Post
Topic
Board Speculation
Re: Price of the bitcoin will jump again? The price today is acting weird
by
Panzersin
on 23/04/2016, 20:59:41 UTC
This december i think the price of the bitcoin will jump and reach $500 on this month.
because it's nearly christmas and i think some people sell/exchange his/her bitcoins to use it in christmas.
What do you think guys?

well i think you know or atleast heard about bitcoin block reward halving, so that is a reason why price will rise soon, price is weird because everyone hopes for something, while rest of people buys bitcoins hoping to sell them for more after halving, nobody knows what to do so it looks weird

The price is not weird at the moment. It is very stable now. We will see the price rise some time next month.

The price has risen to around $449 now. It has risen quite slowly. So the bitcoin is still in the consolidation stage.