Bitcoin will be stable in 2020 - page 8.

bitcoinboy12

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Quote from: haileysantos95 on April 11, 2016, 09:21:56 AM

Quote from: Hashminers on April 11, 2016, 04:53:24 AM

I don't know it is far to early to predict6 the price for 2020. We have to focus on what is happening right now and worry about 2020 later. Their will be a period that the price will be stable in 2020.

Yeah for sure the price of bitcoin will be stable by the year 2020 and price will just play around a certain price and wont be going out to have a large amount.

This is actually very probable. Bitcoin has been progressing really fast the past couple of months. New merchants and big players in the market are taking Bitcoin more seriously. At this rate, in 4years time, Bitcoin will be more renowned and would be more available and widely accepted in the world. So I guess 2020 sounds like a very probable projection.

pooya87

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it most probably will be stable by that time. it would be a disappointment for bitcoin "as a currency" to still be highly volatile in 2020. and i think if the adoption rate continues to be good and the big services get on board with bitcoin revolution then we might be seeing a high stable price.

haileysantos95

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Quote from: Hashminers on April 11, 2016, 04:53:24 AM

I don't know it is far to early to predict6 the price for 2020. We have to focus on what is happening right now and worry about 2020 later. Their will be a period that the price will be stable in 2020.

Yeah for sure the price of bitcoin will be stable by the year 2020 and price will just play around a certain price and wont be going out to have a large amount.

Hashminers

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I don't know it is far to early to predict6 the price for 2020. We have to focus on what is happening right now and worry about 2020 later. Their will be a period that the price will be stable in 2020.

DavidoAlto

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Quote from: quadriple7 on April 07, 2016, 01:18:47 PM

Quote from: vlamer on January 17, 2016, 04:18:55 PM

Really Bitcoin market will stabilize in 2020 ?
Is it because the reward is only 6.25 BTC/block?

i am almost 100% sure that bitcoin won't be stable at 2020, and main reason is bitcoins traders, and another halving of course, i don't think that traders will stop buying selling them so price will change anyway, and halving will change price too, but stable bitcoin would have nice things too, like attracting more users

The hard thing is that nobody will know what the value will be in 2020, there are also people that is saying that the value of Bitcoin will be high in 2020 the chance is really low.

The chance is low because the value is not even rising now and it wont also rise after the halving so that is already bad for Bitcoin, but we have to wait and see for what will happen.

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Quote from: BTCLovingDude on April 08, 2016, 08:19:38 AM

i think this is a safe speculation to make that by 2020 (in four more years) bitcoin has reached the mass adoption phase and so as the result the price of bitcoin stops being so volatile and be more stable.

Bitcoin needs long time to reach very mass adoption. This would happen continuously when at least 5% people start using bitcoin. I think volatility and stability depends a small on the mass adoption rather than market situation.

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Quote from: romero121 on April 08, 2016, 10:49:24 AM

Quote from: peta4e on April 04, 2016, 11:38:00 AM

If we see mass adoption then there are chances that bitcoin can be stable or else it difficult to see that bicoin can get stable as market cap of bitcoin is too small at a moment.

That's not true, mass adoption is not gonna make the price stable. Only based on the technology and speculations we can experience a stable value. Currently the price is stable for a long time which will expected to reach $450 within weeks.

Mass adoption can make the price higher and stable. It will be just like a currency like US dollar, which is very stable.

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Quote from: peta4e on April 04, 2016, 11:38:00 AM

If we see mass adoption then there are chances that bitcoin can be stable or else it difficult to see that bicoin can get stable as market cap of bitcoin is too small at a moment.

That's not true, mass adoption is not gonna make the price stable. Only based on the technology and speculations we can experience a stable value. Currently the price is stable for a long time which will expected to reach $450 within weeks.

BTCLovingDude

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i think this is a safe speculation to make that by 2020 (in four more years) bitcoin has reached the mass adoption phase and so as the result the price of bitcoin stops being so volatile and be more stable.

magemist

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Having bitcoin at a stable price seems to be happening now but it is not a desired price for many. First have it increase 5x then have it become stable. Grin

parmatiya

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Quote from: JeanMcCoy on April 08, 2016, 03:52:55 AM

the value is now stable around this time, and you never know what will happen after some 4 years and that is hard to predict because Bitcoin is a currency so you never know what the value will be.
I think that the value in 2020 is rising and that many people is using it in the future and that is nice.

I think the bitcoin price could double every year for the next 10 years if there is no big pump and dump.

JeanMcCoy

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the value is now stable around this time, and you never know what will happen after some 4 years and that is hard to predict because Bitcoin is a currency so you never know what the value will be.
I think that the value in 2020 is rising and that many people is using it in the future and that is nice.

quadriple7

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Quote from: vlamer on January 17, 2016, 04:18:55 PM

Really Bitcoin market will stabilize in 2020 ?
Is it because the reward is only 6.25 BTC/block?

i am almost 100% sure that bitcoin won't be stable at 2020, and main reason is bitcoins traders, and another halving of course, i don't think that traders will stop buying selling them so price will change anyway, and halving will change price too, but stable bitcoin would have nice things too, like attracting more users

Farma

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it is still long, but maybe bitcoin prices could stabilize in 2020, but the possibility is still 45%. as we all know now that the price of bitcoin is very difficult to guess, sometimes even down far enough, but now the price is stable and rising slowly. I think in 2020 the price of bitcoin has been very stable.

anders lokka

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in 2020 is a little too far eh?

BitHodler

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Bitcoin will remain volatile probably for another 10 years as we are still in the early stage.

Stability will only come when very wealthy traders start joining Bitcoin as they bring in money that we so much need.

As long as that doesn't happen, the current Bitcoin whales will still be the boss over the entire market.

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Quote from: torrentheaven on April 07, 2016, 09:45:08 AM

Its really difficult to imagine that bitcoin can be stable in future, as for price stability we need huge market cap which is missing in bitcoin at a moment and don't what would be the scenario around 2020.

i think it is very possible that bitcoin will be more stable in the future. maybe by the year 2020 or maybe 1-2 years more.
the more users start using bitcoin the less volatile the price can get because the market becomes bigger

torrentheaven

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Its really difficult to imagine that bitcoin can be stable in future, as for price stability we need huge market cap which is missing in bitcoin at a moment and don't what would be the scenario around 2020.

LMGTFY

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Quote from: parmatiya on April 07, 2016, 08:00:45 AM

If the daily price fluctuaition is less than 3% and the price just rise 5% a month, then I could say the price is stable.

What is the daily fluctuation?

I worked out the average weekly change a while back, from the raw data at Bitcoincharts. The average weekly change between 2010 and December 2015 was 2.75%. Obviously that pushes the average monthly change beyond 5%, though.

parmatiya

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If the daily price fluctuaition is less than 3% and the price just rise 5% a month, then I could say the price is stable.

Topic: Bitcoin will be stable in 2020 - page 8. (Read 9562 times)