Quote from: bitart on November 28, 2017, 09:57:14 PM

Quote from: paulto on November 28, 2017, 08:33:54 PM

Quote from: Msile on November 28, 2017, 07:00:38 PM

Quote from: jevee on November 28, 2017, 05:10:31 PM

will bitcoins hold their 10k valuve in december? do you think it will increase od decrease?

$10,000 per Bitcoin might get a lot of people to start purchasing it. The price could go up drastically after the price gets to that level.

when institutional investors come to crypto the price will go to real moon

Or not. Just remember the JP Morgan story. They wanted to buy low, so they have moved the market a bit (and they had luck because of the Chinese temporary ban was announced that time also). If institutional investors want to buy in at a cheaper price, they can influence the price for that period of time they start to invest and buy into bitcoin. After it will surely start to rise again but it's another possible scenario.

The price of bitcoin in December will probably stay around the 10k USD range. I think this is a stable plateau for the next progress that is going to be made in terms of the price. There is so much debt in this world and the BTC price has to account for it eventually so we are already seeing this with the price the way it is, more and more people are believe in Bitcoin over FIAT and gold.