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Author Topic: What Will Happen to Bitcoin???  (Read 943 times)
asadou (OP)
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October 21, 2015, 11:45:15 PM
 #1

Will all the Bitcoins ever just disappear?
Can the price drop very low to a dollar?
Will it go very, very high???

Tell us what's possible and what's not, and what you expect please.
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October 22, 2015, 12:08:57 AM
 #2

Quote
Will all the Bitcoins ever just disappear?

no unless something happens that kills the internet permanently.

Quote
Can the price drop very low to a dollar?

yes.

Quote
Will it go very, very high???

depends on what you call "very, very high". but the price will most likely go up as time goes by. browse around the speculation board to see what people expects the price to be in the future.
ronald98
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October 22, 2015, 12:29:15 AM
 #3

Anything's possible, Bitcoin price could go strata-spherically high or it could become worthless. It's unlikely to become worthless now its established as a store of value but in some extreme circumstances it's possible. Under other extreme circumstances it could become the biggest market on the planet. For now I think it will follow a midway path and go up in value, but not to the million dollar Bitcoin level.
asadou (OP)
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October 22, 2015, 12:39:05 AM
 #4

Anything's possible, Bitcoin price could go strata-spherically high or it could become worthless. It's unlikely to become worthless now its established as a store of value but in some extreme circumstances it's possible. Under other extreme circumstances it could become the biggest market on the planet. For now I think it will follow a midway path and go up in value, but not to the million dollar Bitcoin level.
Quote
Will all the Bitcoins ever just disappear?

no unless something happens that kills the internet permanently.

Quote
Can the price drop very low to a dollar?

yes.

Quote
Will it go very, very high???

depends on what you call "very, very high". but the price will most likely go up as time goes by. browse around the speculation board to see what people expects the price to be in the future.

If Bitcoin's price actually does go to something like a dollar, it will happen gradually, right? Not overnight.
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October 22, 2015, 01:01:32 AM
 #5

it can go down in a flash once the price reaches around $100. nobody knows for sure. the price depends on human actions and humans have emotions and egos.

but don't let it scare you because that is unlikely to happen.
teddy5145
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October 22, 2015, 01:27:27 AM
 #6

Will all the Bitcoins ever just disappear?
Can the price drop very low to a dollar?
Will it go very, very high???

Tell us what's possible and what's not, and what you expect please.
No one here can tell us about the future of bitcoin because no one here works as fortuneteller Wink
But i had a good feeling that bitcoin proce will stabilize around 270 for now and then reach 300 at the end of the year
Grin
boliu
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October 22, 2015, 01:30:07 AM
 #7

anything can happen, you will be in the right track if you treat it as an investment and hope for the best.

asadou (OP)
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October 22, 2015, 01:56:02 AM
 #8

Will all the Bitcoins ever just disappear?
Can the price drop very low to a dollar?
Will it go very, very high???

Tell us what's possible and what's not, and what you expect please.
No one here can tell us about the future of bitcoin because no one here works as fortuneteller Wink
But i had a good feeling that bitcoin proce will stabilize around 270 for now and then reach 300 at the end of the year
Grin
anything can happen, you will be in the right track if you treat it as an investment and hope for the best.
it can go down in a flash once the price reaches around $100. nobody knows for sure. the price depends on human actions and humans have emotions and egos.

but don't let it scare you because that is unlikely to happen.

Thanks I was just worried because, I was planning to buy Bitcoins and I was afraid that the whole Bitcoin system would disappear or something cuz if it does, then all my $$$ would be gone.
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October 22, 2015, 02:25:16 AM
 #9

Will all the Bitcoins ever just disappear?
Can the price drop very low to a dollar?
Will it go very, very high???

Tell us what's possible and what's not, and what you expect please.
No one here can tell us about the future of bitcoin because no one here works as fortuneteller Wink
But i had a good feeling that bitcoin proce will stabilize around 270 for now and then reach 300 at the end of the year
Grin
anything can happen, you will be in the right track if you treat it as an investment and hope for the best.
it can go down in a flash once the price reaches around $100. nobody knows for sure. the price depends on human actions and humans have emotions and egos.

but don't let it scare you because that is unlikely to happen.

Thanks I was just worried because, I was planning to buy Bitcoins and I was afraid that the whole Bitcoin system would disappear or something cuz if it does, then all my $$$ would be gone.

Only invest what you can afford to lose in BTC, is what a lot of people say. With this kind of view it allows you to ride out a lot of volatility

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
dothebeats
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October 22, 2015, 02:47:33 AM
 #10

Will all the Bitcoins ever just disappear?
Can the price drop very low to a dollar?
Will it go very, very high???

Tell us what's possible and what's not, and what you expect please.

No, once bitcoins are minted, they won't be lost unless their owners lose their control on the wallet.

