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Topic: Will the price of bitcoin increase forever? - page 14. (Read 8961 times)

legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
December 07, 2017, 08:41:20 AM
It will go up forever, stop worrying. You all need to buy as much as you can right now and quickly drive the price up to $20k because I’ve got my eye on this used Tiara 5000 Coupe and I need a little more cash to make it happen.

member
Activity: 164
Merit: 11
December 07, 2017, 08:34:14 AM
Of course, it will not grow forever. But by observing with what speed it has grown to 15k, it becomes clear that the growth slowdown is not expected
newbie
Activity: 104
Merit: 0
December 07, 2017, 08:25:26 AM
The temporary situation is. More and more people want to invest in encrypted money. While bitcoin has a unique function, this is the first encrypted currency, it is the most famous, and it has a longer time than the other encrypted currencies. So I think no one can predict the maximum price it can be.
hero member
Activity: 686
Merit: 502
December 07, 2017, 08:23:50 AM
Bitcoin becomes a means of accumulation and investment.
Unlike gold and real estate, this is a very liquid asset. Particularly pleasing investors is the increase in the cost of bitcoin.
Because of these factors, the number of investors and invested money is growing.
While the market is not saturated, it will grow.
full member
Activity: 563
Merit: 102
December 07, 2017, 08:10:51 AM
It should keep increasing as long as there is demand and it should keep on increasing until it hits it's ceiling closer to when the amount of bitcoins are no longer able to be mined and can simply be sent by those who have got bitcoin already.

totally agree, if there is a demand and the supply is low or there is not enough supply the.price will go high. so if people are keep holding their bitcoin and not selling it ,there is a big possibility that the.price will continue to strike higher, it depends really on the trust of the people and the market..so we will see if what will going to happen. we can't really predict.
member
Activity: 238
Merit: 10
December 07, 2017, 08:10:32 AM
It's impossible to grow all the time, and it's impossible to do anything. When it goes up to a certain point, it's going to bubble up, when the bubble bursts, when it's plummeting.
sr. member
Activity: 434
Merit: 250
December 07, 2017, 07:55:21 AM
Since the total number of bitcoin is fixed, so the value of bitcoin will keep grow, and it's price will keep grow also. So will there a price cap for bitcoin?
maybe in the past bitcoin is falling it's value but then in the present it continue to rise up and grow but nothing is permanent in this world and bitcoin is not stable at it is. i believe in may fall any time again but it'll not too low maybe average value.
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
December 07, 2017, 07:40:00 AM
No. There are no such things that are always improving, maybe when the time comes that bitcoin will have a fixed value that will be accepted by government. Because if bitcoin price will continue to grow bigger and bigger there are chances that bitcoin will be unusable the government will likely much to stop bitcoin. Increasing it value seems positive especially for us that are working to have money but it might also cause negative effects on community not by now but maybe later.
sr. member
Activity: 1148
Merit: 300
December 07, 2017, 07:14:01 AM
nothing rises forever, there is always a cap for everything. and what you say about supply is true but you forgot the demand part, the demand is also limited! it is limited by the hard cap called "number people on earth" and a any time there is only certain percentage of them that would want to invest in bitcoin.

at some point some kind of balance will be reached which will slow down the rise and then it will be normal rises and falls. nothing too fancy. but we are so far away from that point.
If you look at it now, we can see that record shows that bitcoin price is continuously rising on the graph. But nothing is constant in this world, It could reach it ceiling depending on the supply, demands and other contributory factor that may affect its value and stability in the future. Consider government regulation on the use of digital money that may happen in the future.
Well i believe that after this huge rising of bitcoin price it will really fall down from the past bitcoin has really an unstablw price  that make it more popular each because many people gain through buy and selling.I believe that bitcoin can never rise forevet samr as the past price of bitcoin it is really amzing it will always going to up and down and it is really normal on this crytocurrency field.
sr. member
Activity: 672
Merit: 250
December 07, 2017, 06:55:30 AM
nothing rises forever, there is always a cap for everything. and what you say about supply is true but you forgot the demand part, the demand is also limited! it is limited by the hard cap called "number people on earth" and a any time there is only certain percentage of them that would want to invest in bitcoin.

at some point some kind of balance will be reached which will slow down the rise and then it will be normal rises and falls. nothing too fancy. but we are so far away from that point.
If you look at it now, we can see that record shows that bitcoin price is continuously rising on the graph. But nothing is constant in this world, It could reach it ceiling depending on the supply, demands and other contributory factor that may affect its value and stability in the future. Consider government regulation on the use of digital money that may happen in the future.
sr. member
Activity: 1820
Merit: 418
Telegram: @worldofcoinss
December 07, 2017, 06:46:55 AM
Since the total number of bitcoin is fixed, so the value of bitcoin will keep grow, and it's price will keep grow also. So will there a price cap for bitcoin?

