Will the price be stable? - page 48.

hashshashin

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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?

It will take a long time to create the last block, because the complexity of creating the next block is constantly complicated. I think the price will never be stable.

parassinghal

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No one exactly tell about the price stability but i don't think that the price will ever get stable. It will be changing continuously. Sometime it will fall and sometimes it will increase.

afanase

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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?

It will take 100 years or more from now till that happens. We will not be alive to see if prices are stable or not.

Portia12

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i dont think price will be stable because it is a currency. the price is increasing some time it decrease because the demand and supply is being used.

ivakar

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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 doubt it, instead, I believe the value should be even higher, cause there won't be avail freshly mine bitcoins.
So in the future, once all bitcoins would be ready the price will go sky high, that what I think.
It will be more precise..

Afnan_faizah

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Quote from: MadGamer on February 21, 2018, 07:18:46 AM

Probably not as there will be no more supply. It should increase If the demand remains the same. I wouldn't think much about it though, we would be all dead by then.

The limitation of maximum amount of bitcoin will automatically makes the demand increase easily. May be bitcoin price could be more stable but it will still tend too rise. Nowaday too many traders who trade bitcoin everyday. It makes the volatility even higher, if more holder and bitcoin that exist rather than bitcoin trader then the price will be more stable.

MadGamer

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Probably not as there will be no more supply. It should increase If the demand remains the same/increase. I wouldn't think much about it though, we would be all dead by then.

kjnfmplm

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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?

Topic: Will the price be stable? - page 48. (Read 3316 times)