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Author Topic: Bitcoin will be stable in 2020  (Read 9523 times)
pearnapple
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August 05, 2016, 04:33:40 PM
 #221

If bitcoin network reaches a increased user profile around 25% from the current number of users bitcoin has the possibility to give a stable price by 2020.
i think that the stable price might be reached by that year though i definitely wouldnt like it because it would be as  boring as gold then

 
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crairezx20
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August 05, 2016, 04:38:55 PM
 #222

But at that time the demand will be increased much more because of more people involving in bitcoin, so at that time the adoption will be at its rapid speed and in that situation we cannot expect that the price of bitcoin will stabilize but it will continue to increase more faster and the stability will occur only when almost all of the people adopt it and a constant use of bitcoin is started.

Yes. I think the bitcoin price will be between $5000 to $20,000 in 2020. It is due the general usage of bitcoin.

After a few hacks, and there is no good user experience, the bitcoin price could go lower and  it is replaced by another coin.

the rate of bitcoin is stable or not, its depend on the market and condition people to buy and sell. if people react in bitcoin in positif then bitcoin can more growth, but if not, bitcoin will get falls. enthusiastic people to bitcoin can give good effect for bitcoin and maybe bitcoin from year to year will be growth and gets stable.

The bitcoin price shall not fall much in the next few months. The hack just happened to one exchange.
Well we dont know the price will not go down again but i think the price should be increase because mining bitcoin using new asic miners are still not profitable now a days because of price decrease..
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August 05, 2016, 06:14:50 PM
 #223

If bitcoin network reaches a increased user profile around 25% from the current number of users bitcoin has the possibility to give a stable price by 2020.
i think that the stable price might be reached by that year though i definitely wouldnt like it because it would be as  boring as gold then

But for me it will not be boring as I want this coin as a permanent currency like other traditional currencies, with that we will be able to put all of our money in bitcoin and we will not have any fear of its price fall. and if are doing trade and want fluctuations in bitcoin then I will prefer to trade with altcoins, as these coins are giving much higher profit in trade, try to invest in LIR and other coins like that which have a great potential to increase in value in the coming future.
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August 06, 2016, 04:34:11 PM
 #224

But at that time the demand will be increased much more because of more people involving in bitcoin, so at that time the adoption will be at its rapid speed and in that situation we cannot expect that the price of bitcoin will stabilize but it will continue to increase more faster and the stability will occur only when almost all of the people adopt it and a constant use of bitcoin is started.

Yes. I think the bitcoin price will be between $5000 to $20,000 in 2020. It is due the general usage of bitcoin.

After a few hacks, and there is no good user experience, the bitcoin price could go lower and  it is replaced by another coin.

the rate of bitcoin is stable or not, its depend on the market and condition people to buy and sell. if people react in bitcoin in positif then bitcoin can more growth, but if not, bitcoin will get falls. enthusiastic people to bitcoin can give good effect for bitcoin and maybe bitcoin from year to year will be growth and gets stable.

The bitcoin price shall not fall much in the next few months. The hack just happened to one exchange.
Well we dont know the price will not go down again but i think the price should be increase because mining bitcoin using new asic miners are still not profitable now a days because of price decrease..

If there is no further bad news about the bitcoin, the price of bitcoin should start rising in the next few days.
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