Will the price of bitcoin increase forever? - page 17.

DoublerHunter

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Quote from: thenameisjay on December 05, 2017, 05:29:43 AM

Quote from: summer209 on November 26, 2017, 08:55:02 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?

Nope. Just like everything else, all good things have got to end. This also applies to bitcion's price trend. The usual suspect for the price to halt its rise is the end of supply for bitcoins. Meaning, there's nothing more to mine. This usually ends the price movement becauae we have a fix supply of bitcoins.

There is nothing wrong if the supply of bitcoin will be mined in the future because the miners can still make money by confirming the transactions in the blockchain and the supply of bitcoin will just go to the exchanges where they can buy and sell bitcoin and make a lot of money because of trading it. The price of bitcoin will not increase forever because it has still the chance to have a huge dump because of the unsure environment of the market.

thenameisjay

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Quote from: summer209 on November 26, 2017, 08:55:02 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?

Nope. Just like everything else, all good things have got to end. This also applies to bitcion's price trend. The usual suspect for the price to halt its rise is the end of supply for bitcoins. Meaning, there's nothing more to mine. This usually ends the price movement becauae we have a fix supply of bitcoins.

tenkuna

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Quote from: summer209 on November 26, 2017, 08:55:02 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?

There is no such thing as forever, that's what I'm thinking, the bitcoin value will be limited and it will definitely stop in the future.

Dendy69

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Quote from: summer209 on November 26, 2017, 08:55:02 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?

The price will grow till the bubble go off. Plain and simple. Aftter that< i think, we will have another coin which is going to be leader. Not bitcoin. We now see bitcoin leading because all the newcomers think that all crypto is bitcoin. They don't know anything about alts, so invest in btc only. In future situation is going to change.

lucy1215

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Quote from: summer209 on November 26, 2017, 08:55:02 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?

That is possible for as long as the investors keeps on investing and support the crypto currency market the price of bitcoin will continue to increase.

sheryl26

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Quote from: summer209 on November 26, 2017, 08:55:02 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 the price will not increases forever not unless people will not stop spending their money on just investing on bitcoins and buying bitcoins buts that is also impossible because money will be consume by all until it will come to the point that it is all gone so honestly speaking there are no things like nowadays that lat forever even human can be extinct so we better took advantage of the bitcoins being the top these days because the time will come that they will not be on that position anymore.

Saveplus

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Bitcoin was so popular nowadays and day by day it was increasing although it was not increasing forever atleast its flactuates and its value was not stable because the investors in the market affects its price.We are not sure if it was be stable but I am looking forward that it could not be gone and be the strongest cryptocurrency.

lunatics14

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I think it will increase but not forever, since all has its ending. I can never tell if when it will stop increasing, but I just hoping not now or not in the next 30-50 years because I want to earn more Bitcoin while the value is high.

gunhell16

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This is possible.. And segeit make the bubbles that last forever... Well we cant take the risk that bitcoin may fall but in just couple of days bitcoin comes back and thats what is really good about it.. Thats why bitcoin is so interesting

jakoylantern

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For me, yes the price of bitcoin will increase. But not forever because bitcoin has a limit. It will increase right now because the demand for bitcoin is now getting huge. Even the bitcoin price right now is so high I know that I will become much expensive over a month. Yes, bitcoin price is unstable, and there’s a chance that it will fall, but it will not fall into 7,000$ below.

YayProto

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It will increase till there are bunch of people who believe in it.

12tribes

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Candidly, no. Whatever goes up will come down..... it may not be immediately but in the long term it will.

kokobaba880

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Bitcoin price will not increase forever the main reason is it is not valuable like now forever because there is a chance that may other currencies comes into the crypto market. bitcoin is mostly used for online payments and for making online money through the trading of bitcoin and investment in these coins.

miyong

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Quote from: Quickfant on November 26, 2017, 08:59:25 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.

I expect the price increase but i really don't know if it will increase forever because trading destination will definitely increase or decrease that varies in demand and the news in the social media that greatly affects the flow of the market.

MisterPrada

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Bitcoin is getting more and more attention in media. When more and more people will get the information about what Bitcoin is, they will try and invest some $ in it.. This just brings the value higher. So let's hope new $ will always flow into the "river" and we will end up on the moon

Bounty_Hunter

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In theory because of the limited issue, the price of bitcoin will increase until there is demand for it, but the demand can not be eternal.... Sooner or later bitcoin will be worthless, but it will happen, certainly not in the next hundred years )

Tuanken897

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Bitcoin will increase and reach a maximum price then go down...
That's a rule
Try to find a new ICO like C project

luigidosado

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We can't really say if the value of bitcoin will continue to rise. Not even a single person can predict the future of bitcoin. Bitcoin's value depend on its market. The demand in the market dictates its value from time to time that's why its value fluctuates from time to time. All we can say is that as long as there's market for bitcoin, bitcoin will remain but not sure if its value will remain the same or increase.

Kotone

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Quote from: summer209 on November 26, 2017, 08:55:02 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?

Its good to see and imagine a world wherein that bitcoins price would rise up and be something that we can imagine we can gain a whole lot from. But we must also take in account the what ifs and the variances in rpice in the markets and in crypto it is not unavoidable

Gloria_16

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Well, meanwhile the price of bitcoin grows every 2 years at 10x I do not think that growth will stop

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