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Question: Bitcoin Price in December?  (Voting closed: August 20, 2018, 04:36:08 PM)
$5000 - $6000 - 45 (45.9%)
$7000 - $8000 - 20 (20.4%)
$8000 - $10,000 - 17 (17.3%)
$10,000 - $20,000 - 10 (10.2%)
None of the above - 6 (6.1%)
Total Voters: 98

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Author Topic: Bitcoin price by December?  (Read 3958 times)
ivanst776
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August 29, 2017, 10:49:57 PM
 #121

How much do you think of bitcoin price by December?

For me, I think the bitcoin price is going to be worth anywhere between $8k - $10k

Share with us how much do you think the bitcoin price is going to be worth by December and why?

We have seen many changes this year and now we think that the price of bitcoin can jump high every time without knowing that the price can crash any time too.

After correction I would say that the price can go from 5k to 6k, the price today jumped from 4.4k to 4.7k which is pretty good, almost +10% which is really high within few hours.
nmaryrai
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August 29, 2017, 11:16:19 PM
 #122

Bitcoin prices in December, your estimate is exactly the same as my estimate, ranging from $ 8k - $ 10k, all this because of the impact of the increasing number of Bitcoin hunters, last month until today alone many people who study it.
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August 29, 2017, 11:43:39 PM
Last edit: August 30, 2017, 03:51:59 AM by stolendata
 #123

Bitcoin price will be $6000-8000 if it become an official form of currency in Australia  Wink
to me I think that if the price of bitcoin will continue with the same speed I am sure that bitcoin will cross 8000$ at the end of this year. i think it will be still profitable if a person will invest money in bitcoin right now. because still bitcoin is really a very safe and profitable investment. i myself have invested a good amount of money in bitcoin and still trying to invest more and more.
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August 30, 2017, 01:14:08 AM
 #124

Bitcoin price will be $6000-8000 if it become an official form of currency in Australia  Wink
to me I think that if the price of bitcoin will continue with the same speed I am sure that bitcoin will cross 8000$ at the end of this year.
it might goes $10000 at the start of the year, we can't never tell ,more and more countries implement,legalizung btc. Which this means more people will be aware and will definitely tries it.


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betlord90
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August 30, 2017, 02:14:12 AM
 #125

Bitcoin price will be $6000-8000 if it become an official form of currency in Australia  Wink
to me I think that if the price of bitcoin will continue with the same speed I am sure that bitcoin will cross 8000$ at the end of this year.
it might goes $10000 at the start of the year, we can't never tell ,more and more countries implement,legalizung btc. Which this means more people will be aware and will definitely tries it.

That is a good speculation and might it will came to that point since December is one of the peak point for BTC to rise up and if this price would reach for this month I think more doubting heads will come to adopt bitcoins since they will see it now profitable to spend there time in.
Cormoran
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August 30, 2017, 02:22:23 AM
 #126

How much do you think of bitcoin price by December?

For me, I think the bitcoin price is going to be worth anywhere between $8k - $10k

Share with us how much do you think the bitcoin price is going to be worth by December and why?




It's going to depend on whether or not there's any drama in November over Segwit activation. That could still bite people in the ass if they're not expecting it, and I haven't heard much about it on these forums lately; certainly nowhere near as much chatter as there was about the Segwit vote process. From what I've heard there are still unresolved disagreements over the maximum block size, and still a possibility of another hard fork if those disagreements between Core and the Segwit supporters can't be resolved. I'm expecting it move mostly sideways, with some small upward momentum, for the next month and a half, and then have another sell-off - smaller than the last hardfork, but enough for a solid relief rally after which will push it over $5k. It definitely seems to have slowed down lately, and before the last few days seemed like it was hovering around the possibility of a bear market rather than going sideways.
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August 30, 2017, 02:55:03 AM
 #127

We already surpass $4,500 right now in the end of August and there are 4 months left into december. If the price of bitcoin can increase $500 every month, the bitcoin price can reach $6,500 in the end of the year. How about the bad one ? We don't know though, just hope the price of bitcoin will stable like this or increase again.

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Idrisu
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August 30, 2017, 06:53:54 AM
 #128

I am speculating bitcoin price to be as high as $8000 as if you study the historical data you will agree with me. Since the beginning of this year bitcoin do double in price every quarter. Bitcoin was around $1000 at the beginning of this year but double in price before end of April this year, at may this year bitcoin was below $2,200 and August bitcoin when as high as $4,600! I expect the same thing to happen in the next quarter and when that happened then we would be in the bubble.
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August 30, 2017, 06:59:30 AM
 #129

I am speculating bitcoin price to be as high as $8000 as if you study the historical data you will agree with me. Since the beginning of this year bitcoin do double in price every quarter. Bitcoin was around $1000 at the beginning of this year but double in price before end of April this year, at may this year bitcoin was below $2,200 and August bitcoin when as high as $4,600! I expect the same thing to happen in the next quarter and when that happened then we would be in the bubble.


Maybe you where right with that prediction but remember there's another issue will be happen on november and lets hope that there's no bad thing would be happen for the price since I'm sure that it can contribute for the downfall just like what happen on splitting issue where btc suffer for falling on that time.

sanjeev.lamani@
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August 30, 2017, 07:08:07 AM
 #130


Been trying to analyze the price here. Disclaimer:

I am a not professional. I am not a finance expert. You are responsible for your own decisions and research.

I believe Bitcoin will hite $6,500 at the end of December 2017. Most of the burst coming at last week of November.



BTC The price for beginning of September 4619 Dollars. The predicted maximum price 5273 and minimum 4583. Averaged price for month 4851. Bitcoin at the end 4928, change for September 6.69%.

