Will the price of bitcoin increase forever? - page 21.

carlisle1

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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 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

odranoel

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Based on current situation worldwide i can say bitcoin is very very fast increasing and it is very amazing especially for us in bitcoinworld and i think it can last a couple of years more but when we say forever, i dont think soo..its depend upon the situation and the only permanent in this world is changes...but i do hope that bitcoin last forver ofcourse

barontamago

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As long as there are supporters of bitcoin the demand will rise causing the price to increase. I can't say it would increase forever. Its price increases today because the bitcoin is mainstream but after a year it would slowly increase until it stop or it might decrease.

Jonsnowstark

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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?

Price cap? I don't think so. Given that the supply is the same. And the demand for bitcoin increases, more and more people will want to own a bitcoin. Following the law of supply and demand oh well, of course the price will continually go up.

Swopon

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Gamdom

bitcoin's price will increase in day by day because of it's high demand.The more and more people are getting into it the more demand will be created.And since it's number is fixed people will need more bitcoin that why it's price will increase forever

gakadem

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bitcoin prices will continue to rise and will not be unstoppable, there will be no benchmark prices for bitcoin later, bitcoin will rise up and up
it's because of its limited supply and bitcoin enthusiasts very rapidly .. bitcoin is rarer than gold ..

imteaz

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More & more people learning about bitcoin everyday due to media, tv, newspaper coverage of price surging, so people easily get into bitcoin and buying from coinbase, which is easy for average people. That's why we see recent surge of the price.

almightylarvas

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It's depend on how many investors will join Bitcoin invesment, more and more people are joining it so i think it's absolutely yes.

Sithara007

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Quote from: Man21 on December 03, 2017, 11:33:37 PM

If more people interest so price increase. So If more people always interest so price bitcoin will always increase.
But if forever, i am not guarantee. Always will come the time when price will down. So not forever in my opinion.

There will be a point when those users who purchased their coins at $1,000 or $2,000 per coin decides to do full or partial profit booking. If the demand is not very strong at that point of time, then the exchange rates can crash. This will trigger panic selling, which will pull down the prices even further. But I can't predict the level at which this will occur.

kimpena

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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?

I don't think so. Bitcoin keeps growing, more and more people are getting into it. Its value is one of the reason why many people are getting in to it. But this value is very volatile, it is unpredicted. Its volatility is one of the challenge and exciting things with bitcoin, if it gets a fixed value well there will be no challenge and excitement, I don't even imagine if its get a fixed value will there still ve people who will continue to invest with it? Maybe if its price is high, it will be good for most bitcoiners, but if it gets a low fixed value maybe its population will decrease.

Man21

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Quote from: Fasdartin on December 03, 2017, 09:34:56 PM

Quote from: odakorlina on December 03, 2017, 09:20:45 PM

For now the value of bitcoin is increasing and it's good for us but it's fact that we have to accept that a time will come when it's value will become stable. So I think as long as the demand is increasing, the value of Bitcoin will continue rising but it will not increase forever. Because the price of cryptocurrencies depends solely on the flow of demand and supply.

I think yes becausebit is depends of demand and supply that flow in market, and i think it will increase even more because of bitcoin popularity and a lots of people get interested to it. Even it expensive to buy there's a lot of people will still buying because they know that its value is also increase.

If more people interest so price increase. So If more people always interest so price bitcoin will always increase.
But if forever, i am not guarantee. Always will come the time when price will down. So not forever in my opinion.

boddy.dy

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In this word nothing is fix everything is changing. So in my own opinion I can that the price of bitcoin will not increase forever. Maybe today it rapidly increase its value but somewhat it will decrees. Just like in other business and investment it will come a time of ups and down.

RodneyKings

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There's no such thing as forever. The last Bitcoin will be mined eventually so depending on the demand, it'll surely go up if there's a huge demand and probably a lot will be just holding on to their Bitcoins on their wallet. Thank God there are altcoins that serves as an alternative Grin

cipher-x_09

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Change is something in which will always occur in bitcoin which is why I think the price increase won't be succeeding its always gonna be a roller coaster ride for bitcoin price because it is something which is not stable because it varies upon the demand of bitcoin and demand of bitcoin is never going to be high day by day it changes from time to time.

randal9

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Quote from: 0t3p0t on December 03, 2017, 09:58:23 PM

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?

Maybe but I don't think if it would last forever maybe for one's lifetime is more accurate. Everything that is made by humans has an end and I think almost everything because it is just a matter of time. Bitcoin is unstoppable so the best thing we have to do now is invest while it is still hot. It is really a big advantage to those who have capitals because they can buy some and will surely be the first to harvest their profits. They said Bitcoins price will be going 10 times higher 2 years from now so if we have 1 Bitcoin right now it could be ten times the value of today's price on 2019.

the price can't grow forever, but I can't say what heights it will reach...therefore, don't relax

josephpogi

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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?

i dont know if bitcoin price will going to continue because some goverments still hate this bitcoins they said the this bitcoin is only a scam but i think if all goverments in the world accept this i think the value of bitcoin will increase forever no one can stop in bitcoin if it happens.

Psyloc9302003

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the price of bitcoin will continue to increase but it will not be forever..as it goes closer and closer to its maximum coins so is its price..there is also acceptance once fully accepted its price might level..it may also go down if there will be an issue of hacking

notyours

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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?

I think it would be possible but for a short time I guess , remember that bitcoin is decentralized coin , either it increases or decrease. As of now the price of it is almost 11k dollars I think. We can predict but we can't say that it will happen maybe in the future , no one knows what will happen , or what happen next. But it's amazing though , yet im shock too , the bitcoin is still rising , it's unstoppable rather. Bitcoin is still rising , growing and growing , bitcoin is still surprising us.

powermagic

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I think not, because bitcoin like any other commodity in trade sometimes demand increases and decreases you can see some sites selling and selling its bitcoin always change the price every second, minute, and hour

mecuaberipro

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I think it will, because the supply is limited and the demands are increasing day by day.

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