculate no.  It is amazing enough to see it in the solid 700's.  It has moved 150.00 in just a few months so that is great, but who knows, this is just speculation.

[richardsNY]

We haven't even hit $800.
Not sure why people are talking about $1000.
There is no big news or any announcement driving the price, so I would be surprised if it kept going up, honestly.

The same was the case just before the block halving. People were heavily speculating about the price to break through $1000 while we didn't even reach the $800 level. Right now we're in exactly the same situation. Beside that, the price doesn't move on good news anymore. That however can't be said about bad news. Even the slightest form of "bad" news can make people panic sell like there is no tomorrow.

[Shiroslullaby]

The same was the case just before the block halving. People were heavily speculating about the price to break through $1000 while we didn't even reach the $800 level. Right now we're in exactly the same situation. Beside that, the price doesn't move on good news anymore. That however can't be said about bad news. Even the slightest form of "bad" news can make people panic sell like there is no tomorrow.

Yeah I've totally given up trying to speculate the price of Bitcoin anymore.
It seems so random these days LOL. 

I do think we can reach the $1000 mark eventually, we just need some new service to create more users.
Hopefully the Mega sharing platform or something like that happens soon and exposes new people to Bitcoin.

[TastyChillySauce00]

The same was the case just before the block halving. People were heavily speculating about the price to break through $1000 while we didn't even reach the $800 level. Right now we're in exactly the same situation. Beside that, the price doesn't move on good news anymore. That however can't be said about bad news. Even the slightest form of "bad" news can make people panic sell like there is no tomorrow.

Yeah I've totally given up trying to speculate the price of Bitcoin anymore.
It seems so random these days LOL. 

I do think we can reach the $1000 mark eventually, we just need some new service to create more users.
Hopefully the Mega sharing platform or something like that happens soon and exposes new people to Bitcoin.

That's why it's called speculation. just a few opinions spread by people with some little reasons and can't guarantee the truth behind it and the fact that will be coming. service aren't giving big impact to bitcoin, though. the demands of the market are coming not because some services were existed but most people more likely to get interested in owning bitcoin

[cakravothy]

bitcoin price in christmas and new year can down trend not up trend
ussualy in christmas and new year bitcoiner need cash money
so much people can sell bitcoin, so can hard dump is added panic sell, co bitcoin price can very down

[Kotone]

Will we find this gift under our tree?

I already sold out my bitcoin i thought it will never go up again but it's okay im going to work harder in trading so i can earn more again it would be nice if bitcoin will hit $1,000 by christmas or after this year it's so nice that bitcoin is getting so strong.

[Doms]

Although it is nice to see bitcoin reach four digits by the end of the year, I am already happy with its current price as the price it holds for the rest of the year. And for bitcoin to have another significant increase with just a little less than a month remaining might be asking too much. That could result in a quick dump as well.

[tee-rex]

Although it is nice to see bitcoin reach four digits by the end of the year, I am already happy with its current price as the price it holds for the rest of the year. And for bitcoin to have another significant increase with just a little less than a month remaining might be asking too much. That could result in a quick dump as well.

We need solid price consolidation above $750, maybe, for a few weeks before we can safely go higher. If we just pump and pump without end, that, as you have said, could easily result in a quick dump to $700 and below. Better slowly but surely.

bitcoin price in christmas and new year can down trend not up trend
ussualy in christmas and new year bitcoiner need cash money

Yeah, they need money to buy more bitcoins, for themselves and their dear ones. But we shall see.

[lionheart78]

With just over 20 days to ago, and ~30% hike required, I wouldn't banking on this bit of news to make my Christmas day.
We got to have patience, irrespective of the stellar performance that Bitcoin has displayed this year.

Bitcoin is not having any negative news to go below the current rate and if the trend continues it could cross $800 in coming weeks and normally the price would take a dip during christmas and new year eve and thats what the historic graph says and so i do expect that during this year too.

Yes all current events (new US president and China looks for alternative investments etc) are supporting bitcoin prices to go upward. The festival seasons must be another big support for bitcoin prices to stay strong. Hopefully, we can expect bitcoin prices to reach ATH at any time in the remaining days of 2016.

Expecting ATH at any time in the remaining days of 2016 is a bit a too much.  I can see $850 at the end of the year.  There is not much of a news to move bitcoin at that new ATH, besides if bad press happen we might see a sub$ 700 at the end of the year.  Not mentioning people need to encash to have money to spend for the christmas season, so there is an expected dump within this range of time.

[frankmb]

It would be great if it could go up so much, but I think this ain't going to happen in such a short period of time left. I am glad the price is stable where it is right now. And who knows it will break the $1000 barrier in 2017. 

[1Referee]

I already sold out my bitcoin

May I know at what prices you sold all your coins?

i thought it will never go up again

You're clearly proven wrong. Bitcoin is a more than tricky market. One day everything looks fantastic where the demand and good sentiment levels are peaking, while the other day the market may look like an entire war zone. For inexperienced people this is what makes them decide to do certain things (e.g. panic selling, selling all coins at once) that they later surely regret.

it would be nice if bitcoin will hit $1,000 by christmas or after this year it's so nice that bitcoin is getting so strong.

I think the idea of reaching $1000 is much nicer than the actual profit that you may get from it. Example; If you buy 0.5BTC right now, and the price happens to reach the $1000 level, then it's just a profit of ~$120. I personally can't really get excited with such profits.