Topic: BITCOIN END PRICE - page 6. (Read 2722 times)
Well bitcoins are very unpredictable, probably no one had thought few years ago that bitcoins can reach this high so assuming end value of bitcoins would be nearmy impossible.Bitcoins prices are heavily dependent on its demand from people so it might keep going up and up.I think that going above $10k would be hard as it would be too high but the amount of bitcoins are limited around 21 million so it is possible to go higher when all bitcoins are mined.
The wavering graphic design of graph clearly shows the structural value of the Bitcoin since years.
Accordingly , we cannot assume Bitcoin to be getting better or come out to be an end so it totally depends upon its growing value of members and its rising agility
Accordingly , we cannot assume Bitcoin to be getting better or come out to be an end so it totally depends upon its growing value of members and its rising agility
It all depends on the people minds, which psychological attached price level will act as resistance for short term or long term . It will also take some time and market will continue to move in new cycle of sideways market or downtrend market after it stops near any particular price level. But you forget that price has already moved from $1 to $1000 and now trying to move to $6000 and i am sure that it will surpass it soon. It has some strong fundamental story behind it, You need to find the real valuation behind it whether it undervalued or overvalued currency. To be honest it is not easy to predict the market top for now, as it required high level of knowledge and mastery on trading skills. Just watch and follow the market what it shows us.
Since the system is being drive by speculations and fore cast I don't think bitcoin price will come to an end one day. We don't have benc mark for how far bitcoin can go just as we don't have in dollars, stocks and commodities like oil. However we can easily speculate were price can be at a time based on the events of the past. I have see a lot of speculation like the one speculated by mackafee that bitcoin will be above $500,000 before 2020! Other are saying bitcoin may be 1satoshi to $1 before 2030.
The way bitcoin price has been increasing has been alarming lately and I can say that no other currency has the amount of power that bitcoin has, I can remember vividly sometime during January ( I mean early January) bitcoin was only struggling to reach $1k but now come October, the currency is almost nearing $6k ($5600) to be precise, now I want to ask if there is a mark in which bitcoin will stop increasing or is there a mark it can't cross.
That is something no one can apparently known since we do not know yet how huge the adoption is going to be like. However, if things pretty end up going fine, it is going to end up being huge. So for now, I guess we just have to keep our fingers crossed and keep watching the charts until one day, we will be so relaxed to either stop the journey or continue as the case may be. To me, the journey continues anyway.
Big merchants like even amazon is talking about adding support for bitcoin in near future if this came out to be true than bitcoin will be quite big thing. Its all about demand and supply, if demand for bitcoin will keep increasing while supply of bitcoin is limited than price can go to new high every years.
I want to ask if there is a mark in which bitcoin will stop increasing or is there a mark it can't cross.
I don't think there is any price range which bitcoin can't go over. I think even $100k per bitcoin is possible by next five years or even earlier. I am quite optimistic about crypto in overall so total marketcap of all crypto can go easily over $1 trillion in near future.
The way bitcoin price has been increasing has been alarming lately and I can say that no other currency has the amount of power that bitcoin has, I can remember vividly sometime during January ( I mean early January) bitcoin was only struggling to reach $1k but now come October, the currency is almost nearing $6k ($5600) to be precise, now I want to ask if there is a mark in which bitcoin will stop increasing or is there a mark it can't cross.
Not quite sure, if you will apply the law of supply and demand on bitcoins there is no certain value when will it stop increasing. The more people will be aware of bitcoin and its value then more demand will come and supply needed which affect the continous increase of it. So let's say we hit the mark when there's no supply of bitcoin or hence could produce one, it will continue to increase and increase as time goes by and don't forget the other Altcoins which law could also be applied.
As of now I still cant think any amount that will end the btc price. It keeps increasing and most of the times it's drastically increasing.
Let's just hope that bitcoin price will never stop rising its value. But we cant tell what will happen in the future, there is still a possibility that bitcoins will go down then up again. And will continue to up.
Let's just hope that bitcoin price will never stop rising its value. But we cant tell what will happen in the future, there is still a possibility that bitcoins will go down then up again. And will continue to up.
I think price of the bitcoin does not matter. Just buy all time and keep going hodl. Also believe in blockchain technology.
You gotto keep in mind that the dollar to which we are measuring right now might be worth less and less in the future. If bitcoin or any other crypto will become mainstream in the future it's easier to compare what you can buy for 1 BTC in the future (or maybe even 1 satoshi ifbit becomes really valuable).
Maybe it will be possible to buy a mansion with 1 BTC in the future, maybe it will depreciate and become worthless because we find a better alternative to crypto, nobody knows.
Maybe it will be possible to buy a mansion with 1 BTC in the future, maybe it will depreciate and become worthless because we find a better alternative to crypto, nobody knows.
I want to ask if there is a mark in which bitcoin will stop increasing or is there a mark it can't cross.
I don't think there is any price range which bitcoin can't go over. I think even $100k per bitcoin is possible by next five years or even earlier. I am quite optimistic about crypto in overall so total marketcap of all crypto can go easily over $1 trillion in near future.
Just keep buying bitcoin whenever there will be some correction on bitcoin's price.
