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Topic: Will the price of bitcoin increase forever? - page 7. (Read 8973 times)

legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
December 15, 2017, 12:35:49 AM
I do not know, we do not know what kind of future awaits bitcoin. but, bitcoin does have the potential to have a high price. so, for now, bitcoin prices may continue to grow, but we do not know if it's forever or not.
hero member
Activity: 826
Merit: 501
December 14, 2017, 09:54:52 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 its not. The price of bitcoin will not continuously increase forever. Bitcoin's price may experience crash that will lower its value. Not all the time, bitcoin' price is going up. Sometimes it will go down and can make bitcon's price very low. When this thing happens in bitcoin, some people panic about their bitcoin. Some people sell all of their bitcoin and accept the fact that they have lost so much money which is a wrong idea. If bitcoin experience crash, we should only hold and keep our bitcoin because there will come a time that bitcoin's price wil get back on track or maybe have a massive increase.
I agree that there's an end for this drastic increase of the price, because by the moment bitcoin price will stabilized at $19-20k the buy and sell also be like a ping pong ball. The situations might be break even and if many will buy then its in equality of the profitable price. Maybe we can experience short spikes but rather it will drop immediately at a certaim level of price value.
full member
Activity: 405
Merit: 105
December 14, 2017, 08:37:36 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 its not. The price of bitcoin will not continuously increase forever. Bitcoin's price may experience crash that will lower its value. Not all the time, bitcoin' price is going up. Sometimes it will go down and can make bitcon's price very low. When this thing happens in bitcoin, some people panic about their bitcoin. Some people sell all of their bitcoin and accept the fact that they have lost so much money which is a wrong idea. If bitcoin experience crash, we should only hold and keep our bitcoin because there will come a time that bitcoin's price wil get back on track or maybe have a massive increase.
hero member
Activity: 3080
Merit: 603
December 14, 2017, 06:31:58 PM
Increasing forever is not the right term I guess.

How about increase longer than our lifetime?
Hmm.. just say what you want to describe with the term and forget what I just said.  Cheesy

It will increase in value forever because it is limited while the demand for use now and in the future is increasing. No predictable value so it's perfectly possible.

Supply limit of bitcoin is one of the reason why the price is on a continuous increase whether there will be some dips that will occur during its way to the top.
legendary
Activity: 1050
Merit: 1001
December 14, 2017, 11:37:49 AM
Nothing can increase in value forever, there will come a time that bitcoin is nothing more than a collectors item as it is replaced by something superior. Until that time as long as adoption increases then bitcoin price will always increase.
Yeaa even though bitcoin has limited supply and the demand keep coming , there is a time for bitcoin to get stuck.
Or even dropped , as nothing last forever! Especially bitcoin is something that considered as an uncertain thing.
Don't be so overconfident , just think realistically and be wise! With that way you won't expect that impossible thing.
member
Activity: 70
Merit: 10
December 14, 2017, 11:21:02 AM
It will increase in value forever because it is limited while the demand for use now and in the future is increasing. No predictable value so it's perfectly possible.
If we suppose that Bitcoin will take the place of fiat currencies in the future (meaning everybody in the world is paid in btc, and use btc as a currency), then usd will worth hardly anything and bitcoin will worth a lot compared to $.
So yes I think bitcoin price can raise for quite a long time, not only because bitcoin has limited number of coins (and number of btc really used will go lower once every coin has been mined because everyday some coins are lost), but also because fiat currencies we compare bitcoin to will decrease in value.
full member
Activity: 518
Merit: 104
PUFFY FINANCE
December 14, 2017, 10:38:16 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. no any given price cap for a bitcoin. Bitcoin is not gold that you may give a price or something like that.
The thing that make bitcoin unique is limited supply and that is why the bitcoin will keep growing without limit.
hero member
Activity: 1022
Merit: 511
December 14, 2017, 07:46:01 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. Maybe time will come wherein the value of bitcoin will remain constant and that may happen if bitcoin has ended up being legalized already all over the world. That time may be too far from now but as we all can see right now, the value of bitcoin has been rising a lot these days and as this matter continue, the possibility that the value will fall down fast may occur as things go worse nowadays.
Every mankind-built thing has their peak point and definitely bitcoin is also one of them. It is reality that at a point increase in the price of bitcoin will become stable but at this current point we can say that bitcoin price will increase forever because that point is so much far when the price will become stable.

