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Topic: Will the price of bitcoin increase forever? - page 23. (Read 8975 times)

sr. member
Activity: 462
Merit: 281
dApps Development Automation Platform
December 03, 2017, 07:06:57 PM
In my opinion, it's best if BTC remains the same.  It's the anchor, the root.  It serves an important function as it is. It shouldn't be used to pay for all goods/services. 

So for example, right now fiat is the anchor.  All gains in bitcoin or other crypto is measured by it's relation to fiat.  All value is only seen as value in relation to fiat.

If crypto is to ever grow to replace fiat, we will need a universal anchor that is not fiat. Bitcoin is the anchor.  It's a much better anchor than fiat since it is not controlled by governments and artificial inflation from central bankers.
sr. member
Activity: 644
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
December 03, 2017, 06:56:29 PM
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.

Agree with you, we can't predict on what will happen in the future only speculation we have in market due to what we see in the market. Not at all times bitcoin is successful in good result. There is some unexpected events that comes especially in the business. Now the value is continuously in increasing, for me in the future if this will continue most of all businessman was invest in bitcoin that cause of fixing the price. Because they know the price will increase and increase.
hero member
Activity: 700
Merit: 500
December 03, 2017, 06:46:57 PM
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?
Yes Op, I believe that as the demand will keep on increasing day after day so shall the market value of Bitcoin keep on increasing. But remember that Bitcoin market value Will get to height where its value will remain stable and then , other altcoins will start getting more acceptance world over and that will create a strong competition among them.

We still haven't seen even 1% of the world using BTC yet. Once that happens the market cap will have to be really high. If we get to 10% of the entire world has or uses bitcoin the price will have to be worth millions each.

It will be the single biggest event in the world(cyrptocurrency) that turns people into millionaires.
full member
Activity: 294
Merit: 105
December 03, 2017, 05:42:10 PM
Im not so sure sometimes it will fluctuate or go down. So its impossible that the price of bitcoin us fix. Its like a stocks in a stocks market. It was never fix. So be careful when to trade and invest.
member
Activity: 77
Merit: 10
★777Coin.com★ Fun BTC Casino!
December 03, 2017, 05:41:14 PM
It will eventually reach a point where it becomes somewhat more stable, but it will keep rising until that faithful day, which is a really far away future. After that the price will most likely be dictated by the people who still have bitcoins in their wallets.
newbie
Activity: 53
Merit: 0
December 03, 2017, 05:34:20 PM
Nothing last forever although as far as the demand for bitcoin continue to increase so also will the price be increasing
hero member
Activity: 966
Merit: 535
December 03, 2017, 05:30:34 PM
With supply and demand, theoretically bitcon should increase untill the most possible users are reached. It doesn't stibthere because the max cap should update also be reached. Meaning the amount if Bitcoibs needed to he transferred for day to day kicbg and buying with bitcoin. Because things get more expensive as the time passes natural inflation will effect Bitcoin like any other currency. There why be anywhere near as many ups and downs in the graph and everything shuod remain stable by that time so long as usbg Bitcoin stays consistent.
member
Activity: 108
Merit: 10
December 03, 2017, 05:23:02 PM
Well of course not, what goes up must come down. It's the only natural course of events, but granted it might take a while for that to happen.
hero member
Activity: 602
Merit: 500
December 03, 2017, 04:27:11 PM
Bitcoin price every day will keep increase because of limited number of coins and very big demand of people, till demand will be high also price will be high. Also will have crashes but Btc will pass them.
full member
Activity: 447
Merit: 108
December 03, 2017, 03:36:03 PM
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?
Yes Op, I believe that as the demand will keep on increasing day after day so shall the market value of Bitcoin keep on increasing. But remember that Bitcoin market value Will get to height where its value will remain stable and then , other altcoins will start getting more acceptance world over and that will create a strong competition among them.
sr. member
Activity: 1414
Merit: 254
December 03, 2017, 03:28:13 PM
For me bitcoin price should be increase forever, limited supply and seen bitcoin value from 2009 until now continues to increase and more expensive, I thought it will increase as time goes by. Also I never seen bitcoin price fall deeply
full member
Activity: 322
Merit: 100
December 03, 2017, 03:26:05 PM
In economics, the price of goods increases if supply is more than supply. So the prices of the goods depend on the demand and supply. As Bitcoin's price is increasing day by day. It is understood that the increase in the price of Bitcoin currently leads to the increase in its demand.
hero member
Activity: 966
Merit: 507
December 03, 2017, 03:08:51 PM
No, I do not believe that the price of bitcoin can be sustained in a continuous increase because there are multiple variables in the economic field that can determine the appreciation or depreciation of an asset. It is impossible to know at this time if in ten years the demand for bitcoins can remain the same as now, when big investors are just beginning to trust bitcoin and the market is relatively new.

Once the market matures, investors make their decisions with greater knowledge of this technology and new altcoins arise even more competitive than the current ones, we could observe a possible drop in the demand for bitcoins with the passage of time.
newbie
Activity: 69
Merit: 0
December 03, 2017, 03:04:53 PM
The total number of bitcoins to be mined has already been fixed and there are lots of bitcoins that are still to be mined. It is going to take a long time for all the coins to be mined. So i do not think that there is going to be a steady increase in the price of bitcoin forever. There might definitely be constant increase in the price of bitcoin but it might not stay constant for a long time as at some point there may be drop in the price price of bitcoin.
jr. member
Activity: 53
Merit: 4
December 03, 2017, 02:58:39 PM
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, according to universal statistics every thing has a certain limit for it's value. The value of bitcoin will also get stabled in the future when it will be accepted by the world officially as a mean of trade. Today 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. Stability doesn't mean fixed, it refers to small variation in value like 5-10 % overall.
sr. member
Activity: 686
Merit: 253
December 03, 2017, 02:51:01 PM
Definitely Bitcoin will rise but it will not increase forever, but if we are talking about fluctuation (increase and decrese of Bitcoin price ) then it is a loob, a never ending cycle.  Meaning it is forever.  In price increase, there is always this saturation level where a  certain goods reached its limit and stay there, probably it will take a very long time before Bitcoin reach its market limit and price become stagnant, but it will not increase forever.

Well, if there demand  for it increases forever then it will increase  forever but if we ever get to a saturation point where there is an equilibrium of the demand  and supply then there will be stability at that point and the prices might not necessarily rise or fall again.
sr. member
Activity: 2520
Merit: 366
Catalog Websites
December 03, 2017, 02:50:04 PM
the price of Bitcoin will not increase forever, it will surely arrive when the price of Bitcoin is set in an Act or set in a mutual agreement...  Smiley
hero member
Activity: 1568
Merit: 502
December 03, 2017, 02:43:54 PM
Till bitcoin stop to generate, price of Bitcoins will be always in up trend. But when it will finish mining by solving all blocks. At that time Bitcoin will be set at fixed price and certain height among all cryptomarket. And at that time other altcoins will works well to offer better service as a payment method.

For finishing of mining till 2130, it will take more years. Bitcoin will set new benchmark and create a history in price hit with new height for exchange against fiat in coming few years.
newbie
Activity: 7
Merit: 0
December 03, 2017, 02:23:44 PM
bitcoin isnt going down. price will keep raising
copper member
Activity: 294
Merit: 0
December 03, 2017, 01:44:53 PM
I don't think that the price of Bitcoin is going to become stable soon. When people believe in Bitcoin then they will use Bitcoin. This is the reason that Bitcoin has a chance to have a much higher price than it is today
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