The way bitcoin price has been increasing has been alarming lately and I can say that no other currency has the amount of power that bitcoin has, I can remember vividly sometime during January ( I mean early January) bitcoin was only struggling to reach $1k but now come October, the currency is almost nearing $6k ($5600) to be precise, now I want to ask if there is a mark in which bitcoin will stop increasing or is there a mark it can't cross.
NO! There is no price point we can say right now about bitcoin can't cross. Bitcoin is used worldwide and not within a single country. So it is impossible to have an overview of what the people are thinking about bitcoin and what can be their goal price. However, I believe every investors have their own goal price for bitcoin. They are going to probably sell out their bitcoins once that price point triggers. That price point is different for different users based on their experience and financial situation. Some will have 7k USD and some others will have 15k USD. But guessing the highest mark for bitcoin, is just impossible.
The way bitcoin price has been increasing has been alarming lately and I can say that no other currency has the amount of power that bitcoin has, I can remember vividly sometime during January ( I mean early January) bitcoin was only struggling to reach $1k but now come October, the currency is almost nearing $6k ($5600) to be precise, now I want to ask if there is a mark in which bitcoin will stop increasing or is there a mark it can't cross.
it was only struggling to reach $1000 because of the mentality of everyone in the market. where they all thought $1200 is the ATH and reaching it means the end of the line and price should go back down to $100 again.
additionally there was the scaling debate hot as ever.
you may not know this or think it insignificant, but in fact the scaling debate that lasted nearly 3 years, have been holding bitcoin back more than anything else ever could. and when it was resolved, most of the blockades against bitcoin were removed. so price could rise so much easier.
Correct, when it was struggling, everyone though that is the end of the line so they panic and sold off. But that mentality was changed when new and bolder investors came in which bags of money to put into the market. So we overcome that barrier. And then the scaling issue and the slow confirmation time was somewhat alleviated and more people enter because that issue who have been going for years was resolved.
If you are asking for a certain mark then maybe at the end of the year we are going to see $6000-$7000. Although its really hard to predict the price movement. But as far as the price it can't cross, really hard to speculate that since bitcoin is purely a speculative market.
The way bitcoin price has been increasing has been alarming lately and I can say that no other currency has the amount of power that bitcoin has, I can remember vividly sometime during January ( I mean early January) bitcoin was only struggling to reach $1k but now come October, the currency is almost nearing $6k ($5600) to be precise, now I want to ask if there is a mark in which bitcoin will stop increasing or is there a mark it can't cross.
Price rising will stop only if no new adopter join the game, if you compute 21M bitcoins and 7B people it could really hard to tell when it will stop rising, more mainstream media are telling what bitcoin is and people want it without knowledge. 
The way bitcoin price has been increasing has been alarming lately and I can say that no other currency has the amount of power that bitcoin has, I can remember vividly sometime during January ( I mean early January) bitcoin was only struggling to reach $1k but now come October, the currency is almost nearing $6k ($5600) to be precise, now I want to ask if there is a mark in which bitcoin will stop increasing or is there a mark it can't cross.
it was only struggling to reach $1000 because of the mentality of everyone in the market. where they all thought $1200 is the ATH and reaching it means the end of the line and price should go back down to $100 again.
additionally there was the scaling debate hot as ever.
you may not know this or think it insignificant, but in fact the scaling debate that lasted nearly 3 years, have been holding bitcoin back more than anything else ever could. and when it was resolved, most of the blockades against bitcoin were removed. so price could rise so much easier.
The way bitcoin price has been increasing has been alarming lately and I can say that no other currency has the amount of power that bitcoin has, I can remember vividly sometime during January ( I mean early January) bitcoin was only struggling to reach $1k but now come October, the currency is almost nearing $6k ($5600) to be precise, now I want to ask if there is a mark in which bitcoin will stop increasing or is there a mark it can't cross.
You need to understand that there is always a growing resistance between the users who are adopting bitcoin and the users who are defaming bitcoin. The buyers and sellers are what the price depends on.
Currently the November fork is coming and from the idea of the August fork people know that they can make a lot of free cash from it. So they are buying bitcoin and price is rising. After the fork there may be a drop in price and then the uptrend will again start.
This will continue and there is nothing to be alarmed of it because bitcoin price is bound to rise.
rising and falling bitcoin prices depending on their own taste, the more demand for bitcoin sales the more expensive, and vice versa. But if I estimate at the end of the year 2017 $8000 perhaps
The more popularity/investors that bitcoin will become/coming the price increases. There is no ending or limit on how this cryptocurrency may worth the question how/when the investors will be stop on collections/HODLing bitcoin is a big question mark. Is it alarming for you, I’m not sure maybe your just confused or used the wrong words to describe what you feel.
The way bitcoin price has been increasing has been alarming lately and I can say that no other currency has the amount of power that bitcoin has, I can remember vividly sometime during January ( I mean early January) bitcoin was only struggling to reach $1k but now come October, the currency is almost nearing $6k ($5600) to be precise, now I want to ask if there is a mark in which bitcoin will stop increasing or is there a mark it can't cross.
What seems to be alarming dude? Before when the price struggles to get $1K, (yes, I've seen it) the demand is not that great, no personalities talking about crypto and bitcoin in general. Pass forward to today, the market grows exponentially, many people are now aware of bitcoin, and we have someone from Wall Street attacking it. To answer, there's no mark that bitcoin will stop as long as there is a demand for it. Simply as that.
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