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Topic: When will its price start being stabilized? - page 6. (Read 979 times)

legendary
Activity: 2282
Merit: 3014
September 01, 2021, 08:58:20 AM
#65
As you said it's impossible to know exactly where bitcoin is heading and these things take time.  The age old adage, "Rome wasn't built in a day" I think very much applies to not only bitcoin but to cryptocurrency as a whole.  I personally think that we are already starting to see a bit of price stabilization.  If you were around since even say 2014 when I discovered bitcoin, you would have known the feeling of much more wild price swings.  Right now feels extremely stable compared to where we just were.  This is going to take some time.
hero member
Activity: 1904
Merit: 510
September 01, 2021, 08:51:22 AM
#64
if you ask when the bitcoin price starts to stabilize, according to my analysis everyone on this forum, for now it will most likely answer no one will know, because the price of bitcoin from the past until now, nothing has ever been stable, and even the future will continue like that, because that's how bitcoin goes from time to time, that's why many people invest in bitcoin, maybe for that reason..
full member
Activity: 452
Merit: 101
September 01, 2021, 08:29:13 AM
#63
No one know. Bitcoin maximum amount is limited so theoretically it will not happen. For now I think the maximum potential price is unlimited. But one thing that we can expect is the volatility. When bitcoin is spread evenly the volatility of bitcoin will be not as extreme as now. But the price will always tend to rise. The main factor that make bitcoin price unstable is because most of bitcoin users are trader so panic selling and panic buying will frequently happen.
hero member
Activity: 2030
Merit: 402
September 01, 2021, 06:32:03 AM
#62
I don't think that there is any highest level for Bitcoin price. Its future is wide open I think. And it is dependent on the demand from people. As long as the demand increases, Bitcoin price will always continue to increase also. Maybe it will reach million dollars or maybe even one billion dollar, who knows. But if the demand starts going down to zero, then the price will stabilize first and then start decreasing sharply.
sr. member
Activity: 2338
Merit: 365
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.
bitcoin volatility is eternal...

bitcoin is a decentralized asset and it will not be possible to have a stable price. the price of bitcoin in the future will never be predictable, we just have to continue to believe that Bitcoin is no longer possible to be worth 'zero'
legendary
Activity: 3318
Merit: 1247
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I hope it never stabilizes in a good way of the word meaning.I say so because when the Bitcoin price will stabilize then the people will not be as curious and as interested as they are about Bitcoin right now when Bitcoin price is characterized by a lot of volatility.The fact that Bitcoin price has reached prices like 60.000 dollars and then it has gone down and then up again has made a lot of people at least curious about it.Curiosity is one strong weapon for something like Bitcoin to win more and more worldly market share,so let's hope the price stays both ways and of course let's hope to reach that 100.000 dollars for Christmas.It would be the most perfect Christmas gift for me.
sr. member
Activity: 1750
Merit: 293
If you mean when the price will stop increasing or decreasing for some time, then it is stabilized these days actually. Because it has a big difficulty in breaking the $50k resistance level. But if you mean a more comprehensive meaning for stabilisation, then it is not very likely to see I think. I rarely witnessed Bitcoin price being stabilized for so many months. Volatility is in its nature.
full member
Activity: 625
Merit: 100
Bitcoin has a maximum total supply, which when completely mined will be it will increasingly make the price of Bitcoin so expensive as it's supply will become less than it's demand. This is the reason why Bitcoin is termed a store of value or an asset. The price of Bitcoin will be very high as it draws near it's total supply, and this being known by investors, they are pushing in hard to have some parts of it. In terms of how much it will become in the future, that no one knows, and whatever is said now is on prediction or forecast of somewhat. The demand for Bitcoin has risen over the years, and as time goes on, the demand will keeps increasing as new and more investors are taking part in the system.
sr. member
Activity: 1190
Merit: 250
Bitcoin volatility will never end, which is the true nature of deflationary decentralized systems.  While regulated portfolios can bind it over time like an ETF to ensure a different level of volatility is accepted, it will not require bitcoin to be stable.  The value of bitcoin is freely accepted from the investment user base, it will not be controlled at any price in order to achieve stability

