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Author Topic: Bitcoin will be stable in 2020  (Read 9523 times)
OrangeII
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May 15, 2016, 07:33:58 AM
 #141

it is possible, if all countries already recognize bitcoin, bitcoin I guess someday will have a fixed and stable prices. if it happens bitcoin might be used as an alternative to the dollar

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May 15, 2016, 10:55:56 AM
 #142

Hm. I think it will not be stable on my own opinion ,because the exchange is always fluctuating the market value .the more users of bitcoins ,the more tendency that bitcoin will be more become higher amount , just like our fiat currency is fluctuating .


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May 15, 2016, 11:11:14 AM
 #143

Hm. I think it will not be stable on my own opinion ,because the exchange is always fluctuating the market value .the more users of bitcoins ,the more tendency that bitcoin will be more become higher amount , just like our fiat currency is fluctuating .

That is the real world, and future will be like that for sure. So depends from definition of stability we can even now say that bitcoin is stabile.
Normally more people join safer currency will be, but bitcoin is going in good direction for now. That is most important thing, of course there will be problems some bigger then other what we can do is to be prepared for that, and not to quit on first sight of big problems coming.
If until end of 2020 bitcoin have at least double more followers ( and I expect more ) we will have chances for going really high.

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May 15, 2016, 01:21:05 PM
 #144

Really Bitcoin market will stabilize in 2020 ?
Is it because the reward is only 6.25 BTC/block?

stable bitcoin would be awesome for lots of people that are interested in bitcoins but are afraid to lose their money, stable bitcoin would let them use it without fear

but i don't think that bitcoin will be stable then, as lots of people predicted that bitcoin will be stable in 2014, but it wasn't, so i think that it won't be stable in 2020 too

 
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May 17, 2016, 01:37:19 PM
 #145

Really Bitcoin market will stabilize in 2020 ?
Is it because the reward is only 6.25 BTC/block?
It will be stable for some time I think but not for whole 2020 if that is going to happen then so many people would leave Bitcoin. And I cannot blame them because they have no reason to stay.
What is the need of leaving bitcoin and what you mean by that. There is no reason for people to leave bitcoin. People will start using bitcoin instead of saving it for future as bitcoin prices get stable.
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May 17, 2016, 05:44:01 PM
 #146

The price is going to be stable sometime again that is for sure but to predict now that it is going to be stable in 2020 is something nobody knows for sure.
If it happens then it happens we just have to wait and see what it will bring us.

If we have huge market cap then we can expect price stability in bitcoin or else its not possible, but we will see many more users joining the party in next 4 years so we can expect certain price stability.
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May 18, 2016, 08:50:55 AM
 #147

2020 do you even know how long it will take to reach that. How can you think the bitcoin will be stable by then.
I think you're dreaming to much stay by reality please. And life by the day
But once bitcoins reaches some higher price levels and most of the bitcoins would have been mined out, there are more possibilities the prices of bitcoin to become stable. So, around 2020 there would be more chances for stable bitcoin prices.
Yes, once bitcoin prices are becoming very huge amount, then there would be new investors and will buy regularly some bitcoins (like getting salary in bitcoin). They will keep bitcoins prices to be stable without any pressure from the sellers.
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May 18, 2016, 09:18:27 AM
 #148

The price is going to be stable sometime again that is for sure but to predict now that it is going to be stable in 2020 is something nobody knows for sure.
If it happens then it happens we just have to wait and see what it will bring us.
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May 18, 2016, 10:06:12 AM
 #149

The price is going to be stable sometime again that is for sure but to predict now that it is going to be stable in 2020 is something nobody knows for sure.
If it happens then it happens we just have to wait and see what it will bring us.

I do not know what is going to happen in 2020 because we are four years away from that year. We can only speculate about what can happen but no one knows the exact answer.
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May 18, 2016, 07:39:16 PM
 #150

2020 do you even know how long it will take to reach that. How can you think the bitcoin will be stable by then.
I think you're dreaming to much stay by reality please. And life by the day
But once bitcoins reaches some higher price levels and most of the bitcoins would have been mined out, there are more possibilities the prices of bitcoin to become stable. So, around 2020 there would be more chances for stable bitcoin prices.
Yes, once bitcoin prices are becoming very huge amount, then there would be new investors and will buy regularly some bitcoins (like getting salary in bitcoin). They will keep bitcoins prices to be stable without any pressure from the sellers.
When supply and demand are enough for each other, then definitely we can expect from stable prices for bitcoin. As you have mentioned once most of the bitcoins get mined out, we can expect stable or only rising bitcoin prices.
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May 18, 2016, 08:44:16 PM
Last edit: May 21, 2016, 05:04:38 PM by ultimatesky
 #151

2020 do you even know how long it will take to reach that. How can you think the bitcoin will be stable by then.
I think you're dreaming to much stay by reality please. And life by the day
But once bitcoins reaches some higher price levels and most of the bitcoins would have been mined out, there are more possibilities the prices of bitcoin to become stable. So, around 2020 there would be more chances for stable bitcoin prices.
Yes, once bitcoin prices are becoming very huge amount, then there would be new investors and will buy regularly some bitcoins (like getting salary in bitcoin). They will keep bitcoins prices to be stable without any pressure from the sellers.
When supply and demand are enough for each other, then definitely we can expect from stable prices for bitcoin. As you have mentioned once most of the bitcoins get mined out, we can expect stable or only rising bitcoin prices.

