Will The Price Of Bitcoin Increase Forever? - page 18.

batang_bitcoin

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Quote from: webmastax on March 20, 2018, 11:17:27 AM

Quote from: batang_bitcoin on March 20, 2018, 08:37:05 AM

Quote from: totol05 on March 20, 2018, 08:30:26 AM

As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon.

There's only one man that predicted that bitcoin will reach one million bucks on 2020 and that is John McAfee.

I think 1 Million $ for one bitcoin is so exaggerated. I expect the price to reach new records soon but nowhere near 1 Million.

It's exaggerated but we don't know if one day we will be there but the fact that we are still far from that price still there's more to come to bitcoin. Just don't expect too much and go along with what's the current flow of the market.

Quote from: dogohagra on March 20, 2018, 10:21:41 AM

If it is true that the prophecy occurred in 2020, for what reason and how could he think like that? not just for the moment that bitcoin prices are hard to guess, and if we think and look at the facts in depth, what exactly affects the bitcoin price itself? it is a difficult question to answer. but here we think realistically if we get a profit then immediately take, be humans always grateful that there is no greedy nature to get a lot of profit. If it could be up to much profit maybe this one is called the fruit of patience.

This is just a speculation coming from him and many aren't taking him seriously because of the past acts that he did. He was once advertising a pump and dump group through twitter that lost his credibility on what he's saying.

mindkontrolultra

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A bitcoin will always be worth a bitcoin.

Ejanend

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Quote from: saiful1234 on March 20, 2018, 09:44:15 AM

If the price of bitcoin will increase forever.Then the price will suerly increase the more people exposed to bitcoin the more the price increases. Or if demand continues to increase and supply is constant then yes.

Considering the aspect of supply, we all know that bitcoin is having very limited supply and this could be a factor playing important role in the high prices of bitcoin. The increase in awareness regarding bitcoin would also let it increase price wise. I don’t know about the time but one thing is for sure that bitcoin will not stay at the current rate forever. It will recover soon with the support of people, leaving all in joy.

yanimkurniawan

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I firmly believe that bitcoin prices are always on the rise, because now in my country bitcoin is becoming their daily income, because for them the future of bitcoin is very good as time goes by.

Musstang

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Quote from: totol05 on March 20, 2018, 08:30:26 AM

As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?

1 million dollars for bitcoin is certainly an incredible prediction.
Personally, I think that the more real price is 100 000, although this price is predicted before the end of 2018. Now there are a lot of events and it's getting harder to predict.
But we continue to believe in bitcoin and look forward to growth.

rockie87

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Quote from: totol05 on March 20, 2018, 08:30:26 AM

As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?

I think it will continue to grow.See the prices of any coin depends on it's buying and selling but the most important thing is production.Right now the number of bitcoin is increasing and the trading is also increasing which allows fluctuation to happen in bitcoin.The dip in the prices might be due to many reason but it is not that the prices will remain stable at this point.I am thinking about forever as it is very long but atleast till next 6-7 years it will fluctuate like this.

polltroy

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It can not increase forever by one simple reason: the mining. Over time, energy cost for mining = revenue of mining + some small %

If BTC pris is $1 milj in 2020, it means mining revenue is like $675.000.000.000. Total world energy use is about $2000.000.000.000. So it means bitcoin mining would need expansiion of powerplants by 33% in 2 years. Thats simply not possible in such short time. And even if it was, would never be allowed by governments around the world... If bitcoin price gets too high, governments around the world will start to try to ban it simply because of the energy usage.

webmastax

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Quote from: batang_bitcoin on March 20, 2018, 08:37:05 AM

Quote from: totol05 on March 20, 2018, 08:30:26 AM

As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon.

There's only one man that predicted that bitcoin will reach one million bucks on 2020 and that is John McAfee.

I think 1 Million $ for one bitcoin is so exaggerated. I expect the price to reach new records soon but nowhere near 1 Million.

tonysitaly

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This is impossible. We have seen the violent fluctuations of bitcoin in the last three months. At some time after a few years, it is possible for bitcoin to reach 30K or even 100K. This requires a continuous expansion of the digital currency community. Let's look forward to it.

Amelial

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It can be, as long as many people do and trust btc so btc can increase forever

CASTIEL05

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Quote from: Finestream on March 20, 2018, 10:45:56 AM

Quote from: bettercrypto on March 20, 2018, 10:34:26 AM

Quote from: totol05 on March 20, 2018, 08:30:26 AM

As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?

