Quote from: pitham1 on December 10, 2016, 04:08:37 PM

Quote from: Bobsurplus on December 10, 2016, 03:29:42 AM

Quote from: maku on December 10, 2016, 01:06:22 AM

Quote from: Bobsurplus on December 09, 2016, 08:45:04 AM

Deserves because it's weathered all the storms its had thrown at it.

Hacks- CHECK
Government scrutiny- CHECK
Blockchain strong- CHECK
Uptrend- CHECK

Biticon deserves new ATH, all right. But do we really have base for it in 2016? I don't think so. With only 20 days left until end of the year price spike of 100% is impossible.
It is true that we did not have any hacks/fails and uptrend it here but that is still not enough.
We need to wait for bitcoin related projects in 2017 to take effects (SegWit is not activated and I want to see price after BitCache will go live) - so the price can move.

While I almost agree with you I do think if the market makers wanted to we can see a new ATH by new years eve but more realistaclly its coming in 2017. One can always hope though.

It would require a 50-60% hike in 20 days. I hope that it doesn't happen because these kind of surges are invariably followed by drastic falls and disillusionment of a large section of the population.

Anything is possible, its just not likely.