price over the next month

[scenicsquirrel]

It's anyone's guess really - the market seems to be mostly affected when news hits, be it good or bad. We may get some good press, which will pique interest from new investors again (and result in a price increase); or we may have some bad news which results in a selloff; or finally prices may continue to stagnate, people lose interest, and the price may drop some.

Again, anyone's guess - news is fairly unpredictable in nature.

[XXthetimeisnowXX]

The price will plummet as people abandon bitcoin in favor of litecoin.

lite coin is a silly thing that is only for speculation. you obviously mine/hold them. but ultimately they will fall to the wayside. especially in the next month ha noooo. lightcoin might disappear in the next month though you may be right about that.

[coingun]

Slow and steady. Realistic ups and downs. Too much volatility can be a bad thing.

[moody123]

It looks to me like the price is ready for a breakout and will probably go higher than 120 within the next few days. It could be a possibility it might reach 200 if there's a breakout.

[black2burn]

It looks to me like the price is ready for a breakout and will probably go higher than 120 within the next few days. It could be a possibility it might reach 200 if there's a breakout.

I think August will see 145-155 base range.  Testing 165 and 135.

[papaminer]

slow and steady all the way UPPPPPPPPPPPPPPP

[Quicker_777]

lets think with all the good news about investers going big for bitcoins and coinbase. along with china may finaly start buying. what do you think it will be in one month.... a month is an eternity in bitcoin terms and it could get a new ath and also burst and fall and rebound and thats just a month haha. lets talk about it

its gonna be steady

Here's the weird thing IMO;  the price should be completely unregulated free market, and there's no logical reason for it to be holding steady at 120.  Just plain unnatural.  I sense marketplace controls, but I don't have any basis for saying that, other than 2-3 exchanges now control almost all bitcoin - USD trading.  

[XXthetimeisnowXX]

It looks to me like the price is ready for a breakout and will probably go higher than 120 within the next few days. It could be a possibility it might reach 200 if there's a breakout.

I agree. i think that with all the past and current press and all the people and getting fiat into the exchanges i think that they are just waiting for something to happen. a dollar or two eather way wont do it. we gotta see like a fire arrow up. like in ten minutes we see a five dollar rise then a domino chain reaction will occur. a jail brake and everyone will hit the buy button. we are like a winding spring the more it stays steady the more it will launch and with just a hair trigger.

thats a lot of metaphors but seriously i really think it will go big when it goes.

i do like slow and steady for sure. but bit coins is not the 401k that is in a conservative get .00238% return year over year. its a wild ride of huge gains and deep dips. so lets have it! let it launch to the moon:)

[XXthetimeisnowXX]

also interesting that 91% think it will be above 100. and almost 15% think it will be OVER 200 bucks. wow in one month that would be awesome.

[Galahad]

should melt up to 166 and above but not exceed 183 before crashing back down below 50

I'll look forward to that one, would like to buy some cheap coins.

The price will plummet as people abandon bitcoin in favor of litecoin.

lite coin is a silly thing that is only for speculation. you obviously mine/hold them. but ultimately they will fall to the wayside. especially in the next month ha noooo. lightcoin might disappear in the next month though you may be right about that.

Some say the idea of LTC was as a silver to BTC's gold but it's really just Bitcoin with some additional improvements. I've heard people say it is much more secure so perhaps people will opt for it in the near future. I'm certainly going to be getting some in just in case.

[XXthetimeisnowXX]

going up....past 150 in one month???

[Swapster]

IMO - the reason why BTC price is volatile right now is because it is priced low.

Imagine a $21 Billion economy. That makes 1 BTC worth about $1000. When you start to get to that level and then the price rises or falls by $20... it won't be such a big deal.

Right now, those swings are huge though - and hurt the usefulness of BTC as a purchasing tool.

I believe that long term the price will rise as more business accept BTC as payment... that is simply a matter of time. So many benefits yet to be realized. Many content businesses -  big or small - can benefit from micro payments (it's one of those things that should have happened 20 years ago but couldn't because of the banking system). Porn... goes without saying.. they will embrace it. Brick and mortar... it's dead easy to set up and there is high incentive to do so because it is cheap. Obviously, online websites would do well to accept BTC... and again, dead simple.