Quote
Year   Month   Open   Max   Min      Close   Average   Month%Ch   Total%Ch
2017   August    2861   4942   2650      4619    3768   61.45%             61.45%
2017   September 4619   5273   4583      4928    4851   6.69%             68.14%
2017   October    4928   6116   4928      5716    5422   15.99%             84.13%
2017   November    5716   7095   5716      6631    6290   16.01%          100.14%
2017   December    6631   6631   5538      5955    6189   -10.19%         89.95%

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August 30, 2017, 07:08:17 AM
 #131

We already surpass $4,500 right now in the end of August and there are 4 months left into december. If the price of bitcoin can increase $500 every month, the bitcoin price can reach $6,500 in the end of the year. How about the bad one ? We don't know though, just hope the price of bitcoin will stable like this or increase again.
Bitcoin have been growing with high potential. This has made the price surpass $4500, and the splitting, segwit everything seems to be in a supportive way for growth. Hope the same continues for a longer time period and this will take the price reach higher and by the year end it might reach at least $6000-$7000.

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sanjeev.lamani@
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August 30, 2017, 07:21:58 AM
 #132

How much do you think of bitcoin price by December?

For me, I think the bitcoin price is going to be worth anywhere between $8k - $10k

Share with us how much do you think the bitcoin price is going to be worth by December and why?




BTC The price for beginning of September 4619 Dollars. The predicted maximum price 5273 and minimum 4583. Averaged price for month 4851. Bitcoin at the end 4928, change for September 6.69%.

Quote
Year   Month   Open   Max   Min      Close   Average   Month%Ch   Total%Ch
2017   August    2861   4942   2650      4619    3768   61.45%             61.45%
2017   September 4619   5273   4583      4928    4851   6.69%             68.14%
2017   October    4928   6116   4928      5716    5422   15.99%             84.13%
2017   November    5716   7095   5716      6631    6290   16.01%          100.14%
2017   December    6631   6631   5538      5955    6189   -10.19%         89.95%

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August 30, 2017, 07:42:27 AM
 #133

Bitcoin price will be $6000-8000 if it become an official form of currency in Australia  Wink
to me I think that if the price of bitcoin will continue with the same speed I am sure that bitcoin will cross 8000$ at the end of this year.
it might goes $10000 at the start of the year, we can't never tell ,more and more countries implement,legalizung btc. Which this means more people will be aware and will definitely tries it.

Yes, sure. But Australia also wants to develop its own cryptocurrency. If another countries will follow the same way, bitcoin may fell...
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August 30, 2017, 10:42:14 AM
 #134

Bitcoin price will be $6000-8000 if it become an official form of currency in Australia  Wink
to me I think that if the price of bitcoin will continue with the same speed I am sure that bitcoin will cross 8000$ at the end of this year.
it might goes $10000 at the start of the year, we can't never tell ,more and more countries implement,legalizung btc. Which this means more people will be aware and will definitely tries it.

Yes, sure. But Australia also wants to develop its own cryptocurrency. If another countries will follow the same way, bitcoin may fell...

BTC prices will most likely be in a downward trend for a number of months after the bubble pops, which i think will be before the end of November, start of December. Whether or not Australia develops its own cryptocurrency does not influence the price of bitcoin, or as much as you may think.

Bitcoin will drop not because some country is competing with it, but rather because it is significantly overbought, and in a bubble.

When exactly this bubble is going to pop nobody knows, but it'll happen sooner or later. I'd estimate the price of bitcoin by December to be around $3k-3.5k looking at it from right now, after the current pump.
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August 30, 2017, 01:45:53 PM
 #135

Generally I say bitcoin will go up to $5000 or $6000 by the end of the year. But that is me just being conservative because I don't want to get too excited haha. But the fact is bitcoin has been doubling this year at a rate quicker than 4 months, and we have 4 months left in the year...

$10k bitcoin this year is a possibility. Though I think more likely it will hit $7000 or $8000. The hard fork will probably hold it back some. I voted $7k-8k.
I agree with you, in my speculation I also think that bitcoin prices was played into $6000 - $7000. Because for now bitcoin was unstoppable to increase in the market.
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August 30, 2017, 03:07:24 PM
 #136

It has made to 4600$ by the end of August rising up to new heights and seems unstoppable right now. I believe it will surely break 6500$ by December positively...

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August 30, 2017, 06:00:04 PM
 #137

a little bit late for voting but I'd say that after the november, price in mid december will be around 5.5k$. No way that's going to drop below the current one and there's is sligtly morechance that it's going to jump over 6k$ after some corrections for sure.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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August 30, 2017, 09:47:36 PM
Last edit: September 16, 2017, 08:47:02 AM by ALT67890
 #138


If I were in that date December 31 the price will be 6000$ to 6500$ that is the peak price for this year. Not that so small but no exaggeration been really added. As the rise is stuck on 45000$ right now it will be just enough at that range. But if it changes the course because of the price corrections on November, we can't do much about it but to trust bitcoin and its further.
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August 30, 2017, 10:37:43 PM
 #139

I think bitcoin price by december will range $7000. As the value right now is keep increasing though its really hard to predict the actual price. So I believe bitcoin value will soaring high this end of the year.
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August 30, 2017, 11:15:40 PM
 #140

I think bitcoin price by december will range $7000. As the value right now is keep increasing though its really hard to predict the actual price. So I believe bitcoin value will soaring high this end of the year.
Yes predicting the price is indeed very difficult and we can only make speculation that is not necessarily true, but speculating it's okay to motivate yourself and possibly also for others. Bitcoin prices will continue to rise this year and will likely continue to soar in the end of each month. So for $7000 at the end of this year I'm also confident with that value.

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