When will its price start being stabilized? - page 2.

Sanugarid

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Quote from: Lordshiva on August 27, 2021, 12:29:44 AM

We all keep listening reading every where hold bitcoin as it will keep growing in future as well.

But my question is how much maximum a bitcoin can worth and when ??
What is its max potential and when its price would stop increasing??

I know nothing can be predicted but I just want to hear your views about it.

It depends on the demand for BTC which is directly proportional to its price so when the number of people who're willing to buy BTC as an asset will result in a relative increase in its market price. So when the number of people who're no longer interested in investing in BTC increases, then it will cease to grow which is unlikely to happen now.

A BLackPearl

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Its price should not be stable in recent years, may be more than ten years or decades. Some people continue to sell. The price will also float with the market impact.
After the daily payment is paid by the Bitcoin, the fluctuations of Bitcoin are not big.

Zilon

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The truth remains bitcoin will never get a stable price as long as it remains decentralized. Reasons be that the price of bitcoin isn't determined by reserved coin unlike fiat currency whose price is determined by backup reserve and market price action determined by controlling authorities. For bitcoin no authority controls the ledger the last investor determines the price in other words the highest bidder. Bitcoin price moves like gold but in a more decentralized manner

v3liana

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Quote from: blckhawk on September 15, 2021, 06:23:53 AM

just like normal money, bitcoin will never stabilize its price. the price of bitcoin will change depending on the supply and demand on the market and also how bitcoin is used within the market. so if the whalers starts to sell all their bitcoin then the price of bitcoin will surely go down and when the whalers stockpile on bitcoin then the price of bitcoin will increase due to the demand on it and the limitation of the supply.

In my opinion price depends on two things. Supply and demand. Supply is relatively well known, but demand is continuing to grow as more individuals and institutions take the plunge. That keeps an upward pressure on the price, and traders ensure that the upwards journey isn't a straight line.

At some point demand will cease to increase at the current rate, as everyone who wants in is in. At that point the price will start stabilising.

Vaculin

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Quote from: adzino on September 15, 2021, 05:35:31 PM

The price won't stabilize any time soon. If you are looking for a stable priced crypto currencies, then try those stable coins. You see the amount of bitcoin is limited. But the demand keeps on rising and falling. Hence, the price goes up an down along with the demand of bitcoin. Bitcoin will never have a stable price. What we might get eventually is a "less volatile" price. The more the people starts using bitcoin, the more its spread among people, the less volatile it will become eventually.

Even most of us like to become stable but I never think there is a chance due to its volatility. That is why I'd stop thinking that thing but rather accept the reality and besides, being volatile gives us the reason why we gain more (and to lose more). But for those who certainly don't understand the situation will likely get worried and lose their interest to invest.

Even though that was really the market it looks like, there is one way to make it help and to keep control of our emotions like not being panic selling or buying, it could affect the price movement to a less volatile.

adzino

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The price won't stabilize any time soon. If you are looking for a stable priced crypto currencies, then try those stable coins. You see the amount of bitcoin is limited. But the demand keeps on rising and falling. Hence, the price goes up an down along with the demand of bitcoin. Bitcoin will never have a stable price. What we might get eventually is a "less volatile" price. The more the people starts using bitcoin, the more its spread among people, the less volatile it will become eventually.

zanezane

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We don't know and I don't think it's for the better if the prices stabilized, if it does then not everyone can easily invest since the prices aren't as volatile and not everyone can easily sell since they can't easily get in.

AicecreaME

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Quote from: Lordshiva on August 27, 2021, 12:29:44 AM

We all keep listening reading every where hold bitcoin as it will keep growing in future as well.

But my question is how much maximum a bitcoin can worth and when ??
What is its max potential and when its price would stop increasing??

I know nothing can be predicted but I just want to hear your views about it.

No one is ever certain when will bitcoin's price value hit its maximum position. There's no specific time frame on when it will reach its peak. The people can only do technical analysis and predict some of its price movement in the following days, weeks, months, or even years, but there's no guarantee that their prediction will all come true. There are external factors that we have to consider in watching the market trend. A lot of factors play a big role that disrupts the flow of the market. For instance, when the whale moves, the market moves big time as well. And we don't have power over those things because those are already beyond our control. The selling and buying mechanism of whales have a great effect on the market, the news report in legality and banning of bitcoin plays a big factor too, so is the influence of famous personalities whenever they say something about bitcoin that either creates hype or fud. We can just hope for the best and trust whatever bitcoin has to offer. In addition, we can also utilize the opportunity of up and down trend of its price currently to cash out when we need funds in cold cash or buy in low position to add more coins in our assets.

blckhawk

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just like normal money, bitcoin will never stabilize its price. the price of bitcoin will change depending on the supply and demand on the market and also how bitcoin is used within the market. so if the whalers starts to sell all their bitcoin then the price of bitcoin will surely go down and when the whalers stockpile on bitcoin then the price of bitcoin will increase due to the demand on it and the limitation of the supply.

ShowOff

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Quote from: dimox on September 11, 2021, 02:46:23 AM

i think, people wont know wherr the price stop, none know when it happen and start stable, big chance for crypto price never be stop shaking, and no hope for the price will stable. when its come, people wont use crypto as an asset, it just like finished product.
what people can try is saying what number and hope if in another day, thr price reach that.

Bitcoin has no price at the time of its release. Its use as a mean of payment "currency" with all its advantage has caused supply and demand to increase and that is what makes bitcoin so valuable. Nobody will ever know what the maximum price of bitcoin will be in the future because it is not an asset that can be controlled. No one can set a maximum price limit that makes bitcoin an asset that will never be stable. If bitcoin adoption grows as a mean of payment in 50% to 70% of countries in the world, then I think bitcoin will be more stable than it is now. But I don't think bitcoin will turn out to be a stable asset in the future even if adoption become clearer, fluctuations will persist throughout its history.