As I can see in the price right now, there is no stability in the price. Last day, the price moves down rapidly and as of now, bitcoin rise up gradually. It just proves that there is no stability in bitcoin instead it is volatile.
1M dollars is really a positive perspective in bitcoin. Well, I guess it does not happen instantly. A rapid change in the price of bitcoin will lead also in a rapid crash.

I also think reaching $1million for bitcoin price could be possible in due time.But we should also bear in mind that bitcoin will always be volatile so expect if its going to hit its peak today,then maybe by tomorrow or the next day bitcoin price will fall again.Cryptos are just like that,we just have to get used to its fluctuations so we can lasts longer in this kind of industry.

For me, bitcoin is perfectly designed not because of its decentralization but because it is strengthened by its volatility. Bitcoin is equally made, as we can see, bitcoin does not lead in inflation or deflation even there is a great fluctuation of its price.
I know that bitcoin will reach its price but not instantly. There is a possibility that it will reach its peak if all of people will make bitcoin as their medium of exchange or a lot of people will have an idea in cryptocurrency.

FRJ

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The things you told that bitcoin can reach 1 million etc etc,I do agree and I don't too.Because the price of bitcoin can not be predicated. The price can increase any time and also can fall any time!!It is simply possible to increase the price of bitcoin forever.Because,the price depends on the number of buying and selling bitcoin. if people keep buying and investing in bitcoin,then the price will continue increasing forever.If they start selling, then again the price will fall down.Exception sometimes can happen too.

crptomoon1001

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I am worried about the volatility in BTC price when price is 100k / coin..

Does that mean I can trade and make 5k to 10 k in a matter of hours... God, this is average salary for a Phd in USA per month

TonixGaming_14

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Quote from: Koalamite on March 20, 2018, 08:37:28 AM

No one can predict if bitcoin will increase forever.because bitcoin price now is not stable for now but who can say that we never know if bitcoin price will increase or will be stable

Will the price of bitcoin is increase we cannot say it depend on the demand on the market and just hold your bitcoin until the price is stable.

Vin183~

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Yes it can be. As many people is still trust and do btc so btc increase forever

Finestream

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Quote from: bettercrypto on March 20, 2018, 10:34:26 AM

Quote from: totol05 on March 20, 2018, 08:30:26 AM

As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?

As I can see in the price right now, there is no stability in the price. Last day, the price moves down rapidly and as of now, bitcoin rise up gradually. It just proves that there is no stability in bitcoin instead it is volatile.
1M dollars is really a positive perspective in bitcoin. Well, I guess it does not happen instantly. A rapid change in the price of bitcoin will lead also in a rapid crash.

I also think reaching $1million for bitcoin price could be possible in due time.But we should also bear in mind that bitcoin will always be volatile so expect if its going to hit its peak today,then maybe by tomorrow or the next day bitcoin price will fall again.Cryptos are just like that,we just have to get used to its fluctuations so we can lasts longer in this kind of industry.

bettercrypto

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Quote from: totol05 on March 20, 2018, 08:30:26 AM

As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?

As I can see in the price right now, there is no stability in the price. Last day, the price moves down rapidly and as of now, bitcoin rise up gradually. It just proves that there is no stability in bitcoin instead it is volatile.
1M dollars is really a positive perspective in bitcoin. Well, I guess it does not happen instantly. A rapid change in the price of bitcoin will lead also in a rapid crash.

Dadaro

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Bitcoin is too volatile to predict. If bitcoin continue to successfully accepted by many institutions then, We can assume that it will also continue to increase but not forever. Not to forget, bitcoin prices are depend and influenced almost entirely by emotion.

saiful1234

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The price of bitcoin increase forever. It incressing day by day and it's price will be very high. In future it price many high level and people buying for it. So bitcoin price increase in future.

pawanjain

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Nothing lasts forever

Bitcoin is something that cannot be predicted because it depends on the market situation at that point of time. Bitcoin works in the present and whatever it is facing now will drive it's price in the next few weeks. So the possibilities are numerous for BTC. If many people start getting involved with BTC the possibility for it to increase in price are much higher whereas if countries start banning it and regularizing it, the price might fall. As someone mentioned that there is a limited supply of 21 miilions BTC, the possibility that the price might increase/decrease after that are equal since it would depend on market whether its in a bull trend or a bear trend.

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