No i do not think bitcoin will increase the value forever due to correction.
Correction is needed for bitcoin to make healthy market so not always increase the price forever.
Price will increase till the end of supply and when the whole supply will meet its owners then bitcoin will be at the stable position and then no more buying and selling will occur and maybe prices will be on millions and that’s true that bitcoin will be the upcoming coin of world but the main thing is what will happen next when 21 million of bitcoin will be in people’s hand what will be next strategy by the bitcoin to use it more.

There is no bitcoin 21 million in peoples hands, that is a bad estimate.   Did you know there are already 5 million bitcoins lost?
So if you subtract that, means there is only going to be 16 million bitcoins in circulation maybe even less.
member
Activity: 319
Merit: 11
December 07, 2017, 06:40:11 AM
Bitcoin fixed supply and demand is a great big player, but personally i think that if all bitcoin will be mine and the demand decrease the bitcoin price will be stable untill no one will use it
full member
Activity: 336
Merit: 100
December 07, 2017, 06:34:36 AM
I think the value of bitcoin will continue to increase. I find its value has increased steadily over the past few months. Because the number of bitcoins is limited, more and more people are buying up the value of their bitcoins.
member
Activity: 266
Merit: 16
December 07, 2017, 06:31:03 AM
We could not say it is forever because sometimes bitcoin raises up and go down. Bitcoin has no stable price it depend on the demand.
member
Activity: 89
Merit: 10
December 07, 2017, 06:27:11 AM
The progression can not be constant since at a moment there will be less buyer and the bitcoin will find its equilibrium price
full member
Activity: 210
Merit: 101
December 07, 2017, 06:25:38 AM
Bitcoin is likely to have the increase in its frequency. The bitcoin value will be increased the next year. Bitcoin is forever as long as he rises is more likely to join this bitcoin and big money will be replaced with bitcoin, it is difficult for a country that is struggling with the economy. This is a big help to those who work in small salaries. The value of bitcoin is up to a million the next year.So bitcoin has forever to increase it.
sr. member
Activity: 532
Merit: 250
December 07, 2017, 06:24:47 AM
I think no! there come a certain time when the price of bitcoin will become stable and that is when the issue regarding legality and acceptance of bitcoin in the world market has been settled already. I think like a normal currency bitcoin has a fixed value its just that at this moment a lot of correction is happening and I think sooner the value of bitcoin will become fixed.
I also think that the answer is no, because there are time that the price of bitcoin will dropped and then it will increase again but it will not increase forever. In addition to that, I do believe that the price of bitcoin will increase in the future and I hope it would happen because it may result to a high income.
newbie
Activity: 2
Merit: 0
December 07, 2017, 06:12:30 AM
Since the total number of bitcoin is fixed, so the value of bitcoin will keep grow, and it's price will keep grow also. So will there a price cap for bitcoin?

We can calculate the ceiling price for Bitcoin by a simple calculation.
The whole world has 8 billion people, of which about 3.6 billion internet users.
When everyone knows Bitcoin, each person wants to keep one BTC for himself. While BTC has only 21 million BTC, the rate is 171 for 1 person with 1 Bitcoin (3.6 billion / 21 million = 171 times).

Average income per person per year = 5000 USD
So we calculate the BTC price must be 5000 x 171 = 857,000 USD / BTC
newbie
Activity: 10
Merit: 0
December 07, 2017, 06:03:08 AM
Since the total number of bitcoin is fixed, so the value of bitcoin will keep grow, and it's price will keep grow also. So will there a price cap for bitcoin?
bitcoin can increase its value for a long term because as you can see know a days the bitcoin value have increase and so many people thinks that bitcoin can be the future currency for the money. and because of the people that trust and invest in bitcoin i think that bitcoin have a lot of potential to increase its value forever.
member
Activity: 317
Merit: 11
December 07, 2017, 06:00:12 AM
Since the total number of bitcoin is fixed, so the value of bitcoin will keep grow, and it's price will keep grow also. So will there a price cap for bitcoin?
When the price hit the peak, it will stable there as a comfort zone
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