There is a chance that the bitcoin will be stable in 2020 but I think it will even take a little longer.
Of course no one can predict this but I think it will be around 2023 or something, it need a little more time in my eyes.
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May 18, 2016, 10:10:18 PM
 #152

There is a chance that the bitcoin will be stable in 2020 but I think it will even take a little longer.
Of course no one can predict this but I think it will be around 2023 or something, it need a little more time in my eyes.

I agree that 2020 is too soon. Just look where we are now. Problems with the block size, volatility etc. At best we can only hope the market will grow up and the pump and dumps are history. It is something which is bad for bitcoin.

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May 19, 2016, 12:12:18 AM
 #153

There is a chance that the bitcoin will be stable in 2020 but I think it will even take a little longer.
Of course no one can predict this but I think it will be around 2023 or something, it need a little more time in my eyes.

I agree that 2020 is too soon. Just look where we are now. Problems with the block size, volatility etc. At best we can only hope the market will grow up and the pump and dumps are history. It is something which is bad for bitcoin.

I don't think we'll ever get rid of pumps and dumps. If at some point current whales are out ruled by institutional investors, then they will continue where the old Bitcoin whales stopped. Even the largest stocks are not imune for pumps and dumps.
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May 19, 2016, 01:06:38 AM
 #154

Whether it is stable or not, I think the price would have appreciated quite a bit by that time.
I plan to turn a seller after the block reward halving in 2020.  Smiley
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May 19, 2016, 07:13:45 AM
 #155

Really Bitcoin market will stabilize in 2020 ?
Is it because the reward is only 6.25 BTC/block?
It will be stable for some time I think but not for whole 2020 if that is going to happen then so many people would leave Bitcoin. And I cannot blame them because they have no reason to stay.
What is the need of leaving bitcoin and what you mean by that. There is no reason for people to leave bitcoin. People will start using bitcoin instead of saving it for future as bitcoin prices get stable.
You are right, bitcoin will turn as a pure currency if it's prices are sustaining at one price level. Using or spending bitcoins does not mean people are leaving bitcoin. Actually bitcoin is invented for using as normal fiats.

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May 20, 2016, 05:36:31 PM
 #156

Really Bitcoin market will stabilize in 2020 ?
Is it because the reward is only 6.25 BTC/block?
It will be stable for some time I think but not for whole 2020 if that is going to happen then so many people would leave Bitcoin. And I cannot blame them because they have no reason to stay.
What is the need of leaving bitcoin and what you mean by that. There is no reason for people to leave bitcoin. People will start using bitcoin instead of saving it for future as bitcoin prices get stable.
You are right, bitcoin will turn as a pure currency if it's prices are sustaining at one price level. Using or spending bitcoins does not mean people are leaving bitcoin. Actually bitcoin is invented for using as normal fiats.

If the bitcoin rises around 20% a year in the next few years and the price is not too volatile, it will become a good currency.

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May 20, 2016, 06:01:15 PM
 #157

Whether it is stable or not, I think the price would have appreciated quite a bit by that time.
I plan to turn a seller after the block reward halving in 2020.  Smiley
maybe you're right, it may be better to sell when prices are really high. but I think bitcoin prices will keep growing, because it will be many users who would buy bitcoin

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May 20, 2016, 07:21:47 PM
 #158

The bitcoin will be stable without any doubts, and I also think the bitcoin has a good future a head with its growing users.
It cannot be predicted of course but this is just what I think.
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May 20, 2016, 09:13:15 PM
 #159

Whether it is stable or not, I think the price would have appreciated quite a bit by that time.
I plan to turn a seller after the block reward halving in 2020.  Smiley
maybe you're right, it may be better to sell when prices are really high. but I think bitcoin prices will keep growing, because it will be many users who would buy bitcoin

Making small profits is not worth it. I have trying this (sell when it go high) but then the price did not go low so in the end I was better out just not selling. Which is my exact same strategy.
Hold for at least 1.5 year and then make a sell strategy or buy stuff.
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May 20, 2016, 11:12:42 PM
 #160

Whether it is stable or not, I think the price would have appreciated quite a bit by that time.
I plan to turn a seller after the block reward halving in 2020.  Smiley
maybe you're right, it may be better to sell when prices are really high. but I think bitcoin prices will keep growing, because it will be many users who would buy bitcoin

Making small profits is not worth it. I have trying this (sell when it go high) but then the price did not go low so in the end I was better out just not selling. Which is my exact same strategy.
Hold for at least 1.5 year and then make a sell strategy or buy stuff.

Certain bots operating on exchanges that don't charge any fees can make quite a bit profit after a month or so by just buying and selling for very small profits. If the bot makes hundred trades a day with $1 profit, then you'll have $50 per day, $350 per week, $1400 per month.
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