Huge increase in Bitcoin price within last two weeks

[sfd dik33]

I have noticed a huge increase in the value of Bitcoin within last two weeks. Before two weeks it was on 12000$ while today's current value of a bitcoin is 19407.69 US Dollars. What do you think that a the end of Dec 2017 what will be the price of a Bitcoin?

[pooya87]

you shouldn't just take the lowest price. the $12k price was the bottom of the dip after the correction and some panic sell. the rise was basically started at $16,500 bottom. in that case this rise is a 15% rise which is not that huge when you look at it like that.

with that said, this is bitcoin, it has always risen like this. people FOMO buy a lot. and there are times when there is a surge of new investors.

[TERA2]

Two weeks? Have you been living under a rock?

[akram143]

I have noticed a huge increase in the value of Bitcoin within last two weeks. Before two weeks it was on 12000$ while today's current value of a bitcoin is 19407.69 US Dollars. What do you think that a the end of Dec 2017 what will be the price of a Bitcoin?

You can just go back to some weeks the you can understand what bitcoin achieved in two or three months before,the price increased from $4000 to $20000 and still increasing.Maybe the bitcoin will end this year with $22K or more.

[davis196]

I have noticed a huge increase in the value of Bitcoin within last two weeks. Before two weeks it was on 12000$ while today's current value of a bitcoin is 19407.69 US Dollars. What do you think that a the end of Dec 2017 what will be the price of a Bitcoin?

I think the bitcoin price will stay around 19K USD.I was expecting such growth during December,but i didn`t expect that the price correction was relatively small.Your poll looks pointless,OP.
What kind of anwers are "bitcoin" and "increase of price"?The strange thing is that the people buy a lot more bitcoins during the outumn and winter,compared with the summer.I don`t know why.

[CuDoCuDau]

I have noticed a huge increase in the value of Bitcoin within last two weeks. Before two weeks it was on 12000$ while today's current value of a bitcoin is 19407.69 US Dollars. What do you think that a the end of Dec 2017 what will be the price of a Bitcoin?

I think bitcoin will be $40000 in next year

[Kim Ji Won]

I have noticed a huge increase in the value of Bitcoin within last two weeks. Before two weeks it was on 12000$ while today's current value of a bitcoin is 19407.69 US Dollars. What do you think that a the end of Dec 2017 what will be the price of a Bitcoin?

Nothing would be certain, we just have to believe that it would still increase to $20k or more by the end of the year. There are still many factors that could change the tide of where bitcoin stands. Let's just hope for the better and not be so negative about it that a crash will happen anytime soon.

[timerland]

I have noticed a huge increase in the value of Bitcoin within last two weeks. Before two weeks it was on 12000$ while today's current value of a bitcoin is 19407.69 US Dollars. What do you think that a the end of Dec 2017 what will be the price of a Bitcoin?

The increase wasn't actually that much. The only reason why you see around a 35% rise is because the correction took bitcoin price down from around $18000 apiece to around $13000 apiece, so really the rise from the $18000 level to now was only around $1500 per coin.

Not that much in crypto standards, that means there could potentially be more pumps.

Personally by the end of december 1) we could easily see a $20k level. 2) we'll probably see around a $3000 per coin growth as least, making price in the range of $21k-23k. Not sure what exactly the pricing will be though, that's obviously extremely hard to predict.

[Lieldoryn]

It seems to me that the whole amount of bitcoin to Christmas time to increase will be spent on correction. We will finish this year with record $ 20,000. I had no idea about this result 3 months ago. It is difficult to predict the price of bitcoin. I don't understand how you can track the inflow or outflow number of users. Can be no inflow no? Maybe this roller coaster is the handiwork of only speculators?

[h0lybyte]

It was already predicted by most experienced traders that the price will reach $20k by end of 2017 and currently almost there.
Based on my personal speculation, we will nearly see it more higher about $22000 before end of december.
The demand of bitcoin is still so high, therefore may increase more than our expectations

[alyssa85]

I have noticed a huge increase in the value of Bitcoin within last two weeks. Before two weeks it was on 12000$ while today's current value of a bitcoin is 19407.69 US Dollars. What do you think that a the end of Dec 2017 what will be the price of a Bitcoin?

The price is correlated with the Google Trends graph for bitcoin. See

https://trends.google.co.uk/trends/explore?q=bitcoin

People search for bitcoin, and then about a week later they buy bitcoin.

Look at how the graph suddenly starts to spike from the 25th NOvember onwards.