Right, if the price of bitcoin is stable then it will not make investors interested in investing in bitcoin, the thing that makes bitcoin very attractive is because of price fluctuations that can go up or down 10% in a day, and this provides an opportunity to get big profits or buy at a cheaper price .
hero member
Activity: 2170
Merit: 503
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But my question is how much maximum a bitcoin can worth and when ??
we don't know what the price limit for bitcoin is, some say it could be as high as $500k, or even higher, depending on supply and adoption rate and we certainly don't know when it can be reached. we can only guess and speculate about it.
What is its max potential and when its price would stop increasing??
there is no maximum potential from bitcoin, the more adoption, the higher the potential, and vice versa. the price of bitcoin will stop growing when no one else uses bitcoin, and given the current state of affairs, that seems impossible.
full member
Activity: 333
Merit: 105
www.cd3d.app
We don't need price stabilization. We need sharp price rises and falls to earn enough.
I myself do not want price stabilization. Because when the price of bitcoin is stabilized, the price of all other coins will be stabilized. Then the crypto market will come to a standstill.
If the sharp price rises and falls, two things can happen. Either too much profit or too much loss.  Should be ready for both.
legendary
Activity: 2674
Merit: 1226
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Bitcoin's price stability i think might be so unpredictable knowing the demand for bitcoin keeps on growing so eventually, its price will also keep increasing. I don't even think we can see stability in the near future because of its high volatility, the price will only have its bulls and bears.

With the recent ATH at $64k, bitcoin is set to reach another ATH maybe before this year ends but as long as bitcoin keeps moving upward, predicting as to what price will its last ATH will never be easy. So just enjoy the ride and keep on striking while the iron is hot.

It doesn't just depend on demand, it will also depend on utility. I think if suddenly real Bitcoin users as opposed to pure holders and speculators, dropped or people moved elsewhere, then demand alone won't drive price up.

I don't see it happening for sure, the last chance it had was during the chain splits years ago and people proved they still preferred BTC's security.
sr. member
Activity: 750
Merit: 258
No one can answer precisely your question because bitcoin price is influenced by different entities such as individual investors, firms, institutions and even billionaires. When there are many people participating in buying and selling, they create market, where we see the price of bitcoin rise and drop. Now, everything is depended on the supply and demand theory. The more people need bitcoin, the higher the price bitcoin will be and right now, I see no sign of selling bitcoin, only people who keep buying and storing bitcoin
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
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.

of course we all don't know how much bitcoin will cost for the next few years, and after bitcoin is mined what will happen after that we also don't know, what we know for sure is how we invest bitcoin and get a profit from that investment

Yes, we do not know for sure. The price can increase so high, especially if many countries finally, accepting bitcoin as a payment system and the government allows people to use bitcoin to buy something in a local store. It could happen in the next 10-20-30 years later, but we do not accurately predict time.

Maybe after 1 satoshi can be the same as $1, the price will stop increasing Grin
newbie
Activity: 15
Merit: 0
No one will tell you an accurate prediction. I think that the real price can go up to a million, but in that case a lot of important things have to be observed.
full member
Activity: 434
Merit: 101
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.

of course we all don't know how much bitcoin will cost for the next few years, and after bitcoin is mined what will happen after that we also don't know, what we know for sure is how we invest bitcoin and get a profit from that investment
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
But my question is how much maximum a bitcoin can worth and when ??

supply and demand, if you analyze that there are only a few bitcoins and that there are still thousands of people who have not bought bitcoin and that there are hundreds of rich people who have not bought bitcoin then you can imagine that the price of bitcoin could be much higher in future

What is its max potential and when its price would stop increasing??

the price won't stop going up and of course it won't stop going down either, as I told you that everything depends on supply and demand
member
Activity: 1358
Merit: 81
There are many predictions about the price of bitcoin. How about this prediction?  Smiley

Quote
#bitcoin stock-to-flow model predicts $ 100K by Christmas, time model (diminishing returns, lengthening cycles) $ 30K. Next months will be key. Note that color overlay is on-chain signal (not time to halving), indicating we are between bottom (blue) and top (red), in line with S2F.

https://twitter.com/100trillionUSD/status/1431149110237831169?s=19

Whatever the most accurate prediction, I will hodl bitcoin for as long as it takes, because it is the beginning of this whole money revolution.
Bitcoin is in position number 9 in the capital market in the world. Why not be part of it?
hero member
Activity: 3038
Merit: 634
There's no way to know how much bitcoin would be until it becomes stable and there's not that much fluctuation anymore. I think that its nature of volatility will never be removed from it. Even it reaches the peak that we can expect, there's no way that we'll get to see it stable a little by little by that time.

Because as the usual, we see it at the peak and then later, the dump will come and so on and so forth. So to know how much it would be for it to become is really unknown whether it reaches a million bucks, still nobody can say if it will be stable by that time.
hero member
Activity: 2072
Merit: 656
royalstarscasino.com
The limited supply, the supply, and demand, also the news that is supporting or even FUD influencing will really determine the price of Bitcoin.
This is not controlled by such kind of regulated management. So, we cannot control the price.
And the volatility of Bitcoin is one of the things why Bitcoin is valuable and also interesting.
There have been stablecoins that are stable, so no need for Bitcoin to be stable  Cheesy

-snip-
No one can predict it accurately.
Every prediction about Bitcoin price will be at a certain period. ANd the prediction may be also changing due to the condition of the price at that time.
So, what you have said also, "nothing can be predicted" is exactly the truth and correctly
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