EdenHazard

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Quote from: asus09 on September 12, 2021, 11:25:59 AM

Today bitcoin almost break $46,000 but always failed with many investor and big whale sell bitcoin or short position on future trading, maybe waiting until weekend ended to see bitcoin can break out and back above $50,000 or not. Many time faced problem with bitcoin dump almost two week but when raise up need almost one month to raise most higher price.

Failed attempt to break the resistance doesnt always sign of the downfall ...

many of us failed to predict bitcoin price back in march 2020 where bitcoin hit really hard down to 3k but then bounced back even more crazy to 60k in few months only , i would say $200k or even $500k is something we could achieve in early 2022 but still ... nothing is really sure.
i still wish to get bitcoin in cheaper value though, everyone dreaming about it now.

kenskie

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No one can predict the highest limit price of bitcoin, I think it will continuously grow. Check this post 3 years later Cheesy

asus09

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Today bitcoin almost break $46,000 but always failed with many investor and big whale sell bitcoin or short position on future trading, maybe waiting until weekend ended to see bitcoin can break out and back above $50,000 or not. Many time faced problem with bitcoin dump almost two week but when raise up need almost one month to raise most higher price.

BobK71

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As bitcoin is more volatile crypto currency so the price of Bitcoin cannot be predicted. Similarly, it is not possible to say when it will be fixed. Here basically it is depend on investors tendency. If they buy more at that time market will be better it rises sharply simultaneously falls again when it sells panic, influenced by various news. However, it is not possible to say or predict when it will be fixed.

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Quote from: nhaila on September 11, 2021, 03:50:03 PM

It is not possible to say for sure when the bitcoin market will stabilize. However, many people think that the bitcoin market can never be kept stable. This market always fluctuates over time. So it is never possible to make the bitcoin market stand in a stable environment even after thousands of attempts.

It is really hard to think but we have nothing to do with this. As the market remains uncontrollable, we can't expect such a market trend. This is the adoption moves slowly and the business owners are still doubtful with their acceptance. Whether we like it or not, this remains unstable and it remains as an investment, not a currency where people had to use buying goods.
But in the way the market looks like the more it gains attention and interest for the investors which somewhat becomes the reason for its growth and I think we don't need to changes this.

chanler

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Basically, it is not easy to determine when the time for bitcoin will reach its peak because we know that the price of bitcoin can fluctuate and be unstable. but as long as bitcoin is good i think bitcoin will last a long time and its price will also go up. for sure there are several factors that can make bitcoin survive and have a high price. so I think from now on take advantage of bitcoin as best as possible so that you can get a profit in the future.

TimeTeller

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Quote from: Botnake on September 11, 2021, 05:25:27 PM

Quote from: TelolettOm on September 11, 2021, 04:55:18 PM

Because Bitcoin will never be stable.
There will be a cycle where Bitcoin will experience a dump and pump period of the prices.
However, for as long as time, we have already known that Bitcoin price will be always increasing, multiple times, after 5 years.
When the bullish era comes, the new ATH will be always created. It happens so far. And how is Bitcoin being stable? I think it may not be as interesting as now. Moreover, holder will have expectation that Bitcoin will be always worthier and worthier the future

Predicting the price of bitcoin is never easy because of its high volatility so some days will be bullish while some are bearish. But never to the point of making its price stabilized and stop at its maximum price. Holders will always believe that its price will keep surging and even if price corrections hit it, it will always recover and rise up again. This is what the holders keep them from holding their bitcoin.

And even predicting how far bitcoin price will be remains to be uncertain. No one knows actually. The only thing that is certain is it will still live a couple of decades before it will lost its value and slowly deteriorating.

Stability of price is the common reason why most merchants or shops don't want to include bitcoin as part of their payment methods.
As they are still grasping on how they can tackle this concern, they are just checking other merchants how it can possibly improve or affect their businesses.
And for the reason that no one can give you precise prediction, we all are just depending on the market movement as it comes.

Botnake

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Quote from: TelolettOm on September 11, 2021, 04:55:18 PM

Because Bitcoin will never be stable.
There will be a cycle where Bitcoin will experience a dump and pump period of the prices.
However, for as long as time, we have already known that Bitcoin price will be always increasing, multiple times, after 5 years.
When the bullish era comes, the new ATH will be always created. It happens so far. And how is Bitcoin being stable? I think it may not be as interesting as now. Moreover, holder will have expectation that Bitcoin will be always worthier and worthier the future

Predicting the price of bitcoin is never easy because of its high volatility so some days will be bullish while some are bearish. But never to the point of making its price stabilized and stop at its maximum price. Holders will always believe that its price will keep surging and even if price corrections hit it, it will always recover and rise up again. This is what the holders keep them from holding their bitcoin.

And even predicting how far bitcoin price will be remains to be uncertain. No one knows actually. The only thing that is certain is it will still live a couple of decades before it will lost its value and slowly deteriorating.

TelolettOm

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Because Bitcoin will never be stable.
There will be a cycle where Bitcoin will experience a dump and pump period of the prices.
However, for as long as time, we have already known that Bitcoin price will be always increasing, multiple times, after 5 years.
When the bullish era comes, the new ATH will be always created. It happens so far. And how is Bitcoin being stable? I think it may not be as interesting as now. Moreover, holder will have expectation that Bitcoin will be always worthier and worthier the future

Blowon

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Bitcoin has started to stabilize someday. In addition to bitcoin, followed by several altcoins that rose by a high, such as SOL, sfund, some bep20 tokens. It seems like this moment is perfect for taking short-term profits. Because it looks like the market will try to change the trend to bullish.

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