$1200

[e-coinomist]

What do you guys mean? 1220 was hit last night. We've already hit 1200 several times

Would be good if stabilizing there. Nobody with some experience will buy at that level. Investors don't "invest" at ATHs. We are only slow sellers at the moment.
But staying 4 digits can prove handsome to establish a notation of something beeing invaluable. The usual associations: silver, gold, enriched uranium, plastic bags full of Amazon gift certificates.

[uki]

Even if it gets rejected and I believe it WILL get rejected, I think they price might stay up.

Totally exspected, due to halving effects. If it has been fivehundreds before halving, you can experience 2x of that afterwards.

The price doesn't have to double after halving, it is about buyers and sellers. Take the first halving for example.
Remember also that with each halving there is 50% less coins left to be mined. That means more coins in the circulation and presumably more hands that want to dump it, if the price to sell is attractive. That has to be compensated by more new money flowing in, otherwise the price will decline.

[cengsuwuei]

if without problem about china autorized regualtion china exchanger
and SEC AND ETF in USA aprove about bitcoin, bitcoin price can easy incraese until reach 1300 dollar

[aso118]

bitcoin prices really go up and almost touched the $ 1,200 price. I believe, tomorrow for sure the price has exceeded $ 1,200. the speed of price increase is happening so fast. I just hope that these prices will be completely stable in the long term.

I think the price will still not touch at $1200 value and i think the price could be still stay long in this price.. or the price could be decrease soon..
Just lets hope that the price of bitcoin will not go down below $1000 if its  happen the price could be increase and touch to $1200.

What do you guys mean? 1220 was hit last night. We've already hit 1200 several times

There is strong resistance at $1200 levels. We hit it only fleetingly. As soon as we cross $1200, a fresh wave of profit booking starts.
We have to break $1200 conclusively - make it the new floor.

[uki]

bitcoin prices really go up and almost touched the $ 1,200 price. I believe, tomorrow for sure the price has exceeded $ 1,200. the speed of price increase is happening so fast. I just hope that these prices will be completely stable in the long term.

I think the price will still not touch at $1200 value and i think the price could be still stay long in this price.. or the price could be decrease soon..
Just lets hope that the price of bitcoin will not go down below $1000 if its  happen the price could be increase and touch to $1200.

What do you guys mean? 1220 was hit last night. We've already hit 1200 several times

There is strong resistance at $1200 levels. We hit it only fleetingly. As soon as we cross $1200, a fresh wave of profit booking starts.
We have to break $1200 conclusively - make it the new floor.

$1200 new floor? well, that is very ambitious, to say the least. we may cross it for a bit, in this or the next pump, but that has yet nothing to do with setting a new floor. Floor to me is where the massive selling would stop. For now I consider $700 is the floor candidate, yet to be tested.

[BigBos]

Well, bitcoin really reached a high price for this time. I was really surprised when I saw the price of bitcoin above $ 1,200. Well, I'm sure that bitcoin prices will continue to rise and rise until it reaches $ 2,000 price at the end of the year.

[Kotone]

When the bitcoin price hit the price of 1200$ per coin it always decrease fast it almost 50$ lost and still decrease there are investors of coins don't want to lose profit thats why when the price of bitcoin hit more than 1170$ plus they automatically sell their coins.

[e-coinomist]

Even if it gets rejected and I believe it WILL get rejected, I think they price might stay up.

Totally exspected, due to halving effects. If it has been fivehundreds before halving, you can experience 2x of that afterwards.

The price doesn't have to double after halving, it is about buyers and sellers. Take the first halving for example.
Remember also that with each halving there is 50% less coins left to be mined. That means more coins in the circulation and presumably more hands that want to dump it, if the price to sell is attractive. That has to be compensated by more new money flowing in, otherwise the price will decline.

The first has been more influenced by emission rate, since there had not been millions of BTCs floating around. For a currency that got dubbed beeing deflationary by nature the inflation has been horrendous high.
Today one needs a way bigger lever to move this big mass of a $18,000,000,000 Marketcap. Only the blocksize debate could mess with it, not a single trading entity. If Segwit fails, BU stuck, people loosing patience perhaps.

[uki]

Even if it gets rejected and I believe it WILL get rejected, I think they price might stay up.

Totally exspected, due to halving effects. If it has been fivehundreds before halving, you can experience 2x of that afterwards.

