Post
Topic
Board Speculation
Re: Price of the bitcoin will jump again? The price today is acting weird
by
Malsetid
on 13/05/2016, 10:49:05 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.
This is amazing the price today is already break the 450 and now the price is 452.7 according to preev price.. and i think it will continues increase this week until block halving..

The price of these days don't look to be weird. The price has increased after the days of small fluctuations. Hope this rise would continue to reach $500 in the weeks ahead.

i hope so too, but i think it may take more than one week to reach $500 because after a $50 rise there will be some shakedown to cash out and kick the weak hands out and then after accumulating more the price will be stable above $500.

If the price rises to $500 in early July, I will be very happy. That is 10% rise in two months, or 60% in a year.