It now seems to have leveled off a bit. If it starts to drop, we know that the supply of new buyers will shrink, and it's likely then that the price will fall back. At the moment people cashing out are being more than cancelled out by new buyers, but when the buyers dry up the sellers will dominate.

[gilangIDR]

It seems to me that the whole amount of bitcoin to Christmas time to increase will be spent on correction. We will finish this year with record $ 20,000. I had no idea about this result 3 months ago. It is difficult to predict the price of bitcoin. I don't understand how you can track the inflow or outflow number of users. Can be no inflow no? Maybe this roller coaster is the handiwork of only speculators?

My prediction that the end of the year and Christmas will be the peak of the bitcoin price increase this year and in 2018 I think everything will run more stable. We've seen a fantastic increase in bitcoin prices over the past year and next year I would prefer a more stable bitcoin price that would appeal more people to using bitcoin as a medium of financial transactions.

[Inkdatar]

This huge increase in bitcoin price is uncertain because of this sudden growth.  Maybe the price of bitcoin were heading upwards until this end of the month. So many predictions yet we actually dont know the actual price were reach after this current price.

[ronremsey25]

It already reach $20k before the end of the year. I think it is because of the appearing of so many altcoins this day. The competition in the market is getting bigger. Yes no one could beat Bitcoin in the market price but all the other coins to be listed in other exchange must pay in Bitcoin. So the demand is getting high. The higher the demand, the higher the cost or value. We can't be certain if it will continue next year but the possibility is not 0%.

[jackhdt]

I have noticed a huge increase in the value of Bitcoin within last two weeks. Before two weeks it was on 12000$ while today's current value of a bitcoin is 19407.69 US Dollars. What do you think that a the end of Dec 2017 what will be the price of a Bitcoin?

I feel Bitcoin prices increased too horrible. it is difficult to predict the price at this time. I think it will reach $ 20,000 by year's end. I think it will exceed $20 k in the next few days and fell a bit back $ 20k at the end of year . per usual, Bitcoin will go towards such

[TriplexXx]

I have noticed a huge increase in the value of Bitcoin within last two weeks. Before two weeks it was on 12000$ while today's current value of a bitcoin is 19407.69 US Dollars. What do you think that a the end of Dec 2017 what will be the price of a Bitcoin?

there are only two weeks till end of the year, i think bitcoin price will stabilize between $20,000 to $22,000.

[aso118]

I have noticed a huge increase in the value of Bitcoin within last two weeks. Before two weeks it was on 12000$ while today's current value of a bitcoin is 19407.69 US Dollars. What do you think that a the end of Dec 2017 what will be the price of a Bitcoin?

This is actually vertical acceleration, where every Tom, Dick and Harry is rushing in to buy bitcoins. because they have heard that it is a quick way to multiply your money. When we do correct, these are the very people who are going to go around telling people that it was a big gamble. I have no doubt that some people are going to get hurt, especially those who are taking out mortgages to bet on Bitcoin.

[finzyoj]

This huge increase in bitcoin price is uncertain because of this sudden growth.  Maybe the price of bitcoin were heading upwards until this end of the month. So many predictions yet we actually dont know the actual price were reach after this current price.

Right there are many predictions and I think it became hard to predict if what could be the next step of bitcoin because of the huge growth. Many people predicts that it will continue to rise for the next days but we should also consider that it may suddenly go down. Anyways, I always like to stay  positive in cryptos to avoid panic selling and wrong decisions. We should be happy that bitcoin had grow this far and there still is room for growing.

[Omega Weapon]

I have noticed a huge increase in the value of Bitcoin within last two weeks. Before two weeks it was on 12000$ while today's current value of a bitcoin is 19407.69 US Dollars. What do you think that a the end of Dec 2017 what will be the price of a Bitcoin?

This is actually vertical acceleration, where every Tom, Dick and Harry is rushing in to buy bitcoins. because they have heard that it is a quick way to multiply your money. When we do correct, these are the very people who are going to go around telling people that it was a big gamble. I have no doubt that some people are going to get hurt, especially those who are taking out mortgages to bet on Bitcoin.

New money is coming but I do not think we have reached the point where your average person is deciding to invest in bitcoin and mortgage their homes in order to do that, in fact every time we see news like that we see that bitcoin traders are the ones doing it, people that have a lot of experience in the market, this tells me that there is a lot of time left for those that want to make a lot of money with bitcoin.

[BitcoinPC]

In these days, everyone know that bitcoin price will be increased and it is easy to guess because we see within only 2 weeks bitcoin give us a huge profit then why not in the next 2 weeks bitcoin give us more profit and i guess the price will be above $20000 in the end of December.