The price doesn't have to double after halving, it is about buyers and sellers. Take the first halving for example.
Remember also that with each halving there is 50% less coins left to be mined. That means more coins in the circulation and presumably more hands that want to dump it, if the price to sell is attractive. That has to be compensated by more new money flowing in, otherwise the price will decline.

The first has been more influenced by emission rate, since there had not been millions of BTCs floating around. For a currency that got dubbed beeing deflationary by nature the inflation has been horrendous high.
Today one needs a way bigger lever to move this big mass of a $18,000,000,000 Marketcap. Only the blocksize debate could mess with it, not a single trading entity. If Segwit fails, BU stuck, people loosing patience perhaps.

That is exactly why the price has absolutely no conection (or very little) to halving. Halving may be used as a an excuse to pump the coin, but in the long run, it is as you wrote: you have more coins in circulation and thus you need each time more new money flowing in, in order to keep it going.

[2legit2]

bitcoin prices really go up and almost touched the $ 1,200 price. I believe, tomorrow for sure the price has exceeded $ 1,200. the speed of price increase is happening so fast. I just hope that these prices will be completely stable in the long term.

I think the price will still not touch at $1200 value and i think the price could be still stay long in this price.. or the price could be decrease soon..
Just lets hope that the price of bitcoin will not go down below $1000 if its  happen the price could be increase and touch to $1200.

What do you guys mean? 1220 was hit last night. We've already hit 1200 several times

that's true, the next big stop is going to be 1300 dollars and i think it can be achieved pretty soon if the price does not get dumped any time soon, i hope that we are not in just a pump and dump at the moment.

Even if it gets rejected and I believe it WILL get rejected, I think they price might stay up.

Totally exspected, due to halving effects. If it has been fivehundreds before halving, you can experience 2x of that afterwards.

The price doesn't have to double after halving, it is about buyers and sellers. Take the first halving for example.
Remember also that with each halving there is 50% less coins left to be mined. That means more coins in the circulation and presumably more hands that want to dump it, if the price to sell is attractive. That has to be compensated by more new money flowing in, otherwise the price will decline.

The first has been more influenced by emission rate, since there had not been millions of BTCs floating around. For a currency that got dubbed beeing deflationary by nature the inflation has been horrendous high.
Today one needs a way bigger lever to move this big mass of a $18,000,000,000 Marketcap. Only the blocksize debate could mess with it, not a single trading entity. If Segwit fails, BU stuck, people loosing patience perhaps.

That is exactly why the price has absolutely no conection (or very little) to halving. Halving may be used as a an excuse to pump the coin, but in the long run, it is as you wrote: you have more coins in circulation and thus you need each time more new money flowing in, in order to keep it going.

it is funny to see how people say that it does not have any impact on the price, I mean just think about it, it gets harder and harder to get bitcoins while the demand increases and increases over time, then of course the price grows in a long term.

[600watt]

it's above $1200 already, but i remember the peak of 2013 higher than this, like around $1260-80? i could be wrong though

this time the dump can't be under $1k anymore, the next dump should be between $1200 and 1500, this make $1000 the new bottom

on mtgox it was $1242 @ 2013-11-29

https://bitcoincharts.com/charts/mtgoxUSD#tgSzm1g10zm2g25zv

gox prices where higher than average because you couldn't cash out. 

[Rahar02]

...

Someone else may beat me to broadcasting this news, but ounce.me just showed BTC at $1207 !!

It may be that ounce.me shows a slightly higher price than preev.com and others, but I use ounce.me as they also show gold and other precious metals prices.

In some countries (exchanges)  had shown different price too, slightly different but Japan might has the highest exchange rate right now. I just know about this site, ounce, good reference I think as it show some precious metals value. Bitcoin price almost reached another ATH than in 2013 at mtgox but people couldn't wait for sell their bitcoin. I admit the price is so tantalize and already fall to $1150 again, but if we always fall to sell in every rise, when we will reach higher point? We should be patient about it.

[Seansky]

...

Someone else may beat me to broadcasting this news, but ounce.me just showed BTC at $1207 !!

It may be that ounce.me shows a slightly higher price than preev.com and others, but I use ounce.me as they also show gold and other precious metals prices.

In some countries (exchanges)  had shown different price too, slightly different but Japan might has the highest exchange rate right now. I just know about this site, ounce, good reference I think as it show some precious metals value. Bitcoin price almost reached another ATH than in 2013 at mtgox but people couldn't wait for sell their bitcoin. I admit the price is so tantalize and already fall to $1150 again, but if we always fall to sell in every rise, when we will reach higher point? We should be patient about it.

