WHAT IS MORE LIKELY FOR BITCOIN BY JANUARY.. A CORRECTION OR 20K?

[Sccit]

IT WENT PRETTY HIGH TODAY AND ALREADY WENT DOWN NEARLY $3,000 WITHIN A 12 HOUR PERIOD.

SO IS THIS A BUBBLE ABOUT TO BURST OR ARE WE STILL IN THE EARLY STAGES OF A COIN THAT COULD MAX OUT AT 50K? 100K?

IF YOU DO BELIEVE A CORRECTION IS COMING, WHAT PRICE DO YOU SEE IT SETTLING AT?

[brontosaurus]

People keep on saying its a bubble its a bubble what makes them say this?? Bubble is something which is made absolutely of air. We have a hardcore system and a full proof blockchain network backing bitcoin. Yes its price might burst a lot but it would be wrong to say that it would become valueless some day. For January and coming times I think there is no correction coming. Reason is because the market cap of bitcoin has increased considerably. We have crossed another 100 Billion USD mark in just a week.

Correction comes generally when the people already indulged in this currency raise the price not when there are some new comers in the market. A few days ago Indians were entering the market quite rapidly and now the same is happening in Korea. So my bid is 25K for January. Long live bitcoin!

[secondgarlic]

I'm thinking both. If the price stabilizes, a correction will not be necessary, and the corrections until now have pretty much always came after fast price increases like the one we have right now. The way to $20K will have fast rises as well, so it's not out of the question to reach $20K and then have a correction. This may even happen within this month, with how fast the price is going up.

[talkbitcoin]

it is possible to see $20K and also a massive dump because it was a huge pump really, it was no longer a natural rally if you ask me.

but if the price stops here and takes some steps back, even if it falls down to $10,000 it will be a good thing for bitcoin. because at this point it will be a good correction which will also strengthen the current price and we will find the bottom support for bitcoin. and that will also reduce the risk of a big drop in the future. and any bubble that may exist.

[crazyivan]

I think we ll see a correction. Nothing grows 2k per day and then does not get corrected, there is always profit taking.

But in case it corrects, there s always money to be made in altcoins. So, you dont really lose anything.

[inturist]

200,000 Unconfirmed Transactions Pile Up in Another Crazy Day for Bitcoin.
"Exchanges overloaded. DDoS attacks. Huge price spikes, flash crashes, and order cancellations. Over 200k transactions queued, some for more than 24 hours, in the mempool – despite paying high fees. Just another crazy day in bitcoin, a land where every day seems to be wilder than the last, including higher highs, bigger swings, and record-breaking numbers across the board. "
https://news.bitcoin.com/200000-unconfirmed-transactions-pile-another-crazy-day-bitcoin/
Interesting situations, something interesting will happen  
I do not want to talk about when the party ends, we're already moving to Mars. Maybe even to Jupiter.  

[mmhaimhai]

Im still having a little fear that the correction that would happen would pull down the bitcoin price but looking on how bitcoin moves lately the urge of acquiring and holding more bitcoins prevail on me hoping for its price to continue pumping

[maxj57634]

$20k is what i prefer so that all of us can have huge profit towards bitcoin bit a correction would also be great but i hope not that high maybe around $1-2k dollars, everyone wants to gain something so i guess everyone wants bitcoin to go huge.

[Niveus]

I watch with interest how bitcoin rises by another one thousand dollars in a few hours and try to predict how much we will fall. Soon Christmas holidays, so we are waiting for people to start fix a profit. I want a BTC - 10 000 $ by January 2018  

[Avdotiy]

People keep on saying its a bubble its a bubble what makes them say this?? Bubble is something which is made absolutely of air. We have a hardcore system and a full proof blockchain network backing bitcoin. Yes its price might burst a lot but it would be wrong to say that it would become valueless some day. For January and coming times I think there is no correction coming. Reason is because the market cap of bitcoin has increased considerably. We have crossed another 100 Billion USD mark in just a week.

Correction comes generally when the people already indulged in this currency raise the price not when there are some new comers in the market. A few days ago Indians were entering the market quite rapidly and now the same is happening in Korea. So my bid is 25K for January. Long live bitcoin!

Yes, Bitcoin is valuable, but the constant growth with vertical candles and rsi off scale is sick. Now hipe and fomo are moving the price, not value of the technology. And this situation can sooner or later end badly.  

[Jack Harris]

I think a stable rise to $20000 is much more likely, atleast until this January. This is because bitcoin usually rises at a huge rate during the Christmas-New Year week, and a correction is not very likely. However, a correction to around $16000-$17000 is possible at around mid-February.

[earnmoneyonl]

Actually, I do not think bitcoin is increased too fast will be a good idea. It will make massive of people going to buy it and just one down price they will sell it all so in my opinion stable price is better.

[manoj kumar k]

Deffitnetly the value of the bitcoin will reach 20000dollar

[Sccit]

I think a stable rise to $20000 is much more likely, atleast until this January. This is because bitcoin usually rises at a huge rate during the Christmas-New Year week, and a correction is not very likely. However, a correction to around $16000-$17000 is possible at around mid-February.

WHATS THE REASON THAT BITCOIN PRICE GOES UP DURING THE HOLIDAYS?

[TorbiK]

I think inflated the price to get out on the maximum before launching futures. Over the weekend, most of the capital will go to Bitcoin Cash.

[panjay]

Man this price so ridiculous. some people just buy bitcoin because they think it's always going up and they can make a profit, but surely there's will be a correction and most people will panic and there's will be a mess. I think we can see sub 10k to be honest.

[saidlik]

I am more concerned about the unconfirmed transaction ... i tried to change monacoin to btc 2 days ago through shapeshift...nothing yet, monacoin dropped about 20% and today they are going to cancel it and 20% of profit is gone :/

Yesterday i tried to change btc to digibite this time through shapeshift and again still no money.


I think this is the biggest problem, if I was a guy with no info and first time in crypto I would take my fiat money back asap if I this happened to me.

[khaled0111]

What is happening is really strange and can't find any logical explanation to it.
I think people want to buy Bitcoin at any price now that is why we see this pumping.

There will be a correction soon, it is inevitable. A correction will preserve Bitcoin and ensure its continuty,
otherwise no one knows what will happen and we will witness huge upwards and downwards.

[eann014]

Bitcoin will actually rise until up to next year. They say bitcoin will actually hit $20k or more. And by this Sunday, big investors will enter bitcoin. As the news says that what I've heard, Banks & Financial companies in the USA declaired legalizing "Bitcoin Futures" as an investment product. By Sunday Dec 10 12pm New york time that will open in the market so people are making panic buying so it will drive pump.

[forbiddenone123]

IT WENT PRETTY HIGH TODAY AND ALREADY WENT DOWN NEARLY $3,000 WITHIN A 12 HOUR PERIOD.

SO IS THIS A BUBBLE ABOUT TO BURST OR ARE WE STILL IN THE EARLY STAGES OF A COIN THAT COULD MAX OUT AT 50K? 100K?

IF YOU DO BELIEVE A CORRECTION IS COMING, WHAT PRICE DO YOU SEE IT SETTLING AT?

I believe the correction for the price maybe the price will correct by $13k - $14k for this day but for this week the price will be increase to $15-16k What do you favor to the price ?