Will The Price Of Bitcoin Increase Forever? - page 19.

dogohagra

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Quote from: batang_bitcoin on March 20, 2018, 07:37:05 AM

Quote from: totol05 on March 20, 2018, 07:30:26 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.
Reference: John McAfee Bullish on Bitcoin Price Reaching $1 Million by 2020

Quote from: totol05 on March 20, 2018, 07:30:26 AM

As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it.

It's not new that most of us, holders are worried when we see our investment going down.

Quote from: totol05 on March 20, 2018, 07:30:26 AM

I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin.

My tip to you is don't be greedy. If there's profit, take it.

Quote from: totol05 on March 20, 2018, 07:30:26 AM

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?

Expect that there are pumps but it can't happen forever. Balance market, rise and fall.

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.

VitKoyn

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Quote from: totol05 on March 20, 2018, 07:30:26 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?

At this kind of market condition holders are the ones who will lose a lot of money but if you are a true holder then you will not be affected whether the price drops drastically. I'm also a holder but in this kind of situation, I always make sure that I won't miss the opportunity gain even more, to sell part of my Bitcoin holdings and reinvest it when the price hits the lowest level it can drop. No one can tell you which path the price of Bitcoin will go, here's a tip, if you think that the price will go down even more then sell it and reinvest (just like what I said) or if you are not good at this and thinks that this is just temporary and the price will recover soon then just hold it.

SeniorRalap

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Quote from: totol05 on March 20, 2018, 07:30:26 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 don't think it's possible. No one can know the future price of bitcoin, but if the price of bitcoin grows forever, the price of bitcoins will become very high. This is going to be beyond our expectations.

ellabanana

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The current value of bitcoin is okay now, not surprising but atleast it's not hitting the bottom again. Thus, other coins are also increasing their value. However, we wi never know if it will continue to rise or it's just a temporary rise. But, hopefully, it will continue to grow more.

blackbutterfly

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Quote from: totol05 on March 20, 2018, 07:30:26 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?

No,its just like business that not all the time you are on the top.Any kind of works or businesses,expect that its like a wheel,sometimes we are on top and sometimes on down.in our life,thers always ups and downs and that is the reality.But I really hope so that it will grown much better and continue working just for those who dont have stable job in our country like me.

electronicash

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one day bitcoin will be considered rare, i've also read this point of view here in the forum i can't remember who said it so i can't quote him anymore but i think its true. so rare that you can hardly find anyone selling it anymore and the numbers are getting low as well. maybe by that time, the price will also be very high that only those who can afford are the ones benefiting the surge. there maybe more coins going to be used not just bitcoin though.

Haunebu

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www.Crypto.Games: Multiple coins, multiple games

This is a topic something which many constantly debate and there is no perfectly accurate answer. Based on pure logic and reasoning, Bitcoin value should obviously go up with time due to increasing demand and decreasing supply, but we can't be too sure about anything in this extremely volatile crypto market. I firmly believe that Bitcoin value will continue rising in value over time, but will begin decreasing once its supply runs out. Many factors like mainstream adoption of Bitcoin, lightning network integration etc also will have an impact here.

robynmario

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No, I do not believe the bitcoin value is forever increased. The nature of bitcoin is volatility, not an increase forever. Whether it is a natural increase between supply and demand in the future. I think it will continually make adjustments to create balance.

Xenrise

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As we all know, bitcoin's price is dependent on the demands of people on whether they are buying it right? When it hits millions, do you think people will buy bitcoins anymore? Ask yourself

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saiful1234

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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.

m. yasir

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We can not guarantee whether the bitcoin will continue to rise and then become stable. I think to be stable and stagnant in one price for a long time will not happen, because bitcoin is controlled by market demand and not decentralized so bitcoin prices can not be stable in one price in the long term.

anjuara29

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Actually i am heard also about bitcoin prediction that, Bitcoin will reach $50k,,,,,,,,,
But now BTC is pumping and some times dumping around $8k to $10k.......
I believe Bitcoin will be a huge pump within this year. So my opinion is don't sell your btc now. Just hold your coin and wait for the next pump.

Sachinist

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People assume because Bitcoin is deflationary, it can only go one way. Fiat currency is not deflationary and people keep measuring Bitcoin in fiat. What will happen when you buy Bitcoin with all the fiat money you have, what happens then? You run out of money and you sell your bitcoins.

If the day ever comes that we value goods and services in bitcoins, then even 100 satoshis will become highly valuable due to its purchasing power. Bitcoin will not become valuable long-term as a speculative asset which is what it is today.

BTCLovingDude

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BTC to the moon is inevitable...

price of nothing can go up forever. there are finite number of people with finite amount of money in the whole world so there is always a max price for everything!!!

but you can say that for a long time, maybe 5 to 10 more years price of bitcoin will continue rising up like this and near the end we will see a "big bang" in the adoption of it where price shoots to the moon for real and then stabilizes there.

HanaTenun

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Quote from: totol05 on March 20, 2018, 07:30:26 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?

maybe in this investment it takes your strategy and you will take the decision because we also know if bitcoin prices can not we predict exactly but we also know how many investors who already get the results and profits from investing with bitcoin

investorss

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Quote from: totol05 on March 20, 2018, 07:30:26 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 believe the facts and not the predictions, I would even like that someone who predicts this took responsibility for their words because people believe and make mistakes)

shadowdio

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Zawardo

well it could be surpass $20,000 but for reaching to $1 million in 2020 that's impossible to happen. I think bitcoin cannot make it that price because many FUD will coming just another bitcoin struggle will happen and also the high fee people will not use bitcoin anymore.

Gotottack

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There is definitely no such thing in a heavily fluctuating market. Not to mention that there is no such assurance of increase even in traditional fiat currencies in the form of stocks. It is but normal to have price slumps along the way, just that we experience extremes in the market of cryptocurrencies which is definitely the bad side of it. But hang on, you know you do not earn that much in the stock market unless you own billions of shares in it. To be really realistic about it, average joes can be millionaires with having to own Bitcoins only. In the same context, however, you can also lose as much. It all depends on the amount of investment you have poured into it and on proper timing. That is what sets Bitcoin apart from traditional fiat currency because in the latter, you would have to work majority of your lifetime to be where you are, economically speaking.

talkbitcoin

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All I know is that I know nothing.

Quote from: totol05 on March 20, 2018, 07:30:26 AM

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.

if you think bitcoin price will drop then by all means sell your coins and save your investment. that is your responsibility to protect your money and always make the better choices no matter what others say.

but the real question is that do you really think bitcoin will drop or is it just because you read a bunch of FUD and now you are making an emotional decision?

samuraijin

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20BET - Premium Casino & Sportsbook

it will increase at a certain time, I also assume the same with you, 2020 is where halving it will happen and bitcoin will be more difficult to mined I think the price will increase sharper than last year

Topic: Will The Price Of Bitcoin Increase Forever? - page 19. (Read 1505 times)