Those are the reasons I have faith in the future of BTC and it's value going up significantly.

[bitcoinenthusiast]

the price will continue going up with the difficutly

[101Official]

I find it refreshing when the volatility is low. May has been relatively uneventful.  Let's hope it stays that way for a while. Stability in price lends legitimacy to bitcoin.  Who (apart from us early adopter types) would want to use a currency that could lose 60% of its value in a day?

Apologies to the speculators. I try to live in the real world.

[CLains]

What is the average rise in percent each month last 3 years?

...

These charts are pretty scary

http://bitcoincharts.com/charts/mtgoxUSD#rg60zczsg2013-01-09zeg2013-06-01ztgSzm1g10zm2g25zv

http://bitcoincharts.com/charts/mtgoxUSD#rg60zczsg2011-05-28zeg2011-11-30ztgSzm1g10zm2g25zv

[101Official]

... but this one is much nicer:

http://bitcoincharts.com/charts/mtgoxUSD#rg5ztgSzm1g10zm2g25zv

[bearpig]

Do we have any patterns emerging when it comes to the time of year (instead of the usual week/monthly based patterns) or has it not been enough seasons in the public eye to be effected?

[XXthetimeisnowXX]

IMO - the reason why BTC price is volatile right now is because it is priced low.

Imagine a $21 Billion economy. That makes 1 BTC worth about $1000. When you start to get to that level and then the price rises or falls by $20... it won't be such a big deal.

Right now, those swings are huge though - and hurt the usefulness of BTC as a purchasing tool.

I believe that long term the price will rise as more business accept BTC as payment... that is simply a matter of time. So many benefits yet to be realized. Many content businesses -  big or small - can benefit from micro payments (it's one of those things that should have happened 20 years ago but couldn't because of the banking system). Porn... goes without saying.. they will embrace it. Brick and mortar... it's dead easy to set up and there is high incentive to do so because it is cheap. Obviously, online websites would do well to accept BTC... and again, dead simple.

Those are the reasons I have faith in the future of BTC and it's value going up significantly.

one of the first newbie statements that I like- your spot on. (as long as you mean volatility as in the big scheme of things. cuz as of now its the most stable ive seen it.)

ya the amount of money in the world is estimated at 60 trillion. i think this is low ball park though. anyways anyone want to guess what one percent of 60T is? easy 600B yep. that is one percent of the worlds fiat money 600 billion. if just one percent of the worlds money was in BTC then what do you get?

well first how many bitcoins are out there? lets go with a nice round number. so in the beginning of 2014 feb-march there will be 12million bitcoins. imagin if by that time or say this time next year we have that one percent of the worlds money in bitcoins.

so 600B divide by 12M you get your price per bitcoin. the answer is- 50,000.00 per bitcoin. you think that one hundred and fifty is to high for this currency? ha. i keep telling people that ANY PRICE UNDER THE LAST ATH IS THE BEST BERGEN EVER!!!!! hell even at 500 you are gold. but you get more if you buy now.

people think this 1,000 per bit is a pipe dream or some ridiculous idea. i think no. i think 1,000 is just the beginning.

this is all based on just one percent of the worlds money. imagine it...just one percent of what you make each year. hell in religion it is common to give 10% ... 1% is nothing. we give well over 33% to the government in taxes...thats JUST income taxes. then tax on top of tax of any purchase. another 3% and tax on land and almost everything else.

one percent is doable. and if you relay want to be conservative then halve that. say only 1/2 of 1% then you get 25,000. per bitcoin.

people need to wake up and get in now! BTC is so incredibaly undervalued that its as if you can buy BTC at LTC prices.

[nycgoat]

The price will spike during the next period of financial/social unrest or when the mainstream media picks up the stories again.

I found this site today: http://bitbet.us/

I guess you can make a bet if you feel one way or another?

[XXthetimeisnowXX]

The price will spike during the next period of financial/social unrest or when the mainstream media picks up the stories again.

I found this site today: http://bitbet.us/

I guess you can make a bet if you feel one way or another?

ya and for it to drop and not go as far down as one would think...i mean for it to be even worth more than one dollar is huge, let a lone that it is worth hundreds of dollars lets you know that these will just continue to go up.