Will the price be stable? - page 43.

Gotumoot

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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 think if the very last block were mine I thinks that is the end of bitcoin , it would be still unstable cause many investors and businessman will do a panic sell so either it will go up or down. Some times I hope that there is no end on bitcoin , but my friend said to me that it would be impossible I think it will take years to all the block will be mined by the miners.

surija18

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Nothing is stable in our world)))

yansen

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bitcoin can not be stable. because the base price of bitcoin is fluctuating. is the price change every time. Why ? because bitcoin does not have a benchmark price, or the price is set by the user itself. supply can not be used to determine stable of price.

removebeforeflight

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It depends on the demand, if demand is more the supply of Bitcoins would be increased obviously and there's no slab fixed on it. However the 21 million is not easy to achieve and it would take another 100 years to reach that from now, so our generation and the next two generation need not worry for the slab as of now.

barabut

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Total supply of bitcoin can be 21 million in total. On part of believers think that bitcoin would be the future of currency and others are think that it is a ponzi. Large demand combined with few amount of supply (everyday supply of bitcoin gets harder) address to volatility. There is also have some systematic risks on bitcoin caused by the government declarations, anything can be happen anytime, when the government or group of financial institutions declared positive speech the value of bitcoin increase and the reverse hits the prices.

gokudera

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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 think it is still no, bitcoins' price will not stabilized because of that factor. The one of the major that affecting the price of bitcoin is when the bitcoin have been sell in a higher price then its next price will be high and vice versa.

Butchick

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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.

kirito1614

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As a result of bitcoin's limited supply, there would be no work for excavators other than to depend on exchange expenses so as to keep themselves dynamic and legitimate in the bitcoin advertise. This is likewise a clue for diggers to cause the system charge so high, the request would increment yet soundness might be as regular as a few people dislike to utilize bitcoin because of most astounding exchange expense after augmentation in charge.

loragean03

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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?

even the creator of bitcoin cant answer this concern. because before that the very last bitcoin are totally mined, we are all not in these world. it is funny but it is the true, only time can tell about this, as of now we are facing some issue that can be our future problem. so instead of knowing the event in almost hundred years from now. just focus on how you can earn/gain/invest in bitcoin first. because the future of this bitcoin is in our hand (users)

fuer44

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crypto can't be stable. fluctuations are characteristic of crypto. this is what makes investment in crypto very interesting and challenging, because we can buy when the price really drop, and we can sell when the price goes up to the moon. if the crypto price becomes stable, investing in crypto will not be attractive.

ace9989

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It won't certainly be stable as the current market goes bleeding in red and the continuing higher demands and the scarcity of the supply that's been in the current market. If the supply will be maxed out its value can be stabled but for now, it won't really happen.

Amevalentine

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I think the price will not be stable because every time the market demand will change bitcoin change. will not be stable. may be stable but can not last long

Isaacck

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In view of bitcoin's limited supply, there would be no work for miners other than to depend on exchange charges with a specific end goal to keep themselves dynamic and reasonable in the bitcoin showcase. This is likewise an indication for excavators to cause the system charge so high, the request would increment yet strength might be as common as a few people dislike to utilize bitcoin because of most elevated exchange expense after augmentation in expense

CJPEREZ

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For now i think the price will not stable because of many fake news that spread the people will panic selling

Ris88

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Quote from: laluna24 on February 22, 2018, 06:50:13 PM

Quote from: allycn on February 22, 2018, 06:45:25 PM

I think that once no more mining can be done the demand will be higher, and the price will continue to increase,as trading will be the only way to get bitcoin (unless you have a job that pays in Bitcoin).

The demand is higher so bitcoin cannot be said as stable. Daily market is swing fast or swing low and people has its opportunity to invest in bitcoin. It can be stable if no demand in the market that makes price stock on rate that is expected.

Or it might be to subtract everyone's panic, which will make the price stable, where we can see in the market almost blood-colored ...

Umkar

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Until we can finally say whether the bitcoin stability will improve when all 21 million bitcoins are mined. It seems to me that on the contrary, its volatility after that only increased on the assumption that by that time it will have a high cost and the amplitude of its fluctuations can be very large. We could see this after the last increase in the price of bitcoin to $ 20,000 and its subsequent drop to $ 6,000. If bitcoin costs 200,000, then by analogy, will it drop to $ 60,000? Therefore, for sure, no one can answer this question until we see this in practice.

laluna24

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Quote from: allycn on February 22, 2018, 06:45:25 PM

I think that once no more mining can be done the demand will be higher, and the price will continue to increase,as trading will be the only way to get bitcoin (unless you have a job that pays in Bitcoin).

The demand is higher so bitcoin cannot be said as stable. Daily market is swing fast or swing low and people has its opportunity to invest in bitcoin. It can be stable if no demand in the market that makes price stock on rate that is expected.

allycn

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I think that once no more mining can be done the demand will be higher, and the price will continue to increase,as trading will be the only way to get bitcoin (unless you have a job that pays in Bitcoin).

Aztek

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Quote from: joshua05 on February 21, 2018, 08:02:49 AM

even if we want that bitcoins pricing will be stable, we really cant tend to stop it, sometimes we want higher price or higher value, but as we can see, many would down their investment if it would remain to its natural stability. So its safe to say it would be better if its non stable, just for my own opinion.

Bitcoin price is not going to be stable becasue of its volatile system which is actually a good thing for us who make a living to Bitcoin. If we want to initially earn to Bitcoin we need to accept the reality that Bitcoin price is constantly changing which develop and could give as a chance to earn and to gain profit.

onnz423

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Bitcoin is a deflationary currency, its value will only rise over time due to increased demand, and reduced supply per unit time. This is because freshly minted bitcoins are increasingly difficult to obtain, and certainly are produced at a much slower rate than which the demand increases. Due to the typical features of supply and demand, this leads to an increase in bitcoin value.

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