By most of experts, current time is considering the beginning time of bitcoin and they predict even in near future the increase in the price upto $100,000 and no doubt that bitcoin will touch the predicted increase very soon.
hero member
Activity: 952
Merit: 503
December 14, 2017, 07:39:11 AM
Bitcoin value was continuously accumulate, so I think that increasing of bitcoin price will happen anytime. I was nothing to says that it will happen forever, but we never know when bitcoin price stop to increase. Since this coin now is so in demand to the crypto currency community.

Therefore, this coin will not increasing forever because if it is happen bitcoin value in the future is possibly hit the million or else billion.
Yeah you are right as popularity will increase community will become more denser and more wider and in result more people will invest and prices will rise and as the regions who adopted bitcoin are now presenting resolution that bitcoin to declare as global coin and in this way there will be rise in future and till forever because there is always a possibility of perfection so bitcoin will never stop it will go high and high,
sr. member
Activity: 795
Merit: 251
December 13, 2017, 10:31:22 PM
It will increase in value forever because it is limited while the demand for use now and in the future is increasing. No predictable value so it's perfectly possible.
member
Activity: 172
Merit: 11
December 13, 2017, 10:21:57 PM
Nothing can increase in value forever, there will come a time that bitcoin is nothing more than a collectors item as it is replaced by something superior. Until that time as long as adoption increases then bitcoin price will always increase.
newbie
Activity: 14
Merit: 0
December 13, 2017, 10:06:44 PM
Increasing forever is not the right term I guess.

How about increase longer than our lifetime?
hero member
Activity: 3080
Merit: 603
December 13, 2017, 07:54:00 PM
My guess is yes. Simply supply and demand metrics in my eyes will keep bitcoin up...
Increasing forever is not the right term I guess. There will be some ups and downs but the chart tells us that bitcoin will keep on increasing. Determining the supply and demand of bitcoin today it simply says that there's a big market for it and still many people aren't getting in the league and for sure when they started to hop in to bitcoin they'll be helping to make the price higher. As of today, the crypto market cap is totally high and there's a chance that 1/4 of the increase or higher from other altcoins can go to bitcoin within the next years.
hero member
Activity: 798
Merit: 500
December 13, 2017, 12:19:43 PM
Nothing is guaranteed and predicted perfectly, then how you can say that bitcoin increase for ever it is not possible also it can be in correction mode for few days, so ups and down is common and we should keep our mindset logically and should not panic about anything in the market happen.
Yes demand of bitcoin is the main reason for its worth, the more its demand increases in the market and the more investors are attracted the more it will rise in worth. Up and down will come because it is a currency and it all counts for a currency but after every fall it will rise high and will cross all past records

Probably yes! Where the popularity of it came from, i believe bitcoin will be much getting worth when the will comes bitcoin prices will stabilize and that's when the issue of legality and bitcoin acceptance on the world market has been done. It's really hard to predict what will be next step of bitcoin price whether the of bitcoin will increase forever or not. And nowadays we can see that bitcoin still keeps on rising and lets hoping together that this price will continue to rise until the end of the year or even in the start of year 2018 because if this will be happend we can get more profits and theres a possible to make us reach.
The reason why Bitcoin is keep on rising is because of the new investors that keep on coming day by day as if there's someone told them to buy it. As the supply of Bitcoin is getting smaller and smaller as the miner mined them the price also is getting higher and higher. If those whales dump their Bitcoin i'm sure the price will going to drop too but i guess they were not on the move yet because as those speculators predict what will be the price of Bitcoin it exceeded to the people's expectations.

