Topic: When will its price start being stabilized? - page 7. (Read 979 times)

Actually you have answered yourself through your last paragraph, bitcoin price dont have a bridge in future because it's doesn't have a self control or a particular point that everyone will look upto as a final destination of increment, but from my perspective i only understand that cryptocurrency price keep on accelerating base on the turn of people who adventure into it, and come again it's not under control of anyone.

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.

inevitable. the price would get through all time high multiple times ...
just the matter of time , a sure thing about bitcoin is that fixed supply and more demand as time goes by.
$100k > $200k and so on, as long as internet exist.

just cant imagine if such thing got disappeared tho , nobody can answer in case crypto inaccessible through internet. any alternatives? you tell me.

I don't think that it will ever stabilize as long as people are demanding Bitcoin. The more demand increases, the higher the price in the end. Let's say that demand is stabilized at some level, then FUDs will have an important role here. If we see new FUDs then, this time the price will start falling down and we will not ever see its being stabilized for a long time. In short, it is really hard to see the price being stabilized as the volatility is in its nature.

It will keep growing until demand ends. A simple metric is that it can grow as low as it can fall. If the price went from 40k to 20k, then you can imagine that difference can be added to it -- it can grow up to 60 in a similar time frame.

With an idealist view, you get a much larger number. Higher bitcoin prices require bigger players to buy in, including countries and states. There are relatively few countries who have bought in with the GDPs that match valuations of medium-sized companies. What countries can't agree on easily is trusting other countries, otherwise they would assimilate. Monetary policy is how they differentiate themselves. When larger and larger countries and companies FOMO, then the price will go up.

Bitcoin is the only trustless protocol out there with any substantial value. There may be other alt coins that have 'better tech', but fully globalized on chain solutions to every individual transaction in the world is a stupid idea.  It will not be used on chain for your day to day transactions. What bitcoin brings is public accountability, and that is not only invaluable, but wanted by most people. It is a global and decentralized currency.

Personally, I think bitcoin will eat the world's monetary supply, so will go up many multiples more. It will stabilize after it has reached around that point.

We can’t really tell, but I feel that for as long as the supply continues the price will continue to increase in value as well. I think when we are going to be talking about this is when we reach the max supply, then we start talking about what happens, whether the price will continue to increase in value. Maybe when we reach that stage, the price will become more stable than what we are seeing now. It will fluctuate but not like it is doing now, the fluctuation in price will be less than what we are seeing now, it will be like a stable asset or currency.

The more demand, the higher the price. There will be less and less Bitcoin being mined due to the limited supply. Bitcoin indeed will not be stable like gold, because Bitcoin has a high volatility that will continue to move. Bitcoin price fluctuations are also higher than other assets. This is what traders use to make a profit.
to do the analysis is easy and difficult, but will not be completely accurate.

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

Great to see the answers from legendary reputed members for my questions, reading all the comments really it cannot be predicted every one has different opinions but no one is sure on what is going to happen. One thing is for sure we all will keep sticking with bitcoin always.

Take note that as time goes by, more and more Bitcoin would be lost forever and if you consider that, then Bitcoins price is unpredictable at all. There's a possibility that someday, there's only 1,000,000 Bitcoin left in circulation in the whole world. If that happens, could you imagine the price that we are going get at that time? It's pretty unimaginable for me.

There's no maximum. Everything that has value cannot have a max. Bitcoin can reach any amount at anytime. And there is no specific time for that, the market just does it's thing. Also, there's no stabilizing in Bitcoin price. Bitcoin is volatile and that is so forever more. The code has been written and the coin has so many holders, volatility will always be there.

bitcoin will stop rising when it no longer exists or the world no longer exists You certainly know that in the economic system, when people are interested and believe something is valuable, it will continue to go up and down according to demand and bitcoin is like that so it's impossible to be stable

Bitcoin for me has no max potential here mate, the capabilities of it is infinite as this moment. Per observations based on my experiences from the past, btc never stabilized within a long period of time. Maybe few hours of staying into minimal fluctuations but volatility still continue to exist. Meanwhile, many traders and analytical experts said btc this year would reach $100k, and I think that's really possible to happen but it can't be accurate due to unpredictability.

I think Bitcoin is far into being familiar with people, but regardless there is still more grounds it can cover, I don't know how far into the future it would take to make it up, so I think the price would still be expected to increase, maybe when everything balanced -21 million Bitcoin already in circulation- and Bitcoin touching almost everywhere and bans on it has been lifted, I think it would not be seen as an investment then as much as it is seen now, I think it would be truly an exciting time, especially for countries that are being molested my poor governments.

Seriously I believe that will be very hard to predict but I know the price is still very low now so don't allow the opportunity to pass you I think this is still the right time for you to buy because bitcoin will never disappoint us bitcoin is going to suprise lot's of people in the future but seriously I can't predict d price currently.

It is nearly impossible to predict the top price that Bitcoin can reach in the future. Maybe it will be $500k, maybe $1m or maybe a much higher level than that. As Bitcoin has a limited supply, it is not too hard for Bitcoin price to reach incredible levels compared to even the all-time-high price. There is no limit to stop for it. As long as the demand exists and increases, Bitcoin price will also continue to increase.

I think a maximum Bitcoin can worth close to 1m dollars ,
that's is when all country accepted Bitcoin and all people invest with their maximum potential but Bitcoin can't never be stabilize because there are still leechers that are waiting for that moment to sell or maybe there are non leechers that will also sell only to make profits .
 right now it is important to keep investing and holding in Bitcoin because we haven't reached that point yet  .

It's not hard only to predict Bitcoin also quite impossible. Because who imagined back 10 years that Bitcoin would hit $60K+? If it's possible to predict then most likely small investors like us won't touch even a unit of Bitcoin. All whales are supposed to accumulate all. Here is the Bitcoin game start. We can't say when it will stabilize or never stabilize. We can't expect high volatility assets like Bitcoin will be stable anyway.

I don't know how long we should hold Bitcoin. But I just hold till I get some profit and when I need to liquid money. Everyone has different think and predictions, so the outcome will be different as well from Bitcoin. So don't wait to stabilize Bitcoin, accumulate as much you can and wait for the opportunity to getting advantage of volatility. That would be nice if you can make some money from volatility rather than wait for a very high price.

Price being not stable = the essence of bitcoin? Bitcoin doesn't need to be overly-volatile to be a good asset. Even if it could just be giving us 20% annually in average, it's still one hell of an asset(not to mention decentralized and self-custody) even if those levels of increase wouldn't be attractive to the get-rich-quick kinds of "investors".

if you ask when the price of bitcoin starts to stabilize, of course I will not be able to find answers to the questions that have been asked, because bitcoin is not the same as gold, if gold can be said to be stable, even if there is a price increase it may not be too high,, different from bitcoin , the more demand the price will likely continue to be high, so it's hard to predict..