I agree with you. If the current stabilization continues, we might see the new all time high soon that is for me 1$ or more from mt. gox all time high. It's really different in every exchanges since the price on exchanges are based on the buy and sell that happens there where all exchanges are different. I think also that price would rise again soon so we need to be patient to earn more profit from this current pumps and dumps.

[richardsNY]

...

Someone else may beat me to broadcasting this news, but ounce.me just showed BTC at $1207 !!

It may be that ounce.me shows a slightly higher price than preev.com and others, but I use ounce.me as they also show gold and other precious metals prices.

In some countries (exchanges)  had shown different price too, slightly different but Japan might has the highest exchange rate right now. I just know about this site, ounce, good reference I think as it show some precious metals value. Bitcoin price almost reached another ATH than in 2013 at mtgox but people couldn't wait for sell their bitcoin. I admit the price is so tantalize and already fall to $1150 again, but if we always fall to sell in every rise, when we will reach higher point? We should be patient about it.

I agree with you. If the current stabilization continues, we might see the new all time high soon that is for me 1$ or more from mt. gox all time high. It's really different in every exchanges since the price on exchanges are based on the buy and sell that happens there where all exchanges are different. I think also that price would rise again soon so we need to be patient to earn more profit from this current pumps and dumps.

Different exchange prices are the result of the free market we are moving in. I always tend to look at the all time high of what I consider to be the most important/leading exchange, which in this case is Bitstamp. Bitfinex is leading when it comes to their daily volume, but I lost complete faith in that exchange after everything that happened last year.

[angaper]

There are no important differences between most exchangers... the only exception is xapo, where price was $2,250 when most exchangers were at $2,210.

[snipie]

Feel sad for not witnessing the +$1200 moments but maybe we will see it again soon  
For ounce.me it is a good site that i wasn't aware about it thanks orobtc
The price for the moment
Bitstamp 1,151.89
Bitfinex    1,153.10
GDAX       1,154.17
itBit          1,153.22
OKCoin    1,147.26
Gemini     1,154.19
BTC-e       1,132.58
Kraken     1,155.26
BTCC       1,107.96
OKCoin    1,125.58
Huobi       1,122.38

[jtipt]

There are no important differences between most exchangers... the only exception is xapo, where price was $2,250 when most exchangers were at $2,210.

I guess you meant $1,250 and $1,210.

I think 1200 was just momentary hike as it stayed hardly for few hours. Most probably bitcoin would stay over 1100 this coming month and may even rise over the ETF.

[zby]

Looks like range trading for now - about 1200 sell, about 1100 buy. But that's only temporary for sure. Either there is another PBoC announcement to drive it down - or it will break up.

[OrangeII]

I think, for the moment, bitcoin is very difficult to survive above the price of $ 1,200. when bitcoin reaches that price, the price probably will only last a few hours, or days. I know, so many people are targeting those prices, to sell their bitcoin.

[Red-Apple]

Even if it gets rejected and I believe it WILL get rejected, I think they price might stay up.

Totally exspected, due to halving effects. If it has been fivehundreds before halving, you can experience 2x of that afterwards.

The price doesn't have to double after halving, it is about buyers and sellers. Take the first halving for example.
Remember also that with each halving there is 50% less coins left to be mined. That means more coins in the circulation and presumably more hands that want to dump it, if the price to sell is attractive. That has to be compensated by more new money flowing in, otherwise the price will decline.

The first has been more influenced by emission rate, since there had not been millions of BTCs floating around. For a currency that got dubbed beeing deflationary by nature the inflation has been horrendous high.
Today one needs a way bigger lever to move this big mass of a $18,000,000,000 Marketcap. Only the blocksize debate could mess with it, not a single trading entity. If Segwit fails, BU stuck, people loosing patience perhaps.

That is exactly why the price has absolutely no conection (or very little) to halving. Halving may be used as a an excuse to pump the coin, but in the long run, it is as you wrote: you have more coins in circulation and thus you need each time more new money flowing in, in order to keep it going.

it is a bit off topic here but let me tell you that the effects of halving always shows in the long term not right after the halving. as you can see from the charts. the effect that you see before or generally those days, is mostly hype so you are kinda right. but not about halving.

the main effect of the halving is the "dump" or supply in the market. supply is not the coins available but the coins sold. and when the reward is big, the dump by miners is big hence the supply is bigger. and it halves when the halving happens.