Will the price be stable? - page 41.

Xxmodded

sr. member

Activity: 2296

Merit: 315

SOL.BIOKRIPT.COM

Quote from: kjnfmplm on February 21, 2018, 06:44:56 AM

I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.

What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?

may increase in value. because however the amount of bitcoin supply is very limited. in addition, bitcoin will still be used by all crypto holders to invest or trade.

cryptojohn9

newbie

Activity: 168

Merit: 0

I think for now it will be stable, also we can see now the growth and the comeback of bitcoin, the price of bitcoin now is slowly increasing and that will be a good news to us.

GalenResty44

newbie

Activity: 112

Merit: 0

Bitcoin is very unpredictable. It is volatile. Its price changes from time to time. Rapidly. Bitcoin price tends to fluctuate. So bitcoin price being stable may never be possible.

bigdude

hero member

Activity: 896

Merit: 500

Dolphins Finance TRUSTED FINANCE

I love the stable market like currently.
The value of bitcoin and altcoin was bubble in end few month of 2017.
But this is small market it's easy to control by some mafia, whale who can easy make it price up or down to make money. Then in my opinion the price will never stable

denzkilim

full member

Activity: 1218

Merit: 105

Quote from: MNtrio on February 23, 2018, 01:01:48 PM

Quote from: kjnfmplm on February 21, 2018, 06:44:56 AM

I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.

What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?

I don't think that can be stable because it's crypto currency anyway and no one can know when it can be stable price. Just my own analyze that what if they use this system in crypto currency that if we hold more token each people who do bitcoin so the value will go low, if we handle a little on it so the value will go high. This is my own analyze just few days ago like in the supply of our food that's they change the demand depends on supply they have so it's possible if they do like that also.

Correct, Bitcoin or any kind of Crypto currencies will never be stable because the market is very volatile on this kind of assets and the price or value of it can easily crash anytime. We all know that bitcoin is decentralized which means no one controls it and no government can control its price except the decision of majority of the people who hodls it if they want to make the price rocket high or make the price go down. But who knows crypto currencies are unpredictable may in the future the price would be stable or continue its volatile nature. Cool

Opnsrc

hero member

Activity: 1064

Merit: 500

Quote from: kjnfmplm on February 21, 2018, 06:44:56 AM

I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.

What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?

When the biggest part of world population will become an owners of Bitcoins then we will see that the price is stabilized. As you understand this a matter of future. It will not be soon as we all see.

ivakar

hero member

Activity: 756

Merit: 507

It will never be stable, to be sure of it just check the history of the price for btc from 2009 till now, it is fluctuating rapidly all the time.. and not bitcoin only, this is the nature of all crypto coins

darkangel11

legendary

Activity: 2296

Merit: 1335

Don't let others control your BTC -> self custody

Quote from: 24core on February 23, 2018, 09:31:04 PM

I personally think Bitcoin follows supply and demand. The more we use and trust Bitcoin the higher the value will be.

That has nothing to do with the question asked in the thread. The value can be $1000 or 1 million and the volatility remain the same in percentages, making it swing by 20% from time to time.
I agree that it follows supply and demand, this is obvious, but for the price to stabilize both of these would have to be in equilibrium. This could only happen in a virtual world where there's no wars, no bankruptcies, no scams and thefts, no whales trying to play the market, and so on. Supply and demand will keep changing with the surrounding world, people's mood swings, new upgrades being developed (or not)...

cepedacharles29

full member

Activity: 168

Merit: 101

I don't think any crypto currency will ever be stable eventhough all of it were mined. Fluctuation will always be around and stability will just be a daydream. Although the supply of bitcoin somehow affects its value, but it is not the only factor that can affect bitcoin's value but also the demand of the said coin.

jamiebear

newbie

Activity: 126

Merit: 0

If all Bitcoins were mined, it should become more valuable over time as the number of Bitcoins entering the system decreases. Not only is the total supply of Bitcoins capped at 21 million, but the flow of new Bitcoins into the market has also been tapering off. Roughly every four years, the number of Bitcoins awarded for mining a block is cut in half.

OcTA Bd

jr. member

Activity: 278

Merit: 2

Join @Bountycloud for the best bounties!

It may. You know the price of Bitcoin is an unstable crypto currency. So no one can predict how the price will be or where it will be stable. But by observing the price of last few days it only can be said that it may be stable.

jundy020

newbie

Activity: 191

Merit: 0

it will not be stable, it will increase and decrease randomly according to us what we doing on our bitcoin and it will not remain constant or stable unless bitcoin is dead

yokai21

jr. member

Activity: 262

Merit: 2

the price of bitcoin is unstable because every minute and every time it moves its price and can be increased and can also be reduced so the buyer can buy when you reboot especially when investing your entry will earn you without doing the job you just do will wait for the bitcoin price to rise too much for you.

madainfamous

jr. member

Activity: 54

Merit: 10

Quote from: kjnfmplm on February 21, 2018, 06:44:56 AM

I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.

What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?

Yes, price dumps and pumps are just part of bitcoin's nature. These fluctuations in value are caused by different factors in the market. From time to time there are a lot of price surges but we all know that bitcoin have a stable market thus we are sure that bitcoins price will become stable after some time. But personally, bitcoin's price for me will never be stable. Due to its volatility, it will experience changes in value frome time to time. As the production of bitcoin stopped, it will probably increase its value as the demand for it increases too.

MD Milon

member

Activity: 406

Merit: 10

I myself opinion is ,price is not stable.every currencies price have ups and down.bitcoin is a digital currency. Some times its price up, some times its price low.its a normal matter.

Zachwolf

newbie

Activity: 121

Merit: 0

Quote from: Sasuke102001 on February 21, 2018, 08:48:09 AM

Yea you read that quite right that the maximum bitcoins that can be mined is 21 million dollars and don't know about how much has been mined yet till now. A limit in supply will increase the demand and also an increase in price. Bitcoin is currently quite stable in recent days but not high in price and hopefully will increase in the coming days.

To be stable in marketing,YES; but nobody knows how long due to many competators and bad rumors of some people.

SyncArden

newbie

Activity: 50

Merit: 0

Quote from: kjnfmplm on February 21, 2018, 06:44:56 AM

I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.

What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?

Some few people own 90%, so if they Hodl, than it will be good

24core

sr. member

Activity: 582

Merit: 250

An Impressive Purely Anonymous Currency.

I personally think Bitcoin follows supply and demand. The more we use and trust Bitcoin the higher the value will be.

pixie85

hero member

Activity: 2184

Merit: 531

Quote from: fulmetal08larz on February 23, 2018, 02:27:47 PM

I personally think that BTC price won't be stable. The people puts value in it and each individual's speculation is different from each other. That is why it is being traded and following the law of supply and demand. Upon reaching the last block, when the people have adopted BTC, surely the price of BTC will breakout due to its revolutionary technology that could possibly become the money of the future.

I think so too. It's a tradable asset much like stocks. Stocks aren't stable so Bitcoin won't be. For such asset to be stable the supply and demand would have to be equal for a long period of time. It's never like that. Supply and demand changes for gold, fuel, even GPUs that you're mining with.

fulmetal08larz

full member

Activity: 476

Merit: 124

I personally think that BTC price won't be stable. The people puts value in it and each individual's speculation is different from each other. That is why it is being traded and following the law of supply and demand. Upon reaching the last block, when the people have adopted BTC, surely the price of BTC will breakout due to its revolutionary technology that could possibly become the money of the future.

Topic: Will the price be stable? - page 41. (Read 3316 times)