Price can go low again. Chances are slim, but it is still possible that we hit one digits if in case something happens.

Again, it is possible that we reach 5 digits in the future. There are some speculations about it that it is very likely to happen. For speculating, I use tradingview to see the price predictions of other experienced users and I base my take on prices on that.

asadou (OP)
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October 22, 2015, 04:25:51 AM
 #11

Will all the Bitcoins ever just disappear?
Can the price drop very low to a dollar?
Will it go very, very high???

Tell us what's possible and what's not, and what you expect please.

No, once bitcoins are minted, they won't be lost unless their owners lose their control on the wallet.

Price can go low again. Chances are slim, but it is still possible that we hit one digits if in case something happens.

Again, it is possible that we reach 5 digits in the future. There are some speculations about it that it is very likely to happen. For speculating, I use tradingview to see the price predictions of other experienced users and I base my take on prices on that.
Will all the Bitcoins ever just disappear?
Can the price drop very low to a dollar?
Will it go very, very high???

Tell us what's possible and what's not, and what you expect please.
No one here can tell us about the future of bitcoin because no one here works as fortuneteller Wink
But i had a good feeling that bitcoin proce will stabilize around 270 for now and then reach 300 at the end of the year
Grin
anything can happen, you will be in the right track if you treat it as an investment and hope for the best.
it can go down in a flash once the price reaches around $100. nobody knows for sure. the price depends on human actions and humans have emotions and egos.

but don't let it scare you because that is unlikely to happen.

Thanks I was just worried because, I was planning to buy Bitcoins and I was afraid that the whole Bitcoin system would disappear or something cuz if it does, then all my $$$ would be gone.

Only invest what you can afford to lose in BTC, is what a lot of people say. With this kind of view it allows you to ride out a lot of volatility

Thanks for the suggestions! Cheesy Smiley
franky1
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October 22, 2015, 04:37:25 AM
 #12

Will all the Bitcoins ever just disappear?
even if just 2 people were mining it, it will continue.
with that said there are already people that have permenant systems in place, not for the purpose of making money, but for the purpose of keeping an accurate copy of the ledger, decentralised.

Can the price drop very low to a dollar?
if all you care about is the $$ of bitcoin.. your missing the whole point of bitcoin.. but lets settle your mind
the price can go in any direction.
such as if only 2 people were mining it they would get1800 coins a day (if evenly split between 2) so if all they wanted to earn was $50 a day they would sell coins for 3cents each..
so its possible..
that being said, the cost of mining is in petahashes and equipment costs/electric costs and the splits of rewards will make it more expensive to mine at the continual rate. thus they wont sell coins too cheap as miners have to break even and thus the price will rise..

Will it go very, very high???
as explained in last statement..

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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October 22, 2015, 05:17:15 AM
 #13

Will all the Bitcoins ever just disappear?
- No, There's no chance for this to happen as the process is not reversible

Can the price drop very low to a dollar?
- Mathematically speaking, there might be a slightest chance as there are fluctuates always but to drop all the way to a single dollar, I can't see it happening

Will it go very, very high???
- It could as long as the demand for it increases, it value does as well.

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October 22, 2015, 07:32:48 AM
 #14

i don't think so, but it could remain with low usage and thus making it a niche thing, which would be equal to being disappeared until the next big thing come out

if this will ever happen miners will leave and bitcoin will truly disappear

this is the outcome that we are all waiting for, the possibility is there, we need to wait and hope
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October 22, 2015, 09:04:14 AM
 #15

Will all the Bitcoins ever just disappear?
Can the price drop very low to a dollar?
Will it go very, very high???

Tell us what's possible and what's not, and what you expect please.

Nobody know this for sure mate. Bitcoin is still just an experiment that still even in beta. As each day passes, Bitcoin is stronger and eventuality that its price will drop to zero is lower and lower. But anything can happen.

Be careful how much you are investing. Invest what you can afford to lose and enjoy the ride, and the finish will be very positive, we all hope so.
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October 22, 2015, 12:37:04 PM
 #16

Will all the Bitcoins ever just disappear?
Can the price drop very low to a dollar?
Will it go very, very high???

Tell us what's possible and what's not, and what you expect please.

Nobody know this for sure mate. Bitcoin is still just an experiment that still even in beta. As each day passes, Bitcoin is stronger and eventuality that its price will drop to zero is lower and lower. But anything can happen.

Be careful how much you are investing. Invest what you can afford to lose and enjoy the ride, and the finish will be very positive, we all hope so.

Yes investing all your wealth is not at all recommend by many veterans of bitcoin as it's still a experiential project even evolving over time. Invest little and spread word on bitcoin to make people aware of bitcoin and it's opportunity. This will be making you in a winning situations.

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