I don't think those whales will dump their assets that easy despite of the growing price of bitcoin nowadays. Their mindset isn't like the regular person but its totally different, because businessmen would think always for long term investment and always takes risk every time. That's why more investors nowadays were really putting their assets into bitcoin and 50% of their fiat saving was diverted to bitcoin assets, well I can hear good and negative feedback from the time bitcoin price struggles at $3000 but for now it hits the $17-$18K positive responses can be heard from majority of the forum reviews.
sr. member
Activity: 2506
Merit: 368
December 13, 2017, 11:44:21 AM
Nothing is guaranteed and predicted perfectly, then how you can say that bitcoin increase for ever it is not possible also it can be in correction mode for few days, so ups and down is common and we should keep our mindset logically and should not panic about anything in the market happen.
Yes demand of bitcoin is the main reason for its worth, the more its demand increases in the market and the more investors are attracted the more it will rise in worth. Up and down will come because it is a currency and it all counts for a currency but after every fall it will rise high and will cross all past records

Probably yes! Where the popularity of it came from, i believe bitcoin will be much getting worth when the will comes bitcoin prices will stabilize and that's when the issue of legality and bitcoin acceptance on the world market has been done. It's really hard to predict what will be next step of bitcoin price whether the of bitcoin will increase forever or not. And nowadays we can see that bitcoin still keeps on rising and lets hoping together that this price will continue to rise until the end of the year or even in the start of year 2018 because if this will be happend we can get more profits and theres a possible to make us reach.
The reason why Bitcoin is keep on rising is because of the new investors that keep on coming day by day as if there's someone told them to buy it. As the supply of Bitcoin is getting smaller and smaller as the miner mined them the price also is getting higher and higher. If those whales dump their Bitcoin i'm sure the price will going to drop too but i guess they were not on the move yet because as those speculators predict what will be the price of Bitcoin it exceeded to the people's expectations.
hero member
Activity: 1260
Merit: 524
December 13, 2017, 09:34:31 AM
Their are so many good news are input that the price of bitcoin is constantly risking and their is some price correction but not that deep so i think we can see all time high price going more high.
hero member
Activity: 630
Merit: 500
December 13, 2017, 09:19:50 AM
Bitcoin value was continuously accumulate, so I think that increasing of bitcoin price will happen anytime. I was nothing to says that it will happen forever, but we never know when bitcoin price stop to increase. Since this coin now is so in demand to the crypto currency community.

Therefore, this coin will not increasing forever because if it is happen bitcoin value in the future is possibly hit the million or else billion.
sr. member
Activity: 574
Merit: 250
December 13, 2017, 06:07:16 AM
Nothing is guaranteed and predicted perfectly, then how you can say that bitcoin increase for ever it is not possible also it can be in correction mode for few days, so ups and down is common and we should keep our mindset logically and should not panic about anything in the market happen.
Yes demand of bitcoin is the main reason for its worth, the more its demand increases in the market and the more investors are attracted the more it will rise in worth. Up and down will come because it is a currency and it all counts for a currency but after every fall it will rise high and will cross all past records

Probably yes! Where the popularity of it came from, i believe bitcoin will be much getting worth when the will comes bitcoin prices will stabilize and that's when the issue of legality and bitcoin acceptance on the world market has been done. It's really hard to predict what will be next step of bitcoin price whether the of bitcoin will increase forever or not. And nowadays we can see that bitcoin still keeps on rising and lets hoping together that this price will continue to rise until the end of the year or even in the start of year 2018 because if this will be happend we can get more profits and theres a possible to make us reach.
full member
Activity: 378
Merit: 100
December 13, 2017, 12:41:04 AM
I am not agree with this that the price will go on regularly some time great shocks and volatility comes in the crypto market and because of that the currency falls in a short time. bitcoin is also a type of currency which some time highly goes up and sometime fall down this is the nature of currency market through bitcoin you can secure your investment for future and if you invest your all money into bitcoin it will be highly risky.
full member
Activity: 448
Merit: 101
December 13, 2017, 12:32:01 AM
Nothing is guaranteed and predicted perfectly, then how you can say that bitcoin increase for ever it is not possible also it can be in correction mode for few days, so ups and down is common and we should keep our mindset logically and should not panic about anything in the market happen.
Yes demand of bitcoin is the main reason for its worth, the more its demand increases in the market and the more investors are attracted the more it will rise in worth. Up and down will come because it is a currency and it all counts for a currency but after every fall it will rise high and will cross all past records
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