Pages:
Author

Topic: Will the price of bitcoin increase forever? - page 20. (Read 8961 times)

full member
Activity: 286
Merit: 100
Global Risk Exchange - gref.io
December 04, 2017, 02:50:06 AM
no i dont think so bitcoin will increase forever because there's no permanent in this world
full member
Activity: 531
Merit: 102
December 04, 2017, 02:40:36 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 permanent in this world. Opportunities come and go. So, time will come that bitcoin will also end. The good thing is we have the power to support the bitcoin so its life will endure. As long as there are people who trust in the power of bitcoin it will never come to an end. Therefore we should not waste our opportunity to support bitcoin and stay bitcoiner.
full member
Activity: 448
Merit: 122
December 04, 2017, 02:36:36 AM
Bitcoin price will continue to rise as long as the demands is still high, the market cap of bitcoin is determined by it demands and with the rate of the high demand the price rise will not stop soon after all there is no limit to the price of bitcoin. Bitcoin is free to rise to any amount so long bitcoin sustain it market value.
hero member
Activity: 658
Merit: 505
December 04, 2017, 02:21:43 AM
Nothing is forever so bitcoin price can't increase forever either. Some price dumps or correction, call it whatever you like, have to hapen sometimes. The question is only in what wxtend and when will this happen. Many users are also questionin what is the upper limit that bitcoin can achieve but I think no one can't answer that, it's purely depending on the market and the max price will be the one that are users willing to pay for.
member
Activity: 70
Merit: 10
December 04, 2017, 02:18:00 AM
I think,It's possible.Because people know about bitcoin old history.There are many people know about bitcoin daily and want to invest on bitcoin.Since bitcoin has a limited then I think it's price always grow.
I think it will one day have a very large value that will stay around 1-10 million per coin but eventually after all coins are mined people can loose coins here and there so the value will eventually go up more as bitcoin becomes scarce
newbie
Activity: 24
Merit: 0
December 04, 2017, 01:57:44 AM
bitcoin will not increase forever because so many other coin coins are ready to compete with bitcoin and there may also be a new coin where a new era will come and bitcoin can no longer compete with others, something may happen to bitcoin where the new era will come and the old will drown. but i really hope bitcoin can survive and keep on increasing
full member
Activity: 168
Merit: 100
December 04, 2017, 01:50:02 AM
Bitcoin should keep increasing as the demand on it increases. People are getting more knowledgeable about the crypto space.
full member
Activity: 448
Merit: 100
December 04, 2017, 01:46:47 AM
I think,It's possible.Because people know about bitcoin old history.There are many people know about bitcoin daily and want to invest on bitcoin.Since bitcoin has a limited then I think it's price always grow.
full member
Activity: 421
Merit: 105
December 04, 2017, 01:41:48 AM
We cant say that it will increase forever but we do believe that its price will continue to go higher each year.
Yes, we cannot say what will be the price of Bitcoin in the future. It may increase but it may also decrease in the future. The conclusion about its price getting higher in the future is possible but also impossible. I'm on the middle since the price is not stable.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
December 04, 2017, 01:38:28 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 there will be no price cap for bitcoin or in all cryptocurrencies ,thats why
this is decentralized uncontrollable so who can out cap price?bitcoin price will continue
to grow forever,although sometimes the price will drop a little but will always recover
Just I'm thinking that at some point, the price of bitcoin will revert back, maybe in a hundred years ahead when a new more advanced technology developed and released for financial technology.
Bitcoin by that will no more have benefits of being used instead of just an obsolete technology, so at that point, people will selling to move to that other technology and bitcoin will have kinda low amount of value.
hero member
Activity: 1106
Merit: 638
December 04, 2017, 01:37:09 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.

This comment is confusing the basics of supply and demand.

First, the price should increase if demand continues to grow. In theory, if demand stays constant, stable, then the price will too unless there are changes to supply. Currently the bitcoin supply is inflating because we haven't mined all the coins yet. As such, if demand remains the same and supply is increasing, the price should go down.

Once the coins are mined the effects of demand will be more pronounced because there won't be any increase in supply to dull or accelerate the increase or decrease of demand.

One thing we cannot factor into this equation is the amount of coins that have been lost due to the loss of private keys or general wallet access. We don't know how many coins are in this category, but since they can no longer be traded they have in effect reduced the supply of coins on the market.
Miz
member
Activity: 336
Merit: 12
December 04, 2017, 01:35:29 AM
I think that everything depends on the authorities, as always.
member
Activity: 406
Merit: 13
December 04, 2017, 01:33:39 AM
In my own thought I think the answer to that question is yes in as much as the demands for bitcoin continues the price will keep on increasing, there is never a fix price to bitcoin so the price can even increase to any amount even up to a million dollars and nothing will happen.
member
Activity: 135
Merit: 11
December 04, 2017, 01:27:53 AM
The price of the Bitcoin is at one third of its value right now, if the last piece of Bitcoin is mined than its value or the price will be still.
member
Activity: 546
Merit: 10
December 04, 2017, 01:24:07 AM
I think that many people who join bitcoin may be the price of bitcoin will increase forever and vice versa,
member
Activity: 91
Merit: 10
December 04, 2017, 01:22:00 AM
I think nothing is forever. its price has increased promotion does not depend on the development of it and the person using bitcoin. But now I see that bitcoin is gradually developed widely, many people use it
newbie
Activity: 65
Merit: 0
December 04, 2017, 01:18:55 AM
We don't know if the the bitcoin value/price will increase forever because everytime there is a change maybe it can increase or also it may decrease there's a limit in everything so we cannot say if bitcoin price will increase forever.
newbie
Activity: 37
Merit: 0
December 04, 2017, 12:48:19 AM
I believe it will continue to grow, It will continue to grow until it touches the ceiling of it closer when the amount of bitcoins can no longer be exploited. Bitcoin prices will increase due to the number of people using bitcoin.
full member
Activity: 210
Merit: 100
December 04, 2017, 12:43:09 AM
i think bitcoin could reach someday for more stable price just not at the moment when bitcoin become regular and get approved by the governments and more people start to use it and more employers start offring jobs paid in bitcoin that's when bitcoin bitcoin price become more stable it wont go down by any other accident that might happen it will be bullet proof any that's my vision i hope iam right
sr. member
Activity: 560
Merit: 250
December 04, 2017, 12:41:47 AM
Bitcoin will increase every year because it is a natural thing to happen from Bitcoin in creating.
Pages:
Jump to: