Topic: Will the price of bitcoin increase forever? - page 31. (Read 8976 times)
It could happen if all new digital currencies emerging still need Bitcoin .. Because Bitcoin's own role is very important today ...
I think it will increase before 2021
No! Because it also has time to fall, so the price of bitcoins will not increase forever. So do not expect that bitcoins are always rising. Especially now that bitcoins are uphill and I'm sure it's not natural. So be careful because at any time from now will be the fallen price of bitcoins. But i hope this may not happen. Because many people expect the price of bitcoins to rise further.
Yes, the Bitcoin exchange rate will go up forever until one Bitpenny is worth 100 bajillion dollars. At that point every person with a little dust in their wallet can use it to buy their own island in the pacific.
Bitcoin price will increase due to limited supply and growing demand but it will not increase forever. Bitcoin price may reach $25000 in next five years, means it will reach beyond limit of people in general. In many countries bitcoin is more used as an asset or tool of investment. Its role as a currency for daily use is quiet limited. One day limited supply of bitcoin comes to an end, either they get mined by miners or get lost permanently by its users. Hacking activities increased in bitcoin wallets, bitcoin traders are difficult to trace as a result criminals are using it as a currency in their activities. Many countries are putting ban or trying to regulate bitcoin`s operations in their economy for these security reasons. This is creating bad impression about bitcoins & may restrict its use and obviously its rising price.
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 yes because the total of supply of bitcoin is limited only so we need to expect that the demand is high the value is continiously to rise and i think this bitcoin if reach $20000 maybe this all cryptocurrency will replaced all curreny in the world.
The price of the bitcoins is related to demand from the consumer as long as people demands btc its price will rise as we can see these days that more people are getting interest in bitcoins in return its price is going higher and higher so as long as its buyer are increasing its value will increasing but after a certain limit it will get a standard where it will stop and people will take it as a standard for having digital transaction.
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?
it's visible, if you start entering world trading in cryptocurrency, you'll understand how bitcoin or altcoin can have fluctativ values. not only a supply problem, but how the world of bussines start using payments systems with cryptocurrency or fintech .
According to its line graph, probably yes. As long as there are more people getting interested in using cryptocurrency there will be more demand and when there is high demand its price will be higher and higher.
Mass adoption will cause Bitcoin to rise even more at a faster rate as well. So watch out for the big boom!
before Bitcoin is recognized by governments in the world, I think Bitcoin cant increase forever. Because some people are aware of the existence of Bitcoin, the goal is only one to increase the funds they invest
time will tell, now the price for it is unjustifiably overstated, the people buy it, many even without understanding what it is for, explaining only by speculation. But in any case it is growing, and I think you will see 15 and 25 thousand dollars
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?
You can't say that. There are always ups and downs of crypto currency. Specially bitcoin, since the price of bitcoin now is high, it may do the correction. It may dump or some people make fake news to make bitcoin price decrease.
As long as there's a law of supply and demand in economics if there's a little supply left the demand was hype in now there are only 6million left bitcoin not mining if bitcoin was fully max of his supply it will increase to his price.
its increasing as long as the demand and have to make the project bitter and support it
If you take into consideration at each halving the block reward is reduced by half, i would say that bitcoin will keep growing with the mining of new bitcoins, soo aroud 2100 its when the mining should end, at those period bitcoin will be already a store of value, and well since no more coins it will make it being much more worthing then nowadays, even some believing its overpriced.
btc will rise to double or triple. but like on the stock exchange it can also go downhill fast here. the whales are the problem.
I dont think so. we will see some correction and after correction we will see more growth.
Because the amount of bitcoin is limited, as the demand for bitcoin is increasing, it is normal for bitcoin to rise.
Mate Bitcoin right now is consuming enough electricity to provide the needs of a small country, with 10 times more difficulty of mining, we could assume that
Electricity required to mine all the Bitcoins which miners are mining every day to be enough for a big country, that would mean a price of $98,000 per Btc.
What we can't do in the future is consuming more electricity than a big country. cap is around $100K-$120K.
Electricity required to mine all the Bitcoins which miners are mining every day to be enough for a big country, that would mean a price of $98,000 per Btc.
What we can't do in the future is consuming more electricity than a big country. cap is around $100K-$120K.
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