Quote from: Amph on January 03, 2016, 09:35:20 AM

Quote from: Hallmader on January 02, 2016, 09:48:05 PM

Quote from: richardsNY on January 02, 2016, 05:23:40 PM

Quote from: boumalo on January 02, 2016, 12:36:20 AM

Quote from: makingwin1 on January 01, 2016, 11:25:45 PM

it easily might happen as the price of the bitcoin is not stable at all and it always goes up and down though i hope that it will go only up from now

We are close of the 400$ mark now at 433$

I think the economic events that will unfold in 2016 will spike up the price of bitcoins to thousands of dollars

I don't consider the $430 level to be close to $400. It may look like there isn't much space between $400-$430, but just look at the support around the $400 level. People will make sure it won't fall below that.

A big whale can push the price below $400 briefly, but it will go back sooner or later. The value is there.

that's why no big whale is stupid enough to do it, he/she will lose only his/her bitcoin, so manpulators are moving together when they hit i believe

now it seems they have taken a rest, the current stability is what i would expect in the future when bitcoin is already mainstream

-+1% of swings are perfectly normal in many markets

The big whales wait for news that panics investors, then they move together to manipulate the price. There hasn't been any big news over Christmas, and there rarely is, so the price has been stable while everyone holidays. The next big news will start the next big movement.